Just In

A two-speed Europe? The latest ACEA report on the EU Zero-Emission Vehicle Tax Disparity shows that 1/3 of EU states still offer no tax help for green commercial fleets.

Cash transfers just got more expensive. The new OBBBA Remittance Excise Tax imposes a 1% levy on cash and money order remittances sent abroad.

The service industry just got a raise. The IRS has finalized the OBBBA No Tax on Tips rules, exempting gratuities from federal income tax while adding strict anti-abuse guardrails.

Extraordinary times call for extraordinary taxes. The new UK Wealth Tax Proposal suggests “war-time” adjustments to protect households from inflation.

Macroeconomic stability takes center stage. A deferral of the Philippines Fuel Excise Tax hike is likely after the ADB warned of slowing regional growth.

The future of Brazilian tax is live in beta. The Brazil IBS CBS Testing environment is now open for banks to pilot the revolutionary “Split Payment” system.

Digital victory in Warsaw. The Poland KSeF E-Invoicing system reports 150 million invoices in its first week, proving the “hard launch” is a success.

A major win for the cloud. The CTA has ruled that Philippines SaaS Withholding Tax on software subscriptions can be reduced to 0% under tax treaties.

Small parcels, new costs. The EU Fixed Customs Duty is now live, adding a flat €3 fee to all international e-commerce imports under €150.

IT and Tax have a new common language. The OECD Pillar Two GIR Schema is now official, setting the mandatory XML format for global minimum tax reporting.