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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.

 

Noonan Asserts Ireland's Direction On Tax Policy,
by Lorys Charalambous, Tax-News.com, Cyprus
Last updated 3 hours ago | Wednesday, October 22, 2014
"The issue of substance and taxation is, and always will be, a core column of the Irish taxation system," Michael Noonan, Ireland's Finance Minister, said at his Department's Tax Policy Conference on October 21, 2014, underscoring that Ireland's strategy is to play fair but play to win. [ FULL STORY ]
IRS Advised To Improve Its Controls Over Tax Information,
by Mike Godfrey, Tax-News.com, Washington
Last updated 12 hours ago | Wednesday, October 22, 2014
Management oversight and internal controls at the Internal Revenue Service's Office of Safeguards should be improved to ensure the effective protection of United States federal tax information, according to an audit report released publicly by the Treasury Inspector General for Tax Administration. [ FULL STORY ]
Wyden Pushes US Tax Reform As Inversion Activity Slows,
by Mike Godfrey, Tax-News.com, Washington
Last updated 12 hours ago | Wednesday, October 22, 2014
Senate Finance Committee Chairman Ron Wyden has indicated that, as companies appear to be reconsidering inversions following the administrative measures put forward by the Treasury Department last month, he is focused on reforming the US tax code, rather than pressing for immediate anti-inversion legislation. [ FULL STORY ]

20/10/2014 UK Tax Gap Widens
 
 



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