IRS News

May, 202027 France To Press On With Digital Tax

French Finance Minister Bruno Le Maire has said that the Government intends to introduce a digital services tax this year.

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May, 202014 Bill Would Exclude US Territories, Possessions From GILTI Regime

On May 4, 2020, a bill was introduced in the United States House of Representatives to limit the impact of the Global Intangible Low Tax Income regime on businesses based in US territories and possessions.

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May, 202014 US IRS Sets Out Details Of COVID-19 Tax Breaks

On May 7, 2020, the United States Internal Revenue Service issued a reminder to employers affected by COVID-19 about the tax credits made available to them under the Coronavirus Aid, Relief, and Economic Security Act.

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