United States Tax News
USTR Holds Discussions with Turkey Including on Removal of Digital Services Tax
U.S. Senators Unveil Draft Legislation to Overhaul International Taxation
U.S. IRS Publishes Practice Unit on Transfers of Property to Partnerships with a Related Foreign Partner
US IRS extends applicability date for withholding on certain transfers and distributions related to publicly traded partnership interests to 1 January 2023
U.S. IRS Publishes Practice Unit on Accuracy-Related Penalty on Understatements with Respect to Reportable Transactions
U.S. Treasury and IRS Deferring Certain Withholding Provisions for Disposals of Partnerships Engaged in U.S. Business
US Senators detail international tax framework
US: Amgen intends to challenge $3.6b tax deficiency
FATCA Agreement between Macau and the U.S. has Entered into Force
U.S. Congressional Research Service Publishes Report on Tax Treatment of Gig Economy Workers
Hong Kong Inland Revenue Responds to Questions on Termination of Shipping Agreement with the U.S.
US: Senate-passed infrastructure bill would impose information-reporting requirements on sales of cryptocurrency and other digital assets
Ukraine Clarifies Treaty Benefits for Royalties Paid to a Person Other than the Actual Beneficial Owner
U.S. IRS Warns Tax Pros to Watch for Tell-Tale Signs of Identity Theft
U.S. IRS Formally Announces Competent Authority Arrangements with the UK Regarding Application of 2001 Tax Treaty
Germany Publishes Joint Statement on the Spontaneous Exchange of CbC Reports with the U.S. for 2020
US: Wyden bill would change tax treatment of financial derivative transactions
U.S. IRS Announces Relief for Certain Employers Claiming the Work Opportunity Tax Credit
PE Watch: Latest developments and trends, August 2021
U.S. Senators Wyden and Whitehouse Introduce Legislation to Close the Carried Interest Loophole
U.S. Senator Wyden Introduces Legislation to Counter the Avoidance of Tax by Using Derivative Contracts
U.S. IRS Announces Gross Receipts Safe Harbor for Employers Claiming the Employee Retention Credit
U.S. IRS Requests Comments on Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund
U.S. IRS Publishes Practice Unit on Penalty for Failure to Include Reportable Transaction Information with Return.
OECD Announces New Outcomes on Review of Preferential Tax Regimes under BEPS Action 5
U.S. IRS Announces Additional Guidance for Employers Claiming the Employee Retention Credit
U.S. IRS Clarifies Paid Leave Credit Available for Providing Leave to Employees Caring for Individuals Obtaining or Recovering from a COVID-19 Immunization
U.S. Senators Mendez and Wicker Reintroduce Legislation Providing Tax Credit for Investments Made by U.S. Businesses in U.S. Territories
U.S. House Republicans Urge Treasury Secretary Yellen to Maintain FDII Deduction
U.S. IRS Publishes Competent Authority Arrangements with the UK Regarding Application of 2001 Tax Treaty
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