Tax & Accounting Blog

U.S. Representative Introduces Act to Require Public Country-by-Country Reporting

U.S. Representative Introduces Act to Require Public Country-by-Country Reporting

On September 22, 2016, U.S. Representative Mark Pocan issued a press release, saying that he has introduced the Corporate Transparency and Accountability Act (the Act) to increase transparency regarding tax avoidance and profit shifting activities. This legislation would require the public disclosure of country-by-country (CbC) information. See BEPS Action 13. Representative Pocan said, “My … Read More

BOOooost Your Halloween Email Marketing Campaigns With These 7 Spooktacular Tips & Infographic

BOOooost Your Halloween Email Marketing Campaigns With These 7 Spooktacular Tips & Infographic

Are you taking full advantage of Halloween, the second-highest most profitable holiday? Not only does the scariest day of the year generate huge revenues, it is also one of the most popular themes in marketing. Don’t be afraid to include thematic elements from this spooktacular opportunity in your email marketing. With nearly 70% of the … Read More

Treasury and IRS Issue Foreign Tax Credit Guidance in Response to State Aid Investigations

Treasury and IRS Issue Foreign Tax Credit Guidance in Response to State Aid Investigations

Following the European Commission's (EC’s) state aid decision regarding Apple (see BEPS Action 5), the U.S. Department of the Treasury (Treasury) issued Notice 2016-52 stating that the U.S. Internal Revenue Service (IRS) and Treasury intend to issue new regulations under Internal Revenue Code (IRC) section 909 that will prevent … Read More