In this paper, the authors develop a framework that allows us to demonstrate that the tax treatment of TIPS is trivially different from that of conventional Treasury securities. Utilizing an after-tax valuation approach, they further show that under relatively conservative projections for inflation, ...
Treasury released final regulations regarding certain disregarded payments that give rise to deductions for foreign tax purposes and avoid the application of the DCL rules. January 10, 2025 Guidance designating related-party basis shifting transactions as transactions of interest finalized The Treasury ...
Here’s some of what Kyle Pomerleau of the American Enterprise Institute wrote about the taxation of Social Security benefits. Former President Trump recently declared that seniors should not have to pay income tax on Social Security benefits. This…is bad tax policy. …The tax treatment of Socia...
Our panel of astute federal tax experts will break down the tax treatment of these interests by type of arrangement, review Section 83(b) elections, and discuss recent court decisions pertaining to th... Read More Complex IRS Penalty Abatement Procedures for Failure-to-File, Failure-to-Pay,...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last three years.
If you are considering moving to another state, you might want to consider states that do not have state income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. Before you move, learn more about other income tax considerations,
Transaction costs: Tax recovery and treatment February 2024 As there is an increased focus on M&A preparation and strategy, one area that should not be overlooked is the potential tax “recovery” of transaction costs. Taxpayers should not oversimplify the approach to analyzing the recoverability of...
We have included links to a selection of our tax alerts below. Additional articles are available in our global tax alert library. United States: The US Treasury Department has released final regulations under IRC Section 987, detailing income and currency gain/loss rules for qualified business unit...
happening in other jurisdictions. Another glaring mistake is the assumption that the global stock of capital is fixed – and, more specifically, the assumption that the capital stock is independent of the tax treatment of saving and investment. Needless to say, these are remarkably unrealistic ...
You can speed up the process by using direct deposit, the electronic transfer method that ensures the swiftest delivery of your refund from the U.S. Treasury to your bank account. Usually, banks take one to two days to deposit funds, but it may happen even quicker. During these s...