World Tax Adviser

 A world of news with tax@hand

10/01/2025

Featured articles

  • Australian Pillar Two legislation enacted
  • Brazil enacts Pillar Two legislation

Australia

  • Mid-Year Economic and Fiscal Outlook tax summary

Bermuda

  • Corporate income tax update: New FAQs and information on administrative provisions

Brazil

  • Senate approves regulation of VAT reform

Colombia

  • Supreme Administrative Court rules on relief for foreign tax paid on domestic income

Hong Kong SAR

  • Bill to introduce Pillar Two global minimum tax, domestic minimum top-up tax published
  • Draft amending legislation to facilitate company re-domiciliation regime published

Indonesia

  • VAT rate increased to 12% as from 1 January 2025

Netherlands

  • 2025 tax plan package adopted by Senate

OECD

  • Comments invited on draft toolkit regarding ring-fencing of mining income
  • OECD Pillar One: Amount B documents published

United States

  • Notice provides simplified, streamlined approach to pricing certain transactions
  • Second set of final digital asset broker reporting regulations released

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