IRS Looking at Buy-In Issue Surrounding Cost-Sharing Arrangements, Official Says
April 23, 2010 in Daily Tax Report · Leave a Comment
The Internal Revenue Service is “affirmatively looking” at the buy-in issue for cost-sharing arrangements in the transfer pricing context, Large and…
Administration Continues to Back Stand-Alone Use of International Tax Provisions, Senior Treasury Official Says
April 22, 2010 in Daily Tax Report · Leave a Comment
The administration continues to support the use of international tax proposals from its fiscal year 2011 budget as stand-alone provisions should Congress be inclined to do so, a senior Treasury…
IRS Uncertain Positions Documents Answer Some Questions, Leave Others, Practitioners Say
April 21, 2010 in Daily Tax Report · Leave a Comment
The draft schedule and instructions that taxpayers would use to report uncertain tax positions, unveiled by the Internal Revenue Service April 19, are administratively helpful and well…
IRS Unveils Draft Schedule, Instructions for Reporting Uncertain Tax Positions
April 20, 2010 in Daily Tax Report · Leave a Comment
The Internal Revenue Service April 19 unveiled the eagerly awaited draft schedule and instructions that taxpayers would use to report their uncertain tax positions under…
Eight Taxpayers Withdrew Pending Advance Pricing Agreements from IRS Program, Latest Statistics Show
April 15, 2010 in Daily Tax Report · Leave a Comment
U.S. taxpayers withdrew a total of eight cases from the Internal Revenue Service’s Advance Pricing Agreement Program during the quarter ended March 31, according to…
IRS Official Predicts Scrutiny of Offshore Compliance, Transfer Pricing
April 14, 2010 in Daily Tax Report · Leave a Comment
Transfer pricing, withholding for nonresident aliens, and offshore compliance will be a major focus of scrutiny for the Internal Revenue Service in the global arena, new…
Status of Key Tax and Executive Compensation Issues in Congress
April 12, 2010 in Daily Tax Report · Leave a Comment
The following chart summarizes the status of key tax and executive compensation policy legislation currently pending in Congress. The first column provides a synopsis of the…
Risk of Obama International Tax Proposals Being Used to Fund Tax Bills Growing, E&Y Says
April 9, 2010 in Daily Tax Report · Leave a Comment
The risk continues to grow that President Obama’s international tax proposals may be picked up in Congress to pay for jobs legislation or other bills, rather than being considered as part of fundamental tax reform, Ernst & Young LLP practitioners said April 8.
U.S. Tax Preparers Abroad Fret About Obtaining Preparer Tax Identification Numbers under IRS Proposed Rules
April 1, 2010 in Daily Tax Report · Leave a Comment
U.S. tax preparers in foreign countries are one of the groups that expressed concern in recent days about how the Internal Revenue Service’s proposal for registering and identifying tax preparers will affect them.
Administration’s International Tax Proposals Stand-Alone Provisions, Not Package, Treasury International Tax Counsel Says
March 24, 2010 in Daily Tax Report · Leave a Comment
The international tax proposals in the Obama administration’s fiscal year 2011 budget should be viewed as individual provisions that can be included in legislation for…


