Tax & Accounting Blog

U.S. IRS Releases Information on Early Filing of Form 8975 and Schedule A

U.S. IRS Releases Information on Early Filing of Form 8975 and Schedule A

On January 19, 2017, the U.S. Internal Revenue Service (IRS) released Revenue Procedure 2017-23, which describes the process for filing Form 8975, Country-by-Country Report, and accompanying Schedule A, Tax Jurisdiction and Constituent Entity Information (collectively, Form 8975), by ultimate parent entities of U.S. multinational enterprise (MNE) groups for reporting … Read More

Indonesia Implements Three-Tiered Transfer Pricing Documentation Requirements

Indonesia Implements Three-Tiered Transfer Pricing Documentation Requirements

On December 30, 2016, the Indonesian Minister of Finance published PMK213/ PMK.03 / 2016, which provides details on the three-tiered transfer pricing documentation requirements (master file, local file and country-by-country (CbC) report) for related party transactions in accordance with BEPS Action 13. The master file must include the following information about … Read More

The Personality Pie: A Recipe For Marketing Success

The Personality Pie: A Recipe For Marketing Success

As noted in a previous post, personality is the key to more business opportunities. But how do you bake personality into your digital communications? There is no perfect recipe for incorporating personality into your marketing communications and strategy. That being said, there are some basic ingredients that will give your prospects and clients … Read More

Ireland Issues FAQs on Qualifying Disclosure for “Offshore Matters”

Ireland Issues FAQs on Qualifying Disclosure for “Offshore Matters”

On January 9, 2017, Ireland issued FAQs on qualifying disclosures relating to offshore matters.  See BEPS Action 12. Ireland has proposed measures in section 54 of the Finance Bill 2016 to address offshore tax evasion in light of the new international measures for exchange of information. If enacted, the proposed legislation … Read More