Tax & Accounting Blog

On January 25, 2018, Jason Yen, Attorney-Advisor, Office of Tax Policy, U.S. Treasury, said during a panel event at a conference sponsored by the Washington, D.C. Bar that Treasury feels the “foreign-derived intangible income” (FDII) rules introduced by the 2017 U.S. tax reform legislation (the “Tax Cuts … Read More

Singapore is a financial and trading hub with an extensive network of 21 implemented bilateral and regional FTAs with 32 trading partners. In 2016, the European Union (EU) was Singapore’s 3rd largest global trading partner, and Singapore was the EU’s 15th largest global … Read More

On January 18, 2018, the U.S. IRS published new FAQs on country-by-country (CbC) reporting. See BEPS Action 13. See the following additional questions and answers (D6-D9) below. How should the information of a U.S. limited partnership (LP) or limited liability company (LLC) that has not elected to … Read More

Another year, another phishing scam. You may have seen that the IRS recently warned practitioners and all employers of the resurgence of W-2 related scams. The holiday season is over and, … Read More

On January 11, 2018, the Swiss Federal Department of Finance (FDF) issued a press release on the Swiss Federal Council meeting held on January 10, 2018, on the Tax Proposal 17 (TP17) proposals, which include patent box incentive measures. During the January 10th meeting, the Federal Council discussed the results of … Read More

Nexus Considerations: Navigating the “Kill Quill” Revolt This article is authored by Rebecca Newton-Clarke, J.D. (Senior Editor, Checkpoint Catalyst). It first appeared in Thomson Reuters Checkpoint State & Local Taxes Weekly, 1/22/18 (Volume 29, No. 4) and is the first in a special series of articles dedicated to recent nexus developments. The staid and technical … Read More