Welcome to this week’s edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and issues of note. Each week we pull together the items we deem most important to...more
9/4/2025
/ BEPS ,
Cross-Border Transactions ,
Digital Assets ,
FIRPTA ,
Foreign Corporations ,
International Tax Issues ,
IRS ,
New Regulations ,
Proposed Rules ,
Public Comment ,
Real Estate Transactions ,
Reorganizations ,
Taxation ,
U.S. Treasury
The President’s Working Group on Digital Asset Markets recently issued a detailed report, titled “Strengthening American Leadership in Digital Financial Technology,” recommending regulatory and legislative proposals to...more
Tax developments -
The validity of the 245A DRD for indirectly owned foreign corporations -
On January 21, 2025, the IRS filed a motion for summary judgment asking the Tax Court to hold that Sysco Corporation (Sysco)...more