Turkey-United States FATCA agreement signed

The US Internal Revenue Service announced, on 29 May 2026, the release of a new calculator to help businesses working on large, multi-year construction or manufacturing projects more easily figure interest related to those contracts. The

The US Congress Joint Committee on Taxation (JCT) published, on 28 May 2026, its General Explanation of the Tax Provisions of Public Law 119-21, providing a detailed breakdown of the tax measures contained in the One Big Beautiful Bill Act. The

Turkey’s Grand National Assembly (TBMM) on 21 May approved Law No. 7582, a broad legislative package containing tax and investment measures, which was first announced by the Turkish President in April 2026. The law introduces amendments to

The Industry and Security Bureau of the US Department of Commerce has published a notice in the Federal Register concerning the Procedures to Apply for Company-Specific Onshoring Agreements to Obtain Tariff Adjustments for Pharmaceuticals and

Turkey has enacted Law No. 7579, adopted on 7 May 2026 and published in the Official Gazette (Issue 33261), introducing amendments to the Land Registry Law No. 2644, Stamp Tax Law No. 488 and Condominium Law No. 634. A key procedural change

The US Internal Revenue Service (IRS) is weighing whether to require taxpayers to disclose their citizenship status on 2026 tax forms, according to sources familiar with the discussions. The move would represent the Trump administration's latest