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US Treasury: Taxes On Digital Companies Are Discriminatory

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Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. After a European Union plan for tax reform fell apart, France, along with Britain, Italy and Spain, are moving forward with plans to tax companies like Google and Apple.

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How Advisors Can Offer Tax Planning And Stay In Compliance

CFO News Room

Taxes are a central component of financial planning. Almost every financial planning issue – whether it is retirement, investments, cash flow, insurance, or estate planning – has tax considerations, and advisors provide a great deal of value in helping clients minimize their overall tax burden. Team Kitces.

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What to Know About the Corporate Transparency Act

CFO Simplified

We anticipate that the US Department of Treasury will appeal to the US Court of Appeals for the 11th Circuit. Robert Garner, a partner in LP’s Corporate and Tax Planning Practice Groups , advises clients on tax planning in connection with a wide variety of transactions.

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What to Know About the Corporate Transparency Act

CFO Simplified

We anticipate that the US Department of Treasury will appeal to the US Court of Appeals for the 11th Circuit. Robert Garner, a partner in LP’s Corporate and Tax Planning Practice Groups , advises clients on tax planning in connection with a wide variety of transactions.

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Nations Move Toward Imposing ‘Digital Taxes’ On Big Tech

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France has long been angling to levy digital taxes, although such moves have become a bone of contention with the United States and have faced significant delays. Treasury argued last year that one such French tax plan was discriminatory and unfairly targeted U.S. billion of French goods.

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EU Report Calls For Finance Authorities, AML Oversight

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Some tax reforms have been approved in the past year, but new ones have also been revealed, including a “cum/ex” tax scandal, which cost European treasuries €55 billion. The report said reform is hard to enable because some of the 28 countries in the EU “display traits of a tax haven and facilitate aggressive tax planning.”

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2022 Best-Of Highlights From The Nerd’s Eye View Blog

CFO News Room

Personally, it has been a big year of change as well, with the Kitces.com platform adding new team members, rolling out a new IAR CE offering and our latest Estate Planning course, and introducing the AdvisorTech Directory, among other additions, to fulfill our own mission of “Making Financial Advicers Better and More Successful”.

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