FATCA Agreement Signed between United States and Romania

Romania’s Ministry of Finance, in a press release, has approved the procedural mechanism for delivering a 3% rebate on profit and income taxes to microenterprises for the 2025 fiscal year, implementing Government Emergency Ordinance no. 8/2026.

The Department of the Treasury and the Internal Revenue Service (IRS) announced that it issued Notice 2026-28 on 5 August 2026, providing guidance on the employer credit for paid family and medical leave (PFML) under the Working Families Tax Cuts

A coalition of 25 Democratic-led US states has challenged the Trump administration in court, alleging that the President's latest tariffs on imports from 60 trading partners, like many of his previous sweeping tariff measures, exceed the legal

The Trump administration is expected to announce a 15% tariff and introduce minimum import prices on polysilicon and related solar products, including wafers, cells, and solar panels, following a national security investigation conducted under

The US Internal Revenue Service (IRS) and Security Summit partners issued a notice on 4 August 2026 warning tax professionals to watch for phishing emails and other schemes designed to steal sensitive taxpayer data. This is the second in the

The European Union executed a significant protectionist shift this week, defined by a sustained and escalating campaign of trade defence actions. The week began with sweeping new controls on Russian industrial materials taking effect and was