by usoftax_admin | Jan 2, 2024 | Tax News
The U.S.’ double taxation treaties with Russia and Hungary have been removed from a list of those compliant with federal standards regarding dividends paid to individual shareholders by qualified foreign corporations, the Internal Revenue Service said. by usoftax_admin | Jan 2, 2024 | Tax News
The Internal Revenue Service provided initial guidance for tribal governments, public utilities and other tax-exempt groups to get an exemption in 2024 from the domestic content requirements tied to clean energy tax credits as it prepares formal proposed rules on the... by usoftax_admin | Jan 2, 2024 | Tax News
While some of New York’s recently adopted corporate tax regulations are likely to face legal challenges, aggrieved taxpayers should answer certain questions before deciding to embark on the tax litigation process, say Cyavash Ahmadi and Jeffrey Friedman at Eversheds... by usoftax_admin | Jan 2, 2024 | Tax News
U.S. companies that acquire stock in foreign businesses through liquidation or asset reorganization would see changes to their resulting basis for certain transactions under regulations proposed by the Internal Revenue Service and the U.S. Treasury Department. by usoftax_admin | Jan 2, 2024 | Tax News
Jurisdictions that have ratified the global minimum tax are now in the process of making it a reality by usoftax_admin | Jan 2, 2024 | Tax News
Ben Scull, tax technology director at Sculls Advisory, explains how utilising the right technology can help tax professionals stay ahead of the regulatory curve