2026

The Trump administration is preparing to outline a tiered system for its broad tariffs on steel and aluminum products in an attempt to simplify a process that has dogged American companies for months.

American companies with a big global footprint are reconsidering their debt strategies in the US after a change in Republicans’ 2025 tax law that limits their ability to deduct interest expenses.

Consensus on an international agreement for taxing the digital economy has greatly weakened among countries, a top French tax official warned.

This article explores how countries are leveraging strategic economic “choke points” to counter U.S. trade policies, including restrictions on critical supply chains and financial flows. It highlights the growing use of economic tools as geopolitical leverage, with implications for global trade and cross-border investment. These developments are relevant to international tax because shifting supply chains and geopolitical fragmentation can affect where profits are earned and taxed. The piece provides useful context for understanding how global tax systems respond to increasingly politicized trade environments.

To read the full article, click here (subscription required).

The Trump administration is set to announce tariffs on drugmakers that haven’t struck deals guaranteeing low prices in the US, according to people familiar with the plan, the latest move to tax imported goods on national security grounds.

Multinationals in the world’s largest economies are facing several unanswered questions and possible audit scrutiny as they prepare to file their first global minimum tax forms ahead of a fast-approaching June deadline.

Canada is overhauling its rules governing intercompany transactions, handing the tax authority greater powers to adjust corporate tax bills.

Tax officials from developing countries said that United Nations tax reform efforts could help them meet targets under a global financial development plan.

A United Nations group of tax experts approved plans to help developing countries increase the ways they tax high net-worth people.

For years, US multinational companies routinely placed their global intellectual property in affiliates in low-tax jurisdictions outside the US. This may no longer become routine.