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Daily Tax Update - IRS Publishes New QIWPWT FAQs
  • Steptoe & Johnson LLP
  • USA, European Union
  • May 25 2018

The IRS published new Qualified Intermediary (QI), Withholding Foreign Partnership (WP), and Withholding Foreign Trust (WF) Frequently Asked Questions

Daily Tax Update - November 9, 2017: Ways and Means Committee Passes Bill With Manager's Amendment
  • Steptoe & Johnson LLP
  • USA
  • November 9 2017

Today, House Ways and Means Committee Chairman Brady introduced an additional amendment to the amendment in the nature of a substitute to the Tax Cuts

Daily Tax Update - November 3, 2017: Chairman Brady Releases Mark of House Tax Reform Bill
  • Steptoe & Johnson LLP
  • USA
  • November 3 2017

Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) released his mark of the Tax Cuts and JOBS Act (H.R. 1). The bill is scheduled for

Daily Tax Update - August 7, 2017: IRS Prevails in ‘Son-of-BOSS’ Tax Court Case
  • Steptoe & Johnson LLP
  • USA
  • August 7 2017

Day, the US Tax Court issued a Memorandum Opinion in BCP Trading and Investments, LLC v. Commissioner, holding that a “purported partnership that used

How the 2016 Election Will Impact Public Policy Developments
  • Steptoe & Johnson LLP
  • USA
  • September 27 2016

Last night’s presidential debate marked the beginning of the final phase leading to November’s presidential and congressional elections. To be sure

European Commission Rules Apple Received 'Special Tax Treatment' From Ireland
  • Steptoe & Johnson LLP
  • European Union, Ireland
  • August 30 2016

Today, the European Commission (Commission) ruled that Ireland granted Apple, Inc. "selective tax treatment" that gave it a "significant advantage

European Council Approves Anti-Tax-Avoidance Directive
  • Steptoe & Johnson LLP
  • OECD, European Union
  • June 22 2016

On June 21, the European Council agreed on a draft directive addressing tax avoidance practices commonly used by large companies. The directive is

Inversion Regulations Implement Prior Notices and Add New Provisions
  • Steptoe & Johnson LLP
  • USA
  • April 14 2016

On April 4, Treasury and the IRS issued final and temporary (T.D. 9761) and proposed regulations (REG-135734-14) under sections 7874 and 367 to

European Commission presents Action Plan to reform corporate taxation in the EU
  • Steptoe & Johnson LLP
  • European Union
  • June 17 2015

Today, the European Commission presented an Action Plan that "aims to establish a fairer and more efficient corporate tax system in the EU." Key

UK budget report summary
  • Steptoe & Johnson LLP
  • United Kingdom
  • March 24 2011

Set out below is a high-level summary of some of the significant changes announced in the Budget on 23rd March 2011.