2026

Can a Corporate Wealth Tax Happen?

Avi-Yonah argues that a corporate wealth tax is more feasible than an individual wealth tax, as it addresses the mobility and valuation challenges that hinder the direct taxation of wealthy individuals. Avi-Yonah further explains that this tax could be structured as a constitutionally valid excise on corporate operations, coordinated internationally through a pillar 2-style framework, and credited against the corporate income tax. This approach offers an alternative for taxing concentrated corporate wealth and prompts reconsideration of the relationship between wealth taxation and the existing corporate income tax.

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

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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.

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Interest Deduction Tweak Prompts Thoughts of Offshore Borrowing

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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.

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Support for OECD Digital Tax Deal Waning, French Official Says

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

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Rival Nations Seize On Choke Points to Counter Trump

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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.

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Trump Administration Readies New Tariffs on Select Drugmakers

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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.

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Multinationals Confront Audit Risks Ahead of Global Tax Filings

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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.

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Canada’s New Transfer Pricing Law Puts Taxpayers ‘on Notice’ (1)

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Canada is overhauling its rules governing intercompany transactions, handing the tax authority greater powers to adjust corporate tax bills.

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Developing Nations Watch UN Tax Rule Effort as Path to Growth

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Tax officials from developing countries said that United Nations tax reform efforts could help them meet targets under a global financial development plan.