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Global Tax Updates

Editorial Team – [2025] 170 taxmann.com 662 (Article)

World Tax News provides a weekly snippet of tax news from around the globe. Here is a glimpse of the tax happening in the world this week.

  1. Trump administration withdraws commitment to OECD global tax deal, Reinforces U.S. Sovereignty in Tax Policy;
  2. Italy revises tax loss carryforward rules subsequent to change in control; and
  3. UK HMRC publishes guidance on the corporation tax on sale of business assets.
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