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United States News - Business, Taxation & Offshore




Australian Miners Seeking New Free Trade Deals

by Mary Swire, Tax-news.com, Hong Kong

Last updated 21 hours ago | Wednesday, March 29, 2017

The Minerals Council of Australia has called on the Government to pursue further trade liberalization through a range of bilateral and regional trading agreements. Read Full Story

 

IRS Prepares For 'Revenue From Contracts With Customers' Standard

by Mike Godfrey, Tax-News.com, Washington

Last updated 21 hours ago | Wednesday, March 29, 2017

The Internal Revenue Service has published a proposed revenue procedure in Notice 2017-17 for taxpayers seeking to change a method of accounting for recognizing income after the adoption of the new financial accounting standards for recognizing revenue (IFRS 15).Read Full Story

 

 

IRS 'Ignored Warnings' Over Compromised IP PIN Program

by Mike Godfrey, Tax-News.com, Washington

Last updated 44 hours ago | Tuesday, March 28, 2017

The Treasury Inspector General for Tax Administration says the Internal Revenue Service ignored warnings regarding a security breach to its Identity Protection Personal Identification Number program. Read Full Story

 

IRS To Provide Expedited Audit Mediation For Small Businesses

by Mike Godfrey, Tax-News.com, Washington

Wednesday, March 22, 2017

The Internal Revenue Service has released a new revenue procedure that creates a fast-tracked method for small businesses and self employed persons to engage with the IRS to resolve disputes.Read Full Story

 

 

EU Trade Chief Promotes Benefits Of Canada Trade Deal

by Mike Godfrey, Tax-news.com, Washington

Tuesday, March 21, 2017

EU Trade Commissioner Cecilia Malmström has described the Comprehensive Economic and Trade Agreement with Canada as "the most ambitious and progressive [deal] we have ever struck."Read Full Story

 

Germany Threatens WTO Action Over Border Adjustment Tax

by Mike Godfrey, Tax-News.com, Washington

Monday, March 20, 2017

German Economy Minister Brigitte Zypries has said Germany could begin legal action against the US if the Border Adjustment Tax is introduced.Read Full Story