United States Tax News

Indian Tax Tribunal Holds that No Tax is Due on Payments for Taxation and Audit Services Provided Overseas

10 August 2016

U.S. Treasury List of International Boycott Countries Published

9 August 2016

U.S. Chamber of Commerce Files Lawsuit Challenging Rule Allowing IRS to Disregard Recent Acquisitions in Determining Inversion Thresholds

8 August 2016

Singapore and the U.S. to Negotiate TIEA and Reciprocal FATCA Agreement

4 August 2016

Facebook Facing Tax Liability of up to USD 5 Billion due to Intangibles Transfer Pricing Issues

2 August 2016

U.S. to No Longer Treat FATCA Agreements as in Effect if Not in Force

1 August 2016

G20 Finance Ministers Issue Communiqué following Chengdu Meeting

27 July 2016

U.S. IRS Publishes Practice Units on Qualified Business Units, Nonfunctional Currency Transactions and Exchange Gain/Loss on Currency Transactions

22 July 2016

Indian Tribunal Holds Fees for Overseas Marketing Services do Not Constitute FTS under Singapore and UK Tax Treaties

21 July 2016

U.S. Congressman Issues Alternate Tax Reform Plan

20 July 2016

New U.S. Disclosure Rules for Resource Extraction Issuers May be Fulfilled with Similar Reports Filed in Canada or the EU

19 July 2016

U.S. IRS Publishes Practice Units on FDAP Payments – Source of Income

18 July 2016

U.S. IRS Publishes Practice Units on Corporate Inversions and Failure to File Return of Transfer of Property to Foreign Corporation

8 July 2016

U.S. Senators Urge Treasury to Delay Proposed Debt-Equity regulations under IRC section 385

7 July 2016

82 Countries Committed to Implementation of Four Minimum Standards of OECD BEPS Project under Inclusive Framework

5 July 2016

U.S. CbC Regulations Published in Federal Register

1 July 2016

U.S. Final CbC Regulations Released

30 June 2016

US, Luxembourg agree to tax treaty changes to prevent double nontaxation

27 June 2016

House GOP Unveils Ambitious Tax Reform Plan

27 June 2016

U.S. Senators Request Exchange of Information Amendments in Pending Treaties/Protocols

23 June 2016

U.S. Multistate Tax Commission Presents Draft Information Exchange Agreement

23 June 2016

U.S. Tax Court Finds IRS Income Allocation Unreasonable

14 June 2016

U.S. IRS Issues Interest Rates on Overpaid and Underpaid Tax for Q3 2016

9 June 2016

U.S. IRS Commissioner Urges Congress to Enact Legislation for the Implementation of CRS

9 June 2016

European Commission Publishes Public Version of Letter to Luxembourg on Formal Investigation into Illegal State Aid Provided to McDonald's

9 June 2016

U.S. IRS Publishes Practice Units on Determination of Source of Income for FDAP Purposes and Related Withholding

7 June 2016

U.S. Treasury Finalizing Details of CbC Reporting Regs

6 June 2016

Costa Rica Negotiating TIEAs with Bermuda, Panama, South Korea and the U.A.E. and Protocol to TIEA with the U.S.

3 June 2016

G7 Declaration Following Japan Summit Encourages Adoption of BEPS Measures and Measures to Improve Transparency

1 June 2016

Protocol to the SSA between the Czech Republic and the U.S. has Entered into Force

31 May 2016