United States Tax News

India and the U.S. Note Ongoing SSA Negotiations

30 November 2021

U.S. Bill Simplifies Return Requirements and Expands Foreign Earned Income Exclusion for Taxpayers Living Abroad

29 November 2021

U.S. and India Reach Compromise on India's Equalization Levy

29 November 2021

U.S. and Turkey Reach Compromise on Digital Services Tax

24 November 2021

U.S. Interest Rates on Overpaid and Underpaid Tax Unchanged for Q1 2022

24 November 2021

North Carolina Phasing Out Corporate Tax Starting in 2025

23 November 2021

Build Back Better Act Moving on to U.S. Senate Following House Approval

22 November 2021

U.S. Congressional Research Service Publishes Updated Report on Trends and Proposals for Corporate Tax Revenue

19 November 2021

U.S. IRS Provides Guidance on Per Diem Rates and the Temporary 100% Deduction for Food or Beverages from Restaurants

17 November 2021

U.S. IRS Updates FAQs for 2020 Unemployment Compensation Exclusion

15 November 2021

U.S. IRS and Treasury Consulting on Collection of Information for Advance Pricing Agreement and Mutual Agreement Program

12 November 2021

U.S. IRS Provides Tax Inflation Adjustments for Tax Year 2022

12 November 2021

U.S. IRS and Treasury Consulting on Collection of Information Requirements for Passive Foreign Investment Company (PFIC) Purging Elections

11 November 2021

U.S. Senators Urge Treasury Secretary to Implement Beneficial Ownership Requirements

10 November 2021

US: Latest version of Build Back Better proposal would modify international tax proposals in House Ways and Means bill

10 November 2021

U.S. Congressional Research Service Publishes Report on Proposed Excise Tax on Stock Repurchases

9 November 2021

U.S. IRS Publishes Competent Authority Arrangement with Finland Regarding NAFTA and the USMCA

8 November 2021

U.S. IRS Publishes Practice Unit on Expense Allocation/Apportionment in Calculation of the IRC 904 FTC Limitation

8 November 2021

Netherlands to Negotiate Revisions to SSAs with Canada, Chile, Egypt, Japan, New Zealand, Philippines, Serbia, Turkey, and the U.S.

5 November 2021

IRS Releases Chief Counsel Memorandum on Extended Statute of Limitations for Omitted Subpart F Income

4 November 2021

OECD Welcomes G20 Leaders' Joint Declaration Including Call for Implementing Two-Pillar Solution for Global Tax Reform Effective 2023

3 November 2021

U.S. IRS Publishes Practice Unit on Examining Education Expenses Claimed by Nonresident Alien Individual Employees

3 November 2021

US: Latest Build Back Better proposal includes 15% corporate minimum tax on book income

2 November 2021

U.S. Trade Representative Announces Arrangement for Resumption of Duty-Free Imports of European Steel and Aluminum

2 November 2021

FIRST IMPRESSIONS | Rules Committee releases modified "Build Back Better Act" international tax proposals

2 November 2021

U.S. House Committee on Rules Publishes Revised Build Back Better Act and Section-by-Section Summary

1 November 2021

Biden Administration Announces Revised Framework for the Build Back Better Act

29 October 2021

U.S. Senator Wyden Announces Updated Version of Billionaires Income Tax

28 October 2021

U.S. Senators Announce Proposal for a New Corporate Profits Minimum Tax on Companies Reporting Over USD 1 Billion in Profits

28 October 2021

US IRS revises Forms W-8ECI, W-8BEN-E, W-8BEN

27 October 2021