United States Tax News

U.S. IRS Clarifies Paid Leave Credit Available for Providing Leave to Employees Caring for Individuals Obtaining or Recovering from a COVID-19 Immunization

3 August 2021

U.S. Senators Mendez and Wicker Reintroduce Legislation Providing Tax Credit for Investments Made by U.S. Businesses in U.S. Territories

2 August 2021

U.S. House Republicans Urge Treasury Secretary Yellen to Maintain FDII Deduction

30 July 2021

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

30 July 2021

Google Passing on Cost of Digital Services Taxes in India and Italy

29 July 2021

U.S. Congressional Research Service Publishes Updated Report on Legal Challenges of 301 Tariffs on Goods from China

29 July 2021

U.S. IRS Releases Practice Unit Overview of IRC 987 and Branch Operations in a Foreign Currency

28 July 2021

Proposed U.S. Regulations on Electronic-Filing Requirements for Specified Returns and Other Documents

28 July 2021

U.S. Treasury List of International Boycott Countries Published

27 July 2021

U.S. Senator Wyden Introduces Legislation to Amend Deduction for Pass-Through Entity Business Income

27 July 2021

Malaysia and U.S. Sign FATCA Agreement

27 July 2021

U.S. Court of Appeals Upholds Lower Court Decision that Revoking Passports of Taxpayers with Significant Tax Debts is Constitutional

23 July 2021

U.S. Senator Announces Legislation to Establish a Border Carbon Adjustment

22 July 2021

U.S. IRS Publishes Memorandum on Section 482 Adjustments for Cost Sharing Agreements with Reverse Claw-Back Provisions

21 July 2021

US IRS memo addresses cost sharing agreements and inclusion of stock-based compensation costs

21 July 2021

Amazon Introducing Regulatory Advertising Fees to Cover Costs of DSTs

19 July 2021

ATO Issues Guidance Competent Authority Determinations in Relation to Tax Treaty Limitation on Benefits and Dual Resident Provisions

19 July 2021

U.S. Congressional Research Service Publishes Report on International Tax Proposals Addressing Profit Shifting: Pillars 1 and 2

16 July 2021

EU General Court Rejects Nike's Appeal of Commission Decision to Investigate Tax Treatment in the Netherlands

16 July 2021

U.S. Senator Crapo and Representative Brady Send Letter Regarding Conditions for Congressional Support of Global Tax Deal

13 July 2021

U.S. IRS Releases Practice Unit on Deduction for Foreign-Derived Intangible Income (FDII)

13 July 2021

G20 Finance Ministers Achieve Agreement on OECD Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy

12 July 2021

U.S. Treasury Publishes Transcript of Press Conference Following G20 Meeting

12 July 2021

EY Global Tax Controversy Flash Newsletter (Issue 36) | Tax risk and controversy for the C-suite

12 July 2021

U.S. IRS Notes Possible Further Extension for CbC Report Local Filing in Turkey

8 July 2021

U.S. IRS Releases Practice Unit on Computing Qualified Research Expenses

8 July 2021

Draft Bill Introduced in U.S. Congress to Provide Temporary Relief from BEAT

6 July 2021

U.S. IRS Releases Practice Unit on Foreign Tax Redeterminations

6 July 2021

U.S. IRS Releases Draft Instructions for Schedules K-2 and K-3 to Enhance Reporting of International Tax Matters by Pass-Through Entities

2 July 2021

U.S. IRS Extends Tax Relief for Employer Leave-Based Donation Programs for COVID-19

2 July 2021