The Sustaining Infrastructure Program manages the replacement of aged information technology hardware infrastructure that provides the foundation for technology services and supports the IRS’s most critical business needs. The management, maintenance, and ongoing...
As globalization continues to reduce barriers to cross-border commerce, tax authorities around the world have increased information exchanges with other countries to administer and enforce the tax laws of their respective countries. It is important for the IRS to...
IRS officials today reminded foreign financial institutions to renew their Foreign Financial Institution (FFI) agreement if required. These FFIs have until Oct. 24, 2017 to complete their renewal. Those that don’t renew their agreements could be removed from the...
In a statement, the White House said, «The current tax code is a burden on American taxpayers and harmful to American job-creators. It has grown out of control in length and complexity so that many Americans must rely on professional help to file even the simplest...
The Republican National Committee (RNC) has urged president Donald Trump to replace citizenship-based taxation, and therefore scrap the Foreign Account Tax Compliance Act (Fatca), in his tax reform package. The RNC approved a resolution supporting territorial taxation...
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