Relative accuracy; greatest cyberthreats; end-of-year conferences; and different highlights from our favourite tax bloggers.
Thought, politics, repeat
Usually favorable
- HBK (
https://hbkcpa.com/insights/ ): A take a look at ultimate regs addressing foundation consistency for sure inherited property. They “handle various considerations from practitioners and are usually considered as favorable.” - TaxProf Weblog (
http://taxprof.typepad.com/taxprof_blog/ ): The tip of multinationals’ tax avoidance could also be in sight (perhaps) after reform spearheaded by the Group for Financial Cooperation and Growth below its Base Erosion and Revenue Shifting mission. BEPS started as a technical mission to determine and suggest treatments for a lot of complicated planning strategies in cross-border taxation, however its scope has develop into extra formidable. - Tax Notes (
https://www.taxnotes.com/procedurally-taxing ): The Fifth Circuit has issued a per curiam opinion on Johnson v. Commissioner that, amongst different factors, addressed the requirement for supervisory approval of penalties with an exception for penalties which can be “robotically calculated by way of digital means.” Appears the IRS does not at all times should be as correct as the remainder of us. - Avalara (
https://www.avalara.com/weblog/en/north-america.html ): A take a look at the brand new gross sales tax amnesty program in Massachusetts. - Marcum (
https://www.marcumllp.com/insights ): Terrible colourful names spotlight the previous month’s large cyberthreats. - Tax Basis (
https://taxfoundation.org/weblog ): Favourite headline of the week: “Why Ought to I Care In regards to the Company Tax Price?”
Surprises anticipated and in any other case
