News

The third session of the Intergovernmental Negotiating Committee on the UN Framework Convention on International Tax Cooperation (UN Tax Framework Convention, or Convention) officially opened in Nairobi, Kenya on 10 November 2025.

The parliament has adopted a law setting out VAT exemption thresholds retroactively applicable as from 1 March 2025, effectively repealing the planned reduction introduced by the 2025 Finance Law which the government suspended ( see Government Delays VAT Exemption Threshold Reduction for Small

At their 15–16 October 2025 meeting in Washington, D.C., G20 finance ministers reaffirmed their commitment to resolving outstanding issues in the global minimum tax framework under Pillar Two.

IBFD has written a joint article with WATAF and South Centre titled "Future of the UN Tax Committee under the UN Framework Convention on International Tax Cooperation".

On 8 October 2025, the Danish Minister of Taxation introduced Bill L 23 to the Danish parliament to implement the Amending Directive to the 2011 Directive on Administrative Cooperation (2025/872) (DAC9) into Danish law.

On 6 October 2025, we hosted our annual IBFD Dialogues on International Taxation Seminar during the 77th IFA Congress in Lisbon, bringing together leading voices in international taxation to explore the transformative potential of Generative AI for tax professionals. The seminar, held at the Lisbon