International taxes

The Internal Revenue Service is giving foreign banks and financial institutions more time to file information about U.S. taxpayers with overseas bank accounts because of the coronavirus pandemic.

Some common planning techniques have emerged to maintain favorable IP tax rates.

One strategy being used across international regions is to utilize value-added tax measures as a flexible and effective response to the economic slowdown.

Here are some of the significant disclosure items that are either already required, or will be required, for next filing season.

The Internal Revenue Service is giving holders of foreign retirement trusts an exemption from some of the information reporting requirements, along with the abatement of penalties.

For U.S. firms advising clients who sell internationally, the evolving tailwinds suggest the rewards of a U.S.-U.K. bilateral deal could be major.

The region with the highest taxes in the world is weighing how to use them in the fight against climate change.

A brewing fight about which country has the right to tax some of the world’s most profitable companies, including Facebook Inc. and Alphabet Inc.’s Google, could devolve into a multi-front trade war, regardless of whether President Donald Trump is still in the White House.

The Tax Cuts and Jobs Act made the most far-reaching changes in the Tax Code in over 30 years, but it’s far from the last word on tax reform.

European finance chiefs arrived at a meeting of their global peers in Riyadh demanding the urgent creation of a new global tax system for the 21st century that would capture the profits of tech multinationals. U.S. Treasury Secretary Steven Mnuchin responded: it’s not that simple.