United States Tax News
U.S. 2020-2021 Priority Guidance Plan Issued
U.S. Tax Court Sustains IRS's Transfer Pricing Reallocations Under Comparable Profits Method
US and Mexico renew competent authority agreement on unilateral APAs for maquiladoras
U.S. IRS Announce Renewal of Competent Authority Agreement on Maquiladoras
UK proposes to amend hybrid and other mismatches regime – implications for US multinationals
U.S. IRS and Treasury Issue Corrections to Regulations on Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income
U.S. IRS and Treasury Issue Final and Temporary Regulations and Proposed Regulations on Foreign Tax Credits
The EU Puts Countermeasures in Place Against U.S. Exports
U.S. IRS Releases Guidance Regarding Deductibility of Payments by Partnerships and S Corporations for State and Local Income Taxes
U.S. IRS and Treasury Consulting on Forms Used by Business Entity Taxpayers
Tax Treaty between Croatia and the U.S. Under Negotiation
U.S. IRS and Treasury Issue Final and Temporary Regulations on Gain or Loss of Foreign Persons from Sale or Exchange of Partnerships
US: Proposed regulations would revamp creditability rules for foreign income taxes
Joint Statement between the U.S. and France Published on the Spontaneous Exchange of CbC Reports for 2019
U.S. Signs CbC Exchange Agreement with Germany
U.S. IRS and Treasury Issue Corrections to Regulations on Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income
US IRS announces plans to limit the use of “telescoping” in APA and MAP cases
Digital Companies Continue to Pass on Cost of Taxes on Digital Services to Consumers
U.S. IRS and Treasury Issue Corrections to Regulations on Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income
U.S. IRS and Treasury Final Regulations on Consolidated Net Operating Losses Published
U.S. IRS Provides Tax Inflation Adjustments for Tax Year 2021
European Commission Announces Green Light for EU to Impose Duties on U.S. Imports
US IRS concludes anti-abuse rule under Section 704(c) triggered in asset contribution to foreign partnership
US: Final regulations under Section 1446(f) set forth rules on withholding on transfers of partnership interests
U.S. IRS Issues Announcement on Termination of Shipping Agreement with Hong Kong
Spanish Supreme Court confirms case law on limits to dynamic interpretation of tax treaties
US IRS confirms that some modifications to debt instruments and other contracts to reflect LIBOR discontinuation will not result in a deemed taxable exchange
US: Calendar year 2019 FBARs extended to 31 October
U.S. IRS Issues Revenue Procedure on Transition from LIBOR and IBOR to Alternative Reference Rates
US: Additional final regulations provide foreign tax credit guidance
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