United States Tax News

US IRS articulates five-factor test in determining income inclusion of reimbursement payments

31 August 2021

USTR Holds Discussions with Turkey Including on Removal of Digital Services Tax

30 August 2021

U.S. IRS Publishes Written Determination on Foreign Tax Credits

30 August 2021

U.S. Publishes Joint Statements with France and Germany on the Spontaneous Exchange of CbC Reports

30 August 2021

US: Discussion draft released by Senators Wyden, Brown, Warner proposes significant changes to current international tax rules

30 August 2021

U.S. IRS Publishes Practice Unit on Transfers of Property to Partnerships with a Related Foreign Partner

27 August 2021

U.S. Senators Unveil Draft Legislation to Overhaul International Taxation

27 August 2021

US IRS extends applicability date for withholding on certain transfers and distributions related to publicly traded partnership interests to 1 January 2023

27 August 2021

U.S. Treasury and IRS Deferring Certain Withholding Provisions for Disposals of Partnerships Engaged in U.S. Business

26 August 2021

U.S. IRS Publishes Practice Unit on Accuracy-Related Penalty on Understatements with Respect to Reportable Transactions

26 August 2021

US Senators detail international tax framework

25 August 2021

U.S. Congressional Research Service Publishes Report on Tax Treatment of Gig Economy Workers

23 August 2021

FATCA Agreement between Macau and the U.S. has Entered into Force

23 August 2021

US: Amgen intends to challenge $3.6b tax deficiency

23 August 2021

Hong Kong Inland Revenue Responds to Questions on Termination of Shipping Agreement with the U.S.

20 August 2021

Ukraine Clarifies Treaty Benefits for Royalties Paid to a Person Other than the Actual Beneficial Owner

20 August 2021

US: Senate-passed infrastructure bill would impose information-reporting requirements on sales of cryptocurrency and other digital assets

20 August 2021

U.S. IRS Warns Tax Pros to Watch for Tell-Tale Signs of Identity Theft

19 August 2021

U.S. IRS Formally Announces Competent Authority Arrangements with the UK Regarding Application of 2001 Tax Treaty

17 August 2021

Germany Publishes Joint Statement on the Spontaneous Exchange of CbC Reports with the U.S. for 2020

16 August 2021

US: Wyden bill would change tax treatment of financial derivative transactions

13 August 2021

U.S. Senators Wyden and Whitehouse Introduce Legislation to Close the Carried Interest Loophole

12 August 2021

U.S. IRS Announces Relief for Certain Employers Claiming the Work Opportunity Tax Credit

12 August 2021

PE Watch: Latest developments and trends, August 2021

12 August 2021

U.S. IRS Announces Gross Receipts Safe Harbor for Employers Claiming the Employee Retention Credit

11 August 2021

U.S. Senator Wyden Introduces Legislation to Counter the Avoidance of Tax by Using Derivative Contracts

11 August 2021

U.S. IRS Requests Comments on Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund

10 August 2021

U.S. IRS Publishes Practice Unit on Penalty for Failure to Include Reportable Transaction Information with Return.

9 August 2021

OECD Announces New Outcomes on Review of Preferential Tax Regimes under BEPS Action 5

6 August 2021

U.S. IRS Announces Additional Guidance for Employers Claiming the Employee Retention Credit

5 August 2021