On October 24, the IRS issued a reminder to taxpayers that they may receive Form 1099-K, Payment Card and Third-Party Network Transactions,

On October 11, 2022, the IRS announced that it has identified Sponsoring Entities that do not have Sponsored Entities registered in the FATC

On October 3, 2022, the IRS announced that it will soon transition the Qualified Intermediary, Withholding Foreign Partnership, Withholding

Comply Exchange is excited to welcome Colin Brien onboard as their Chief Growth Officer. Colin has spent the majority of this career in pub

The deadline for all Qualified Intermediary (QI) (including Qualified Derivatives Dealer), Withholding Foreign Partnership (WP) and Withhold

On July 8, the U.S. Treasury Department provided notice to Hungary that it is terminating the U.S.-Hungary income tax treaty, first enacted

On July 7, 2022 the Department for International Tax Cooperation (DITC) of the Cayman Islands posted an Industry Advisory with a reminder of

On June 30, 2022, the Bahamas Competent Authority posted an updated CRS-AEOI Partner List effective as of June 27, 2022. Curacao, Ecuador, a

On June 16, 2022, the IRS provided an update on the transition to the new Information Returns TCC (IR-TCC) Application for Filing Informatio

On May 18, 2022, the British Virgin Islands (BVI) Ministry of Finance, International Tax Authority (ITA), published an announcement that...

On May 19, 2022, the Internal Revenue Service (IRS) published a DRAFT 2022 Form 8804, Annual Return for Partnership Withholding Tax...

On May 17, 2022, in a keynote speech Lucy Frazer MP, Financial Secretary to the Treasury, stated that the increase in global transparency ha

On May 18, 2022, in Switzerland, the Federal Council adopted the dispatch on the introduction of the automatic exchange of information (AEoI

In May, HM Revenue and Custom (HMRC) updated its internal manual related to Tax Compliance Risk Management. This guidance is for Large Busi

On May 18, 2022, the Taiwan Ministry of Finance announced its plans to extend the reporting period for 2021 financial account information re

China’s State Administration of Taxation announced on its Multlateral Tax Data Service Platform that the deadline for submitting Common Repo

The Internal Revenue Service (IRS) published a set of Frequently Asked Questions (FAQs) related to the Large Business and International (LB&

On May 10, 2022, the Internal Revenue Service (IRS) published a new Qualified Intermediary (QI), Withholding Foreign Partnership (WP), and W

In case you missed it, the Australian Taxation Office (ATO) registered an Automatic Exchange of Information (AEOI) guide and toolkit for Rep

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,

On May 2, 2022, the Organisation for Economic Cooperation and Development (OECD) published comments received with respect to the Crypto-Asse

On May 4, 2022, the Internal Revenue Service (IRS) published an updated Publication 1187, Specifications for Electronic Filing of Forms 1042

On May 3, 2022, the Internal Revenue Service (IRS) published Notice 2022-23 which sets forth the proposed amendments to the Qualified Interm

On April 27, 2022, Ireland Revenue published an update to its Tax and Duty manual (TDM) Part 02-01-03 taxation of crypto-asset transactions.