May 261 minBVIFars Portal Fee Update!On May 18, 2022, the British Virgin Islands (BVI) Ministry of Finance, International Tax Authority (ITA), published an announcement that...
May 231 minDRAFT 2022 Form 8804!On May 19, 2022, the Internal Revenue Service (IRS) published a DRAFT 2022 Form 8804, Annual Return for Partnership Withholding Tax...
May 201 minHMRC Brings in More than £500 million through AEoIOn May 17, 2022, in a keynote speech Lucy Frazer MP, Financial Secretary to the Treasury, stated that the increase in global transparency ha
May 201 minSwiss Federal Council Announces AEoI with 12 Additional Partner StatesOn May 18, 2022, in Switzerland, the Federal Council adopted the dispatch on the introduction of the automatic exchange of information (AEoI
May 201 minHMRC Updates Internal Manual For Tax Compliance Risk ManagementIn May, HM Revenue and Custom (HMRC) updated its internal manual related to Tax Compliance Risk Management. This guidance is for Large Busi
May 191 minTaiwan Extends CRS Reporting Deadline to August 1 On May 18, 2022, the Taiwan Ministry of Finance announced its plans to extend the reporting period for 2021 financial account information re
May 171 minChina Extends its CRS Reporting Deadline!China’s State Administration of Taxation announced on its Multlateral Tax Data Service Platform that the deadline for submitting Common Repo
May 171 minNew IRS FAQs for file sharing during LB&I AuditsThe Internal Revenue Service (IRS) published a set of Frequently Asked Questions (FAQs) related to the Large Business and International (LB&
May 121 minNew QI, WP, WT FAQ 20!On May 10, 2022, the Internal Revenue Service (IRS) published a new Qualified Intermediary (QI), Withholding Foreign Partnership (WP), and W
May 101 minATO Matters Under Consultation - AEOI Guide and ToolkitIn case you missed it, the Australian Taxation Office (ATO) registered an Automatic Exchange of Information (AEOI) guide and toolkit for Rep
May 101 minDRAFT Instructions for Requester of Forms W-8!!On May 7, 2022, the Internal Revenue Service (IRS) published DRAFT Instructions for the Requester of Forms W-8BEN, BEN-E, ECI, EXP, and IMY,
May 101 minOECD Publishes CARF Comments and Invitation to Public Consultation!On May 2, 2022, the Organisation for Economic Cooperation and Development (OECD) published comments received with respect to the Crypto-Asse
May 102 minNew Publication 1187 as of May 2022!On May 4, 2022, the Internal Revenue Service (IRS) published an updated Publication 1187, Specifications for Electronic Filing of Forms 1042
May 52 minNotice 2022-23 Proposed Amendments to the QI Agreement!On May 3, 2022, the Internal Revenue Service (IRS) published Notice 2022-23 which sets forth the proposed amendments to the Qualified Interm
May 31 minIreland Revenue Clarifies Tax Treatment of Crypto-Assets in TDMOn April 27, 2022, Ireland Revenue published an update to its Tax and Duty manual (TDM) Part 02-01-03 taxation of crypto-asset transactions.
May 32 minBermuda CRS Deadlines Extended and Reminders!On April 28, 2022, the Bermuda Ministry of Finance (the Ministry) published a notice of extended CRS deadlines and other reminders. Due to
Apr 291 minIRS Announces IDES Testing Session From June 6 through July 1, 2022!On April 27, 2022, the Internal Revenue Service (IDES) published Issue Number 2022-02 regarding the Foreign Account Tax Compliance Act (FATC
Apr 291 minIRS Invites Recommendations on 2022-2023 Priority Guidance PlanOn April 26, 2022, the Internal Revenue Service (IRS) published Notice 2022-21, which invites the public to recommend items that they...
Apr 291 minUK Extends Rules Implementing CRS!On April 25, 2022, the International Tax Compliance (Amendment) Regulations 2022 were made and then laid before the House of Commons on...
Apr 292 minSingapore FATCA Updates!On April 25, 2022, the Inland Revenue Authority of Singapore (IRAS) published an announcement regarding Foreign Account Tax Compliance Act (