This article, which we originally ran as a BrassTax Alert, discusses IRS guidance on transitions from LIBOR and other IBOR-based rates.
The EU Council removed the Cayman Islands from the EU’s official list of non-cooperative jurisdictions.
The regulations provide guidance on the withholding requirements for transfers of partnership interests by foreigners.
The new rules address the deductibility of meal and entertainment expenses.
The regulations describe how to source gain from inventory sales.