Tax developments -
IRS issues interim guidance to streamline LB&I audit procedures and promote alternative settlement programs -
Significant updates from the IRS Large Business & International (LB&I) Division will take...more
Beginning July 12, 2023, the European Commission (Commission) may begin “ex officio” investigations of financial contributions that companies receive from non-EU governments. The Commission may request information or conduct...more
5/12/2023
/ Compliance Dates ,
Countervailing Duties ,
Disclosure Requirements ,
EU ,
European Commission ,
Foreign Subsidies ,
Government Investigations ,
Multinationals ,
New Guidance ,
State Aid ,
Unfair Competition ,
WTO
On December 19, 2022, Treasury announced a timeline for releasing information on certain tax provisions of the Inflation Reduction Act (IRA). As set forth in the announcement, Treasury will provide the following information...more
On July 2, 2018, the Large Business and International (LB&I) Division of the Internal Revenue Service (IRS) announced five new compliance campaigns, including campaigns relating to virtual currency and the transition tax...more