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> Information provided on this site is for general guidance only and is often simplified. Actual IRS procedures are complex, and taxpayers should obtain professional assistance or use IRS sources for complete information.

 

Debate Begins On US 'Innovation Box' Proposal,
by Mike Godfrey, Tax-News.com, Washington
Last updated 8 hours ago | Thursday, July 30, 2015
A discussion draft has been released on legislation to create an "innovation box" regime in the United States, to encourage domestic investment in research and development. [ FULL STORY ]
Brookings Examines Obamacare's 'Cadillac' Tax,
by Mike Godfrey, Tax-News.com, Washington
Last updated 34 hours ago | Wednesday, July 29, 2015
Following attacks in the US Congress on the excise tax that is to be imposed on so-called "Cadillac" high-cost health insurance plans by the Affordable Care Act (ACA), David Wessel at the Brookings Institution has looked at its rationale. [ FULL STORY ]
Luxembourg Further Extends FATCA Reporting Deadline,
by Ulrika Lomas, Tax-News.com, Brussels
Last updated 34 hours ago | Wednesday, July 29, 2015
The Luxembourg Inland Revenue has informed financial institutions in Luxembourg that their filing deadline in respect of the 2014 reporting year under the US Foreign Account Tax Compliance Act has been deferred again to August 31, 2015. [ FULL STORY ]

 
 



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