Tariffs
Information on customs duties, import tariffs, trade agreements, and duty exemptions for immigrants relocating belongings, as well as for businesses importing goods to new countries.
OECD Inclusive Framework Keeps Pillar Two Global Minimum Tax Side-By-Side
Beginning in 2026, U.S. multinationals face new Pillar Two requirements under the side-by-side approach. This guidance offers a compliance off-ramp for U.S. profits but requires immediate preparation for 2027 filings.…
Guidance Clarifies Inventory Rules Under U.S. Tax Law for Visa Holders
A comprehensive overview for visa holders on managing business inventory for U.S. tax purposes. It distinguishes between immigration…
HMRC Publishes Automotive Tax Defaults Totaling £446,217.06
HMRC has publicly listed five UK automotive businesses for deliberate tax defaults, totaling over £700,000 in tax and…
Dutch Tax Unrealized Gains Box 3 Actual Return Tax Law January 1, 2028
The Dutch government is transitioning to a 36% tax on actual annual investment returns, including unrealized paper gains,…
EU Parliament Freezes U.S. Trade Vote Over Greenland, Tariffs, Trade Deal
The European Parliament has indefinitely postponed the ratification of a major EU-US trade deal. The freeze was triggered…
Trump Sees Good Deal in U.S. India Trade at World Economic Forum Davos
President Trump signaled a breakthrough in U.S.-India trade relations at Davos, predicting a 'good deal' is imminent. The…
Trump Pauses Greenland Linked Tariffs After Davos Deal on Arctic
President Trump paused February tariffs on eight countries after Davos talks with NATO chief Mark Rutte. The suspension…
Budget 2026: Every Taxpayer’s Hopes Are Pinned on Income Tax Slab Relief
Effective April 2025, India's new tax regime offers a Rs 4 lakh exemption and a full rebate for…
New Tax Year Replaces Assessment Year Aligning Financial Year Rules
Beginning April 1, 2026, India transitions to a unified 'Tax Year' system under the new Income Tax Act,…
Kiel Institute Finds Trump’s Tariffs Mostly Paid by U.S. Consumers
A Kiel Institute study shows U.S. consumers and importers pay 96% of tariff costs. These trade barriers act…