2026

Trade frictions across the European Union are more onerous than the highest tariff US President Donald Trump threatened to slap on the bloc last year, according to research by the European Central Bank.

Companies need additional guidance on the impacts of remote work on corporate taxes and the creation of taxable permanent establishments, practitioners told the OECD in comments as part of the group’s global workforce mobility project.

Developing countries will want to adopt the global minimum tax because they will collect revenue, and further work is being done to make the levy more administrable, a top OECD official said.

Supporters of the OECD’s new Pillar Two “side-by-side” agreement—which carves the US out of the global minimum tax—claim the deal protects US tax sovereignty and preserves Congress’ authority over domestic tax law.

The European Commission published changes to the bloc’s minimum tax law in its official journal, putting into legal effect the revised the agreement reached by countries at the OECD last week.

Singapore should use an upcoming budget to issue new guidance on the global minimum tax and expand an investment credit launched in the tax’s wake, Deloitte said.

Examines a new OECD initiative aimed at ensuring mutual agreement procedures remain available for adjustments that are substantively transfer pricing–related but not formally characterized as such.

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Discusses the evolving landscape of tax transparency initiatives heading into 2026, including developments in information exchange standards, reporting obligations, and global forums’ efforts to enhance cross-border cooperation and combat tax evasion

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The European Commission issued guidelines on how it addresses situations in which foreign subsidies, such as tax credits and other tax relief, may distort competition.

Digital services taxes will occupy a prominent place on the global tax agenda for 2026 because some EU nations will insist on their use and because a growing number of nations are realizing that DSTs may not be worth having—especially when an easy alternative already exists.