tax Archive

TweetShareSharePin0 Shares Welcome to our monthly podcast in Portuguese, É da sua conta (‘it’s your business’) produced and hosted by Grazielle David and Daniela Stefano. All our podcasts are unique productions in five different languages – English, Spanish, Arabic, French, Portuguese. They’re all available here. Here’s the latest episode: Copa do Mundo das injustiças #43 Paraísos fiscais, violação de direitos trabalhistas de imigrantes, empresas de apostas desportivas online

TweetShareSharePin0 Shares The IRS risks falling short of the objectives of three major goal-setting agendas if it doesn’t expand its digital program so that it works directly with taxpayers, the Treasury Inspector General for Tax Administration (TIGTA) said in an audit report. TIGTA issued the audit report of the Taxpayer Digital Communication (TDC) program —

TweetShareSharePin0 Shares Two weeks after the 2022 midterm elections, it’s becoming clearer where tax policy may be headed for the rest of the year and into 2023. In the short term, Congress must deal with tax extenders and expiring business tax provisions that may undermine the economy. Next year, the return of divided government and

TweetShareSharePin0 Shares Countries are expected to approve by majority vote on Wednesday 23 November a UN resolution mandating the UN to take on a global tax leadership role. The vote by the UN General Assembly will mark the end of the OECD’s sixty-year reign as the world’s leading rule maker on global tax, and trigger

TweetShareSharePin0 Shares Treasury issued proposed regulations (REG-112096-22) relating to the foreign tax credit (FTC) on Friday, including revisions to the reattribution asset rule for purposes of allocating and apportioning foreign taxes, the cost recovery requirement, and the application of the source-based attribution requirement to withholding tax on royalty payments. Reattribution asset rule The 2022 FTC

TweetShareSharePin0 Shares On Election Day, a narrow majority of voters approved Massachusetts Question 1, also known as the Fair Share Amendment, which will transition the Commonwealth from a flat rate individual income tax to a graduated rate system. Effective January 1, 2023, the Bay State will begin taxing all individual income above $1 million at a

TweetShareSharePin0 Shares This week, guest blogger Anna Gooch of the Center for Taxpayer Rights returns with a post about a fascinating 6th Circuit case dealing with the seizure powers of states and the Constitution’s Takings Clause.  Anna has been coordinating the Center’s nationwide survey of state taxpayer rights as well as the Center’s current workshop