United States Tax News
PE Watch: Latest developments and trends | May 2020
U.S. IRS Announces Modifications to Procedures for Filing MAP and APA Requests
U.S. IRS Releases Practice Units on Foreign Currency Gain or Loss, Exchange Rates, Accounting Method Changes, and Foreign Earned Income Exclusion Adjustments
U.S. IRS Issues Reminder on New Credits Available for Businesses Hit by COVID-19
U.S. IRS Issues Guidance That Certain Activities in a Foreign Country Will Not Give Rise to a Foreign Branch in Light of COVID-19 Travel Disruptions
U.S. and UK Launch Free Trade Agreement Negotiations
U.S. IRS and Treasury Issue Correcting Amendments to Regulations on Definitions and Reporting Requirements for Shareholders of PFICs
U.S. IRS Issues Notice on Non-Deductibility of Expenses in Relation to the Paycheck Protection Program and Covered Loans under the CARES Act
U.S. Bill Introduced to Remedy the Negative Impact of the GILTI rules on U.S. Territories
U.S. IRS Updates Filing and Payment Deadlines Questions and Answers
USMCA Entering into Force on 1 July 2020
U.S. IRS Releases Practice Units on Installment Method, Substantiation Requirements, and Foreign Currency Translation.
US IRS issues FAQs on interaction of NOL carrybacks and Section 965 inclusions
U.S. Joint Committee on Taxation Publishes Report on Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
U.S. IRS Posts FAQs on NOLs filed with Sec. 965 Inclusions
US IRS issues additional FAQs on faxing Form 1139 with NOL and AMT claims under CARES Act
U.S. Treasury and IRS Issue Cross-Border Tax Guidance Related to Travel Disruptions Arising from the COVID-19 Emergency
US IRS releases FAQs on transfer pricing documentation best practices
U.S. Final Regulations Regarding Certain Hybrid Arrangements and Proposed Regulations on Hybrid Arrangements and GILTI
U.S. IRS Large Business and International (LB&I) Division Postpones Certain Compliance Campaign Due to COVID-19
US: Consolidated return considerations of NOL carrybacks under CARES Act
US IRS announces taxpayers can temporarily fax Forms 1139 and 1045 to claim NOL carrybacks and AMT credits under CARES Act
G7 Officials Will Return to Priority Agenda Items Including Tax Challenges of Digitalization Once Immediate Impacts of COVID-19 Crisis Abate
U.S. IRS Unveils Online Application to Help with Economic Impact Payments
U.S. IRS Issues Transfer Pricing Documentation Frequently Asked Questions (FAQs)
U.S. IRS Issues Temporary Procedures to Claim Quick Refunds of the Credit for Prior Year Minimum Tax Liability of Corporations and NOL Deductions
U.S. IRS Releases Updated Practice Unit on Statute of Limitations on Assessment of Tax
US IRS gives relief to taxpayers making Section 163(j) elections
U.S. IRS Publishes IRB 2020-16 Including Notices on Deadline Relief and Employment Tax Credits for COVID-19 and Foreign Income Exclusion Eligibility Waiver
U.S. Treasury List of International Boycott Countries Published
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