This content is from: United States Why taxpayers will be at IRS’s mercy if Supreme Court rules against Home Concrete Taxpayers in the US should expect greater uncertainty, challenges to their tax planning and heavy penalties if the Supreme Court rules in favour of the IRS in the long-running Home Concrete dispute. By Joe Dalton January 30 2012
This content is from: United States COMMENT: The US emergency: corporate tax reform to define presidential election The British emergency services telephone number is 999. In times of trouble, this is the number that is relied on for help and, interestingly enough, this same number was the initial spark that propagated the focus on... By Matthew Gilleard January 30 2012
This content is from: United States New FATCA guidance to lift compliance burden The US government has listened to the concerns of financial institutions and practitioners about the implementation of the Foreign Account Tax Compliance Act (FATCA). By Ralph Cunningham January 30 2012
This content is from: United States Obama on tax code: “Let’s change it” President Obama yesterday used his State of the Union address to stress the need for tax reform, claiming “My message is simple...Send me those tax reforms, and I’ll sign them right away”. By Matthew Gilleard January 25 2012
This content is from: United States Why 2012 will be a busy year for tax treaty developments in the US During 2011, the US did not enter into any new treaties or protocols. However, 2012 looks set to be very different, with negotiations aimed at new agreements expected to continue with Chile, Hungary, Luxembourg and Sw... By Matthew Gilleard January 24 2012
This content is from: Boeing, FedEx and Nike demand lower US corporate tax rate Some of the world's largest multinational companies have this week renewed calls for a lower US corporate tax rate. By Matthew Gilleard January 24 2012
This content is from: United States Effective tax rate watch: US banks announce results for 2011 Some large US multinational companies reported their annual and quarterly results this week, including details of their effective tax rates. By ITR Correspondent January 20 2012
This content is from: Commissioners to keep pressure on compliance How to work most effectively with large businesses, how to improve the efficiency of tax administrations and offshore compliance will be on the agenda when the world’s most senior tax officials meet in Buenos Aires to... January 18 2012
This content is from: United States New head of US APA & Competent Authority to be announced this month Taxpayers can expect the US Internal Revenue Service (IRS) to announce its new head of the advance pricing agreement programme by the end of January. January 18 2012
This content is from: United States The real reason Aon is moving its headquarters to the UK Insurance giant Aon has denied that tax is the reason why it is relocating its global headquarters from Chicago to London, but documents seen by International Tax Review suggest otherwise. By Joe Dalton January 17 2012
This content is from: United States IN-DEPTH ANALYSIS: Obama and Camp proposals' impact on transfer pricing President Obama and the House Ways and Means Committee chairman, David Camp, offered competing international tax system reforms at the end of 2011. January 16 2012
This content is from: United States US tax gap widens as share from business increases Official figures suggest that US federal tax compliance by corporations has got worse since 2001. However, that is not the whole picture. By Ralph Cunningham January 12 2012
This content is from: United States Tax planning lacks detail in SEC disclosures A study has found that US taxpayers do not always explain in their statutory disclosures what tax planning strategies they plan to use to generate taxable income to allow them make use of deferred tax assets. By Ralph Cunningham January 11 2012
This content is from: United States Mary Bennett's successor named The new head of the OECD's tax treaty, transfer pricing and financial transactions division has been named. January 11 2012
This content is from: United States Why the US tax gap is increasing The US tax gap has increased to $385 billion suggesting the IRS is not doing enough to enforce compliance, official statistics reveal. By Matthew Gilleard January 10 2012
This content is from: COMMENT: Why protests against EU carbon tax on airlines are a load of hot air Since airlines were brought into the EU Emissions Trading Scheme (ETS) last month, long-haul countries have been stepping up the noise of protests which will only hurt the environment and taxpayers. By Salman Shaheen January 06 2012
This content is from: United States Schedule M-3 stays the same The Internal Revenue Service in the US has announced no changes are planned to Schedule M-3 forms for tax year 2012, apart from any changes that may have to take place because of the enactment of new law. January 05 2012
This content is from: United States IRS takes new approach to corporate tax compliance The commissioner of the Internal Revenue Service has said the US tax authorities want to take a more strategic approach to dealing with corporate taxpayers. January 04 2012
This content is from: United States Fatca: IRS is listening, says Shulman New guidance on US legislation dealing with offshore tax compliance will respond to overseas concerns about implementation, the head of the Internal Revenue Service (IRS) has said. January 04 2012
This content is from: United States What the US Republican presidential candidates have to say about corporate tax Over the next six months Republicans in each US state will vote for the candidate they want to represent the party in next November's presidential election. Here’s what the hopefuls have to say on corporate taxes. By Matthew Gilleard January 03 2012
This content is from: Sponsored US Outbound: IRS issues final regulations on treatment of disregarded entities for empl... The Internal Revenue Service (IRS) recently released final regulations clarifying that a disregarded entity, which is treated as a corporation for employment tax purposes, will also be treated as a corporation for tax... January 01 2012
This content is from: United States US Inbound: President’s international tax proposals On September 23, President Obama released draft legislation for economic growth and deficit reduction. Provisions that could increase taxes on multinational corporations are an important part of the plan. The plan inc... January 01 2012
