/tax-authority/international?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Tax Authority International Copyright 2025 ¼«ËÙÈü³µ. en-US Tue, 29 Jul 2025 20:29:49 +0000 /tax-authority/international/articles/2370783?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2370783 The IRS said Tuesday that revised proposed rules for the corporate alternative minimum tax will accommodate different approaches to calculating a partnership's investment income, including the top-down approach permitting a corporate partner to use figures that the partner reported in its own financial statement. Tue, 29 Jul 2025 18:33:57 +0000 /tax-authority/international/articles/2367856?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2367856 It's regrettable that Congress loosened rules allowing companies to deduct interest costs from tax liabilities in its latest budget, which as a whole is poised to worsen the country's fiscal trajectory while prompting higher interest rates, a panel of economists said Tuesday. Tue, 29 Jul 2025 18:31:10 +0000 /tax-authority/international/articles/2370759?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2370759 President Donald Trump will decide whether to extend a tariff delay another 90 days for Chinese imports after U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer met with Chinese officials to discuss trade matters, the officials told reporters Tuesday in Stockholm. Tue, 29 Jul 2025 17:58:18 +0000 /tax-authority/international/articles/2370677?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2370677 The U.S. Department of the Treasury should publish guidance aimed at preventing foreign corporations from circumventing the new budget law's limits on energy tax credits by starting construction before the restrictions kick in, a solar technology and manufacturing company said in a letter Tuesday. Tue, 29 Jul 2025 17:19:15 +0000 /tax-authority/international/articles/2369683?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2369683 Pervasive uncertainty surrounds international trade policy as the U.S. takes mercurial swings at the world with tariffs, including a quelled-for-now quasi embargo of China, and while lasting economic fallout hasn't materialized at home, partners abroad are aiming to replace reliance on the American market. Here, ¼«ËÙÈü³µ looks ahead at international trade policy during the latter half of one of the most consequential years in the field's history. Tue, 29 Jul 2025 17:14:37 +0000 /tax-authority/international/articles/2370424?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2370424 President Donald Trump criticized Tuesday the British government's 78% taxes on North Sea oil as a policy that "makes no sense," a day after speaking with Prime Minister Keir Starmer about trade and other issues. Tue, 29 Jul 2025 17:11:47 +0000 /tax-authority/international/articles/2370438?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2370438 A former senior Internal Revenue Service employee who served as the agency's acting commissioner this year has joined KPMG LLP's Washington national tax practice as a senior managing director, the firm announced. Tue, 29 Jul 2025 13:43:50 +0000 /tax-authority/international/articles/2370433?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2370433 Switzerland reached an agreement with Belgium to add an anti-abuse clause focused on the primary purpose of transactions to the countries' tax treaty while similar changes to the Serbian-Swiss treaty have come into force, the Swiss finance ministry said Tuesday. Mon, 28 Jul 2025 19:23:47 +0000 /tax-authority/international/articles/2369889?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2369889 New Internal Revenue Commissioner Billy Long vowed Monday to engage more directly with agency employees to improve taxpayer service, emphasizing that he does not want to be a "Wizard of Oz"-style leader hiding behind a curtain. Mon, 28 Jul 2025 16:59:40 +0000 /tax-authority/international/articles/2368106?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2368106 As a two-time boomerang partner, returning to BigLaw after stints as a U.S. attorney and the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, people ask me how I know when to move on, but there’s no single answer — just clearly set your priorities, says Steven Dettelbach at BakerHostetler. Mon, 28 Jul 2025 16:42:56 +0000 /tax-authority/international/articles/2369789?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2369789 The European Union and the U.S. government have reached a deal for a 15% U.S. tariff rate on EU goods from most industry sectors, including cars, semiconductor chips and pharmaceuticals, avoiding the 30% rate that was due to take effect next month. Mon, 28 Jul 2025 14:25:38 +0000 /tax-authority/international/articles/2369833?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2369833 A Japanese businessman and the federal government