2026

PwC Netherlands’ chief economist called for new categories and accounting rules to tax artificial intelligence models. Instead of classifying AI as goodwill or charging their costs to income, she proposed classifying them as immaterial assets with their own valuation and depreciation models. She also called for international cooperation for new accounting rules because unilateral measures increase risk of profit shifting.

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Countries should abandon digital services taxes and pursue a multilateral approach to the digital economy or risk US-led trade or tax retaliation, according to a bipartisan House resolution introduced Thursday.

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The European Parliament’s economic affairs committee adopted a report Thursday calling for stronger reform measures, including tax changes, to strengthen the EU’s competitiveness.

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The European Commission pointed out inefficient and costly tax expenditures in several member states and called for better-designed R&D incentives in its 2026 European Semester Spring Package. The commission has withheld funds from EU countries that did not satisfactorily implement one or more pre agreed recovery plan milestones.

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In its economic outlook report, the OECD cautioned member and some nonmember countries against introducing and keeping broad-based tax cuts and subsidies for fossil fuels and instead recommended that countries should increase tax revenues by either broadening their tax bases or raising their tax rates.

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Denmark's new government is launching sweeping tax reforms, highlighted by a new tech tax targeting global tech giants and a corporate income tax cut from 22% to 19% to boost business competitiveness. The plan also features temporary household electricity tax cuts that recently drew praise from the European Commission for promoting electrification.

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Latif explores the difficulties developing economies face with the international structure for cross-border tax disputes and describes solutions through the work of the U.N. Framework Convention on International Tax Cooperation.

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The European Commission pushed Luxembourg and Malta to strengthen measures against aggressive tax planning, warning both countries they’re susceptible to companies shifting profits to low-tax jurisdictions.

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US officials should ensure countries at the OECD don’t further complicate the global minimum tax rules and target US companies, a business group urged the Treasury Department in a letter released Wednesday. The Alliance for Competitive Taxation expressed concern about the Organization for Economic Cooperation and Development’s plans to release “integrity” guidance under the global minimum tax following a deal struck by countries Jan. 5 that would carve out US companies from parts of the minimum levy’s framework.

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The EU's ECON committee is voting on a 28th tax regime proposal aimed at helping cross-border startups by creating a unified tax base and letting them offset losses across borders. They might launch it with a smaller group of member states if they are unable to get all members to agree.

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