2026

Services Taxation Major Sticking Point in UN Talks, Chair Says (06/26/2026)

Disagreements over how to tax cross-border services are proving to be a major hurdle for negotiators working on a United Nations global tax agreement, the head of the negotiating committee said Friday.

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Tax Incentives Continue to Dominate Governments’ R&D Support (06/26/2026)

Government support for research and development through tax incentives has more than doubled over two decades, new OECD data shows.

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Trump Vows 100% Tariff If Countries Impose Digital Services Tax (06/26/2026)

President Trump says any country that imposes a digital services tax on American companies “will immediately be met with a 100% TARIFF” on all goods sent to the US.

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Tax AI Where Profits Are Created, OpenAI Executive Says (06/26/2026)

Tax policy for artificial intelligence should focus on where profits are created, a top OpenAI executive said on June 26,2026.

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Trump threatens 100% tariff on any country that imposes digital services tax

This article reports that President Trump threatened a 100% tariff on goods from any country imposing a digital services tax on U.S. companies. The article links the threat to France’s existing digital services tax on revenues from online marketplaces and advertising, as well as broader U.S. objections to European DSTs that the U.S. Trade Representative has argued discriminate against American technology companies.

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Government R&D Tax Supports Doubled in 20 Years, OECD Finds
Tax incentives now account for 60 percent of government support for business R&D across OECD countries, up from 28 percent in 2004, according to an updated OECD database covering 56 countries. The data also show R&D tax relief has tripled as a share of government budget allocations, with Portugal, Iceland, the U.K., France, and China leading in tax relief as a share of GDP.
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Trump Threatens 100% Tariff on European Countries That Impose Digital Services Tax
President Trump threatened to impose a 100% tariff on goods from any European country that enacts a Digital Services Tax on U.S. tech companies, warning the levy would supersede the existing EU-U.S. trade deal. The threat raises fresh trade tensions a day after the EU approved tariff reductions under that agreement, and comes amid legal uncertainty over whether Trump has the authority to impose such tariffs immediately.
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ECJ Adviser Backs EU Probe Into Mead Johnson Gibraltar Tax Break (06/25/2026)

The European Court of Justice should back the European Commission’s decision to extend a state aid investigation into whether a Gibraltar entity of the Mead Johnson Nutrition group received preferential tax treatment, an adviser to the court wrote on June 25, 2026.

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Tax Simplification Gains Outweigh Revenue Losses, Hoekstra Says
EU Tax Commissioner Wopke Hoekstra defended the European Commission's tax simplification omnibus, which promises to save companies €8 billion by reducing duplicative reporting and easing pillar 2-related antiabuse obligations, arguing the package's budgetary impact on member states is negligible by comparison. Hoekstra also signaled openness to an EU-wide digital services tax as a potential future revenue source if pillar 1 negotiations fail, while cautioning against reading broader harmonization ambitions into the proposal.
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EU’s DAC Recast Facilitates Future Pillar 2 Reporting Changes
The European Commission's proposed recast of the EU's administrative cooperation directives would consolidate all DAC rules into a single framework, cut €1.283 billion in compliance costs, and empower the commission to adopt implementing acts to align EU rules with future OECD GLOBE information return updates without requiring unanimous legislative amendments. Key changes include easing DAC6 reporting burdens for pillar 2 in-scope multinationals, raising DAC7 digital platform reporting thresholds, and streamlining DAC4 and DAC9 notification requirements.
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