June 19, 2022 U.S. Tax This Week for June 17 Ernst & Young's U.S. Tax This Week newsletter for the week ending June 17 is now available. Prepared by Ernst & Young's National Tax Department in Washington, D.C., this weekly update summarizes important news, cases, and other developments in U.S. taxation.
————————————————————————— What to know about the growing global demands for tax governance (June 20) Accounting for income taxes: A quarterly perspective (June 21) How to navigate global TP controversy in life sciences — US focus (June 22) BorderCrossings (June 30) ————————————————————————— Internal Revenue Service — Jun 10: IRS raises mileage rates effective July 1, 2022 (Tax Alert 2022-0914) International — Jun 16: Argentine Government proposes windfall corporate income tax (Tax Alert 2022-0935) — Jun 15: European Court of Justice rules on use of statistical data for determination of customs value (Tax Alert 2022-0933) — Jun 14: US lifts pre-departure COVID-19 testing requirement (Tax Alert 2022-0923) — Jun 13: China no longer requires PU letters for foreign assignees and their family members traveling to Shanghai (Tax Alert 2022-0920) — Jun 13: French Tax Administration encourages taxable persons to carry out VAT voluntary disclosure with respect to Intra-Community distance sales of goods (Tax Alert 2022-0917) — Jun 13: Argentine Central Bank exempts certain individuals and legal entities from foreign exchange controls on exports of services (Tax Alert 2022-0915) — Jun 10: Turkiye introduces Istanbul Finance Center (Tax Alert 2022-0904) — Jun 10: Luxembourg Tax Authority issues guidance on defensive measure related to EU-listed non-cooperative jurisdictions (Tax Alert 2022-0903) Legislation — Jun 17: What to expect in Washington (June 17) (Tax Alert 2022-0941) — Jun 16: Senate Finance subcommittee holds supply chain hearing (Tax Alert 2022-0936) — Jun 15: Senate HELP Committee approves retirement bill (Tax Alert 2022-0931) States — Jun 14: Puerto Rico first-quarter 2022 SUI tax return deadline extended until June 30, 2022 (Tax Alert 2022-0924) — Jun 13: Massachusetts high court holds commonwealth lacked statutory authority to tax out-of-state taxpayer's capital gains from sale of in-state partnership interests (Tax Alert 2022-0922) ————————————————————————— Revenue Rulings
Internal Revenue Bulletin
Because the matters covered herein are complicated, U.S. Tax This Week should not be regarded as offering a complete explanation and should not be used for making decisions. Any decision concerning matters covered herein should be reviewed with a qualified tax advisor. | |||||||
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