International taxes

The Internal Revenue Service has issued a notice extending the time under which certain transitional rules for the Foreign Account Tax Compliance Act, or FATCA, will apply.

In its hunt for tax cheats, the U.S. Internal Revenue Service is headed to Belize.

The tax law firm Burt, Staples & Maner LLP has joined Ernst & Young as the accounting firm expands its international tax practice.

It’s the beginning of the end of the filing date disconnect between foreign bank account reports and income tax returns.

Many tax practitioners will meet holders of foreign accounts who have either deliberately or unintentionally failed to accurately report their foreign accounts and will need to advise them on the best way to make the disclosure to the Internal Revenue Service.

Prime Minister Narendra Modi needs to offer much more than just his best intentions to clean up India’s whimsical tax regime to help convince insurers.

Microsoft Corp.’s stockpile of offshore profits rose to $108 billion, with a 17 percent increase over the past year as the company continues reaping profits in low-tax foreign jurisdictions.

Business executives are giving mixed predictions on when and if tax reform will finally happen in Washington, in a new survey.

UBS AG and a banker-turned-whistleblower were deemed to have too “unclean hands” to bring a malicious prosecution lawsuit against a real-estate developer who had accused them of duping him into filing a false tax return.

House Democrats introduced two bills to shore up the Highway Trust Fund with money from corporate taxes.

The U.S., Japan and Europe are being accused of blocking developing countries from participating in efforts to combat international tax evasion.

The United Nations Development Program and the Organization for Economic Cooperation and Development have launched a new global initiative to help developing countries bolster their domestic revenues by strengthening their tax audit capacities.

The Senate Finance Committee released a series of reports Wednesday from five bipartisan tax working groups working on various aspects of tax reform.

Step aside, Doctors Without Borders. A new class of professionals is ignoring national frontiers to come to the aid of economically struggling nations.

The Obama administration quietly handed a victory to U.S. companies that avoid taxes by claiming a foreign address, suggesting that virtually all of them are still eligible for government contracts.

Tunde Fowler used to get death threats when he began collecting levies in Nigeria’s commercial hub of Lagos 10 years ago. Today he gets hailed as Tax Muyiwa, a nickname that means “bring your tax” in the local Yoruba language.

The Practising Law Institute has released the Foreign Account Tax Compliance Act Answer Book 2015, a new Q&A guide that provides information on FATCA.

Wolters Kluwer Tax & Accounting US has introduced the CCH International Tax Compliance Calendar, an interactive tool that delivers key deadline dates to tax professionals for up to 112 tax jurisdictions around the world.

The Tax & Accounting business of Thomson Reuters has debuted a new video interview series, Tax Talk, in which reporters talk with leaders in the world of tax and finance.

The owner of a brothel in Salzburg, Austria has found an innovative way to protest what he sees as punitive taxation and regulation of his industry: offering free sex and drinks to patrons all summer.