The IRS and FinCEN reminds U.S. citizens, resident aliens and any domestic legal entity that the deadline to file their annual Report of...

On April 7, 2022, Internal Revenue Service (IRS) Commissioner Charles P. Rettig testified on agency operations and the President’s 2023 budg

On March 31, 2022, the Cayman Tax Information Authority (TIA) published the Enforcement Guidelines in respect of the Common Reporting Standa

On March 31, 2022, the States of Guernsey Revenue Service published Common Reporting Standard (CRS) and Foreign Account Tax Compliance Act (

On April 1, 2022, the Internal Revenue Service (IRS) published a Memorandum for all Large Business and International (LB&I) employees that r

On April 1, 2022, the Australian Tax Office (ATO) published a new third-party data governance guide that focuses on investment industry tax

In March 2022, the Antigua and Barbuda Inland Revenue Department published its own Common Reporting Standard (CRS) Compliance Form that must

On March 28, 2022, President Joe Biden released the FY2023 Budget and the U.S. Department of the Treasury released a document to explain the

President Biden’s On March 28, 2022, President Joe Biden released the FY2023 Budget and the U.S. Department of the Treasury released a docum

Beginning in calendar year 2022, crowdfunding websites or their payment processors may be required to report certain distributions of money

On March 22, 2022, the Organisation for Economic Cooperation and Development (OECD), published a public consultation document regarding...

In case you missed it, on March 17, 2022, in an effort to inflict economic pain on President Putin and his regime, the United Kingdom (UK) s

On March 23, 2022, the Internal Revenue Service (IRS) published FATCA Certification FAQ number 22 regarding how to submit a FATCA certificat

On March 21, 2022, the Internal Revenue Service published an important Covid Tax Tip 2022-43 regarding incorrect or missing Forms W-2 or 109

On March 15, 2022, the Internal Revenue Service (IRS) published a 2022 revision of Publication 5190, International Data Exchange Services (I

On March 10, 2022, the Canada Revenue Agency (CRA) published revisions to its Guidance on the Canada-U.S. Enhanced Tax Information Exchange

The deadlines for reporting 2021 information under the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) ar

On March 3, 2022, the Internal Revenue Service released Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities,...

On February 28, 2022, the IRS published Instructions for Form 941 (Rev. March 2022), Employer's QUARTERLY Federal Tax Return. Among the new

On February 28, 2022, the IRS published a new version of Publication 1220, Specifications for Electronic Filing of Forms 1097, 1098, 1099, 3

On February 22, 2022, (2/22/22), the Internal Revenue Service (IRS) updated FAQ9 and FAQ10 regarding periodic certifications of Qualified In

In addition to the updates in our December 2021 post on the DRAFT General Instructions found here, the FINAL version includes information re

The Cayman Department of International Tax Cooperation (DITC) published a February 2022, Updates Bulletin, which includes a number of timely

The Cayman Department for International Tax Cooperation (DITC) published an updated User Guide version 9.0 for use in 2022. Important updat