INTERNATIONAL Global trade continued to increase throughout 2016 and with it, increasing attempts to find loopholes and other advantages within applicable Internal Revenue Code Sections. All but a few IRS regulations released throughout 2016 carried the consistent goal of plugging loopholes. And in response to a major
Read more →As companies assess the political landscape for 2015 they will also find an evolving economic outlook, and a heightened focus on tax transparency that could add “incredible uncertainty” to the tax outlook in 2015, says KPMG. Therefore, business executives will need to keep a close eye on
Read more →Robert Stack, Treasury deputy assistant secretary (International Tax Affairs), predicts that the department will face a difficult year in 2015 as it begins to tackle several of the tougher issues listed in the Organisation for Economic Co-operation and Development’s (OECD) Base Erosion and Profit Shifting (BEPS) Action
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