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Amid Shutdown, Many Taxpayer Deadlines Still Apply

Ms. Meyercord expressed concern about navigating the system without help from the government

Maples Group’s Multi-Jurisdictional Tax Teams Recognised by International Tax Review

The ITR World Tax guide provides a comprehensive analysis of the world’s leading tax firms

UAE signs on to OECD crypto reporting framework

The system establishes a mechanism for exchanging automatically tax information on crypto asset activities and comes into effect in 2027, with the first exchanges of information expected in 2028.

Irish budget offers relief to housebuilding sector

“Government is determined to use all policies at our disposal to increase supply and alleviate pressure, so that more people can access a home.”

HMRC finds value in ‘big data’ after bringing in extra £4.6billion

HMRC has spent time building up the amount of data sources that it can access and analyse

Bermuda Corporate Income Tax: Public Consultation on Proposed Tax Credits

The Government is seeking feedback on the draft legislation and any further guidance needed to support implementation.

Baker McKenzie Recognized as Leading Tax Law Firm with 21 Awards at the International Tax Review Awards 2025

Baker McKenzie and its member firms collectively won 21 awards at the International Tax Review Awards 2025, cementing the Firm’s position as a leading law firm for tax services.

Italy's 5% VAT rate on art sales and imports: A strategic boost for the art market

Each transaction must therefore be carefully assessed to determine the applicable VAT regime

First UK corporate criminal tax prosecution ‘a warning’ to businesses

Two corporate criminal tax offences (CCOs) were introduced on 30 September 2017 under the Criminal Finances Act 2017

Plastic tax revenue fall could spark UK budget shift

The total number of registered businesses is also predicted to drop this financial year

New Luxembourg Circular clarifies the definition of exempt UCIs under anti-hybrid tax rules

The clarification provided by the ACD is particularly welcome, as it brings much-needed legal certainty and transparency to the fund industry.

Pillar Two Mourant Jersey and Guernsey outlook

Instead, it introduced the MCIT at a rate of 15% which is applicable to relevant Jersey constituent entities which are not Excluded Entities nor subject to application of the de minimis exemption.

Luxembourg tax authorities clarify CIV exemption criteria for investment funds

The Circular provides much needed clarity for investment fund structures

Passing it on: planning in anticipation of a gift tax

The annual exemption for gifts has remained at £3,000 since 1984 (an inflationary increase would be close to £10,000 now).

The One Big Beautiful Bill Act and tax-exempt organizations

The OBBBA modifies the excise tax on net investment income paid by certain private colleges and universities under section 4968.

Boardroom Briefing: The rise of Jersey established, UK tax resident Family Investment Companies

Ogier Global additionally offers the option of a hybrid board model, where family member directors sit alongside Ogier-appointed directors.

Italy introduces 5% VAT rate on art sales and imports: A strategic boost for the art market

Each transaction must therefore be carefully assessed to determine the applicable VAT regime

Luxembourg Government proposes reform of carried interest tax regime

This bill, together with the laws implementing an inpatriate tax regime and clarifying the use of alphabet classes of shares, gives yet another tool to employers to attract and retain talent.

Tax Legislative Updates in The Bahamas (2025)

VAT registrants are no longer able to claim VAT credits on goods or services acquired for major construction activity

Avoiding the 10 year anniversary tax risks in British death in services schemes

It may also be a good opportunity to update and modernise the trust terms