EY International Tax and Transaction Services

EY helps you manage your tax requirements - working together to uncover opportunities, manage risks, cross-border reporting & transfer pricing.

[EY International Tax and Transaction Services @EYIntlTax]

#Luxembourg recently published the list of jurisdictions for the automatic exchange of specific sections of the Global anti-Base Erosion (GloBE) Information Return (GIR) under the #PillarTwo rules. #GlobalInformationReturn https://t.co/1HlfFpk3iN

[EY International Tax and Transaction Services @EYIntlTax]

EY reviews #Canada’s recent introduction of further #PillarTwo amendments in Bill C-31, including new safe harbors and #GlobalMinimumTaxAct technical amendments. #Undertaxedprofitsrule #UTPR https://t.co/sQhA5Z9lg7

[EY International Tax and Transaction Services @EYIntlTax]

#Portugal's Tax Authority has explained the impact on Portuguese companies of the #OECD's recent update regarding #PillarTwo filings. https://t.co/WNZIiWzUBP

[EY International Tax and Transaction Services @EYIntlTax]

#Spain’s MOF launched a short public consultation on a draft update to the list of non-cooperative tax jurisdictions; #Gibraltar and #Barbados would be removed from the list. https://t.co/cVfBbr7KC2

[EY International Tax and Transaction Services @EYIntlTax]

The #CJEU ruled on 13 May 2026 in the in the latest in a line of #transferpricing cases considering the VAT treatment of transfer pricing adjustments, in the Stellantis Portugal case. https://t.co/jzvV33HH48

[EY International Tax and Transaction Services @EYIntlTax]

#Spain and #Brazil reached mutual agreement on the #taxtreaty characterization of interest on net equity payments (#INE), concluding it should be treated as interest; INE will not benefit from participation exemption in Spain. #interestonnetequity https://t.co/yOQIArXEAW

[EY International Tax and Transaction Services @EYIntlTax]

#Canada’s government tabled the Budget 2025 Implementation Act, No. 2, in the House of Commons, implementing various Budget 2025, income tax, #globalminimumtax and indirect tax measures. https://t.co/yXMmCEWx2l

[EY International Tax and Transaction Services @EYIntlTax]

The #OECD released a common understanding on the #GlobalInformationReturn central filing and provided updates to Administrative Guidance under #PillarTwo. #undertaxedprofitsrule https://t.co/ZkDXdXeblq

[EY International Tax and Transaction Services @EYIntlTax]

EY considers the treatment of dividend income under the #OECD Model Rules from a #Mauritius perspective, with a focus on the interaction between domestic tax exemptions and the Excluded Dividend rules. https://t.co/6oXKQjYY14

[EY International Tax and Transaction Services @EYIntlTax]

#Kenya's government presented the Finance Bill, 2026 to Parliament for consideration and public input; the measures generally are expected to take effect from 1 July 2026 or 1 January 2027, following Presidential assent. https://t.co/I3lvzQD0YB

[EY International Tax and Transaction Services @EYIntlTax]

EY reviews #Australia’s 2026-27 Federal Budget released 12 May, focusing on the key announced tax measures that affect business tax planning, compliance processes and business incentives. https://t.co/A5WFs7deQx

[EY International Tax and Transaction Services @EYIntlTax]

#SaudiArabia and the United States recently signed a Tax Information Exchange Agreement (#TIEA) that covers a wide range of taxes including income tax, #zakat, VAT, excise tax, other similar Saudi taxes and various US federal taxes. https://t.co/rXR0BtTi3a

[EY International Tax and Transaction Services @EYIntlTax]

The #OECD released a toolkit to support tax administrations in applying #Pillar Two and updated FAQs on the GloBE Model Rules and the #GlobalMinimumTax. #BEPS https://t.co/bbeYyuhorr

[EY International Tax and Transaction Services @EYIntlTax]

#SouthAfrica’s Revenue Service (#SARS) released draft subordinate legislation for the #advancepricingagreement (#APA) pilot program for public comment. #transferpricing https://t.co/bdsyoa00Zb

[EY International Tax and Transaction Services @EYIntlTax]

#Kuwait has issued a Circular introducing an advance payment system under the Multinational Entity (MNE) Tax Law; MNEs should consider whether the new system aligns with Pillar Two compliance strategies, cash-flow planning and administrative priorities. https://t.co/LKqwGggdbX

[EY International Tax and Transaction Services @EYIntlTax]

#Chile has proposed a comprehensive tax reform bill to boost economic growth and encourage foreign / domestic investment; key measures include reduction of the CIT rate from 27% to 23% by 2029 and a fully integrated tax system by 2030. https://t.co/JFU4pxhyw4

[EY International Tax and Transaction Services @EYIntlTax]

#Turkiye has amended the income tax and corporate tax rules applicable to #foreignsourcedividends and certain #crossborderservices; MNCs should reassess ownership structures, service models and #cashrepatriation strategies. https://t.co/KEjeY3cSFg

[EY International Tax and Transaction Services @EYIntlTax]

#Nigeria has provided clarification on the introduction of the #EconomicDevelopmentIncentive (performance-based tax credit system) under the Nigeria Tax Act 2025 to replace the Pioneer Status Incentive (income tax holiday). https://t.co/1NSL33Sjcn

[EY International Tax and Transaction Services @EYIntlTax]

The US and #Croatia on 28 April signed a tax protocol that would amend the pending 2022 US-Croatia #incometaxtreaty and protocol. https://t.co/G1O27TKHfy

[EY International Tax and Transaction Services @EYIntlTax]

EY reviews key tax measures and effective dates in #Canada’s Bill C-30 Spring Economic Update 2026 Implementation Act; the business income tax measures are considered substantively enacted for financial reporting purposes as of 29 April 2026. https://t.co/52elHP5ecy