We are happy to announce the availability of Magento Preview Version 126.96.36.199-alpha1 for download.
As this is a preview version it is NOT recommended in any way to be used in a production environment (more information about preview releases and the new community edition release process can be found in this blog post). This release is NOT available for upgrade through Magento Connect Manager and is only available on our download page and via SVN.
The biggest feature added in this release is the rewrite of the tax module to better work with EU/VAT taxation. To see a full list of features and fixed issues please visit our release notes page. Diff files are available here.
Please report all issues with this release in the bug tracker.