80 articles
Treasury and IRS proposed regulations introduce a daily proration framework for CFC Subpart F and GILTI inclusions, replacing the prior year-end snapshot rule, with major implications for M&A transaction teams and international tax functions.
Breaking: House committee clears sweeping crypto tax bill covering stablecoins, staking, DeFi lending, and a $10 de minimis fee exemption, with direct accounting and reporting implications for US firms and individual filers.
Bipartisan committee vote moves US crypto tax legislation toward the full House, with real but deferred risk for accounting firms and digital asset CFOs.
The House Ways and Means Committee voted 38-5 to advance the Digital Asset Tax Certainty Act alongside two other tax bills, introducing mark-to-market accounting, wash-sale rules, and a voluntary disclosure program for digital assets — with stablecoin accounting implications at the centre.
Breaking down the September 15 2026 legislative and regulatory moves that directly affect crypto tax reporting and partnership audit exposure for US accounting firms and CFOs
SEC chair signals a dual-track strategy: support the Clarity Act legislatively while advancing issuance, custody, and transfer-agent rules unilaterally, creating a concrete regulatory horizon that US accounting firms and CFOs must plan against now.
Industry groups seek a preliminary injunction to block Illinois's 0.2% digital asset transaction tax before its January 2027 start date, creating immediate contingent-liability and crypto accounting software readiness obligations for firms.
House leadership's decision to cancel two weeks of September session has pushed crypto-related tax bills — including wash-sale reform and mark-to-market accounting for digital assets — into deep uncertainty, with firms needing to plan for extended ambiguity.
Chainalysis data reveals CARF's 86% onchain blind spot, with concrete implications for accounting firms and CFOs managing digital asset tax compliance.
Two major crypto trade groups file a fresh state-court challenge to Illinois's 0.2% Digital Asset Tax Act, calling it a rushed and unlawful statute, with direct implications for firms' tax provisioning and crypto accounting software strategies.
Crypto trade groups mount a fresh court challenge to Illinois's first-in-the-nation digital asset transaction tax, with direct accounting and compliance implications for US firms and CFOs.
HMRC updates agent sign-up guidance for MTD for Income Tax, raising practical steps accounting firms must take now for clients above the £50,000 threshold
IRS proposed rules would let digital asset brokers go electronic-only for Form 1099-DA statements, with enhanced consent and notification requirements effective from 2027
Operational and compliance impact of the IRS final Form 1099-DA rules on accounting firms, brokers, and CFOs holding stablecoins or NFTs
Washington state's draft NFT taxability guidance redraws B&O and sales-tax obligations for marketplace facilitators and sellers, with a November 2026 comment deadline and likely multi-state ripple effects.
PARITY Act draft provisions: wash sales, mark-to-market, and staking deferral and the accounting and tax planning steps firms need now
SARS opens public comment on draft tax legislation with direct implications for crypto asset reporting, bookkeeping, and compliance obligations for South African accounting firms and CFOs
Practical accounting and tax implications for US accounting firms and CFOs of the seven proposed digital asset tax bills summarised by Forvis Mazars
Hong Kong's CARF and Amended CRS Bill enters LegCo: what accounting firms and CFOs must prepare for now
SARS draft legislation released for public comment signals tightening crypto tax reporting obligations for South African firms and CFOs
EU tax enforcement surge: PSD infringement letters to France, Germany and Italy; DAC9 pressure on Belgium, Bulgaria and Cyprus; and a French share-buyback tax referral to the CJEU, all landing in a single July 2026 wave
HMRC refreshes its MTD for Income Tax training hub, adding a software-selection video and updated agent sign-up guidance, with key mandatory rollout dates approaching for accounting firms and their clients.
Congressional recess watch: Reconciliation 2.0, SEC Project Crypto, and an energy credit standoff that is blocking Treasury nominees
White House engagement on the CLARITY Act signals that US digital asset legislation is moving toward a vote, with concrete accounting and compliance implications for firms and CFOs
HMRC's July 2026 update to digital platform operator registration guidance: compliance obligations, reporting thresholds, and practical steps for accounting firms and CFOs
India's Union Budget 2025-26 expands the VDA definition to cover crypto assets and mandates third-party reporting from April 2026, with parallel changes to TDS, the updated-return window, and individual income tax slabs that directly affect payroll and global mobility costs.
