McCarthy Tétrault LLP | Canada | 6 Jan 2017
As anticipated, the Canada Revenue Agency has been put on notice to restrict its Voluntary Disclosures Program. Before the Holidays, the Offshore…
Morrison & Foerster LLP | USA | 11 Oct 2011
Pursuant to a budget trailer bill chaptered into law on March 24, 2011, the California Franchise Tax Board (“FTB”) has the authority to operate and administer the Financial Institution Records Match (“FIRM”) program.
Whiteford Taylor & Preston LLP | USA | 6 Oct 2011
Employers can save money on past payroll taxes and “get right” with the IRS under new program.
BakerHostetler | USA | 23 Sep 2011
Many organizations have workers who they consider independent contractors but whose status may be questionable, thus potentially subjecting the organization to an IRS audit and, worse yet, employment taxes, penalties and interest for prior years.
BakerHostetler | USA | 3 May 2011
On March 18, 2010, the President signed the "Hiring Incentives to Restore Employment Act" (HIRE).
Osler Hoskin & Harcourt LLP | USA | 11 Apr 2011
There have been some well known cases in which qualified plans were disqualified retroactively by the IRS for less than major violations of the rules.
Greenberg Traurig LLP | USA | 4 Apr 2011
Earlier this year, the New Jersey Division of Taxation ("Division") announced a second Offshore Voluntary Compliance Initiative.
McMillan LLP | Canada | 28 Sep 2010
In 1989, the Canadian Income Tax Regulations were amended to include a regulation that requires every member of a partnership that carries on business in Canada, or that is a "Canadian partnership", to file an annual information return with the Canada Revenue Agency (the "CRA").
Ballard Spahr LLP | USA | 5 May 2010
The IRS has released a draft schedule and instructions for reporting uncertain tax positions (UTPs) that we described in an earlier Alert.
Fried Frank Harris Shriver & Jacobson LLP | USA | 24 Mar 2010
Included in the legislation coming out of Washington over the past week are a number of revenue raisers that will be of interest to the financial community, including banks, funds, investors, and investment professionals.