Cayman DITC comprehensive reviews to assess CRS compliance
The Cayman Islands Department for International Tax Cooperation announced a program of comprehensive reviews to assess financial institutions’ compliance with CRS.
The Cayman Islands Department for International Tax Cooperation announced a program of comprehensive reviews to assess financial institutions’ compliance with CRS.
January 2025 proposed regulations regarding the BEAT rules and how QDPs with respect to securities lending transactions are determined and reported.
For Pillar Two global minimum tax purposes, the OECD allows local filing requirements and local compliance dates, i.e., to be agreed by each country.
The Trump administration has laid out an activist trade policy agenda, aiming to raise tariffs, promote fair trade, and boost domestic manufacturing.
Proposed regulations under Section 162(m) provide guidance on the five covered employees added by the American Rescue Plan Act.
Treasury and the IRS on January 10 released final regulations on disregarded payment losses (DPL) and the DCL and DPL anti-avoidance rules.
2025 marks the beginning of a year for action on a significant “must-pass” tax bill.
Treasury and the IRS, on January 14, released final regulations, Treas. Reg. sec. 1.861-18 and -19 regarding ‘digital content’ and ‘cloud transactions'.
Proposed CAMT regulations may significantly impact asset management and real estate funds' reporting requirements.
The US state income tax digest highlights significant income and business tax legislation, regulatory adoptions, judicial decisions, and administrative guidance.
Today, Treasury and the IRS released final regulations under Section 861 regarding transactions involving digital content and certain cloud transactions.
Treasury released final regulations regarding certain disregarded payments that give rise to deductions for foreign tax purposes and avoid the application of the DCL rules.