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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.
US Treasury Aims To Lower FATCA Burdens , by Mike Godrey, Tax-News.com, Washington
Last updated 19 hours ago | Friday, January 27, 2012
During her remarks at the New York State Bar Association Annual Meeting, Acting
Assistant Secretary for Tax Policy, Emily McMahon, indicated that regulations
for the implementation of the provisions of the Foreign Account Tax Compliance Act are in the final stages of clearance at the United States Treasury and
the Internal Revenue Service. [ FULL
STORY ]
WTO To Ease LDC Accession Requirements, by Ulrika Lomas, Tax-News.com, Brussels
Last updated 22 hours ago | Friday, January 27, 2012
The Sub-Committee on Least Developed Countries, on January 20, agreed to start
work on developing recommendations to “further strengthen, streamline and operationalize”
current guidelines on the accession process of LDCs, as called for in a decision
by the Eighth WTO Ministerial Conference last month. [ FULL
STORY ]
Bill To Extend US Social Security To Puerto Rico , by Leroy Baker, Tax-News.com, New York
Last updated 21 hours ago | Friday, January 27, 2012
Puerto Rico’s Resident Commissioner, Pedro Pierluisi, has introduced proposed
legislation into the United States Congress that looks to extend the Supplemental
Security Income programme to Puerto Rico, as well as to Guam, the US Virgin
Islands and American Samoa. [ FULL
STORY ]
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