Daily Tax Report: International
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WEEKEND INSIGHTS: FDII Rules, States and CARES, Apple’s EU Win

This weekend roundup of Bloomberg Tax Insights looks at the final regulations for the foreign-derived intangible income deduction, the CARES Act and state IRC conformity provisions, a taxpayer win in the FBAR penalty column, tax competitiveness in the Americas, and more.

TAX VIRUS BRIEFING: Aid Talks Stumble Well Beyond Brinkmanship

Policy leaders’ hours of talk this week failed again to produce a new bill as the pandemic continues to ravage the economy with shutdowns and infections still in high numbers across the country. President Trump said he would act on his own on aid extensions and payroll tax deferral if Congress fails to pass a package. Around the world, questions arise about virus tax relief and the need for more revenue.

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Trump's New Trade War: Digital Taxes Explained

Will the next trade war be over digital taxation? This video explains how digital taxes work and whether the international community can find a solution to this growing global rift over how to tax the digital economy.

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