Sanae Takaichi Proposes Consumption Tax Cut Equal to 2% of GDP
Japan's PM Takaichi proposes a food tax cut, sparking debate over fiscal stability and the nation's commitment to…
Trump Says Tariffs Will Replace Income Tax After Supreme Court Setback
Trump proposes replacing income tax with tariffs during SOTU address, pivoting to new legal authorities after a Supreme…
SEIU-UHW Backs 2026 Billionaire Tax Act as Bernie Sanders Pushes Forward
California's 2026 Billionaire Tax Act proposes a one-time wealth levy on the ultra-rich to fund healthcare, sparking a…
Jim Chalmers Signals Capital Gains Tax Review, Putting CGT Discount in Play
Australia considers cutting the capital gains tax discount to tackle a $42 billion deficit, potentially pairing the move…
IRS Postpones RMD Compliance Date via Announcement 2026-7
The IRS has delayed final RMD regulations via Announcement 2026-7, linking the new compliance timeline to future Federal…
Government Halves Rodtep Refunds, Squeezing Exporters’ Profit Margins
India halves RoDTEP export benefits for textiles and autos, squeezing margins amid a 45% budget cut and rising…
Cato Institute Finds Fiscal Surplus as Undocumented Immigrants Pay Higher Taxes
A Cato Institute study reveals immigrants generated a $14.5T fiscal surplus over 30 years, contributing far more in…
Court Lets IRS Share Taxpayer Data with ICE Under Memorandum of Understanding
A D.C. appellate court has allowed the IRS to continue sharing taxpayer data with ICE, ruling that address…
Bill Aims to Boost Esports Outside Seoul with Tax Incentives
South Korea proposes making regional esports tax credits permanent to boost economic activity and tournament hosting outside the…
Budget 2026 Pushes Unified Safe Harbours and 15.5% Markup for Unilateral Apas
India's Budget 2026 streamlines IT transfer pricing with a 15.5% safe harbour rate and expanded eligibility, effective April…
Supreme Court of India Lets Revenue Seek Reconsideration on Section 148 Faceless Assessing Officers
India's Supreme Court allows Revenue to revisit quashed Section 148 notices, extending the legal battle over local vs.…
Income Tax Department Warns of Phishing Emails Causing Refund Delays
Tax authorities warn against sophisticated phishing and AI-enhanced scams targeting tax refunds and personal data in 2026; always…
HJR 203 Asks Voters to Use Homestead Exemption for Non-School Property Taxes
Florida's HJR 203 proposes phasing out non-school property taxes for homesteaded primary residences, requiring a 60% voter approval…
Poland Weighs Compensatory Tax Targeting Digital Services Tax
Poland proposes a 3% Digital Services Tax on advertising and marketplaces, targeting large platforms with Polish revenue starting…