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New Postponement: Contribution on Aluminum Packaging

The contribution on packaging, already in force for plastic or multi-material packaging with plastic since July 1, 2022, would come into effect on September 1, 2023, for aluminum or multi-material packaging with aluminum ...

IRS Signs New Competent Authority Arrangements on NAFTA and the USMCA

U.S. taxpayers will continue to receive favorable treatment under the U.S. income tax treaties with Denmark, Luxembourg, Malta and Mexico. On July 31, 2023, the Internal Revenue Service (IRS) published competent authorit ...

Cruising Around the World – Can It Really Reduce Your Tax Bill?

The post-COVID world looks very different for many workers. Many are now choosing to work not just from home instead of the office, but in some cases, an entirely different country. Most are searching for a better work/l ...

Important Taxation Updates for S Corporations and Their Shareholders

Legislation, court cases and IRS guidance over the past 12 months have directly impacted the tax landscape for S corporations and their shareholders. Jonathan Williamson contributed to a recent AICPA Tax Adviser article, ...

New Reporting Obligations Related to Income Tax

Decree-Law No. 73/2023, of August 23, transposes into the domestic legislation the Directive (EU) 2021/2101 of European Parliament and of the Council, regarding the disclosure of information concerning income tax by cert ...

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