News & Analysis as of September 20, 2024

Income Taxes › Federal Trade Commission (FTC)

+ Follow

Income taxes are taxes that are collected on the individual earnings of persons or entities. Depending on the jurisdiction, income taxes are calculated and collected in a variety of ways. Some tax systems collect income taxes based on a progressive scheme, while others may utilize a proportional or regressive framework. less -

FTC Judge Orders Tax Filing Software Company to Stop Advertising Products as “Free”

Sheppard Mullin Richter & Hampton LLP on 9/22/2023

On September 8, the FTC’s Chief Administrative Law Judge (“ALJ”) issued an initial decision finding that a company providing tax filing software services engaged in deceptive advertising practices in violation of Section 5 of...more

Taxation & Representation, June 22, 2022

Brownstein Hyatt Farber Schreck on 6/24/2022

Build Back Better Outlook. Congressional Democrats are still hoping they can pass some version of the Build Back Better Act (BBBA), the budget reconciliation vehicle to advance some of President Joe Biden’s legislative...more

Taxation & Representation, May 10, 2022

Brownstein Hyatt Farber Schreck on 5/13/2022

Congressional Tax Staffers Outline Agenda. Several senior staffers on the House Ways and Means Committee and the Senate Finance Committee—Andrew Grossman, Courtney Connell, Derek Theurer and Tiffany Smith—participated in a...more

Taxation & Representation, May 3, 2022

Brownstein Hyatt Farber Schreck on 5/5/2022

LEGISLATIVE LOWDOWN - Bipartisan Innovation Act: More Tax Talk. The conference committee to reconcile the House-passed America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength Act...more

Taxation & Representation, April 26, 2022

Brownstein Hyatt Farber Schreck on 4/28/2022

SCOTUS Denies New York v. Yellen. The U.S. Supreme Court announced on Tax Day it would not hear a constitutional challenge to the $10,000 deduction limit on state and local taxes (SALT) enacted under the Tax Cuts and Jobs Act...more

Vital Signs: Digital Health Law Update Winter 2022

Jones Day on 3/9/2022

Note From the Editors With 2022 well underway, the rapid pace of statutory, regulatory, policy, and industry activities in digital health continues in force. We bring you Vital Signs, a curated, one-stop resource on the most...more

Practical Tips to Mitigate the Risk of Being Hacked by Fake IRS or Google Voice Scams

Hinshaw & Culbertson - Law Firm Cyber Alerts on 11/5/2021

Risk Management Question - What are some of the newest hacking scams that may affect law firms and other businesses? The Issue - On October 27, 2021, the Federal Trade Commission (FTC) issued warnings to be on alert...more

The Tax Court in Brief - August 2021 #4

Freeman Law on 9/10/2021

Freeman Law’s “The Tax Court in Brief” covers every substantive Tax Court opinion, providing a weekly brief of its decisions in clear, concise prose. The Week of August 16 – August 20, 2021 - Catlett v. Comm’r, No....more

Digital Services Taxes and Nexus for Foreign Tax Credit Purposes

Alston & Bird on 2/17/2021

Our International Tax Group reviews Treasury’s proposed regulations that would add a jurisdictional nexus requirement to the analysis used to determine whether a foreign tax is an income tax for foreign tax credit purposes....more

Elective GILTI Exclusion for High-Taxed GILTI

McDermott Will & Emery on 8/10/2020

On July 20, 2020, the US Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued final section 951A regulations (“Final Regulations”) on an election to exclude high-tax global intangible low-taxed...more

The GILTI High-Tax Exclusion and the Tested Unit Standard: New Administrative Burdens Await for Taxpayers

McDermott Will & Emery on 8/10/2020

On July 23, 2020, the US Department of the Treasury and the Internal Revenue Service (IRS) published final regulations addressing the global intangible low-taxed income (GILTI) high-tax exclusion (85 FR 44620) (the “Final...more

Proposed Regulations Would Conform Subpart F High-Tax Exception to GILTI High-Tax Exception

McDermott Will & Emery on 8/7/2020

On July 20, 2020, the US Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued proposed regulations (REG-127732-19) (the 2020 Proposed Regulations) that would conform the historic Subpart F...more

Privacy Tip #225 – Tax Identity Theft Awareness Week

Robinson+Cole Data Privacy + Security Insider on 2/6/2020

Tax identity theft continues to be a significant problem for taxpayers. Tax identity theft occurs when criminals use the personal information of individuals and file fraudulent tax returns before the taxpayer does, requesting...more

Client Alert – Employers Beware: ‘Tis the Season for Data Theft

Bowditch & Dewey on 12/18/2018

Because cybercriminals don’t take holidays, December is an appropriate time for all employers to take steps to protect tax data and identities (both their own and their employees’) in advance of the 2019 tax-filing season....more

The New Foreign Tax Credit Proposed Regulations – An Executive Summary

Fenwick & West LLP on 12/13/2018

Released on November 30, 2018, the foreign tax credit proposed regulations provide a comprehensive new framework for calculating the foreign tax credit in light of several changes made by the Tax Cuts and Jobs Act (TCJA or...more

Data Privacy + Cybersecurity Insider - January 2018

Robinson & Cole LLP on 1/4/2018

Now is the Busy Season for Cyber Criminals Posing as Executives to Obtain W-2s - It’s the start of tax season, and many employers are sending W-2 forms to employees so they can get ready to file their tax returns. As was...more

The Womble Carlyle Economic Development Digest - February 19, 2014

Womble Bond Dickinson on 2/20/2014

Womble Carlyle’s Economic Development Digest aggregates news, opportunities and legislation impacting business in the United States....more

17 Results

View per page

Page: of 1

Income Taxes › Federal Trade Commission (FTC)

"My best business intelligence, in one easy email…"