Pakistan: FBR issues rules for common reporting standard

The OECD has released crucial administrative guidance to help multinational corporations navigate the complex filing requirements of the Pillar Two Global Minimum Tax, addressing concerns about meeting the upcoming 30 June 2026 deadline. Under

The Federal Constitutional Court of Pakistan has struck down Section 7E of the Income Tax Ordinance, 2001, ruling that the controversial tax on deemed rental income is unconstitutional and void from the beginning. In a Short Order issued on 7 May

The OECD published an updated list of signatories, including their signing dates, to the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA) on 5 May 2026. The agreement

The OECD has published Revenue Statistics in Latin America and the Caribbean 2026, presenting comparable tax revenue data across 29 countries in the region on 5 May 2026. Executive summary Tax revenues increased as a share of GDP between 2023

The OECD has released a new implementation toolkit to support tax administrations in applying the Global Minimum Tax in a consistent and co-ordinated way, reducing administrative and compliance burdens on 30 April 2026. The OECD has updated its

The OECD has announced the launch of a new Cross-Border Assistance in the Recovery of Tax Claims (CBAR) Accelerator Programme, in partnership with the Belgium Federal Public Service Finance, on 28 April 2026. The programme aims to support