The OBBBA Passed . . . Now What?
July 8, 2025
On July 4th, President Trump signed the budget reconciliation bill, informally known as the “One Big Beautiful Bill Act” (OBBBA), whose tax provisions are estimated to increase the deficit by approximately $4.5 trillion.
Soft Landing, Strong Start: How the Washington, DC Global Soft Landing Program Supports International Growth
July 8, 2025
Discover how the DC Global Soft Landing Program simplifies U.S. market entry through two pathways with flexible office space and tailored immigration support.
Spain Shakes Up Vat Standards: Local Branches Can Be Treated as Separate Taxable Persons Outside a Vat Grouping – Impact on Financial and Insurance Industries
July 7, 2025
The Spanish Tax Authorities have interpreted EU VAT law to argue that internal flows between a head office and its foreign branches may be subject to VAT when the branch is deemed to operate independently.
Romania plans 21% standard VAT rate and 11% reduced rate from 1 August 2025 – What businesses must do now
July 3, 2025
The Romanian Prime Minister has reintroduced legislation raising the standard VAT rate from 19% to 21% and replacing the existing 5% and 9% VAT rates by a new reduced rate of 11% with effect from 1 August 2025 (supply date driven).
