Tag "IRS"
Finance
North America
What US capital gains tax reform means for investors
President Obama has put forth a new proposal to eliminate the “step-up” basis on inherited assets and subject more of their capital gains to taxation. What does this proposal mean
North America
Politics
US corporate tax backlash keeps OECD at arm’s length
OECD efforts to develop international rules for corporate tax avoidance are necessary, if not overdue. The US, however, is playing politics, in spite of its own pressure on foreign governments
Finance
North America
FATCA a big leap in tax enforcement
The US pushes to strengthen tax enforcement with an act set to come into force this July. The benefits are clear, but it remains to be seen how the costs of the
North America
Politics
U.S. Congress allows R&D tax credit to expire
If the credit is extended sometime in 2014 it may not affect companies’ research departments, but it still will throw uncertainty into earnings reports and tax management. On January 1,
