SII Reporting to be Adopted in the Basque Region
Organizations operating in the Basque region of Spain will soon be required to comply with SII reporting requirements. As reported in this forum, effective July
Organizations operating in the Basque region of Spain will soon be required to comply with SII reporting requirements. As reported in this forum, effective July
Along with new deadlines, Mexico tax authority releases additional CRS specifications. The Mexican Tax Administration Service (SAT) has published additional AEOI material, including a
As written, revised Better Care Reconciliation Act will not operate to eliminate either of the reporting requirements on 1094/1095 series forms. The Senate’s second draft of
Illinois’s Department of Revenue has lately released new tax tables and a new withholding allowance certificate in conjunction with it an increase in the state’s
At last week’s G20 summit, OECD Secretary General Angel Gurría reported to world leaders that the past year has seen progress on multiple fronts in the fight
The Idaho State Tax Commission has issued a revised Guide to Income Tax Withholding. The revision is a routine update of the tables for withholding computation
Belgium recently announced it will extend the deadline for CRS reporting this year. Reporting was originally due at the end of June, but Belgium has
Virginia Tax has published a revision of its eForms W-2 – 1099 Guide, which filers should utilize in order to ensure accurate and complete online submissions.
The IRS has released ACA Information Returns (AIR) Schemas, Business Rules and Crosswalks for Tax Year 2017. The business rules, schemas and crosswalks are for
The state of Jammu and Kashmir has joined the rest of India by enacting the GST, a week after it was introduced to the rest of the
Cook County Illinois suspended collection of their recently enacted sweetened beverage tax after receiving a temporary restraining order from Cook County Circuit Court. The sweetened
New Mexico recently updated a published bulletin which details the effective interest rates for late payments on tax due. This bulletin lists the annual and
Minnesota’s Department of Revenue recently updated Minnesota Income Tax Withholding Instruction Booklet and Tax Tables as well as Fact Sheets 2 and 2a. The Instruction Booklet
Curacao’s Ministry of Finance has released FATCA and CRS guidance regarding data specifications for XML transmittals and use of the online financial data exchange portal.
The Nauru Department of Finance has released information on excluded accounts under the Common Reporting Standard. The newly published regulations provide that dormant accounts will be excluded
The IRS has published Frequently Asked Questions regarding the FFI agreement renewal. The deadline for the renewal is July 31, 2017, and the obligation to renew applies
The South Africa Revenue Service (SARS) recently issued a reminder on their main AEOI site that reporting financial institutions (RFIs) may be liable for administrative penalties if
The British Virgin Island’s Ministry of Finance recently announced an extension for reporting under the Common Reporting Standard (CRS). CRS reporting had previously been due