by usoftax_admin | Apr 18, 2024 | Tax News
The Internal Revenue Service published updated domestic asset/liability and yields percentages Thursday that foreign life insurance companies as well as foreign property and liability insurance companies need to compute their minimum effectively connected net... by usoftax_admin | Apr 18, 2024 | Tax News
The Internal Revenue Service closed nearly 583,000 tax return audits in fiscal year 2023, resulting in $31.9 billion of recommended additional tax after examination, the agency said Thursday in its annual data book. by usoftax_admin | Apr 18, 2024 | Tax News
A former Houston attorney set to be sentenced Friday for his role in an $18 million offshore tax scheme is trying to limit the government’s ability to collect $2.5 million in restitution he promised to pay in a plea agreement last year, prosecutors told a Texas... by usoftax_admin | Apr 18, 2024 | Tax News
Multinational enterprises that conduct intra-group transactions in EU jurisdictions should be closely monitoring a proposed transfer pricing directive, say João Velez de Lima and André Vilaça Ferreira of Vieira de Almeida by usoftax_admin | Apr 18, 2024 | Tax News
In a significant reform at the Internal Revenue Service’s Whistleblower Office, the recently introduced revisions to the Form 211 whistleblower award application use new technology and a more intuitive approach to streamline the process of reporting allegations... by usoftax_admin | Apr 18, 2024 | Tax News
The Spanish Supreme Court has confirmed its stance on the fiscal year in which income from a refund of taxes should be recognised, report Alejandro Fernández and Sandra Díaz of Garrigues Spain