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International Tax Reform 4.0 – Transition Tax on Foreign Earnings – New Guidance

Leave a Comment / News & Blog / By Marc Schwartz

In Notice 2018-07 (“Notice”), the IRS has moved quickly to provide preliminary guidance under Internal Revenue Code Section (“§”) 965, as amended by “An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018,” P.L. 115-97, enacted on December 22, 2017. We’re impressed by […]

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Want privacy in the tax world? Think again

Leave a Comment / Firm News, International Tax / By Marc Schwartz

Most of you already know the US government shares data about you. Now there’s more people subject to the rules — those earning bank deposit interest income in the US and who are from newly-listed countries. The IRS recently issued Rev. Proc. 2017-31 which updates Rev. Proc. 2016-56 (issued December 2016) adding jurisdictions from Rev. Proc. 2014-64. If you’re

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What the Panama Papers Should Mean to You

Leave a Comment / Firm News / By Marc Schwartz

In the link below, The Guardian provides a user-friendly background to the “Panama Papers” in which someone(s), in a release of data reminiscent of WikiLeaks, apparently leaked(?) / hacked(?) / stole(?) [it’s too early to tell] a Panamanian law firm’s documents related to the firm’s association with more than 200,000 companies. While it is unclear whether the

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Divorce and International / Global Tax

Leave a Comment / International Tax / By Marc Schwartz

Marc Schwartz spoke about international / global tax issues related to divorce as a panelist at the December 5, 2014 American Academy of Matrimonial Lawyers (AAML) Georgia Chapter Family Law Seminar. International tax issues have been receiving additional attention as the IRS (Internal Revenue Service) has increased its focus on international tax over the past several

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