Turkey approves effective date on CAA regarding CbC exchange arrangement with US

Turkey has approved the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA), reinforcing its participation in the international framework supporting the global minimum

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

The US Internal Revenue Service (IRS) issued the 2025 Data Book on 5 June 2026, detailing the agency’s activities during fiscal year 2025. The report provides a statistical overview of the agency’s operations and the work employees performed to

Turkey’s Revenue Administration has announced the publication of Presidential Decision No. 11396 on 6 June 2026, approving the ratification of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA). The GIR

Turkey enacted Law No. 7582 on 4 June 2026, introducing a broad package of tax reforms, including a differentiated corporate tax system and expanded incentives for exports, production, and qualified service activities. The legislation also