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United States News - Business, Taxation & Offshore

UK Insurers Braced For FATCA Impact

by Robert Lee, Tax-News.com, London

Last updated 20 hours ago | Wednesday, February 22, 2012

Proposed US regulations will impact on UK insurers in spite of hopes that they might have been excluded from the Foreign Account Tax Compliance Act regime. Read Full Story


US Industry Warns Against Lease Accounting Proposals

by Glen Shapiro, LawAndTax-News.com, New York

Last updated 20 hours ago | Wednesday, February 22, 2012

A coalition of several leading non-profit and commercial organizations, including the US Chamber of Commerce, has released a report warning against the introduction of the International Accounting Standard and the Financial Accounting Standard Boards' proposed lease accounting standard, noting the significant detrimental impact it would have on the United States' economy. Read Full Story


China Agrees Increased Access For US Movies

by Leroy Baker, Tax-News.com, New York

Last updated 23 hours ago | Wednesday, February 22, 2012

Vice President Joe Biden has announced that China has agreed to increase significantly the access on commercial terms for United States movies in its market, so as to resolve outstanding issues related to films after the latter’s victory in a World Trade Organization dispute last year. Read Full Story