2026

Tariff revenue is now flowing out of the US Treasury’s coffers faster than it’s coming in, with nearly $22 billion in unlawfully collected duties reimbursed to importers in May.

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Corporate income tax exemptions remain the most popular investment tax incentive instrument across most of the globe, data compiled by the OECD shows.

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A senior EU official on Thursday urged the restart of stalled global digital tax negotiations “as soon as possible,” warning that the issue of untaxed revenue from digital services is unlikely to go away.

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Global funds are piling into Indian government bonds after New Delhi removed taxes on debt for foreign investors and eased ownership caps, along with moves that have helped stabilize the rupee.

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Switzerland lost its position as the world’s most competitive economy to Singapore, slipping to third place in the ranking as high US trade tariffs and a strong Swiss franc hurt investment flows.

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Colombia wants to join the US in having its companies exempted from part of the 15% global minimum tax that dozens of countries have already adopted.

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The OECD is planning to share documentation on tax morale with several tax administrations in the coming weeks, an official said.

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