FATCA agreement between US and Singapore entered into force

A federal appeals court ruled on 11 June 2026 to maintain a freeze on a lower court's decision that had challenged the Trump administration's newly imposed 10% global tariff. The move ensures tariff collection continues from three importers—two

The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on Business Expenses, introducing new clarification on the tax treatment of payments for related party services. The update confirms that such payments may be deducted for tax

President Donald Trump has indicated the US may not renew the United States–Mexico–Canada (USMCA) Agreement, citing trade imbalances and stating that neither Canada nor Mexico offers goods America cannot obtain elsewhere. Despite these comments,

The Inland Revenue Authority of Singapore has announced that an income tax treaty with Tanzania was signed on 9 June 2026. The income tax treaty clarifies the taxing rights of both countries on income arising from cross-border business

The US Internal Revenue Service (IRS) and Security Summit partners announced on 8 June 2026 that a restructuring of the public-private partnership is designed to strengthen protections and enhance information sharing across the tax system. The

A US federal judge has overturned a Trump administration policy that had tightened requirements for renewable energy developers to claim federal tax incentives. US District Judge Colleen Kollar-Kotelly ruled on Saturday, 6 June 2026, that the