United States Tax News

Treaty between Iceland and United States signed

4 November 2007

Fifth protocol to treaty between Canada and US – details

4 November 2007

Treasury Department and IRS issues final regulations eliminating country-by-country reporting by US RICs

1 October 2007

Treaty between Australia and US – ATO explains treaty shopping

1 October 2007

Indian Supreme Court decision on whether captive BPO activities give rise to PE and income attributable to PE on such activities

2 September 2007

New agreement on organizations eligible for benefits under Art. 35 of Netherlands-US treaty signed

2 September 2007

OECD releases revised draft of Part IV (Insurance) of the Report on Attribution of Profits to Permanent Establishments

2 September 2007

US

2 September 2007

Final regulations issued for determination of earnings and profits attributable to stock of CFCs

2 September 2007

Belgian abolition of fixed FTC incompatible with tax treaty between Belgium and US

29 July 2007

US Senate hearings on new treaty and protocol between Belgium and US

29 July 2007

German Lower Court

29 July 2007

US Senate hearings on protocol to treaty between Denmark and US

29 July 2007

Treasury Department reissues list of international boycott countries that result in restriction of US tax benefits

29 July 2007

US Senate hearings on protocol to treaty between Germany and US

29 July 2007

US Senate hearings on protocol to treaty between Finland and US

29 July 2007

Treasury Department released statement on attribution of profits under Authorized OECD Approach (AOA)

2 July 2007

Non-discrimination and group income elections

2 July 2007

US court orders IRS summons enforced under US-Mexico income tax treaty

2 July 2007

Treaty between Belgium and US ratified

18 June 2007

Italian tax authorities interpret application of Art. 15 of EU-Swiss Agreement

18 June 2007

Treaty between Australia and United States – US tax debts not enforceable in

18 June 2007

Discussion draft on application and interpretation of non-discrimination article of OECD Model – details

18 June 2007

Final regulations issued on US withholding exemption for portfolio interest received by foreign persons

28 May 2007

Revised Commentary on Article 7 of OECD Model released

28 May 2007

Tax treaty between Australia and United States – Australia's Federal Court rejects tax treaty override

28 May 2007

Proposed regulations issued to curb foreign tax credit abuses

28 May 2007

US

28 April 2007

IRS issues fact sheet on reporting requirements for foreign financial accounts

28 April 2007

Treaty between United States and Bulgaria signed

28 April 2007