by Isioma Ogbue | Dec 25, 2017 | Tax News
US President Donald Trump has signed the Tax Cuts and Jobs Act into law. The bill will bring about sweeping changes to the US tax code for the first time in 30 years and slash the high corporate income tax rate to a competitive 21 percent.
Source: IRS Tax News...
by Isioma Ogbue | Dec 25, 2017 | Tax News
Treasurer Scott Morrison has said that if Australia fails to respond to the newly passed US plan for drastic tax cuts, Australian jobs, wages, and investment will suffer.
Source: IRS Tax News – Tax-News.com: Australia Sees Itself As A Corporate Tax...
by Isioma Ogbue | Dec 25, 2017 | Tax News
The General Court of the EU has rejected a request put forward by the US Government to involve itself in support of Apple’s attempts to vindicate the tax rulings it received from Ireland.
Source: IRS Tax News – Tax-News.com: US Blocked From Backing...
by Isioma Ogbue | Dec 25, 2017 | Tax News
The American Institute of Certified Public Accountants has criticized the recently passed Tax Cuts and Jobs Act for excluding accounting firms from its 20 percent deduction of qualified business income from certain pass-through businesses.
Source: IRS Tax News...
by Isioma Ogbue | Dec 20, 2017 | Tax News
The United States House of Representatives has approved the final version of the Tax Cuts and Jobs Act, paving the way for President Trump to sign the changes into law, although this final act may be delayed until the New Year.
Source: IRS Tax News –...
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