Nomadic Tax Institute
Publicly sourced cross-border tax developments. Dates, status and scope are shown separately so they can be read in context.
2645 updates
Status requires verification
The standard deduction for individual taxpayers will increase to $15,000, and for married couples filing jointly, it will rise to $30,000, reflecting adjustments for inflation.
Editorial impact label: High
Status requires verification
The implementation of a global minimum tax rate aimed at preventing tax base erosion and profit shifting by multinational companies.
Editorial impact label: High
Status requires verification
In response to updated emissions standards (Euro 6d-ISC-FCM and Euro 6e), Budget 2025 includes a **benefits in kind easement** to mitigate the impact on company car tax for PHEVs. Vehicles registered on or after 1 January 2025 which meet certain criteria will have their CO2 emission figure deemed nominally 1 for BIK calculation purposes. This easement applies retroactively from 1 January 2025 to 5 April 2028, and those accessing eligible PHEV company cars before 5 April 2028 will retain easement until variation or renewal or until 5 April 2031. This helps employers and employees avoid sudden tax increases due to standard changes.
Editorial impact label: Medium
Status requires verification
The standard deduction for individual taxpayers will increase to $15,000 for single filers and $30,000 for married couples filing jointly, aimed at providing tax relief amid rising living costs.
Editorial impact label: High
Status requires verification
A new policy establishing a minimum global corporate tax rate of 15% to combat tax base erosion and profit shifting.
Editorial impact label: High
Proposed
The Australian government has proposed a reduction in the corporate tax rate from 30% to 25% for businesses with an annual turnover of less than AUD 50 million.
Editorial impact label: High
Proposed
The federal government has proposed an increase in the tax rate for individuals earning over $250,000 annually, raising the rate from 33% to 37%. This policy aims to address income inequality and fund social programs.
Editorial impact label: High
Status requires verification
The standard deduction for individuals and married couples filing jointly will see an increase to adjust for inflation, providing more tax relief for taxpayers.
Editorial impact label: High
Proposed
A proposed policy to establish a minimum corporate tax rate of 15% for multinational corporations to curb tax base erosion and profit shifting.
Editorial impact label: High
Proposed
The government has proposed an increase in the tax offset for low-income earners to provide additional financial relief amid rising living costs.
Editorial impact label: High
Proposed
The government has proposed an increase in tax credits for low-income families to alleviate financial burdens and support economic recovery.
Editorial impact label: High
Status requires verification
The standard deduction for individual taxpayers will increase to $15,000 for single filers and $30,000 for married couples filing jointly, aimed at reducing the tax burden on middle-income families.
Editorial impact label: High
Status requires verification
Implementation of a new digital services tax aimed at multinational tech companies generating significant revenue from local markets without adequate taxation.
Editorial impact label: High
Proposed
Reduction of the capital gains tax discount from 50% to 40% for properties held longer than 12 months, aimed at stabilizing the housing market.
Editorial impact label: Medium
Proposed
A new set of tax incentives aimed at promoting investments in renewable energy projects across Australia, including tax credits and accelerated depreciation.
Editorial impact label: High
Proposed
A new tax policy has been proposed to increase the tax rate for individuals earning over $250,000 annually from 33% to 35%. This policy aims to address income inequality and fund social programs.
Editorial impact label: High
Status requires verification
The Child Tax Credit has been expanded to provide increased financial support to families, with higher income thresholds and increased credit amounts for qualifying children.
Editorial impact label: High
Status requires verification
Under the OBBB, the reporting threshold for Form 1099-K reverts retroactively to $20,000 in gross payments and 200 transactions (from lower limits established under the American Rescue Plan Act), reducing reporting burdens for many small sellers and third-party settlement organizations; effective for transactions in 2025 and beyond.
Editorial impact label: Medium
Status requires verification
The OECD’s Tax Policy Reforms 2026 report, released 8 September 2026, summarises reforms introduced in 2025 across 92 jurisdictions. Key changes include progressive personal income tax reforms (including higher top rates and capital income changes), targeted corporate income tax (CIT) rate increases and temporary sector surcharges, VAT reforms extending to non-resident digital suppliers and online platforms, and increased use of environmental and health-related taxes.
Editorial impact label: High
Status requires verification
The IRS published Fact Sheet 2025-08 clarifying that the Form 1099-K reporting threshold under the One, Big, Beautiful Bill reverts to **$20,000** in gross payments AND **200** transactions for 2025, restoring more stringent reporting requirements for platforms and payees.
Editorial impact label: High