The European Commission's proposed Omnibus Directive and DAC Recast will reshape cross-border tax compliance obligations for EU-operating firms, with unanimous member-state approval still required.
Tax enforcement gap in India and Israel exposes serious crypto accounting and compliance risks for firms serving clients in both jurisdictions
SARS draft crypto tax guidance applies existing Income Tax Act and CGT rules to disposals, trader vs investor classification, and donations tax, with a public comment window closing 31 August 2026
Switzerland's SIF sets out where Pillar 1 and Pillar 2 stand today, what is already in force, and what accounting firms and CFOs serving multinational clients must track next.
CARF goes live in Norway from 1 January 2026: what the automated exchange of crypto data means for accountants and CFOs advising Norwegian clients
HMRC has updated its authorised software list for Pillar 2 Top-up Tax filings, signalling a tightening compliance window for large UK-linked corporate groups and their advisers.
HMRC refreshes the VAT-exempt investment gold coin list, adding Tristan da Cunha, with updated guidance on the 180% price threshold and Global Accounting treatment
SARS activates the interest calculation method for Global Minimum Tax liabilities from 1 July 2026, creating an immediate compliance obligation for multinationals and their advisers in South Africa.
The European Commission's June 2026 Tax Omnibus rewrites core EU direct-tax directives, removing holding requirements, tightening anti-abuse rules, and aligning CFC and Pillar Two treatment. Accounting firms and CFOs serving EU multinationals need to map the changes now.
Three EU tax shifts land simultaneously: the FASTER Directive is now law, Italy's tax consolidation rules face a CJEU test, and Romania's windfall tax joins a growing queue of CJEU referrals. Accounting firms and CFOs need to know what each means for cross-border structures.
DAC7 is live across most EU member states: where implementation stands, what platform operators must report, and which countries are still catching up
Four concurrent EU tax enforcement and legislative developments across Luxembourg, Netherlands, Poland, and Sweden create immediate compliance pressure for multinationals and their advisers.
Four CJEU and EU-level tax rulings from late 2022 carry direct compliance implications for accounting firms and CFOs operating across Italy, Portugal, Spain, the Netherlands, and Germany, covering property platform withholding, capital duties, State aid, and energy solidarity contributions.
DAC9 formalises the GloBE Information Return in EU law, creating a central filing option and mandatory information exchange that MNE groups and their advisers must plan around now
Two landmark EU court rulings reshape the tax treatment of cross-border banking branches in Portugal and close off a direct challenge to the EU Minimum Tax Directive, with direct implications for multinational structures and tonnage tax planning.
EU DAC6/DAC7/DAC8 regulatory shifts, IAS 12 GloBE amendments, and member-state implementations create concrete compliance obligations for accounting firms and CFOs advising EU-facing clients
HMRC refreshes VAT Notice 723A: procedural rules for non-UK businesses reclaiming UK VAT, with key deadlines and eligibility conditions accounting firms need to track now
Third Circuit's Murrin decision binds Tax Court practitioners in DE/NJ/PA: a preparer's fraud alone triggers Section 6501(c)(1)'s unlimited assessment window, exposing innocent clients to decades of back-tax and interest liability
EU DG TAXUD's new two-volume wealth tax study maps regimes across seven jurisdictions and flags compliance gaps, information exchange deficits, and the growing importance of tax administration digitalisation for accounting firms advising high-net-worth clients.
Bill C-15 creates immediate planning obligations for Canadian accounting firms advising businesses on capital gains, foreign affiliate income, trust reporting, and SR&ED credits
IRS disputes CP53E errors exist while AICPA collects practitioner examples of erroneous notices sent to taxpayers who owed nothing
Switzerland and Croatia have signed a DTA amendment implementing OECD minimum standards on treaty abuse and automatic information exchange, with parliament ratification still pending in both countries.
EU DG TAXUD publishes the 2026 ViDA work programme, giving accounting firms and CFOs a concrete implementation roadmap for phased VAT digitalisation through 2035
Section 530A Trump accounts create an 18-year recurring advisory revenue stream that most accountants are overlooking
