Michael Bernard and Nancy Manzano of Vertex Inc. discuss today’s US Supreme Court’s decision in Wayfair, which overturned the 1992 Quill v. North Dakota ruling and changed the physical presence requirements for sales and use tax collection for online sellers, out-of-state merchants, and global companies selling to US-based customers . . .
Robert Stack, former deputy assistant secretary for international tax affairs at the US Treasury, has joined Deloitte, the firm announced June 20. Stack will join as a managing director of Deloitte in its . . .
JP Canavan discusses newly released draft instructions to US Form 8975, which include information on early country-by-country reporting for US-parented MNEs and on how to report ‘stateless’ constituent entities . . . . . .
US Treasury has announced on its website that a Model 1 FATCA intergovernmental agreement (IGA), a supplemental . . .
The US Treasury Inspector General (TIGA) on November 3 released a report outlining its recommendations on how to improve the IRS’s handling of transfer pricing issues. The report includes the . . .
US presidential candidate Donald Trump’s revamped tax plan, unveiled today, reiterates his earlier call for a deemed repatriation of all corporate profits held offshore at . . .
The Indian government has today announced that it has extended FATCA due diligence deadlines . . .
The US IRS today published in the Federal Register final anti-loss importation regulations, making mostly minor changes from tax proposed regulations . . .
David W. Powell and Kevin Walsh of the Groom Law Group analyze recently issued draft revisions to the OECD Model Tax Convention concerning the tax residence of pension funds, and compare the OECD provisions to those in the updated US model tax treaty. . . .
There appears to be no slow down in OECD activity even though work on the base erosion profit shifting (BEPS) deliverables is complete, Robert Stack, Treasury Deputy Assistant Secretary . . .
The OECD expects to soon release an important update to its Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations, tax officials said during a June 26 webinar. Officials also discussed the OECD’s coming release of a discussion draft . . .
See: The New York Times. For Professors Reuven S. Avi-Yonah and Kimberly A. Clausing’s critique of the plan, see: SSRN.
A FATCA intergovernmental agreement (IGA) between the US and Curaçao has entered into force, the US government . . .
The US Treasury Department updated its FATCA website on August 22, reporting that Trinidad and Tobago and the US have signed a Model 1 intergovernmental agreement (IGA). Trinidad and Tobago has been treated as if it has had . . .
Zvi Hahn has joined Steptoe & Johnson’s New York tax group as a partner, the firm announced . . .
The Seychelles government has released guidance notes for financial institutions on how to . . .
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.
