Solar eclipse of 1806 created excitement
Longtime readers of this column know that I write almost exclusively about local 20th century history, with just a few exceptions (the name of the column is “Our Times,” after
Source: suncommercial.com
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Notice 2024-16 Announces Limited Guidance Under Section 961(c) - Tax Authorities
On December 28, 2023, the U.S. Treasury Department ("Treasury") and the U.S. Internal Revenue Service ("IRS") released Notice 2024-16 (the "Notice")...
Source: mondaq.com
Notice 2024-16 Announces Limited Guidance Under Section 961(c) | Shearman & Sterling LLP
On December 28, 2023, the U.S. Treasury Department (“Treasury”) and the U.S. Internal Revenue Service (“IRS”) released Notice 2024-16 (the “Notice”), announcing their plan to issue...
Source: jdsupra.com
Breaking Down The Section 48 Investment Tax Credit Proposed Regulations - Renewables
The U.S. Department of the Treasury and IRS on Nov. 17, 2023, released long-awaited proposed regulations (Proposed Regulations) regarding the investment tax credit (ITC) under Section 48 of the Internal Revenue Code.
Source: mondaq.com
The US Tax Court Rules The IRS Lacks Statutory Authority To Assess International Information Return Penalties - Tax Authorities
On April 3, 2023, the Tax Court in Farhy v. Commissioner rejected IRS efforts to impose penalties on a taxpayer's failure to file Form 5471. According to the Tax Court, these foreign...
Source: mondaq.com