United States: ADD/CVD Roundup for February 2017
Following table shows the Federal Register notices related to ADD/CVD cases for February 2017 in United States. Country Product Investigations Case Number Details Brazil Frozen Warmwater Shrimp Antidumping Duty Order, Finding, or Suspended
See MoreUS: IRS reminds international taxpayers of filing obligations
The Internal Revenue Service on 23 February 2017 reminded non-U.S. citizens who may have taxable income, such as international students and scholars who may be working or receiving scholarship funds, that they may have special requirements to file a
See MorePGA Highlights: February 2017
In the United States the following events have taken place under the several PGA during the month of February 2017. Agencies Summary Federal Register Importer of controlled substances application: The registered bulk manufacturers of the
See MoreUS: IRS publishes draft instructions for Form 8975, Country-by-Country Report
The Inland Revenue Service has published, on 23 February 2017, draft version of instructions for forms that multinational enterprise (MNE) groups are to use in filing information on a country-by-country basis. Form 8975 and Schedules A (Form 8975)
See MoreJapan: Tax treatment of income from U.S. limited partnerships is treated as fiscally transparent entity
On 9 February 2017, Japan’s National Tax Agency (NTA) released a report on its website confirming that a US limited partnership (US LP) is treated as fiscally transparent for Japanese tax purposes when applying the US-Japan Income Tax Treaty. The
See MoreSaudi Arabia-Intergovernmental agreement to implement FATCA approved
The cabinet of Saudi Arabia officially approved the Intergovernmental Agreement (IGA) between Saudi Arabia (KSA) and the United States (US) on 6 February 2017. The agreement would improve international tax compliance and implement the Foreign
See MoreUS: IRS releases its ‘dirty dozen’ list of tax scams for 2017
The Internal Revenue Service yesterday warned taxpayers to be alert to unscrupulous tax return preparers touting inflated tax refunds. This scam remains on the annual list of tax scams known as the “Dirty Dozen” for 2017. The “Dirty
See MoreUS: FATCA agreement signed with Ukraine
An intergovernmental agreement between Ukraine and the United States was signed on 7 February 2017 to improve international tax compliance with respect to the US Foreign Account Tax Compliance Act (FATCA). The agreement helps to reduce the
See MoreUnited States: ADD/CVD Roundup for January 2017
Following table shows the Federal Register notices related to ADD/CVD cases for January 2017 in United States. Country Product Investigations Case Number Details Belgium Stainless Steel Plate in Coils Continuation of Antidumping Duty Orders
See MorePGA Highlights: January 2017
In the United States the following events have taken place under the several PGA during the month of January 2017. Agencies Summary Federal Register Delay of effective date for TSCA import certification process revisions: The U.S. Customs and
See MoreUS: IRS launches tax filing season for 2017
The US Internal Revenue Service (IRS) launched the 2017 tax filing season on 23 January 2017. Taxpayers have until April 18, 2017, to file their 2016 tax year returns and pay any taxes due. The deadline is later this year than the usual April 15,
See MoreUS: IRS issues final and temporary regulation on dividend equivalents from U.S. sources
The IRS on 19 January 2017 issued final and temporary regulations (TD 9815). The final and temporary regulations provides guidance to nonresident alien individuals and foreign corporations that hold certain financial products providing for
See MoreAlgeria ratifies FATCA agreement with United States
Algeria has ratified an intergovernmental agreement signed on October 2015 with the United States by way of Presidential Decree No. 16-328, as published in Official Gazette No. 74 of 18 December 2016. The US-Algeria IGA is based on the
See MoreUS: Trump signs order withdrawing from TPP
President Trump signed three executive memos on trade Monday morning-one withdraws the U.S. from the Trans Pacific Partnership (TPP), another reinstates the Mexico City Policy dealing with non-governmental organizations (NGOs) and abortion
See MoreUS: IRS release guidance on country-by-country report filing process
The US Internal Revenue Service (IRS) issued Revenue Procedure 2017-23 on 19 January 2017 describing the process for filing Form 8975, Country-byCountry Report, and accompanying Schedules A, Tax Jurisdiction and Constituent Entity Information
See MoreBrazil: Tax authority defines withholding tax payments for technical services source in US
Brazilian tax authorities define the withholding tax for technical services made available by individuals in United States through Private Ruling 5/2017 (Solução de Consulta 5/2017), published in the Official Gazette on 18 January 2016. The
See MoreUS: FATCA agreement signed with Greece
An intergovernmental agreement between Greece and the United States was signed on 19th January 2017 to improve international tax compliance with respect to the US Foreign Account Tax Compliance Act
See MoreUS: Trump comments on import tariffs
President-elect Donald Trump has repeated his intention to raise import tariffs on US multinational companies that move their production abroad and then sell products back into the United States. He has given his opinion during a press conference on
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