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Int’l task force sees success in cracking down on tax crimes

A group of five national tax authorities has been working together for the past two years on cooperating in the fight against tax crimes, with one man pleading guilty last week in Germany to fraud charges involving cryptocurrency.

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IRS issues final rules on FDII and GILTI deductions

The Internal Revenue Service has released final regulations on deductions for two of the international tax regimes introduced under the Tax Cuts and Jobs Act of 2017: foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI) for U.S.-based multinational ...

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Digital services taxes face barriers

But they remain attractive to countries looking to countries looking to tax U.S. tech giants and to U.S. states hungry for revenue.

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