05/09/2022
Senate Finance Committee member Bill Cassidy, R-La., was quick to clarify to reporters following the meeting that he does not view the concept as a carbon tax, adding, “I’ve spoken to Republicans who are very interested in this.”
01/26/2022
This is because, for US tax purposes, gain on the sale of property is generally treated as tax-free foreign source gain in the hands of a foreign seller.
01/21/2022
In particular, the Final Regulations adopt a new “attribution requirement” (Attribution Requirement) that restricts the availability of FTCs to foreign taxes that the Treasury and the IRS consider to be similar to US taxes.
01/14/2022
North America recorded 15% revenue growth, with consulting services growing by a blistering 50% in 2021. RSM’s Europe and Africa regions also had 15% revenue increases, while the Middle East grew 23%, Asia grew 20%, and Latin America grew 11%.
12/21/2021
Though many of Democrats’ more radical tax proposals were scaled back or dropped in negotiations, the bill would be “a meaningful step for reducing inequality,” said Carl Davis
12/21/2021
An oligarch, a dictator’s aide and a beverage tycoon turned to America’s least populated state to shelter assets, the Pandora Papers show.