United States News
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
Trump Looks To Democrats To Shore Up Tax Reform Push
by Mike Godfrey, Tax-News.com, Washington
Monday, September 18, 2017
US President Donald Trump has reached out to Democrat lawmakers to discuss tax reform, in a bid to obtain bipartisan support to get a package through Congress. Read Full Story
EU's PANA Committee Visits Switzerland
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 15, 2017
A delegation from the European Parliament's PANA Committee will travel to Switzerland to discuss the efforts being taken to combat money laundering, terrorist financing, and tax offences. Read Full Story
Kazakhstan Signs FATCA Agreement with US
by Mary Swire, Tax-News.com, Hong Kong
Friday, September 15, 2017
The Republic of Kazakhstan has signed a Model 1 FATCA Intergovernmental Agreement (IGA) with the US, enabling the exchange of information on the foreign financial accounts of US residents. Read Full Story
Sweden To Reduce Tax For Start-Ups
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, September 13, 2017
The Swedish Government has said that tax measures will be included in the forthcoming Budget to ease the tax burden on start-up enterprises and encourage entrepreneurship. Read Full Story
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