The US Treasury Department reissued its list of countries that mandate cooperation with, or participation in, an international boycott as a prerequisite for conducting business. It includes Iraq, Lebanon, Syria, Kuwait, Qatar, Saudi Arabia, Libya

The US Department of the Treasury (Treasury) and Internal Revenue Service (IRS) released final rules for the section 45V Clean Hydrogen Production Tax Credit established by the Inflation Reduction Act on 3 January 2025, according to a press

The US Department of the Treasury (Treasury) and the IRS announced the released final rules for the Clean Electricity Investment and Production Tax Credits – also known as the technology-neutral credits – in tax code sections 45Y and 48E

The US Internal Revenue Service (IRS) has released Announcement 2025-5, confirming the partial suspension of the 1973 tax treaty with the former Soviet Union as it pertains to Belarus. The US provided formal notice to the Republic of Belarus on

The US Treasury Department and IRS released final regulations (T.D. 10020) regarding when tax-exempt bonds are treated as retired on 27 December 2024. The final regulations address when tax-exempt bonds are treated as retired for certain Federal

The US Department of the Treasury and the Internal Revenue Service issued IR-2024-315 on 20 December 2024, in which it proposed regulations to update the rules for certain tax professionals who can practice before the IRS; these rules are contained