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One company pays 78% of top-up taxes in Switzerland: study

by usoftax_admin | Apr 10, 2025 | Tax News

A mere three firms accounted for more than 90% of top-up taxes paid, according to research from Deloitte

IRS Microcaptive Rules Face Challenge By Familiar Foe

by usoftax_admin | Apr 10, 2025 | Tax News

A microcaptive insurance advisory firm that persuaded a Tennessee federal court to vacate an IRS notice imposing reporting requirements challenged the agency’s new rules on the in-house arrangements, asking the same court to set aside the regulations for being...

Vietnam, US Begin Trade Deal Negotiations, Hanoi Says

by usoftax_admin | Apr 10, 2025 | Tax News

Vietnam and the United States have started negotiations on a trade deal after the Vietnamese government said it was prepared to eliminate all tariffs on U.S. goods, Hanoi said Thursday in a news release.

EU Delays Tariffs After Trump’s 90-Day Hold

by usoftax_admin | Apr 10, 2025 | Tax News

The European Union will delay tariffs on U.S. goods following President Donald Trump’s decision to hold off on imposing them on European goods for 90 days, the president of the European Commission said Thursday.

House Passes Budget Blueprint With Permanent Tax Cuts

by usoftax_admin | Apr 10, 2025 | Tax News

The House of Representatives passed the Senate’s amendment to the lower chamber’s budget bill Thursday, setting the stage for a permanent extension of the tax breaks in the 2017 Tax Cuts and Jobs Act and up to $1.5 trillion in other tax cuts.

US pillar two stance: tax competitiveness challenges for Portugal and the EU

by usoftax_admin | Apr 10, 2025 | Tax News

Pillar two will fail to achieve its aims without the participation of major economies, say João Velez de Lima, Teresa Teixeira Mota, and Francisca de Landerset of VdA
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