US: IRS announces new option for certain taxpayers to request more time after ERC claim disallowance
The US Internal Revenue Service (IRS) announced on 27 April 2026 a new, streamlined way for taxpayers to extend the period of time for the IRS and the IRS Independent Office of Appeals to review a taxpayerโs response to a disallowance of an
See MoreUS: Trump Administration to raise digital tax issue with King Charles during state visit
The US President Donald Trump has revealed that he will address several pressing bilateral issues with King Charles during the British monarch's upcoming state visit to Washington, including the UK's digital services tax. Speaking to Reuters on
See MoreUS: Taxpayer Advocacy Panel issues 2025 annual report highlighting taxpayer-focused recommendations to improve tax administration
The US IRS has announced that the Taxpayer Advocacy Panel has released its 2025 Annual Report on 24 April 2026, highlighting accomplishments and ongoing efforts to strengthen Internal Revenue Service delivery, improve communications with taxpayers,
See MoreUS: IRS revives controversial transfer pricing rule after decades of dormancy
The US Internal Revenue Service (IRS) is dusting off a 40-year-old tax provision that could dramatically reshape how multinational companies price transactions involving intellectual property, raising concerns among international tax practitioners
See MoreUS: New York Governor, Mayor propose tax on luxury second homes
New York Governor Kathy Hochul and Mayor Zohran Mamdani unveiled a joint proposal on 15 April 2026 to impose a new tax on second homes valued above USD 5 million. The measure specifically targets ultra-wealthy individuals who maintain expensive
See MoreUS: Trump pledges to ‘remember’ companies skipping tariff refunds
President Donald Trump said he will take note of companies that choose not to claim refunds on tariffs recently ruled illegal by the Supreme Court, hinting at potential future benefits for those who abstain. Speaking to CNBC on Tuesday, 21 April
See MoreUS: IRS issues Whistleblower Alert, expands efforts to uncover fraud
The US Internal Revenue Service (IRS) issued a Whistleblower Alert on 17 April 2026, highlighting an area of concern about misuse, diversion or fraudulent use of federal funds by tax-exempt organisations, individuals and businesses, and urged the
See MoreUS: IRS launches new online tool to help taxpayers resolve tax debt
The US Internal Revenue Service (IRS) announced on 16 April 2026 a new online tool to help taxpayers understand and resolve tax debt. The Tax Debt Help tool provides individuals and businesses with a simple, accessible way to explore payment
See MoreSaudi Arabia, US sign tax information exchange agreement
Saudi Arabia and the US signed an exchange of information agreement relating to tax matters on 14 April 2026. During a meeting, Secretary of the Treasury Scott Bessent and Saudi Minister of Finance Mohammed bin Abdullah al-Jadaan discussed
See MoreUS announces 30-day tax filing relief for DHS personnel affected by shutdown
The US Department of the Treasury, in coordination with the Internal Revenue Service (IRS), has announced tax filing relief for affected personnel at the Department of Homeland Security (DHS), citing financial and administrative burdens resulting
See MoreUS: CBP to begin first phase of duty refunds under IEEPA
The US Customs and Border Protection (CBP) has announced that it will launch the first phase of the Consolidated Administration and Processing of Entries (CAPE) tool in the Automated Commercial Environment Secure Data Portal (ACE Portal) on 20 April
See MoreUS: Trump Administration releases 2026 Economic Report of the President
The Trump Administration announced the release of the 2026 Economic Report of the President on 13 April 2026. The Economic Report of the President is prepared annually by the Council of Economic Advisers, providing a comprehensive review of the
See MoreItaly: Tax Court of Appeals grants US company lower tax rate on dividends in ruling
The Italian Tax Court of Appeals of Abruzzo delivered a decision on 17 February 2026 (Decision 93/2026), allowing a US corporation to benefit from a reduced 1.2% withholding tax rate on dividends received from its Italian subsidiary. Case
See MoreUS finalises rules identifying tip-receiving occupations under the One, Big, Beautiful Bill
The US Department of the Treasury and the Internal Revenue Service announced on 10 April 2026 that it issued final regulations on the โNo Tax on Tipsโ provision. The One, Big, Beautiful Bill final regulations provide the list of occupations that
See MoreUS consults proposed regulations on new remittance transfer tax under One, Big, Beautiful Bill
The US Department of the Treasury and the Internal Revenue Service announced, on 10 April 206, that it has proposed regulations that would provide rules and definitions related to the new excise tax imposed on certain remittance transfers, also
See MoreCroatia, US conclude negotiations on amending protocol to tax treaty
Following its meeting on 9 April 2026, the Croatian government issued a report announcing the conclusion of negotiations for amending protocol to the income tax treaty with the US. It must now go through a process of formal signing and
See MoreUS Trade Court questions Trump’s legal authority for 10% global tariffs
A US federal trade court panel has raised serious doubts about the legality of President Donald Trump's 10% tariff on most imports, questioning whether the country's trade deficit alone justifies such sweeping duties. During a hearing on Friday,
See MoreUS imposes 100% tariff on imported branded pharmaceuticals, lower rates for EU, UK, Japan and Korea (Rep.)
US President Donald Trump has signed an executive order imposing sweeping tariffs on imported patented pharmaceuticals, with rates reaching 100% for most products not manufactured domestically. The measure, formalised through a proclamation issued
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