Tax losses in M&As can risk controversy.
Tax strategy & compliance
The IRS finalized regulations governing the treatment of net operating losses by consolidated groups after recent legislation changed the rules.
Companies can follow these steps to make sure an M&A transaction complies with all tax requirements.
The emerging discipline of tax information and operations management could change the role of tax professionals from one focused on compliance to one essential to creating value.
Lauren Kovar, CPA/CITP, CGMA, director of Client Advisory & Strategy for Thomson Reuters, says executives have an opportunity to recognize their tax function not as a cost center but as a real driver of economic return and business value.
Transfer pricing can be a battleground for competing interests within a company. When those interests aren’t balanced, the company could lose out.
Know the tax and other requirements for this option to manage risk.
Courts and the IRS differ over a key qualification for the domestic production activities deduction.
Multinational corporations may face high levels of tax on effectively connected income.
Know how to apply the rules to this fast-changing industry.