President Trump on Wednesday unveiled his tax plan, proposing steep reductions in both individual and corporate income tax rates as well as a move to a territorial tax . . .
The US Treasury Department has today updated its FATCA website, reporting that Saudi Arabia has signed a Model 1 intergovernmental agreement (IGA) with . . .
The Isle of Man government has announced this week that it has signed a tax . . .
Jennifer Molnar has rejoined Baker & McKenzie as a partner in the firm’s Washington, DC office. Molnar advises on tax planning for international acquisitions . . .
The US IRS on June 23 issued corrections to final and temporary regulations (TD 9761) published April 8 dealing with inversions . . .
Panama was among five countries that this week pledged to share financial account information automatically with other countries, the OECD . . .
The Bahamas, US Virgin Islands, and Saint Kitts and Nevis will be added to the EU’s blacklist of non-cooperative third-country tax havens on March 13 during an EU finance ministers meeting, Reuters has reported, citing a leaked EU document dated March 8. This latest leak follows a widely-reported earlier leak that . . .
US Treasury has identified eight tax regulations — including the section 385 debt-equity regulations, the section 367 regulations affecting foreign goodwill and going concern value, and the section 987 foreign currency regulations — as qualifying for revision under President Trump’s executive order mandating a reduction in . . .
The US Treasury Department has updated its FATCA website, reporting that a Model 1 intergovernmental. . .
The British Virgin Islands will join the OECD/G20 Inclusive Framework, pledging to adopt and work toward the implementation of the minimum international tax standards in the OECD/G20 Base Erosion Profit Shifting . . .
The Isle of Man government announced this week that three tax information exchange agreements signed with other nations. . .
A group of 18 former US Treasury Department officials today sent a letter to Treasury Secretary Jacob J. Lew, urging the government to reconsider recently issued tax regulations aimed at stopping US companies . . .
Copyright © 2021. DISCLAIMER: The information provided herein is general and may not be applicable in all situations. It should not be acted upon without legal advice accounting for a particular situation.
