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IMF Warns Japan Against Sales Tax Cut Ahead of Article IV Consultation
The IMF warns Japan against broad food tax cuts, favoring targeted relief to protect fiscal stability and social security funding…
Supreme Court Rules on GST Refunds with Justice JB Pardiwala
Indian businesses cautioned against unverified reports of a 2026 Supreme Court GST ruling while managing tax incidence rules and U.S.…
Pritzker Proposes Tax on Social Media Firms to Boost Education Funding
Illinois weighs a new social media fee for school funding, with a key property tax report due March 1, 2026.…
Supreme Court Extends Time for Statutory Appeal in GST Input Tax Credit Case
India's Supreme Court extends the GST fake ITC appeal deadline to March 2026, requiring a pre-deposit and clarifying that civil…
Poland Weighs Compensatory Tax to Offset Digital Services Tax Impact on Targeted Digital Advertising
Poland proposes a 3% Digital Services Tax for large global firms, targeting digital ads, marketplaces, and data sales linked to…
OFAC General Licenses GL 46A Guide Oil Firms on Foreign Government Deposit Funds
New U.S. Treasury rules require oil companies in Venezuela to route royalties through FGDF accounts while allowing direct payment for…
Illinois Governor JB Pritzker Pushes Two-Year Moratorium on Datacenter Tax Breaks Amid PJM Interconnection Review
Governor Pritzker proposes a two-year pause on data center tax credits to protect Illinois residents from rising electricity costs and…
Income Tax Rule 205 Requires Landlord Relationship Disclosure for HRA Claims
A guide to 2026 tax compliance for Indian-US filers, covering India's Rule 205 HRA disclosures and U.S. residency rules and…