New Internal Revenue Service and Automatic Exchange of Information Guidance in May 2020 Over the last few weeks, a number of countries have published guidance regarding reporting in the year 2020.
What do we do while we wait? Any organizations making payments subject to U.S. federal tax withholding and information reporting or any Automatic Exchange of Information
New Internal Revenue Service and Automatic Exchange of Information Guidance in April 2020 Anyone making payments of U.S. reportable income will be interested in a listing of notable new guidance posted by the Internal Revenue Serv
The Cayman Islands announced updates for both FATCA and CRS reporting in response to COVID-19 The Department for International Tax Cooperation (DITC) of the Cayman Islands announced updates for both FATCA and CRS reporting in respo...
Global Response to the COVID-19 Crisis for AEoI Reporting in the year 2020 Over the last few weeks, a number of countries have published guidance regarding reporting in the year 2020. Due to the ongoing COVID-19 cri
Important Links for Information on COVID-19 Over the past few months we have seen efforts by governments around the world take steps to provide relief for those taxpayers impacted by C
Important Form 1042 Reminders for this Reporting Season Over the last decade, we have seen both subtle and not so subtle changes to the Form 1042, Annual Withholding Tax Return for U.S. Source Inc
New Internal Revenue Service Guidance in January 2020 Anyone making payments of U.S. reportable income will be interested in a listing of notable new guidance posted by the IRS
Final Regulations Published in January 2020 On January 2, 2020, the Treasury and IRS published final regulations and removal of temporary regulations under chapters 3, 4, and 61 of the
Financial Institutions – Tips for Year End Information Returns and Related Workpapers Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS). Begin preparing for these automatic exchange of informa
