United States Tax News

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

1 March 2021

U.S. IRS Issues Guidance on Reporting Gig Economy Income

23 February 2021

U.S. IRS Releases Practice Unit on Interest Capitalization for Self-Constructed Assets

23 February 2021

Maryland Enacts Digital Advertising Tax

22 February 2021

G7 Leaders Statement Notes Goal to Reach a Consensus-Based Solution on International Taxation by Mid-2021

22 February 2021

U.S. Treasury Publishes Readout on Secretary Yellen's Call with European Commission Executive Vice-President Dombrovskis

19 February 2021

US IRS's Advance Pricing and Mutual Agreement Program continues case closures despite COVID restrictions

16 February 2021

EY Global Tax Controversy Flash Newsletter (Issue 31) | Why companies should prepare for transfer pricing controversy

16 February 2021

UK Chancellor of the Exchequer Notes Solution to the Tax Challenges of the Digital Economy as a Key Priority During G7 Finance Ministers Meeting

16 February 2021

U.S. IRS Releases Practice Unit on LIFO Records

12 February 2021

German Ministry of Finance finalizes guidance on German extraterritorial taxation of intellectual property

11 February 2021

Argentina and US agree to exchange Country-by-Country reports on large multinationals

9 February 2021

US Treasury to consider reviving expired transfer pricing aggregation regulations

8 February 2021

Update - U.S. IRS Publishes CbC Exchange Arrangement Signed with Argentina

5 February 2021

India Income Tax Appellate Tribunal Holds Payments for Cloud Hosting Services Not Taxable as Royalties Under Tax Treaty with the U.S.

4 February 2021

U.S. Joint Committee on Taxation Publishes List of Expiring Federal Tax Provisions 2021 to 2029

3 February 2021

IRS Issues Updated Guidance on Paid Sick and Family Leave Credits and Disaster Relief Contributions

2 February 2021

U.S. Signs CbC Exchange Arrangement with Argentina

29 January 2021

U.S. IRS Issues Guidance on Extended Employee Retention Credit for COVID-19

29 January 2021

U.S. Senators Reintroduce Legislation Targeting Tax Havens, Offshoring, and Outsourcing

28 January 2021

Updated US list of foreign currency futures contracts – starting point for Section 1256

27 January 2021

US: Updated 2020 Section 1256 qualified board or exchange list

27 January 2021

US IRS allows remote signing and submission of Forms 2848 and 8821

27 January 2021

U.S. Tax Court Holds Foreign Corporations May Lose Right to Deductions for Failing to File Return before IRS Prepares Substitute Return

27 January 2021

Spanish Supreme Court issues favorable decision on reclaims by non-Spanish pension funds

26 January 2021

U.S. IRS Issues Notice on Payments of Deferred Social Security Taxes

26 January 2021

India Income Tax Appellate Tribunal Issues decision on Foreign Tax Credits Under Tax Treaties with Germany, Japan, South Korea, and the United States

25 January 2021

Update - U.S. Final Regulations Published on Additional Guidance Regarding Limitation on Deduction for Business Interest Expense

22 January 2021

U.S. Treasury Secretary Nominee Yellen Speaks on Raising Corporate Tax Rates and OECD Negotiations

21 January 2021

U.S. OASDI and SSI Program Rates & Limits for 2021 Published

20 January 2021