North America

The “soft landing” is over. IRS Notice 2026-15 introduces the MACR formula, a binary test for green energy credits that disallows 100% of the credit for PFE violations.

A major blow to trade policy: The CIT has struck down the 10% global baseline tariff in the State of Oregon v. United States 2026 case, ruling the use of Section 122 unlawful.

Retirees win big in 2026. The IRS confirms the OBBBA Senior Deduction 2026 bonus is shielding millions from inflation, removing 1.8M Americans from federal tax rolls entirely.

Canada and Germany’s 2026 Strategic Industrial Tax Dialogue targets “friend-shoring” through synchronized R&D credits and green incentives to boost transatlantic industrial resilience.

The “once-a-year” audit risk is over. The IRS AI Audit Selection 2026 now evaluates tax returns six times annually using AI to match third-party data and lifestyle indicators.

From theory to enforcement: the IRS is now monitoring the OBBBA’s permanent telehealth and expanded HSA provisions, providing millions with new tax-free savings options.

Transatlantic trade has hit a breaking point. The EU Retaliation 2026 package—the largest in modern history—is now ready to hit US exporters with €93 billion in new customs duties.

The truce is over. The US-EU Auto Tariff 2026 is now live at 25%, targeting European manufacturing hubs and forcing a massive shift toward U.S. on-shoring.

CRA enters overdrive. The Canada Clean Tech Rebate 2026 update promises 450% faster processing and priority tax rulings for nation-building infrastructure.

The truce is over. The US-EU Auto Tariff Hike 2026 began its implementation today, May 4, signaling a 25% levy on European cars and a $30B hit to the Eurozone.