US Subsidiaries of Foreign-Based Multinationals May Be Subject to the 15% Corporate Minimum Tax

August 9, 2022

After a whirlwind final day on Aug. 7, 2022, the United States Senate voted to pass the Inflation..

TIGTA to IRS: Fortify Your FATCA Compliance Efforts

June 17, 2022

Under the Foreign Account Tax Compliance Act (FATCA), certain taxpayers must file Form 8938,..

Global Tax Chiefs Warn of the Dangers of Nonfungible Tokens

June 16, 2022

Cryptocurrencies such as Bitcoin as well as offshoot connected internet technologies such as..

Forecasts vs. Projections: What’s the Big Difference?

May 18, 2022

Financial statements look at historical performance. But there are times when you want..

How US Sanctions Work and Their Tax Implications

April 20, 2022

Since the onset of the military conflict in Ukraine, many people have wondered precisely how..

Eyes on Related Parties

March 22, 2022

Business transactions with related parties — such as friends, relatives, parent companies,..

IRS Shutting Down Malta Pension Plan Scheme Used by US Taxpayers

February 16, 2022

The Internal Revenue Service (IRS) recently announced the United States and Malta have signed an..

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