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Internal Revenue Service › Federal Budget › Financial Services Industry

The United States Internal Revenue Service is a bureau of the United States Department of the Treasury. The IRS is charged with collecting revenue and enforcing the Internal Revenue Code.  
Holland & Knight LLP

Another Surprise in the One Big Beautiful Bill: Excise Tax on Remittances

Holland & Knight LLP on

As Republicans in the U.S. Senate now consider the reconciliation bill, they will need to consider what tax provisions contained in the One Big Beautiful Bill (OBBB), passed by the U.S. House of Representatives on May 22,...more

Troutman Pepper Locke

Section 899 Implications for Foreign Banks Lending to US Borrowers through US Lending Offices

Troutman Pepper Locke on

In an earlier alert, we described the potential impact of the One Big Beautiful Bill on withholding taxes imposed on loans made by foreign banks to U.S. borrowers. ...more

Clark Hill PLC

Window On Washington - Vol. 2, Issue 27

Clark Hill PLC on

Outlook for This Week in the Nation's Capital - House and Senate Return. Both the House and Senate are back in session this week. The Senate is planning to take a series of judicial nominations as well as a few other...more

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