2026
Canada’s Cross-Border Tax Avoidance Plan Too Sweeping, Pros Say (06/29/2026)
Canada’s decision to deviate from global norms in targeting cross-border tax avoidance structures would weaken investment and raise costs for companies, especially those working with entities in the US, tax professionals say.
To read the full article, click here (subscription required).
Drug Pricing Rules and Tariffs Reshape Transfer Pricing for IP (06/29/2026)
Recent US policy changes are forcing life sciences companies to rethink core commercial decisions in ways that require a reexamination of how intercompany pricing for intangible property is structured and defended. The policy changes come from two directions: measures designed to reduce US drug prices, such as most-favored nation pricing; and tariffs.
To read the full article, click here (subscription required).
OECD Projects Less Revenue With Side-by-Side Minimum Tax Package
An OECD tax official said the side-by-side package's substance-based tax incentive safe harbor—more than the U.S. safe harbor itself—is driving down projected pillar 2 revenue, since it lets jurisdictions use qualified tax incentives to attract investment while capping top-up tax exposure. The OECD plans to release an updated global minimum tax impact assessment incorporating this and other recent implementation data, following its 2020 initial assessment and 2024 working paper.
Click here for full article.
ATAD Evaluation Flags General Antiabuse Rule’s Legal Uncertainty
A European Commission staff working document evaluating ATAD found stakeholders view the GAAR's broad, discretionary scope as a source of legal uncertainty, prompting debate over whether Unshell's economic substance criteria should instead be folded into the GAAR or DAC6's hallmark D2—a question the commission has deferred by proposing to address substance via future EU Council implementing acts. The evaluation also flags unresolved tension between the GAAR and pillar 2, with the tax simplification omnibus now clarifying that the GAAR extends to top-up taxes, even as businesses argue CFC rules are increasingly redundant alongside pillar 2.
Click here for full article.
U.S. Tariff Threat Looms Over Digital Tax Talks
President Trump threatened a 100 percent tariff on any country advancing digital services tax legislation, declaring it would apply immediately and override existing trade deals—prompting the European Commission to defend DSTs as a nondiscriminatory sovereign right and warn it will "respond swiftly and decisively" if the EU is targeted. The clash surfaces just as global digital tax talks resume, with German officials pressing for a coordinated international approach on nexus and profit allocation even as valuation questions grow more complex amid rising AI use.
Click here for full article.
Week in Insights: Tax Cuts and Jobs Act Met Its Goal at a Cost (06/28/2026)
A new economics paper complicates the story about the Tax Cuts and Jobs Act of 2017. For years, supporters have deemed it a pro-growth success, while critics have called it an expensive giveaway tilted toward corporations and high earners.
To read the full article, click here (subscription required).
Services Taxation Major Sticking Point in UN Talks, Chair Says (06/26/2026)
Disagreements over how to tax cross-border services are proving to be a major hurdle for negotiators working on a United Nations global tax agreement, the head of the negotiating committee said Friday.
To read the full article, click here (subscription required).
Trump Vows 100% Tariff If Countries Impose Digital Services Tax (06/26/2026)
President Trump says any country that imposes a digital services tax on American companies “will immediately be met with a 100% TARIFF” on all goods sent to the US.
To read the full article, click here (subscription required).
Member Companies
