Key Tax and Business Information for 160 Countries in One Comprehensive Resource We are pleased to offer you complimentary access to our Worldwide Tax Guide 2026/27, providing you with key information about the tax regimes in 160 countries around the world. Over 270 local tax specialists from PKF member firms across the globe have contributed their knowledge and insight to this guide. Designed for clients who already conduct business globally or are now looking to expand, the guide gives you a first...

The deadline for European Union member states to implement new pay transparency rules was June 7, 2026, but not all of them have completed the process yet. Quick Hits To date, only five countries in the EU have fully implemented the rules outlined in the EU’s pay transparency directive. The remaining EU countries are working toward implementing the directive, but have not done so yet, although the deadline for implementation has passed. The deadline for member states to transpose EU Pay Transparency...

Spain continues to attract people from around the world, whether they are relocating for work, retirement, study, entrepreneurship, or family reunification. According to Spain’s National Statistics Institute (INE), the number of foreign nationals increased by 94,182 during the first quarter of 2026, bringing the total foreign population to 7.35 million residents. As immigration pathways evolve and application volumes remain high, one requirement has remained constant: the need for accurate, officially recognized document translations. One of the most significant trends we are...

The Tecfidera case and provisional pharma reform agreement put regulatory exclusivity and patent protection in focus At a glance The EU General Court annulled a Commission decision granting Biogen extra market protection for Tecfidera, confirming that regulatory deadlines allow for no discretion. The decision echoes the "Pharma Package" reform reshaping the regulatory exclusivity framework and broadening the Bolar exemptions. Three years on, the UPC leads on life science preliminary injunction disputes, with evolving case law on "imminent infringement". The European lifecycle...

Artificial intelligence (AI) is everywhere these days – and not just in equity markets. The fiscal consequences of AI are a completely neglected dimension so far. Artificial intelligence (AI) is everywhere these days – and not just in equity markets. Most recently, an OpenAI application caused a stir by hacking its way into another company’s system on its own. The lack of control raises uncomfortable questions and inevitably calls to mind HAL 9000, the computer in Stanley Kubrick’s film “2001: A...

After approximately one day of deliberations, a federal jury in Oregon found Nike liable for more than $15 million in damages for violating federal and state anti-discrimination laws, finding Nike paid former employee, Heather Hender, less than similarly situated male colleagues and promoted her more slowly because of her gender. The jury ruled in favor of the plaintiff on all of her claims, including violations of the Federal Equal Pay Act (“EPA”), 29 U.S.C. § 206(d), the Oregon Equal Pay...

Local governments often lead on workplace issues like paid sick leave, discrimination, and pay equity. But, how and whether cities and counties can – or even should – legislate the workplace varies across the country, with recent developments highlighting the struggle for supremacy between state and local officials. In Nebraska, after the state revised minimum wage standards established by voters, in May 2026 the city of Lincoln enacted a minimum wage ordinance that uses the standard voters had approved – annual...