Skip to main content

2026

‘Definitely a Sham’: As Tariffs Climb, Trade Fraud and Accounting Tricks Proliferate

This article examines how rising tariffs on Chinese imports have led to widespread trade fraud and accounting manipulation, as firms attempt to circumvent higher duties. It highlights practices such as misclassification of goods and rerouting through third countries, raising significant enforcement challenges. These developments are directly relevant to international tax and trade compliance, as tariff avoidance strategies often intersect with transfer pricing and customs valuation issues. The piece underscores how increased trade barriers can distort reporting and complicate cross-border regulatory enforcement.

To read the full article, click here (subscription required).

 

OpenAI’s Altman releases blueprint for taxing, regulating artificial intelligence

OpenAI published a policy blueprint for artificial intelligence recommending a revised social contract to prepare for the technology’s likely impact on the economy, workforce and overall state of humans.

To read more go here Subscription Required

Tariffs Return as Clock Ticks Down on Trump’s 10%: Supply Lines

The Trump administration is preparing to outline a tiered system for its broad tariffs on steel and aluminum products in an attempt to simplify a process that has dogged American companies for months.

To read more go here Subscription Required

Interest Deduction Tweak Prompts Thoughts of Offshore Borrowing

American companies with a big global footprint are reconsidering their debt strategies in the US after a change in Republicans’ 2025 tax law that limits their ability to deduct interest expenses.

To read more go here Subscription Required

Support for OECD Digital Tax Deal Waning, French Official Says

Consensus on an international agreement for taxing the digital economy has greatly weakened among countries, a top French tax official warned.

To read more go here Subscription Required

Rival Nations Seize On Choke Points to Counter Trump

This article explores how countries are leveraging strategic economic “choke points” to counter U.S. trade policies, including restrictions on critical supply chains and financial flows. It highlights the growing use of economic tools as geopolitical leverage, with implications for global trade and cross-border investment. These developments are relevant to international tax because shifting supply chains and geopolitical fragmentation can affect where profits are earned and taxed. The piece provides useful context for understanding how global tax systems respond to increasingly politicized trade environments.

To read the full article, click here (subscription required).

Trump Administration Readies New Tariffs on Select Drugmakers

The Trump administration is set to announce tariffs on drugmakers that haven’t struck deals guaranteeing low prices in the US, according to people familiar with the plan, the latest move to tax imported goods on national security grounds.

To read more go here Subscription Required

Multinationals Confront Audit Risks Ahead of Global Tax Filings

Multinationals in the world’s largest economies are facing several unanswered questions and possible audit scrutiny as they prepare to file their first global minimum tax forms ahead of a fast-approaching June deadline.

To read more go here Subscription Required

Corporate America’s Growing Quest for Tariff Refunds

This article examines corporate litigation seeking refunds of tariffs imposed under executive authority later overturned by the Supreme Court. The reporting highlights the fiscal and legal consequences of invalidated cross-border levies, including potential revenue exposure for the federal government and broader implications for the treatment of trade-based revenue measures in international economic policy.

To read the full article, click here (subscription required).

Corporate America Finally Reveals (Some of) Its Tax Secrets

This article examines how major U.S. corporations, including Nvidia, are disclosing large tax payments while also utilizing international tax strategies in jurisdictions like Ireland and Malta, highlighting ongoing issues in corporate tax transparency and global tax planning.

To read the full article, click here (subscription required).

Back to top