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IRS extends FBAR filing deadline for certain US persons

  • White & Case LLP
  • -
  • USA
  • -
  • August 10 2009

On August 7, 2009, the Internal Revenue Service (the "IRS") extended the deadline for certain US persons to file form TD F 90-22

New proposed Treasury regulations clarify the scope of the exemption from US taxation of foreign sovereigns

  • White & Case LLP
  • -
  • USA
  • -
  • December 30 2011

The US Treasury Department has recently issued proposed regulations under Section 892 of the Code that provide welcome clarity with respect to whether non-US sovereigns and entities controlled by non-US sovereigns will be treated as engaged in commercial activity for US federal income tax purposes