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United States News - Business, Taxation & Offshore


IRS Extends Disaster Tax Relief To Georgia

by Mike Godfrey, Tax-News.com, Washington

Friday, September 22, 2017

The IRS has extended disaster tax relief to the entire state of Georgia as part of its coordinated federal response to the damage caused by severe storms and flooding. Read Full Story


OECD Expands Consultation On Offshore Indirect Transfers Of Assets

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 22, 2017

The World Bank has released French and Spanish translations of its Toolkit on the taxation of offshore indirect transfers and extended the deadline for feedback to October 20. Read Full Story


Irish Finance Minister Discusses Tax Priorities

by Jason Gorringe, Tax-News.com, London

Thursday, September 21, 2017

Finance Minister Paschal Donohoe has said that Ireland's personal tax system "is not economically efficient and is not sustainable." Read Full Story


Corporate Inversions To Cost US USD12bn By 2027: CBO

by Mike Godfrey, Tax-News.com, Washington

Wednesday, September 20, 2017

So-called tax inversions could cost the US Government up to USD12bn in lost corporate tax revenues by 2027, a new report from the Congressional Budget Office says.Read Full Story


IRS Urged To Reach Out To Payroll Services Providers

by Mike Godfrey, Tax-News.com, Washington

Wednesday, September 20, 2017

The IRS must take further action to reduce the risk of employment tax fraud for US businesses that use third-party payers, according to a new report from Treasury General for Tax Administration (TIGTA).Read Full Story


US Hearing On Improving IRS Appeals Process

by Mike Godfrey, Tax-News.com, Washington

Monday, September 18, 2017

On September 13, the US Ways and Means Oversight Subcommittee launched a hearing on improving the resolution process for taxpayer disputes and appeals with the Internal Revenue Service.Read Full Story


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