GLOBAL TAX INTELLIGENCE
International and corporate tax developments.
Follow material tax changes around the world, with clear legal status and links to the original documents.
From the Intelligence desk.
Tax developments and analysis from Straxiom Intelligence. Browse by topic and country.
United States · Court decision
US trade court certifies importer class seeking IEEPA tariff refunds
On 8 October 2026, the US Court of International Trade certified an importer class in Freestyle World Inc. v United States for litigation seeking IEEPA tariff refunds, without yet ordering those refunds.
United States · Administrative guidance
US confirms China Section 301 tariffs continue pending review
On 7 October 2026, the US Trade Representative published a notice confirming that the two China Section 301 tariff actions, as modified, remain in effect following timely industry requests for continuation.
United States · Administrative guidance
US IRS treats planned ETF portfolio conversions as taxable exchanges
On 28 September 2026, the US Treasury and Internal Revenue Service released Revenue Ruling 2026-20, treating a planned contribution and redemption through an exchange traded fund as a taxable securities exchange, alongside Notice 2026-62 on potentially abusive investment-fund strategies.
United States · Administrative guidance
US revises staking safe harbour for digital-asset investment trusts
On 6 October 2026, the IRS released Revenue Procedure 2026-20, revising the conditions under which qualifying digital-asset investment trusts can stake their assets without losing their federal income tax classification.
United States · Proposed legislation
US proposes new entry and bonding rules for low-value shipments
On 8 October 2026, US Customs and Border Protection published a proposed rule to replace and tighten informal-entry procedures for shipments valued at $2,500 or less.
United States · Administrative guidance
US defines domestic content for Section 232 tariffs on Canadian and Mexican products
On 9 October 2026, the Federal Register filed Bureau of Industry and Security Notice 2026-20938 for publication, defining US content for certain Canadian and Mexican products under Proclamation 11032’s Section 232 metal tariffs.