Brazil Poised to Overhaul Its Transfer Pricing Rules
As part of its bid to join the OECD, Brazil is working on a major overhaul of its rules governing transfer pricing—the way a group’s related entities value transactions between themselves. Historicall...
5 Maj 202214min
The NFT Market Is Booming, but Few States Are Imposing Taxes
Have you noticed digital works of art with names like Cool Cats, CryptoPunks, and Bored Ape Yacht Club while surfing the web or posting a snarky tweet? They’re all examples of non-fungible tokens, or ...
28 Apr 202221min
Broken IRS Vexed by Problems Money Alone Won't Solve
The IRS is struggling. As millions of Americans completed their annual tradition of filing taxes earlier this week, they again connected with a sprawling government agency besieged by issues that mone...
21 Apr 202224min
OECD Tax Pact Consultations Put Pressure on Advisers
The quick pace of consultations into complex new rules from the OECD is keeping tax practitioners busy. The Paris-based institution has already in 2022 launched several consultations into the “buildin...
14 Apr 202216min
Developing Countries to Get Global Tax Deal Help
The OECD's Inclusive Framework on Base Erosion and Profit Shifting is aiming to help developing countries implement a global agreement to change how multinational companies are taxed, according to the...
7 Apr 202213min
OECD Crypto Guidance Signals 'Tsunami' of Regulations
The OECD released a draft framework March 22 that would standardize how global tax authorities regulate and share tax information related to cryptocurrency assets. The draft—called the Crypto-Asset Re...
31 Mars 202215min
Court Tax Regulatory Rulings Offer Early Legal Insight
Recent court rulings striking down two Internal Revenue Service reporting requirements suggest the agency may need to change its procedures so that its rules will hold up in court. The U.S. Court of A...
24 Mars 202216min
Gas Tax Holidays Are Coming, But Are They Smart?
Gasoline prices have reached record highs in recent weeks, spurring lawmakers across the country to look for ways to offer some relief. A popular target: the excise taxes the federal government and st...
17 Mars 202219min
