The Tax Exchange
Tax discussions for the business leader
Fringe benefits still largely intact after tax reform
Despite minimal impact, employers likely need to change processes or reporting related to fringe benefits in order to comply with tax reform.
India proposes draft master file and CbC reporting rules
India’s Central Board of Direct Taxes has recently introduced draft rules for public comment that implement master file and country-by-country (CbC) fling requirements.
Tax reform: international planning considerations
Taxpayers with international activities will quickly realize that tax reform has taken the complex world of international taxation and added several additional layers of complexity.
Federal tax reform and the states: Conformity is key
With the passage of federal tax reform, both business and personal income taxpayers will need to consider how the federal changes will affect state law. Currently, state conformity to the federal tax code is as varied as the state names themselves, that is to say, state conformity must be observed on a state-by-state basis.
Pennsylvania provides guidance on the corporate NOL limitation
Understand the latest guidance from Pennsylvania regarding net operating losses, including how changes to the NOL limitation for the 2017 and later tax years must be taken into account as fourth quarter events.
US companies with expatriates should consider the new tax proposals
As new tax bills are proposed and debated, U.S. companies may want to explore the effect on their expatriate workforce, particularly with respect to global mobility.