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Senate Panel OKs Taiwan Double-Tax Relief Unanimously

by usoftax_admin | Sep 14, 2023 | Tax News

The U.S. Senate Finance Committee unanimously approved legislation Thursday that would provide double-taxation relief and other treaty-like benefits for Taiwanese businesses investing in the U.S.

No time to waste as MNEs appear underprepared to meet pillar two obligations

by usoftax_admin | Sep 14, 2023 | Tax News

A poll conducted for a webinar by ITR and Wolters Kluwer on tax data management indicates many organisations have plenty of work to do in addressing increasingly stringent compliance requirements.

IRS Following Property Seizure Procedure, TIGTA Says

by usoftax_admin | Sep 14, 2023 | Tax News

The Internal Revenue Service is adequately adhering to procedures for seizing the property of certain delinquent taxpayers, the Treasury Inspector General for Tax Administration said in a report released Thursday.

Norwegian Court of Appeal follows EFTA Court’s lead on the interest deduction limitation rule

by usoftax_admin | Sep 14, 2023 | Tax News

Daniel M H Herde and Lene Bergersen of Deloitte Norway explain the Court of Appeal judgment in PRA Group Europe AS v Staten v/Skatteetaten. The team acted as legal counsel for the taxpayer in the court proceedings.

Maintaining the tax base in the US and UK: TP and diverted profits tax

by usoftax_admin | Sep 14, 2023 | Tax News

Caroline Setliffe and Ben Shem-Tov of Eversheds Sutherland give an overview of the US transfer pricing penalty regime and UK diverted profits tax considerations for multinational companies.

European Commission unveils long-awaited BEFIT proposal

by usoftax_admin | Sep 14, 2023 | Tax News

The plan is aimed at simplifying tax rules and lowering tax compliance costs for cross-border businesses in the EU.
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