In her first speech before the Tax Executive Institute (TEI) since being named commissioner of the large and medium-sized business (LMSB) division at the Internal Revenue Service (IRS) last November, Heather Maloy responded to the unease that many large corporate taxpayers feel in the wake of IRS announcement 2010-09.
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
Rolling out the global minimum tax has increased complexity, according to Baker McKenzie; in other news, Donald Trump has announced a 25% tariff on countries doing business with Iran