by Isioma Ogbue | Jan 23, 2017 | Tax News
Lynn Jenkins (R – Kansas) and Ron Kind (D – Wisconsin) of the Ways and Means Committee have introduced bipartisan legislation into the US House of Representatives to improve access to tax-advantaged 529 college and ABLE savings accounts.
Source: IRS...
by Isioma Ogbue | Jan 23, 2017 | Tax News
On January 18, the US Internal Revenue Service issued its final regulations regarding the measures included in the Protecting Americans from Tax Hikes Act to restrict the tax-free spin-offs involving publicly traded real estate investment trusts (REITs).
Source:...
by Isioma Ogbue | Jan 23, 2017 | Tax News
The International Monetary Fund has said the US is unlikely to proceed with punitive trade taxes on Mexico, Canada, and China, due to the blow it would have on US economic output.
Source: IRS Tax News – Tax-News.com: Trump Unlikely To Follow Through With...
by Isioma Ogbue | Jan 22, 2017 | Tax News
The White House website has indicated that the Trump Administration will renegotiate, and could withdraw from, the North American Free Trade Agreement with Mexico and Canada, according to a list of six “issues” the new Administration has released that it...
by Isioma Ogbue | Jan 22, 2017 | Tax News
Bahrain has signed an agreement to implement the US Foreign Account Taxpayer Compliance Act with the United States.
Source: IRS Tax News – Tax-News.com: Bahrain, US Sign FATCA Agreement
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