Side-by-Side Deal Is Likely Here to Stay, OECD Official Says
Teaser: An OECD official said the pillar 2 side-by-side package will likely not be reversed at the 2029 stock-take. This means special treatment for U.S.-parented multinationals may remain in global minimum tax rules.
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Use EU 28th Regime as Tax Policy Laboratory, Advisers, MEPs Say
Teaser: The proposed EU 28th regime for innovative companies could test the waters for corporate tax reform. Possible reforms include rent-based taxation, safe harbors, and simpler permanent establishment rules. The regime may pilot how to harmonize and allocate the tax base, balancing EU-wide corporate law with 27 national tax systems, advisers and MEPs say.
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Brazil Consults on Adoption of Key Pillar 2 Tax Safe Harbor
Brazil’s tax authority seeks comments on draft changes to its domestic top-up tax to adopt the OECD Pillar 2 safe harbor. The top-up tax could drop to zero for qualifying incentives, up to a limit based on payroll, depreciation, or eligible assets. This aligns Brazil's rules with the OECD, while preserving space for tax incentives under the global minimum tax.
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Luxembourg Outlines Amount B Political Commitment
Teaser: Luxembourg's tax administration will apply the OECD’s Amount B simplified transfer pricing approach to treaty jurisdictions. For in-scope marketing and distribution, Luxembourg may refrain from adjusting pay, provide a matching adjustment, or use MAP relief. This supports the political commitment, aims to reduce the risk of double taxation, and to improve certainty.
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What We Know—and Don’t Know—About the Tariff-Refund Process
This article analyzes the implementation of the tariff-refund process following the Supreme Court’s invalidation of key U.S. tariffs. It highlights administrative uncertainties, compliance challenges for importers, and the broader implications for trade enforcement and revenue recovery. The piece is particularly relevant for understanding how tariff measures function as tax-like instruments and how their reversal affects cross-border transactions and regulatory practice.
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Critical to Preserve Tax Multilateralism, OECD Official Urges
The next five years are crucial in preserving progress on multilateralism, a top OECD official said as she laid out the case for further global tax cooperation after January’s landmark minimum-tax deal.