United States Tax News

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Google Passing on Cost of Digital Services Taxes in India and Italy

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U.S. Congressional Research Service Publishes Updated Report on Legal Challenges of 301 Tariffs on Goods from China

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U.S. IRS Releases Practice Unit Overview of IRC 987 and Branch Operations in a Foreign Currency

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Proposed U.S. Regulations on Electronic-Filing Requirements for Specified Returns and Other Documents

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Malaysia and U.S. Sign FATCA Agreement

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U.S. Senator Wyden Introduces Legislation to Amend Deduction for Pass-Through Entity Business Income

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U.S. Treasury List of International Boycott Countries Published

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U.S. Court of Appeals Upholds Lower Court Decision that Revoking Passports of Taxpayers with Significant Tax Debts is Constitutional

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U.S. Senator Announces Legislation to Establish a Border Carbon Adjustment

EY

US IRS memo addresses cost sharing agreements and inclusion of stock-based compensation costs

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U.S. IRS Publishes Memorandum on Section 482 Adjustments for Cost Sharing Agreements with Reverse Claw-Back Provisions

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ATO Issues Guidance Competent Authority Determinations in Relation to Tax Treaty Limitation on Benefits and Dual Resident Provisions

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Amazon Introducing Regulatory Advertising Fees to Cover Costs of DSTs

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EU General Court Rejects Nike's Appeal of Commission Decision to Investigate Tax Treatment in the Netherlands

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U.S. Congressional Research Service Publishes Report on International Tax Proposals Addressing Profit Shifting: Pillars 1 and 2

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U.S. IRS Releases Practice Unit on Deduction for Foreign-Derived Intangible Income (FDII)

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U.S. Senator Crapo and Representative Brady Send Letter Regarding Conditions for Congressional Support of Global Tax Deal

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G20 Finance Ministers Achieve Agreement on OECD Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy

EY

EY Global Tax Controversy Flash Newsletter (Issue 36) | Tax risk and controversy for the C-suite

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U.S. Treasury Publishes Transcript of Press Conference Following G20 Meeting

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U.S. IRS Releases Practice Unit on Computing Qualified Research Expenses

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U.S. IRS Notes Possible Further Extension for CbC Report Local Filing in Turkey

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Draft Bill Introduced in U.S. Congress to Provide Temporary Relief from BEAT

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U.S. IRS Releases Practice Unit on Foreign Tax Redeterminations

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U.S. IRS Extends Tax Relief for Employer Leave-Based Donation Programs for COVID-19

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U.S. IRS Releases Draft Instructions for Schedules K-2 and K-3 to Enhance Reporting of International Tax Matters by Pass-Through Entities

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U.S. IRS Announces "Dirty Dozen" Tax Scams for 2021

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IRS Launches Compliance Campaign for Financial Service Entities Engaged in a U.S. Trade or Business.

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U.S. IRS Releases Data Book for Fiscal 2020 Describing Agency's Activities During Pandemic

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U.S. Congressional Research Service Publishes Report on Tax Issues for Corporate Expatriation, Inversions, and Mergers

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