Bloomberg Tax Journals

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How Technology Is Transforming Transfer Pricing Compliance

As scrutiny from tax authorities intensifies and transparency requirements grow, technology should be utilized and integrated into transfer pricing compliance procedures, say Grant Thornton practitioners.

UK’s Serious Civil Tax Investigations Lack a Deterrence Effect

Ongoing low staffing in HMRC’s Fraud Investigation Service has caused fewer cases to be opened and reducing yields for HMRC, says a Pure Tax Investigations practitioner.

Employee Retention Credit Rules Are Still Progressively Evolving

Although the Employee Retention Credit expired over three years ago, claims are still being adjudicated, and taxpayers should strategize on how to expeditiously get refunds or handle disallowed claims, says a KPMG practitioner.

Tax Developments

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IRS Notice: Inflation Adjustment Factor, Applicable Amounts for 2025 Clean Electricity Production Credit (IRC §45Y)

The IRS published a notice providing the inflation adjustment factor and applicable amounts for the clean electricity production credit allowable under IRC Section 45Y for calendar year 2025. [Notice 2025-38, ...

IRS News Release: SECURE 2.0 Regulations on Catch-up Contributions

The IRS announced the final regulations addressing several SECURE 2.0 Act provisions relating to catch-up contributions. The IRS requires that catch-up contributions made by certain higher-income participants be designated as ...

IRS FR: Final Rules on Roth Contributions in Retirement Plans (IRC §401)

The Treasury published final rules regarding retirement plans that permit participants who have reached age 50 to make additional elective deferrals that are catch-up contributions. The regulations reflect statutory changes ...

Companies Face Tariff-Induced Transfer Pricing Audit Risks

Enrolled Agents Anticipate IRS Chaos for Next Tax Filing Season

Congressional Deadline on Shutdown Deal Adds to IRS Challenges

IP Poses Risks, Opportunities for Companies' Tariff Planning

Best Buy, Apple, Others Make Millions From California Tax Deals

A few dozen California cities have lucrative deals with retail giants like Apple, Best Buy, and Nike. These deals result in the cities paying millions of dollars from their local tax revenue back to the companies. In this video, we explore how these deals work and what some city and state lawmakers are hoping to do about it.

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