2026
Trump Weighs In on Tariff Refund Process: Supply Lines
President Donald Trump sent what might be construed as a chilling message to the thousands of American importers applying this week for refunds for his illegal tariffs: In his eyes, you might fare better if you don’t.
Taxes on Wages Hit Decade High Across OECD Countries
This article reports on new OECD data showing that taxes on labor income have reached their highest levels in a decade across member countries. It raises important policy questions about tax structure, revenue reliance, and cross-country competitiveness in labor taxation.
Pillar 2 Is Not There to 'Fill Our Pockets,' EU Official Says
The article says the European Commission cannot estimate revenue losses from the pillar 2 deal and notes that the global minimum tax aims to limit tax competition, not raise revenue. It also addresses member state requests for delays, possible simplifications to tax directives, and challenges in adapting dispute-resolution mechanisms for pillar 2 cases involving non-EU countries.
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Side-by-Side Deal Is Likely Here to Stay, OECD Official Says
Teaser: An OECD official said the pillar 2 side-by-side package will likely not be reversed at the 2029 stock-take. This means special treatment for U.S.-parented multinationals may remain in global minimum tax rules.
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Use EU 28th Regime as Tax Policy Laboratory, Advisers, MEPs Say
Teaser: The proposed EU 28th regime for innovative companies could test the waters for corporate tax reform. Possible reforms include rent-based taxation, safe harbors, and simpler permanent establishment rules. The regime may pilot how to harmonize and allocate the tax base, balancing EU-wide corporate law with 27 national tax systems, advisers and MEPs say.
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Brazil Consults on Adoption of Key Pillar 2 Tax Safe Harbor
Brazil’s tax authority seeks comments on draft changes to its domestic top-up tax to adopt the OECD Pillar 2 safe harbor. The top-up tax could drop to zero for qualifying incentives, up to a limit based on payroll, depreciation, or eligible assets. This aligns Brazil's rules with the OECD, while preserving space for tax incentives under the global minimum tax.
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Luxembourg Outlines Amount B Political Commitment
Teaser: Luxembourg's tax administration will apply the OECD’s Amount B simplified transfer pricing approach to treaty jurisdictions. For in-scope marketing and distribution, Luxembourg may refrain from adjusting pay, provide a matching adjustment, or use MAP relief. This supports the political commitment, aims to reduce the risk of double taxation, and to improve certainty.
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What We Know—and Don’t Know—About the Tariff-Refund Process
This article analyzes the implementation of the tariff-refund process following the Supreme Court’s invalidation of key U.S. tariffs. It highlights administrative uncertainties, compliance challenges for importers, and the broader implications for trade enforcement and revenue recovery. The piece is particularly relevant for understanding how tariff measures function as tax-like instruments and how their reversal affects cross-border transactions and regulatory practice.
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