BDO News

This is a feed of the latest BDO USA Tax Publications.

R&D Tax Alert – August 2017

New Guidance for Research Tax Credit Payroll Offset Timing and Procedures Summary

Under the Protecting Americans from Tax Hikes (“PATH”) Act of 2015, eligible small businesses may elect to utilize up to $250,000 of the Research Tax Credits (“RTCs”) they generate under Internal Revenue Code section 41 after 2015 against their portion ... read more

State and Local Tax Alert – August 2017

States’ 2017 Legislation Sessions and Administrative Actions Show That Spread of Economic Nexus for Sales and Use Tax and Other Provisions Aimed At Remote Sellers Are Not Slowing Down Summary

Despite the U.S. Supreme Court’s 1992 decision in Quill Corp. v. North Dakota, in which the Court held that a remote seller ... read more

Private Client Services Alert – August 2017

As the summer heats up, so apparently does the frequency of fraudulent calls by individuals posing as IRS or United States Treasury officials.  This observation is based on our experience here at BDO as we recently noticed an increase in client calls to us regarding this type of activity. 

This Client ... read more

August Recess and the State of Play on Tax Reform

Congress is about to adjourn for its 2017 August Recess (except that the Senate will remain in session just long enough to prevent Presidential recess appointments, so I’ll refer to that as “August break”), and tax reform continues to be at the top of the legislative agenda of both the ... read more

Federal Tax Alert – August 2017

NHL Team Prevails in Tax Case:  Away from Home Meals are 100 Percent Deductible

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Summary

The Boston Bruins case represents a potential (but not guaranteed) opportunity for employers outside of the sports industry to deduct 100 percent for meals provided to their employees far away from the business premises.

In general, ... read more

Federal Tax Alert – August 2017

IRS Confirms ACA Penalties Still Apply, So ACA Reporting on Forms 1094 and 1095 Continues Too

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Summary

Amidst the White House and legislative activities aimed at repealing the Affordable Care Act (“ACA” or colloquially referred to as “Obamacare”), many employers are questioning whether the ACA penalties will be enforced for ... read more

State and Local Tax Alert – August 2017

Oregon Enacts Market-based Sourcing Statute Summary

On July 3, 2017, Oregon Governor Kate Brown (D) signed S.B. 28 to enact market-based sourcing for sales of services and sales or licenses of intangibles for corporation income tax purposes.  As a result, market-based sourcing for Oregon’s single sales factor apportionment formula will be required ... read more

International Tax Newsletter – August 2017

The Indian Tiffin XI – from BDO India

A bi-monthly publication from BDO India, “The Indian Tiffin” brings together business information, facilitating decision-making from a multi-dimensional perspective. The unique name of this thought leadership piece is inspired most literally by Indian tiffins, referring to home cooked lunches delivered to the working population ... read more

BDO Transfer Pricing News – August 2017

Transfer pricing is increasingly influencing significant changes in tax legislation around the world. This 24th issue of BDO’s Transfer Pricing Newsletter focuses on recent developments in the field of transfer pricing in Argentina, Australia, Germany, Italy, The Republic of Korea, and Singapore.  

ARGENTINA: News on Transfer Pricing Documentation in Argentina and ... read more

International Tax Alert – July 2017

Recent International Tax News: Delayed Applicability in 385 Documentation Requirements and Abandonment of Border Adjustment Tax Proposal Summary

In Notice 2017-36 (the “Notice”), the Department of the Treasury and the Internal Revenue Service (hereinafter, collectively “Treasury”) announced a delay in the application of the documentation requirements in the Section 385 Regulations by ... read more