United States Tax News

Protocol to treaty between US and Canada transmitted to US Senate for consent to ratify

15 April 2008

US

16 March 2008

Protocol to treaty between Bulgaria and US signed

16 March 2008

IRS publishes Chief Counsel Advice on reasonable cause requests with respect to dual consolidated losses

16 March 2008

Indian decision on taxability of payments made to US credit rating agency

16 March 2008

Treaty between India and the United States – Indian decision on existence of PE re computerized reservation system

8 February 2008

Treaty between Russia and United States – Russian Ministry of Finance clarifies application of treaty re deduction of certain expenses incurred for purposes of PE

8 February 2008

OECD released discussion draft on transactional profit methods

8 February 2008

IRS issues updated procedures for private letter rulings and other guidance from IRS National Office

8 February 2008

Treaty between United States and Belgium enters into force

8 February 2008

Protocol to treaty between United States and Denmark enters into force

8 February 2008

Tax Executives Institute submits comments to US Treasury Department on new US-Canada protocol

8 February 2008

Protocol to treaty between United States and Finland enters into force

8 February 2008

The new protocol to the income tax treaty between the United States and Germany, signed on 1 June 2006, entered into force on 28 December 2007. The announcement was made in Treasury Department release hp-753 dated 2 January 2008. The new protocol applies from 1 January 2007 for withholding taxes, from 1 January 2008 for other taxes, and in respect of taxes on capital on items owned on or after 1 January 2008.

8 February 2008

Treaty between India and the United States – Indian Revenue clarifies availability of dispute settlement benefits in

16 January 2008

Treaty between United States and Belgium ratified

16 January 2008

Protocol to treaty between United States and Germany ratified

16 January 2008

Canada completes steps required to give effect to the fifth protocol to the Canada-US income tax treaty

16 January 2008

Protocol to treaty between United States and Denmark ratified by US Senate

16 January 2008

Treaty between United States and Mexico – IRS to evaluate whether Mexican impuesto empresarial a tasa única qualifies for US tax credit

16 January 2008

Protocol to treaty between United States and Finland ratified by US Senate

16 January 2008

US Treasury Department releases report on study of US tax treaties

16 January 2008

Protocol to treaty between United States and Denmark approved

3 December 2007

IRS makes revisions in proposed FTC regulations

3 December 2007

IRS releases text of US-UK mutual agreement on definition of "first notification" under US-UK income tax treaty

3 December 2007

Treaty between United States and Belgium approved

3 December 2007

Regulations to Netherlands-US tax treaty published in the Netherlands (withholding tax reduction or refund)

3 December 2007

Treaty between Iceland and United States – details

3 December 2007

Protocol to treaty between United States and Germany approved

3 December 2007

Protocol to treaty between United States and Finland approved

3 December 2007