by taxPRO Websites Staff | Jul 10, 2020 | Tax Tips and News
Tax Policy – Improved Cost Recovery Is A Wide-Ranging Policy Solution
Investment comes in a variety of forms—be it private or public investments ranging from rural broadband and 5G to health care infrastructure and innovation. But not all investment is...
by taxPRO Websites Staff | Jul 10, 2020 | Tax Tips and News
Tax Policy – Peruvian “Solidarity Tax” Unlikely to Offset Deficit Spending
Due to the COVID-19 crisis, Peru has found itself with high levels of government spending that has resulted in a significant deficit. In order to offset costs, the government is...
by taxPRO Websites Staff | Jul 10, 2020 | Tax Tips and News
Tax Policy – Neutral Cost Recovery and Expensing: Frequently Asked Questions
What is cost recovery? What is depreciation? What is the tax treatment of investments in structures? What is the tax treatment of investments in machinery and equipment? What is...
by taxPRO Websites Staff | Jul 9, 2020 | Tax Tips and News
Tax Policy – Phase 4 Is not the Time to Experiment with Temporary Credits
Members of Congress are on a two-week recess before returning to consider a possible “phase 4” package to boost the economy and help individuals and businesses suffering from the...
by taxPRO Websites Staff | Jul 9, 2020 | Tax Tips and News
IRS Tax News – FDII and GILTI regulations finalized
The IRS issued final regs. on the foreign-derived intangible income deduction and the global intangible low-taxed income provisions enacted by the TCJA.
Source: IRS Tax News – FDII and GILTI...
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