to obtain private tax-related performance information from the tax return. I also find that the transmission of TRI to equity markets eliminates this anomaly return, both overall and relative to the control sample (i.e., there is a significant difference in returns pre and post loan issuance f...
IRS Seeks Comments on CFC Insurance Income Guidance Congressional News Releases U.S. Federal Smucker Announces Bill to Extend Passthrough Deduction Legislative Text U.S. Federal | Global S. 199 Would Modify Taiwan Tax Treatment 01/23/2025
it has greater ramifications under the tax expatriation laws in the author’s view. The finding by this Court regardingIRS Notice 2009-85is significant with far reaching implications. TheIRS Notice 2009-85is broad in its scope and is more than 60 pages in length. It notes that, “Section 87...
The process is straightforward, and you can seek assistance from LHDN or visit their offices for guidance.More points to consider:What if I have foreign income or assets? If you have foreign income or assets, you may need to report them to the Malaysian tax authorities and potentially pay ...
See,Federal Court Determines IRS “Guidance for Expatriates Under Section 877A” – IRS Notice 2009-85: “Is Not Binding Authority” On the same day of the Aroeste decision, the 6th Circuit issued a follow-on decision –Mann Construction,Inc.v.United States,No.23-1138(6th Cir.2023)The app...
The minutes of the annual meeting between the IRD and the HKICPA held in 2023 were recently released. This article highlights the views exchanged on certain key issues.
Providing content by tax professionals, for tax professionals, Tax Notes does tax, and only tax — and has done so for 50 years. Wide Perspective We can provide the full picture of tax developments over time. Trace the first germ of an idea all the way through to implementation as tax po...
In other words, my ramblings on the ol' tax blog are free advice, and you know what they say about getting what you pay for. That's why when it is time for you to file your own taxes, I urge you to get additional, professional, paid-for guidance from an accountant, Enrolled Agent...
A 1099 is an IRS tax form that’s used to report any income earned through sources other than employment, so independent contractors, freelancers and self-employed workers use the 1099 form. For more details on the 1099 tax form and guidance on filing it, refer to our post titledHow to ...
Firms cater to the anticipated information needs of financial statement users by providing more explanations and guidance when TLCF usability is uncertain. Regarding the content of the voluntary disclosure, firms stick closely to the criteria set by IAS 12 for the recognition of TLCF-DTA. This ...