United States Tax News

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U.S. Chamber of Commerce Urges Canada to Reconsider Support for Extension of Standstill Agreement on Digital Services Taxes

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Final U.S. Regulations Issued on Carryback of Consolidated Net Operating Losses

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Discussion Draft of Bill Providing Relief for U.S. and Taiwanese Workers and Businesses from Double Taxation Based on Model Tax Treaty

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Senate Finance Committee Leaders Seek Input on Taxation of Digital Assets

EY

OECD releases IF Pillar One progress statement

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New Jersey Introduces Substantial Nexus Rules for Corporation Business Tax Purposes and Adjusts Annual Tax Return Deadline

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U.S. IRS Practice Unit on Categorization of Income and Taxes into Proper Basket for Foreign Tax Credits

EY

US QUEST report estimates widespread Pillar Two adoption outside the United States would result in an 18% increase in US multinationals' corporate tax liability, fewer jobs and less investment

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U.S. CRS Report on Energy Tax Credits and the Global Minimum Tax

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U.S. Regulations Provide Additional Guidance on Transition from Interbank Offer Rates to Other Reference Rates with Respect to the Interest Rates of a Foreign Bank

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Dutch State Secretary for Finance Explains Certain Tax Treaty Issues

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U.S. Congressional Research Service Publishes Updated Report on Pillar 2 Global Minimum Tax Including Revenue Impact

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U.S. IRS Practice Units on Interest Expense Limitations and Dividend Distributions with a Debt Issuance

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U.S. Supreme Court to Hear Constitutional Challenge to Mandatory Repatriation Tax

EY

U.S. Senate approval of U.S.- Chile tax treaty brings treaty closer to entering into force

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U.S. Senate Approves Tax Treaty with Chile in Final Vote

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U.S. Senate Ready for Final Vote on Tax Treaty with Chile

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U.S. Will Likely Lose Revenue as a Result of the Pillar 2 Global Minimum Tax

EY

Senate approves Chile tax treaty resolution

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Connecticut Extends Corporation Business Tax Surcharge

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IRS Releases Guidance on Elective Payments and Transfers of Certain Credits Under the Inflation Reduction Act

EY

EY Global Tax Controversy Flash Newsletter (Issue 59) | US IRS implements pre-screening process for taxpayers seeking APAs

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IRS and Treasury Issue Guidance for Advanced Manufacturing Investment Credit

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Biden Administration Ends OIRA Review of Tax Regulations

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U.S. Treasury Department Announces Framework to Promote Fair and Effective Compliance

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House Ways and Means Committee Chairman Introduces Legislation to Cut Taxes for Working Families, Grow Main Street Businesses, and Protect American Innovation & Competitiveness

EY

Global Tax Policy and Controversy Watch | June 2023 edition

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U.S. and UK Atlantic Declaration Includes Negotiation of Critical Minerals Agreement for Clean Vehicle Tax Credit

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U.S. Representative Introduce Resolution Urging Senate to Approved Pending Tax Treaty with Chile

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U.S. House Ways and Means Committee Members Urge Treasury Secretary Yellen to Hold Germany Accountable for Unfair Taxes on Intellectual Property

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