United States Tax News

U.S. Congressional Research Service Publishes Report on Proposed Excise Tax on Stock Repurchases

9 November 2021

U.S. IRS Publishes Practice Unit on Expense Allocation/Apportionment in Calculation of the IRC 904 FTC Limitation

8 November 2021

U.S. IRS Publishes Competent Authority Arrangement with Finland Regarding NAFTA and the USMCA

8 November 2021

Netherlands to Negotiate Revisions to SSAs with Canada, Chile, Egypt, Japan, New Zealand, Philippines, Serbia, Turkey, and the U.S.

5 November 2021

IRS Releases Chief Counsel Memorandum on Extended Statute of Limitations for Omitted Subpart F Income

4 November 2021

U.S. IRS Publishes Practice Unit on Examining Education Expenses Claimed by Nonresident Alien Individual Employees

3 November 2021

OECD Welcomes G20 Leaders' Joint Declaration Including Call for Implementing Two-Pillar Solution for Global Tax Reform Effective 2023

3 November 2021

U.S. Trade Representative Announces Arrangement for Resumption of Duty-Free Imports of European Steel and Aluminum

2 November 2021

US: Latest Build Back Better proposal includes 15% corporate minimum tax on book income

2 November 2021

FIRST IMPRESSIONS | Rules Committee releases modified "Build Back Better Act" international tax proposals

2 November 2021

U.S. House Committee on Rules Publishes Revised Build Back Better Act and Section-by-Section Summary

1 November 2021

Biden Administration Announces Revised Framework for the Build Back Better Act

29 October 2021

U.S. Senator Wyden Announces Updated Version of Billionaires Income Tax

28 October 2021

U.S. Senators Announce Proposal for a New Corporate Profits Minimum Tax on Companies Reporting Over USD 1 Billion in Profits

28 October 2021

US IRS revises Forms W-8ECI, W-8BEN-E, W-8BEN

27 October 2021

U.S. IRS Provides Updated Guidance on Qualified Opportunity Zones

26 October 2021

European Parliament Approves Resolution Calling for U.S. to Join Common Reporting Standard

25 October 2021

U.S. Senator Crapo and Representative Brady Respond to U.S. Compromise Agreement on Digital Services Taxes

25 October 2021

U.S. Treasury Announces Agreement with Austria, France, Italy, Spain, and the UK on Existing Digital Service Taxes before Pillar 1 is in Effect

22 October 2021

U.S. Members of Congress Seek Pause in Potential GILTI and International Tax Reform

21 October 2021

New Jersey Division of Taxation Issues Notice on Business Tax Return Due Date Change

21 October 2021

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 Provides Guidance Required Information for a Valid Research Credit Claim for Refund

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 Updates Process for Frequently Asked Questions on New Tax Legislation and Addresses Reliance Concerns

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