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Daily Tax Update - IRS Issues Proposed Regulations on Global Intangible Low-Taxed Income
  • Steptoe & Johnson LLP
  • USA
  • September 13 2018

The IRS issued proposed regulations (REG-104390-18) today. The proposed regulations provide guidance on implementing the new global intangible


Ja Rule: Social Media Posts Do Not Create Liability for Failed “Fyre Festival”
  • Steptoe & Johnson LLP
  • USA
  • September 12 2018

Last week, Jeffrey Atkins (better known as Ja Rule) asked Judge Castel to dismiss claims against him stemming from the “Fyre Festival,” a 2017 music


The Government Contractor Teaming Agreement Toolkit
  • Steptoe & Johnson LLP
  • USA
  • September 12 2018

Competition for federal programs, particularly large programs, often pits team versus team, not company versus company. The process of team formation


Daily Tax Update - Ways & Means Committee Announces Full Committee Markup for ‘Tax Reform 2.0’
  • Steptoe & Johnson LLP
  • USA, OECD
  • September 11 2018

The House Ways & Means Committee will hold a full committee markup on Thursday, September 13, at 10:00 AM of the following bills: Protecting Family


Daily Tax Update - Office of Management and Budget Finishes Review of Proposed GILTI Tax Regulations
  • Steptoe & Johnson LLP
  • USA
  • September 10 2018

The Office of Management and Budget (OMB) completed its review of proposed regulations implementing the new global intangible low-taxed income (GILTI)


Daily Tax Update - IRS Cautions Retirees to Check Pension Withholdings
  • Steptoe & Johnson LLP
  • USA, OECD
  • September 7 2018

In the second of a four-part series, the IRS issued a notice reminding retirees that the Tax Cuts and JOBS Act may have changed the way their income


Long-Awaited Decision Issued on FCPA’s Reach Over Non-Resident Foreign Nationals
  • Steptoe & Johnson LLP
  • USA
  • September 6 2018

On August 24, 2018, the US Court of Appeals for the Second Circuit rejected an attempt by the Department of Justice (DOJ) to expand the


Judge Pauley: Despite 40,000 Words of Summary Judgment Briefing, Photo of Snoozing Mouse Is Enough to Show There Are Fact Issues
  • Steptoe & Johnson LLP
  • USA
  • September 6 2018

In an opinion yesterday, Judge Pauley denied summary judgment in a case alleging that a certain rodent repeller devices are ineffective, contrary to


IRS Reminds Taxpayer to Check Withholdings to Avoid Underpayment Penalties
  • Steptoe & Johnson LLP
  • USA, OECD
  • September 6 2018

In a news release issued today, the IRS urged taxpayers to check their withholdings and make estimated payments in order to avoid penalties for the


IRS Clarifies That Payments Under State or Local Tax Credit Programs May Be Deductible Business Expenses
  • Steptoe & Johnson LLP
  • USA, OECD
  • September 5 2018

In a news release issued today, the IRS clarified that business taxpayers that make business-related payments to charities or government entities for