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Informal comments by representatives of the IRS suggested for the first time on June 12, 2009 that investments in certain types of foreign hedge funds may constitute foreign financial acc...
Treasury’s General Explanations of the Administration’s Fiscal Year 2010 Revenue Proposals were released on May 11, 2009. The Explanations cover a number of items of potential interes...
This morning, the Obama Administration provided more detail on its previously announced plan to reform the U.S. tax laws relating to the taxation of income earned by foreign subsidiaries ...
On September 22, 2008, New York Governor David Paterson announced that New York State will regulate part of the credit default swap market, and the New York State Department of Insurance ...