The US Treasury department yesterday issued an extensive general explanation of the tax relief and revenue-raising proposals included in the Administration's FY2010 budget. The publication, known as the green book, gives further details of business tax increase proposals, including the proposals affecting deferral, foreign tax credits, check-the-box, and LIFO repeal.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The Irish government has been told that it’s spending too much of its corporation tax receipts and should instead focus on running bigger surpluses; plus, the IRS is set to merge tax practitioner offices
Arindam Mitra and Robin Hart examine how aggregate TP rules clash with transaction-level customs rules, creating compliance risks and requiring granular, SKU-level pricing strategies
The OECD’s project was up for debate as Matt Williams spoke to ITR following BDO’s tax strategist survey, which uncovered increased complexity and costs among multinationals