United States Tax News
Maryland Enacts Digital Advertising Tax
U.S. Treasury Publishes Readout on Secretary Yellen's Call with European Commission Executive Vice-President Dombrovskis
UK Chancellor of the Exchequer Notes Solution to the Tax Challenges of the Digital Economy as a Key Priority During G7 Finance Ministers Meeting
US IRS's Advance Pricing and Mutual Agreement Program continues case closures despite COVID restrictions
EY Global Tax Controversy Flash Newsletter (Issue 31) | Why companies should prepare for transfer pricing controversy
U.S. IRS Releases Practice Unit on LIFO Records
German Ministry of Finance finalizes guidance on German extraterritorial taxation of intellectual property
Argentina and US agree to exchange Country-by-Country reports on large multinationals
US Treasury to consider reviving expired transfer pricing aggregation regulations
Update - U.S. IRS Publishes CbC Exchange Arrangement Signed with Argentina
India Income Tax Appellate Tribunal Holds Payments for Cloud Hosting Services Not Taxable as Royalties Under Tax Treaty with the U.S.
U.S. Joint Committee on Taxation Publishes List of Expiring Federal Tax Provisions 2021 to 2029
IRS Issues Updated Guidance on Paid Sick and Family Leave Credits and Disaster Relief Contributions
U.S. Signs CbC Exchange Arrangement with Argentina
U.S. IRS Issues Guidance on Extended Employee Retention Credit for COVID-19
U.S. Senators Reintroduce Legislation Targeting Tax Havens, Offshoring, and Outsourcing
US IRS allows remote signing and submission of Forms 2848 and 8821
U.S. Tax Court Holds Foreign Corporations May Lose Right to Deductions for Failing to File Return before IRS Prepares Substitute Return
US: Updated 2020 Section 1256 qualified board or exchange list
Updated US list of foreign currency futures contracts – starting point for Section 1256
U.S. IRS Issues Notice on Payments of Deferred Social Security Taxes
Spanish Supreme Court issues favorable decision on reclaims by non-Spanish pension funds
India Income Tax Appellate Tribunal Issues decision on Foreign Tax Credits Under Tax Treaties with Germany, Japan, South Korea, and the United States
Update - U.S. Final Regulations Published on Additional Guidance Regarding Limitation on Deduction for Business Interest Expense
U.S. Treasury Secretary Nominee Yellen Speaks on Raising Corporate Tax Rates and OECD Negotiations
U.S. IRS and Treasury Issue Final Regulations on Taxable Year of Income Inclusion Under an Accrual Method of Accounting and Advance Payments
U.S. OASDI and SSI Program Rates & Limits for 2021 Published
U.S. Trade Representative Finds Austrian, Spanish, and UK DSTs to be Discriminatory
U.S. IRS and Treasury Issue Final Regulations on Guidance on Passive Foreign Investment Companies
EY Global Tax Controversy Flash Newsletter (Issue 30) | Why companies should build the tax controversy department of the future, today
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