United States Tax News

US House clears Inflation Reduction Act for President Biden's signature

15 August 2022

U.S. Senator Wyden Announces Taxing Big Oil Profiteers Act Including 21% Tax on Excess Profits

15 August 2022

U.S. House of Representatives Approves Inflation Reduction Act

15 August 2022

U.S. Congressional Research Service Publishes Tax Provisions in the Inflation Reduction Act Including the Excise Tax on Corporate Stock Repurchases

12 August 2022

U.S. CHIPS Act Signed into Law Including Advanced Manufacturing Investment Credit

11 August 2022

U.S. IRS Updates Frequently Asked Questions (FAQs) About International Individual Tax Matters

9 August 2022

US IRS concludes that termination fees in failed merger were capital losses

8 August 2022

U.S. Congressional Research Service Publishes Report on Proposed Corporate Minimum Tax

5 August 2022

US | Technical corrections to foreign tax credit regulations offer relief from cost recovery rules and include other impactful changes

4 August 2022

U.S. IRS and Treasury Issue Corrections to Regulations Providing Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income

29 July 2022

New Corporate Minimum Tax to be Approved as Part of Inflation Reduction Act of 2022

29 July 2022

U.S. Senate Approves CHIPS and Science Act of 2022 Including 25% Investment Tax Credit for Semiconductor Manufacturing

28 July 2022

U.S. IRS Practice Unit on Allowance of Deductions and Credits on Delinquent Corporate Tax Returns

28 July 2022

U.S. House Republicans Note Meeting with Hungarian Delegation on Opposition to Global Minimum Tax

25 July 2022

U.S. Senators Introduce Resolution for Tax Agreement with Taiwan

25 July 2022

IRS Collection Procedures for Assets Located Outside the United States

21 July 2022

G20 Finance Ministers and Central Bank Governors Reaffirm Commitment to Two-Pillar International Tax Package

20 July 2022

U.S. Senator Warren Introduces Bill to Simply Tax Filing

20 July 2022

Ecuador Approves Pending TIEA with the U.S.

19 July 2022

U.S. Treasury Confirms Termination of 1979 Tax Treaty with Hungary

19 July 2022

U.S. Congressional Research Service Publishes Report on Pillar 2 Global Minimum Tax

18 July 2022

Italian Court of Cassation holds domestic regime is applicable on distributions to nonresident mutual funds

15 July 2022

US proposed regulations would limit Section 1256 mark-to-market accounting for foreign currency contracts to foreign currency forward contracts

15 July 2022

Pennsylvania Cutting Corporate Net Income Tax Rate and Introducing New Nexus Rules

14 July 2022

Hungary Confirms Termination of 1979 Tax Treaty with the U.S.

13 July 2022

U.S. Senator Wyden Releases Interim Report on Investigation into Big Pharma Tax Practices

12 July 2022

U.S. Terminating Tax Treaty with Hungary Over Global Minimum Tax

11 July 2022

U.S. Bill Would Double R&D Tax Credit

11 July 2022

U.S. Treasury List of International Boycott Countries Published

8 July 2022

Ireland Relaxes Requirements for U.S. Residents Claiming Treaty Benefits for Interest and Royalty Payments

6 July 2022