Foreign Persons News Today

Proposed changes to how the Committee on Foreign Investment in the United States (CFIUS) can request information and impose civil penalties signal that CFIUS will increasingly focus on...

A new investigation of a deadly fire that killed 40 migrants in a locked detention cell in Mexico shows that keys and fire extinguishers were readily available, but withheld.

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of March 18, 2024 – March 22, 2024.

New Tri-Seal Compliance Note highlights sanctions and export control compliance expectations for non-U.S. persons. Three agencies overseeing U.S. trade law compliance...

Robert Goulder considers whether a taxpayer-friendly outcome in Farhy would spark a general reformation of the IRS international information reporting penalties.

Tax season is here, and the march towards digitization of records and electronic filing continues. Wendy Walker, solutions principal at Sovos, told PYMNTS…

Wendy Walker of Sovos tells PYMNTS that new e-File requirements for Form 1042 underscore challenges firms face as the IRS modernizes tax reporting.

As the People’s Republic of China (PRC) has emerged as a major economic power and competitor, the U.S. has leaned heavily on and enhanced its foreign direct investment regime over...

2022 Benchmark Survey. The Bureau of Economic Analysis ("BEA") is a federal agency under the U.S. Department of Commerce that produces accurate and objective statistics on the U.S. Economy.

Financial services providers that are subsidiaries of a non-U.S. parent (or that have received substantial direct investment from abroad) should evaluate whether they are required to...