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The subject to tax rule and its impact on Egypt

by usoftax_admin | Sep 23, 2024 | Tax News

While the rule could result in enhanced tax revenues, Egypt must consider its effect on foreign direct investment, say Rabie Morsy, Karim Adel, and Sandra Aziz of Saleh, Barsoum & Abdel Aziz – Grant Thornton Egypt

OECD official on pillar two: ‘The politics is quite volatile’

by usoftax_admin | Sep 23, 2024 | Tax News

The OECD is confident it will smooth relations with non-pillar two countries like the US but warned it’s a politically sensitive issue, ITR’s inaugural Pillar Two Forum heard

Five minutes with…Alexandra Minkovich, Baker McKenzie

by usoftax_admin | Sep 23, 2024 | Tax News

Minkovich, a US-based tax partner at Baker McKenzie, tells ITR about cramming 600-page regulations, Roman archaeological digs, and what makes tax cool

Family Owes $81M Taxes On ‘Son-Of-Boss’ Scheme, DOJ Says

by usoftax_admin | Sep 20, 2024 | Tax News

Former shareholders of a family-owned holding company owe the IRS nearly $81 million for participating in what is known as a Son-of-Boss arrangement, which generated fake capital losses in the 2022 sale of company stock, the U.S. Department of Justice told a New York...

8th Circ. To Hear Arguments In 3M’s $24M Tax Row Next Month

by usoftax_admin | Sep 20, 2024 | Tax News

The Eighth Circuit said Friday that it will hear oral arguments next month in 3M’s transfer pricing appeal, in which the multinational conglomerate is challenging the Internal Revenue Service’s authority to reallocate to the company $24 million from a...
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