United States Tax News

U.S. IRS Releases Practice Units on Installment Method, Substantiation Requirements, and Foreign Currency Translation.

30 April 2020

US IRS issues FAQs on interaction of NOL carrybacks and Section 965 inclusions

29 April 2020

U.S. Joint Committee on Taxation Publishes Report on Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

28 April 2020

U.S. IRS Posts FAQs on NOLs filed with Sec. 965 Inclusions

24 April 2020

US IRS issues additional FAQs on faxing Form 1139 with NOL and AMT claims under CARES Act

23 April 2020

U.S. Treasury and IRS Issue Cross-Border Tax Guidance Related to Travel Disruptions Arising from the COVID-19 Emergency

22 April 2020

US IRS releases FAQs on transfer pricing documentation best practices

21 April 2020

U.S. Final Regulations Regarding Certain Hybrid Arrangements and Proposed Regulations on Hybrid Arrangements and GILTI

20 April 2020

U.S. IRS Large Business and International (LB&I) Division Postpones Certain Compliance Campaign Due to COVID-19

20 April 2020

US: Consolidated return considerations of NOL carrybacks under CARES Act

17 April 2020

G7 Officials Will Return to Priority Agenda Items Including Tax Challenges of Digitalization Once Immediate Impacts of COVID-19 Crisis Abate

16 April 2020

U.S. IRS Unveils Online Application to Help with Economic Impact Payments

16 April 2020

U.S. IRS Issues Transfer Pricing Documentation Frequently Asked Questions (FAQs)

16 April 2020

US IRS announces taxpayers can temporarily fax Forms 1139 and 1045 to claim NOL carrybacks and AMT credits under CARES Act

16 April 2020

US IRS gives relief to taxpayers making Section 163(j) elections

15 April 2020

U.S. IRS Releases Updated Practice Unit on Statute of Limitations on Assessment of Tax

15 April 2020

U.S. IRS Issues Temporary Procedures to Claim Quick Refunds of the Credit for Prior Year Minimum Tax Liability of Corporations and NOL Deductions

15 April 2020

U.S. Treasury List of International Boycott Countries Published

14 April 2020

U.S. IRS Publishes IRB 2020-16 Including Notices on Deadline Relief and Employment Tax Credits for COVID-19 and Foreign Income Exclusion Eligibility Waiver

14 April 2020

US final and proposed regulations on hybrid mismatches, DCLs and conduit financing provide more certainty but some surprises

13 April 2020

US: Taxpayers need to consider international tax implications of making certain net operating loss elections under Revenue Procedure 2020-24

13 April 2020

U.S. IRS Extends More Tax Deadlines to Cover Individuals, Trusts, Estates Corporations, and Others

10 April 2020

U.S. IRS Releases Practice Unit on Adjustments for Overwithholding

10 April 2020

U.S. IRS Provides Guidance Under the CARES Act to Taxpayers with Net Operating Losses

10 April 2020

U.S. IRS Launches New Webpage for COVID-19 Tax Relief

9 April 2020

US IRS issues annual APA report for 2019

9 April 2020

U.S. IRS Updates Overview of MAP Process

6 April 2020

U.S. Treasury Delays Tax and Reporting Due Dates for Alcohol, Tobacco, Firearms and Ammunition Businesses Hit by COVID-19

2 April 2020

U.S. IRS Issues Release on Employee Retention Credit for Businesses Impacted by COVID-19

1 April 2020

US CARES Act has corporate implications, including NOL deductions, Section 163(j) interest expense limitation and AMT acceleration

1 April 2020