Brazil’s Federal Revenue Service (RFB) has published the Normative Instruction No. 2,265/2025 in the Official Gazette on 13 May 2025, in which it removed the UAE from the list of low-tax jurisdictions and the Austrian holding company regime (for

Austria has released an updated Ordinance, effective from 1 May 2025, with new lists of participating and reportable jurisdictions for the automatic exchange of financial account information under the Common Reporting Standard (CRS), adding Armenia,

Austria’s Ministry of Finance (BMF) has released the draft Budget Accompanying Act 2025 (BBG 2025) on 2 May 2025. The Budget Accompanying Act 2025 is presently awaiting parliamentary approval. The proposed key tax measures include amendments to

Israel's Parliamentary Finance Committee approved the 2025 state budget on 23 March 2025. The bill proposes that the net state budget for 2025 will stand at about NIS 755.9 billion – the total budget for calculation of the expenditure limit

The Austrian Ministry of Finance published a decree (BMF decree of 11.03.2025, 2025-0.159.492, BMF-AV No. 33/2025) on 11 March 2025,  updating the Austrian Transfer Pricing Guidelines 2021 (Austrian Guidelines). This update aligns the guidelines

Austria's Budget Restructuring Measures Bill 2025 (Budgetsanierungsmaßnahmengesetz 2025) entered into force following its publication in the Official Gazette on 18 March 2025. Earlier, the bill was passed  by Austria’s Lower House of