The OECD/G20 Inclusive Framework on BEPS issued an updated consolidated commentary to the global Anti-Base Erosion Model Rules, part of Pillar Two of the Inclusive Framework’s Two-Pillar Solution, on 9 May 2025. The 2025 edition expands

The OECD has released an updated Consolidated Commentary on the Global Anti-Base Erosion Model Rules (2025) on 9 May 2025. This Consolidated Commentary incorporates Agreed Administrative Guidance that has been released by the Inclusive Framework

Pakistan's Federal Board of Revenue has published the Tax Laws (Amendment) Ordinance 2025, enacted on 2 May 2025. A key amendment in the legislation authorises the tax authority to demand immediate tax payment, even if a stay is granted or an appeal

The Federal Board of Revenue (FBR) of Pakistan has announced a one-month extension for sales tax-registered individuals to link their hardware and software with the FBR’s digital system and begin electronic transmission of invoices on 30 April

The OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters, amended by the 2010 protocol, took effect in the Philippines on 1 May 2025. The Multilateral Convention on Mutual Administrative Assistance in Tax Matters

The OECD has published the Taxing Wages 2025 report on 30 April 2025, highlighting that post-tax incomes increased in almost three-quarters of OECD countries in 2024, as real wages recovered and labour taxes increased slightly. This annual