Be wary: The US Department of the Treasury’s proposed disregarded payment loss (DPL) regulations lay surprising new traps for multinational taxpayers – and those ensnared are unlikely to see what’s coming.
Under the...more
Discover the latest global developments and planning opportunities to stay ahead of the curve at McDermott’s Tax Symposium 2024. Join us in Chicago for a full day of programming designed to equip corporate tax leaders with...more
5/2/2024
/ Acquisitions ,
Best Practices ,
Continuing Legal Education ,
Controlled Foreign Corporations ,
Corporate Taxes ,
Corporate Transparency Act ,
Cross-Border ,
Digital Advertising Tax ,
Digital Goods ,
Energy Tax Incentives ,
Events ,
Family Offices ,
Federal Taxes ,
Foreign Assets ,
Foreign Derived Intangible Income (FDII) ,
Foreign Tax Credits ,
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Internet Tax Freedom Act ,
IRS ,
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OECD ,
Passive Foreign Investment Company ,
Pillar 2 ,
Reorganizations ,
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Virtual Currency
On December 2, 2017, the Senate approved its version of the Tax Cuts and Jobs Act. The Senate Bill includes the base erosion and anti-abuse tax, a new tax intended to apply to companies that significantly reduce their US tax...more
Impact of Country-By-Country Reporting on Multinational Enterprises -
Perhaps the most challenging component of the Base Erosion and Profit Shifting (BEPS) initiative adopted by the OECD and G20 countries, Action 13...more
4/21/2017
/ Audits ,
BEPS ,
Bipartisan Budget Act ,
Border Adjustment Taxes ,
Country-by-Country ,
International Tax Issues ,
Multinationals ,
OECD ,
Proposed Regulation ,
Tax Planning ,
Tax Reform ,
Transfer Pricing ,
U.S. Treasury ,
Underpayment
Significant Changes in US Tax System Likely -
In the short time since the surprising election of Donald J. Trump as the 45th president of the United States, much already has been written about the likelihood and likely...more
12/13/2016
/ Corporate Taxes ,
Debt-Equity ,
Deferred Compensation ,
International Tax Issues ,
IRS ,
REIT ,
SALT ,
Section 409A ,
Tax Planning ,
Tax Rates ,
Tax Reform ,
UK