Description
A review of the week's major US international tax-related news. In this edition:
US House and Senate recess; focus to turn to approaching government funding deadlines, tax package possible – IRS sending info request letters to US-based subsidiaries of foreign-owned corporations re intercompany transaction pricing – IRS plans to finalize proposed FX regulations by year-end – US signs extension to moratorium agreement on unilateral measures, including DSTs.
A review of the week's major US international tax-related news. In this edition:
Congressional Republicans eye two budget reconciliation bills in 2025 to enact tax legislation – OECD holds Tax Certainty Day, releases 2023 MAP and APA statistics.
Published 11/22/24
A review of the week's major US international tax-related news. In this edition:
Republican US election sweep likely means TCJA extension via reconciliation, BEPS 2.0 project uncertainty – Final IRS Section 987 FX gain / loss regulations release before year-end – IRS comments on new passthrough...
Published 11/15/24