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2026

Europe’s Competitiveness Problem Is Becoming a Tax Base Problem(09/24/2026)

Rapid technological development and willingness to deploy capital at staggering scale are essential ingredients for success in the modern global economy. The European Union and its 27 member states are therefore disadvantaged by their excessive regulation, market fragmentation, and business culture of risk aversion.

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Do Mobile Workers Create Permanent Establishment, TP Challenges?

Global mobility frequently appears as a potential area of concern for transfer pricing professionals. For example, executives may be told to avoid signing contracts in foreign jurisdictions because doing so might create a permanent establishment, or PE. The global dispersion of senior management may also prompt questions about how a group’s transfer pricing policies should be structured, particularly in an age when less weight is given by some tax administrations to capital allocation and asset ownership.

 

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Australia Royalty Ruling Zooms in on Multinationals, Intangibles (09/23/2026)

The Australian Taxation Office has shifted gears in its approach to royalties. After several years of developing a comprehensive position on how its royalty rules apply to intangibles in the context of modern business models — a position that has attracted criticism — Tax Ruling 2026/2 and draft Practical Compliance Guideline 2026/D4 provide a platform for the ATO to intensify its review of cross-border arrangements involving intangibles.

 

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Canada as EU Associate Member Would Put Tax Sovereignty to Test

Tax was conspicuously absent from the speeches delivered last week by European Commission President Ursula von der Leyen and Canadian Prime Minister Mark Carney.

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Business Urges Exemption From Part of EU Tax Anti-Avoidance Laws(09/23/2026)

Companies should be exempted from parts of the the EU’s anti-profit-shifting tax regime if they are already subject to a domestic minimum tax, a trade group argued Wednesday.

 

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Multinationals Seek Expansion of Ireland’s R&D Tax Credits (09/22/2026)

Businesses are urging Ireland to expand research and development tax credits to activities carried out by subsidiaries of multinationals in other countries.

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Klingbeil Calls for EU Plan on Energy Windfall Tax by October (09/18/2026)

German Finance Minister Lars Klingbeil called on the European Commission to present proposals by October for a windfall tax on oil companies benefiting from higher fuel prices.

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OpenAI Official Predicts AI Tax Policy Will Davelop Quickly (09/18/2026)

Artificial intelligence tax policy is likely to develop at a quicker pace than other policy areas amid public concern about the technology’s effect on labor and wealth, a top OpenAI tax official said Friday.

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EU Tax Simplification Bill to Bring €3 Billion Revenue Hit (09/18/2026)

The European Commission defended its plans to streamline the EU’s tax code that could cost member state governments about €3 billion ($3.4 billion) in annual corporate tax revenue as necessary to remove barriers to cross-border investment.

 

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