Treasury Completes Negotiations for New Income Tax Treaty with Chile
January 27, 2010 in Daily Tax Report · Leave a Comment
The Treasury Department Jan. 26 said it has concluded negotiations on…v
IRS to Propose Reporting of Uncertain Tax Positions with Returns, Commissioner Says
January 27, 2010 in Daily Tax Report · Leave a Comment
Commissioner of Internal Revenue Douglas Shulman Jan. 26 unveiled a proposal for a tax schedule that would require large business taxpayers…
ANALYSIS: The SEC’s Improved Proxy Disclosure Rules: What’s New and How Can Companies Comply?
January 27, 2010 in Alternative Investment Law Report · Leave a Comment
As expected, the U.S. Securities and Exchange Commission (SEC) voted on Dec. 16, 2009, to adopt revisions to the proxy disclosure rules. The revisions adopted were largely…
2010 OUTLOOK — ACCOUNTING: Convergence, Consolidations Top List of Priorities as Deadline Looms
January 27, 2010 in Banking Report · Leave a Comment
Accounting professionals enter 2010 with serious doubts about both the ability and the wisdom of achieving the goal set by the Financial Accounting Standards Board and the…
2010 OUTLOOK — MORTGAGES: Changes to Home Affordable Modification Program, Government-Sponsored Enterprise Plan Expected as Housing Woes Continue
January 27, 2010 in Banking Report · Leave a Comment
With mortgage delinquencies and foreclosures showing no signs of abating in 2010, housing policy experts and the mortgage industry are closely watching the…
Supreme Court Finds New York City May Not Make RICO Claims in Internet Sales Tax Case
January 26, 2010 in Daily Tax Report · Leave a Comment
The U.S. Supreme Court Jan. 25 found that New York City could not assert civil tax claims under the Racketeer Influenced and Corrupt Organizations Act against out-of-state vendors who allegedly sold…
IRS Criminal Investigations Unit’s Major Focus Will Be in International Arena, Unit Chief Says
January 26, 2010 in Daily Tax Report · Leave a Comment
SAN ANTONIO—The Internal Revenue Service’s most significant criminal focus will be in the international arena going forward, IRS Chief of Criminal Investigations Victor Song said Jan. 23…
Obama to Propose Tax Credits, IRA Reforms to Aid Middle Class in State of Union Speech
January 26, 2010 in Daily Tax Report · Leave a Comment
President Obama Jan. 25 previewed a series of legislative proposals that he intends to include in his Jan. 27 State of the Union address and fiscal year 2011 budget, including…
FDIC, Bank of England Sign MOU on Bank Resolution, Planning Cooperation
January 26, 2010 in Banking Report · Leave a Comment
The Federal Deposit Insurance Corporation and the Bank of England have signed a memorandum of understanding on expanded cooperation when the two bodies act…
Regulators Issue Final Risk-Based Capital Rule Relating to FASB’s New Accounting Standards
January 26, 2010 in Banking Report · Leave a Comment
Federal bank regulators Jan. 21 issued the final risk-based capital rule related to the Financial Accounting Standards Boards’ new accounting standards that make…


