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Key International Tax Proposals in the Biden Administration’s Green Book and Their Potential Impact on Businesses

OECD, USA - June 21 2021 On May 28, 2021, the US Department of the Treasury (Treasury) released the Fiscal Year (FY) 2022 budget and Green Book, which provides detailed…

Terence Healey, Alex Cheng-Yi Lee

IRS Extends Use of Digital Signatures for Certain Forms until End of 2021

USA - April 23 2021 The list of Internal Revenue Service (IRS) forms that can be digitally signed continues to grow. On August 28, 2020, the IRS issued a memorandum…

Andrew R. Roberson, Kevin Spencer

Government Releases Second Tranche of Final Regulations on BEAT

USA - September 16 2020 On September 1, 2020, the US Department of the Treasury (Treasury) and Internal Revenue Service (IRS) released final regulations on the Base Erosion…

Keith Hagan, Jonathan Lockhart, David G. Noren

Government Releases Final Regulations on FDII and GILTI Deduction

USA - July 24 2020 On July 9, 2020, the US Department of the Treasury (Treasury) and Internal Revenue Service (IRS) released Final Regulations (Final Regulations) that…

Le Chen, Brian H. Jenn, Gregory M. Weigand

New Debt-Equity Regulations Address Certain Gaps, but More Guidance Is Expected

USA - May 20 2020 The final debt-equity regulations issued on May 13, 2020, finalize proposed section 385 regulations issued in 2016 without any substantive changes to…

Kristen E. Hazel, Alex Cheng-Yi Lee, John T. Lutz