United States Tax News
U.S. IRS Confirms Start of Tax Filing Season Despite Government Shutdown
U.S. Proposed Regulations Published on Certain Hybrid Arrangements Published
U.S. IRS Publishes Annual Revenue Procedures for 2019 on Letter Rulings, Information Letters, Determination Letters, and Related Matters
U.S. Joint Committee on Taxation Publishes Blue Book on Provisions of the Tax Cuts and Jobs Act
Draft Bill Introduced in U.S. House for Residency-Based Taxation of Individuals
IRS Issues Guidance on Section 179 Expenses and Section 168(g) Depreciation Under Tax Cuts and Jobs Act
IRS Issues Guidance on Changes to Excess Business and Net Operating Losses
U.S. Signs CbC Exchange Arrangements with France and Gibraltar; Provides Note on Local Filing in Bulgaria
U.S. IRS Announces Upcoming Regulations on Previously Taxed Earnings and Profits Accounts of Foreign Corporations
European Commission Publishes Non-Confidential Version of Decision that Luxembourg did Not Grant Illegal State Aid to McDonald's
U.S. IRS Issues Proposed Regulations on Base Erosion and Anti-Abuse Tax
Update - U.S. IRS Publishes Joint Statement on Spontaneous Exchange of CbC Reports with Germany
U.S. IRS Publishes Q&A on Tax Year 2018 Reporting and Payments Arising under Section 965
Argentina Clarifies No Local CbC Report Filing Requirement for Constituent Entities of US MNEs for 2017 Reporting Fiscal Year
Joint Statement between Germany and the U.S. Signed on the Spontaneous Exchange of CbC Reports for 2017
U.S. IRS Publishes Draft Instructions for Form 8990 on Interest Limitation and Form 965 on Transition Tax
Competent Authority Arrangements for the Exchange of CbC Reports between Hungary and the U.S. Signed
Draft Bill Introduced in U.S. Senate to Amend CFC/GILTI Rules
U.S. IRS Publishes Joint Statement with France on the Spontaneous Exchange of CbC Reports for 2017
US IRS Issues Revised Form 1118 Foreign Tax Credit – Corporations and Instructions
U.S. Interest Rates on Overpaid and Underpaid Tax Increased for Q1 2019
U.S. House Ways and Means Committee Chairman Applauds EU "Abandonment" of Tax Proposal on Digital Services
U.S. IRS Large Business and International Division Issues Directive on Amended Return/Claim for Refund Relating to Repealed Domestic Production Activity Deduction
G20 Declaration Published following Leader's Summit in Buenos Aires
New Trade Agreement between the U.S, Mexico, and Canada Signed
U.S. IRS Issues Proposed Regulations on Foreign Tax Credits
U.S. IRS Provides Infrastructure Safe Harbor for Electing Real Property Trade or Business Exemption for Interest Deduction Limitation
U.S. IRS Issues Proposed Regulations for New Limitation on Deduction of Business Interest Expense
Update – CbC Exchange Agreement between Hungary and the U.S.
U.S. Internal Revenue Service Advisory Council Issues 2018 IRSAC Public Report
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