Internet giants threatened with forced disclosure in France
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September 26, 2019
Upcoming Events September 26, 2019
IRS updates per diem rates for lodging and meal expenses when traveling
By Michael Cohn      2 min read
The Internal Revenue Service issued new rates for business travelers to use.
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Internet giants threatened with forced disclosure in France
By Helene Fouquet      2 min read
France’s former digital affairs minister wants to force internet giants like Amazon, Alphabet, Microsoft, Facebook and Apple to reveal how much profit they make in France, saying the companies are understating their French activities to a vast extent.
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Innovation meets regulation: The looming tax headache for Airbnb hosts
By Shaun Hunley      4 min read
Vacation rental property owners are finding out that their lofty dreams of taking their extra income and qualifying for a juicy tax deduction might be just that: a fantasy.
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Gucci tax scandal spreads as Italy targets executive pay
By Robert Williams and Sonia Sirletti      3 min read
Authorities probe more than a dozen of the luxury brand’s current and former executives over an alleged tax-avoidance scheme.
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Sanders, Warren compete for who can tax billionaires the most
By Laura Davison and Emma Kinery      4 min read
Senator Elizabeth Warren’s wealth tax proposal is big. Senator Bernie Sanders’ is about 60 percent bigger.
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In the blogs: Vape fear
By Jeff Stimpson      3 min read
Expanding the EITC; helping with ITINs; confusing nexus; and other highlights from our favorite tax bloggers.
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IRS offers safe harbor for rental real estate business deduction
By Michael Cohn      3 min read
The Internal Revenue Service is giving those who own an interest in rental real estate a safe harbor to allow them to qualify for the section 199A deduction.
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Starbucks wins, Fiat loses, Apple kept guessing in EU tax rulings
By Stephanie Bodoni      4 min read
Starbucks Corp. won a court fight and a Fiat Chrysler Automobiles NV unit lost one over European Union tax orders in decisions that left lawyers puzzling over the impact on Apple Inc.’s chances of toppling a record 13 billion-euro ($14.3 billion) bill.
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Apple may soon get clues about its chances of winning EU tax case
By Stephanie Bodoni      4 min read
The iPhone maker may only need to wait until Tuesday to learn about its chances of success in the biggest tax case in recent history.
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IRS faced challenges in developing TCJA international tax guidance
By Michael Cohn      3 min read
The Internal Revenue Service had a difficult time coming out with guidance, forms and instructions for provisions of the Tax Cuts and Jobs Act like GILTI.
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