United States Tax News
U.S. Inflation Reduction Act of 2022 Signed into Law Including New Corporate Alternative Minimum Tax
US Inflation Reduction Act includes 15% corporate minimum tax on book income
U.S. House of Representatives Approves Inflation Reduction Act
U.S. Senator Wyden Announces Taxing Big Oil Profiteers Act Including 21% Tax on Excess Profits
US House clears Inflation Reduction Act for President Biden's signature
U.S. Congressional Research Service Publishes Tax Provisions in the Inflation Reduction Act Including the Excise Tax on Corporate Stock Repurchases
U.S. CHIPS Act Signed into Law Including Advanced Manufacturing Investment Credit
U.S. IRS Updates Frequently Asked Questions (FAQs) About International Individual Tax Matters
US IRS concludes that termination fees in failed merger were capital losses
U.S. Congressional Research Service Publishes Report on Proposed Corporate Minimum Tax
US | Technical corrections to foreign tax credit regulations offer relief from cost recovery rules and include other impactful changes
U.S. IRS and Treasury Issue Corrections to Regulations Providing Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income
New Corporate Minimum Tax to be Approved as Part of Inflation Reduction Act of 2022
U.S. Senate Approves CHIPS and Science Act of 2022 Including 25% Investment Tax Credit for Semiconductor Manufacturing
U.S. IRS Practice Unit on Allowance of Deductions and Credits on Delinquent Corporate Tax Returns
U.S. Senators Introduce Resolution for Tax Agreement with Taiwan
U.S. House Republicans Note Meeting with Hungarian Delegation on Opposition to Global Minimum Tax
IRS Collection Procedures for Assets Located Outside the United States
U.S. Senator Warren Introduces Bill to Simply Tax Filing
G20 Finance Ministers and Central Bank Governors Reaffirm Commitment to Two-Pillar International Tax Package
Ecuador Approves Pending TIEA with the U.S.
U.S. Treasury Confirms Termination of 1979 Tax Treaty with Hungary
U.S. Congressional Research Service Publishes Report on Pillar 2 Global Minimum Tax
US proposed regulations would limit Section 1256 mark-to-market accounting for foreign currency contracts to foreign currency forward contracts
Italian Court of Cassation holds domestic regime is applicable on distributions to nonresident mutual funds
Pennsylvania Cutting Corporate Net Income Tax Rate and Introducing New Nexus Rules
Hungary Confirms Termination of 1979 Tax Treaty with the U.S.
U.S. Senator Wyden Releases Interim Report on Investigation into Big Pharma Tax Practices
U.S. Terminating Tax Treaty with Hungary Over Global Minimum Tax
U.S. Bill Would Double R&D Tax Credit
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