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Accounting for Income Taxes Insights

Washington Tax Insight May 2022

Politics and Congressional Activity The Senate returned from a two-week recess with a busy schedule of issues to address including additional pandemic relief funding, additional funding for Ukraine, the unfinished Build Back Better Act, and China legislation. The House returned to a DC work schedule on May 10th.  The Senate has confirmed Jerome Powell as the chairman of the Federal Reserve but still has nearly 100 other nominations to consider. […]

May 12, 2022

Tampa Area Annual CPE Day 2022

Florida tax and accounting professionals: Join TPC experts for a full-day of much needed CPE! This in-person workshop is intended for tax/accounting department personnel of all levels. Participants earn up to 8 CPE credits. When: Fri, June 3, 2022, 9:00 AM – 5:00 PM EDT Where: Hillsborough County Bar Association – Chester H. Ferguson Law Center 1610 North Tampa Street Tampa, FL 33602 Cost: $100 per person Groups of four […]

May 10, 2022

The OECD Two-Pillar Solution: Pillar Two Highlights and a Discussion of US and EU Reaction

The OECD and member countries of the OECD/G20 Inclusive Framework (“Inclusive Framework”)[1] on Base Erosion and Profit Shifting (“BEPS”) have been working for several years on developing standards for international tax rules. The goal of these efforts is to help countries combat tax evasion and corporate tax avoidance strategies that exploit gaps and mismatches in international tax laws.  In 2015, the BEPS project agreed to implementation of 15 Actions that […]

April 26, 2022