Thomas Humphreys, Remmelt Reigersman and Jared Goldberger of Morrison & Foerster run through the latest developments for FATCA in the US and explain that foreign financial institutions and withholding agents should benefit from additional time to comply with the rules.
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Scott Bessent reportedly felt undermined by Musk naming Gary Shapley as acting IRS commissioner; in other news, Baker Tilly will combine with a top 15 US firm
Despite garnering significant revenues from multinationals, Italy’s digital services tax presents pressing double taxation issues, say Stefano Simontacchi and Francesco Saverio Scandone of BonelliErede