After competing for the lowest tax rates for years, 132 countries holding 90% of the world’s GDP have agreed to a framework for a global minimum tax on corporations. The plan, described in an OECD Statement, is a two-pillar package... Read More
The congressional tax-writing committees are considering bipartisan legislation that would provide an unprecedented boost in retirement savings. The far-reaching proposals are being billed as the “SECURE 2.0 package”, an extension to the 2019 SECURE Act, which increased the age for... Read More
In this world of increased data and cyber-security risk, institutional investors have increased their awareness and due diligence requirements of private equity firms. FD’s National Practice Leader, Bob Woosley discusses the evolving trends in the diligence of private equity firms... Read More
President Biden’s proposal to increase the capital gains tax has generated tremendous discussion. Looking at this proposed change in the context of past changes shows that both Democratic and Republican presidents have signed legislation with retroactive tax provisions. A retroactive... Read More
President Biden has proposed significant tax compliance measures as an alternative way to fund his ambitious American Families Plan. Recently, he offered Republicans compliance measures as an alternative to individual tax increases, but Republicans still consider new compliance measures a... Read More
When there is a transition of power, changes can also be expected to the tax system. Frazier & Deeter international tax experts discuss these potential changes and how the different US tax structure could affect companies seeking to expand into... Read More
Increasing the corporate tax rate to 28% is the cornerstone of President Biden’s Made in America Tax Plan, unveiled as part of a proposed $2 trillion infrastructure and jobs program. Other tax provisions target international profit shifting, offshoring incentives and... Read More
Did you know the most frequently audited item for multinational tax returns is transfer pricing? This article explores the transfer pricing needs of US-based Multinational Companies (MNCs). Penalty-Protection Through Documentation An IRS audit of a MNC will typically include an... Read More
Dave Kim, leader of Frazier & Deeter’s International Tax Practice discusses the impact of the 2020 elections on international taxes. Dave covers tax policy possibilities in 2021, the current US international tax system, the global tax policy outlook and more.... Read More
What happens when your European home base is no longer in the European Union? This episode of Culture of Compliance looks at the tax compliance implications of Brexit. Sabrina Serafin interviews Malcolm Joy International Tax Partner with Frazier & Deeter... Read More
