BDO News

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

BDO Indirect Tax News – October 2015

The latest edition of BDO International’s Indirect Tax News covers current global developments in relation to indirect tax, including Australia’s “Goods and Services Tax” on tangible and intangible goods, the Court of Justice of the European Union (CJEU) judgment in support of the recovery of VAT on corporate finance deals ... read more

Tax Alert – October 2015

Could You Be a Victim of Tax Identity Theft?

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Recently, the IRS has investigated more vigorously identity theft schemes which steal taxpayers’ refunds. These acts of fraud can not only significantly delay an individual’s refund, but they can cause a great deal of time and stress to resolve. This ... read more

International Tax Alert – October 2015

Brazil Update – Tax Report on Tax Planning Strategies

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Date/Timing

Effective date of new tax planning disclosure requirement delayed until Tax Authorities issue a Normative Instruction providing more details.

Affecting

This requirement affects all Brazilian taxpayers that engage in certain transactions that result in some type of tax benefit (e.g., elimination, reduction, ... read more

State and Local Tax Alert – October 2015

New Hampshire Reduces Corporate Tax Rates, Establishes Tax Amnesty, Formalizes Voluntary Disclosure Program, and Authorizes the Department to Participate in MTC Audits

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Summary

On September 16, 2015, New Hampshire Governor Maggie Hassan signed into law Senate Bill 9, 2015 Session (“S.B. 9”) and, on the same day, the New ... read more

International Tax Alert – October 2015

Her Majesty’s Revenue & Customs Issues Revenue and Customs Brief in Response to the United Kingdom’s Supreme Court Decision in the Anson Case  

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Summary

On September 25, 2015, the United Kingdom tax authority, Her Majesty’s Revenue & Customs (“HMRC”), issued Revenue & Customs Brief 15 (“Brief 15”) in ... read more

International Tax Newsletter – September 2015

The September edition of BDO China’s China Tax Newsletter features recent tax-related news and developments in China, including the following topics:  

New Mode of Declaration Upon Tax Payment Obligation Put into Force by Shenzhen Local Tax Bureau Continuous Implementation of Preferential Tax Policies for Small and Micro Enterprises Clarification on Offset of Input ... read more

State and Local Tax Alert – September 2015

Texas Administrative Law Judge Grants Taxpayer’s Use of a Margins Tax Business Loss Carryforward Credit Claimed on a Late Filed Return

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Summary

On July 17, 2015, a Texas Administrative Law Judge (“ALJ”) issued a decision in which the ALJ recommended a refund to a taxpayer (“Taxpayer”) with respect to a business ... read more

State and Local Tax Alert – September 2015

Washington Enacts Legislation to Improve Administration of Unclaimed Property

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Summary

On July 1, 2015, Washington Governor Jay Inslee signed into law Senate Bill No. 6057, 64th Legislature, 3rd Special Session (Wa. 2015) (“S.B. 6057”).  S.B. 6057 incorporates important changes that are intended to improve compliance with and the administration ... read more

Federal Tax Alert – September 2015

Section 199 Temporary and Proposed Regulations Issued

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On August 27, 2015, the Federal Register published IRS temporary regulations (T.D. 9731) related to how to calculate Section 199’s W-2 wage limitation for short taxable years, and proposed regulations (REG-136459-09) related to qualified oil related activities, qualified film rules, Puerto ... read more

BDO Transfer Pricing Alert – August 2015

The Tax Court Strikes Down Cost-Sharing Regulations’ Requirement to Share Stock-Based Compensation Costs

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Summary

In a partial summary judgment decision rendered on July 27, 2015, the United States Tax Court (“Tax Court”) struck down the 2003 amendment to the Internal Revenue Code (“IRC”) § 482 cost sharing regulations that ... read more