United States Tax News

US IRS rules gains and losses arising from commodity hedges may be sourced by reference to the underlying hedged inventory property

21 October 2021

U.S. IRS Extends Videoconferencing to Large Business Taxpayers

20 October 2021

U.S. IRS Updates Process for Frequently Asked Questions on New Tax Legislation and Addresses Reliance Concerns

19 October 2021

U.S. Congressional Research Service Publishes Report on Proposed Changes in the Taxation of Global Intangible Low-Taxed Income

19 October 2021

U.S. IRS Provides Guidance Required Information for a Valid Research Credit Claim for Refund

19 October 2021

Cyprus Publishes Notice on Expected Effective Date of CbC Exchange with the U.S. and Local Filing Obligations

19 October 2021

EY Global Tax Controversy Flash Newsletter (Issue 39) | Shifting international tax landscape may bring greater tax controversy risks

19 October 2021

U.S. OASDI and SSI Program Rates & Limits for 2022 Published

18 October 2021

French Finance Minister Says U.S. Must Commit to Dropping Tariffs in Response to French Commitment to Drop Digital Services Tax

18 October 2021

G20 Finance Ministers Endorse Final Political Agreement on OECD Two-Pillar Solution for International Tax Reform

15 October 2021

US IRS representatives say MAP and APMA cases are more difficult because of high adjustments, express concern about unilateral relief

15 October 2021

US IRS maintaining its policy on “telescoping” in APA and MAP cases while trying to alleviate administrative burden, official says

14 October 2021

US House Ways & Means reconciliation bill proposes important credits and incentives that would encourage investment in Puerto Rico

14 October 2021

U.S. IRS Providing Further Deferral for Regulations on Foreign Currency Gains/Losses

13 October 2021

Cyprus Tax Authority issues clarification regarding Competent Authority Agreement with the United States for exchange of CbC reports

12 October 2021

U.S. Treasury Secretary Yellen Issues Statement on Agreement for Global Tax Reform

11 October 2021

U.S. Treasury List of International Boycott Countries Published

11 October 2021

Ranking Members of U.S. Senate Committees Warn Against Bypassing Treaty Process for Implementing Global Tax Reform

11 October 2021

U.S. IRS Publishes Practice Unit on Examining a Reseller's 263A Computation

8 October 2021

Iowa Releases Updated Guidance on Corporate Income Tax Changes for 2021

8 October 2021

Massachusetts Considering Tax on Online Advertising

7 October 2021

U.S. IRS and Treasury Issue Corrections to Final and Temporary Regulations on Foreign Tax Credits

6 October 2021

USTR Publishes Factsheet on Biden Administration's New Approach to the Trade Relationship with China

6 October 2021

U.S. Congressional Research Service Publishes Report on House Ways and Means Committee's Legislative Recommendations

5 October 2021

Thursday, October 28 | BEPS 2.0: Beyond 2021 (11:30 am ET)

1 October 2021

US IRS and Treasury release 2021--2022 Priority Guidance Plan with new transfer pricing projects

29 September 2021

U.S. IRS and Treasury Issue Final Regulations Providing Guidance on Qualified Improvement Property and Foreign Tax Credit

27 September 2021

U.S. Treasury Secretary Yellen Stresses Importance of Digital Tax Withdrawal Compromise with France, Italy, and the UK

27 September 2021

U.S. IRS and Treasury Issue Final Regulations on Treatment of Distributions of Property from a Corporation to a Shareholder

23 September 2021

Florida Issues Tax Information Publication on Reduced Corporate Tax Rate

21 September 2021