Key policy developments in the US and an AG opinion on VAT on transfer pricing are among the topics examined this month by Tim Sarson (KPMG).
US tax update
America First Trade Policy report
With the eyes of the world on the Rose Garden on 2 April 2025 for the President’s announcement on global tariffs you may be forgiven for having missed the White House announcement on 3 April 2025 of the finalisation of a comprehensive report on the ‘America First Trade Policy’ (AFTP).
The report consists of 24 chapters containing the findings and recommendations pursuant to the President’s AFTP Memorandum of 20 January 2025 and the Defending American Companies and Innovators from Overseas Extortion and Unfair Fines and Penalties Memorandum of 21 February 2025 (also referred to as the ‘Digital Services Tax’ Memorandum).
The White House has not released the full report which means there is still...
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Key policy developments in the US and an AG opinion on VAT on transfer pricing are among the topics examined this month by Tim Sarson (KPMG).
US tax update
America First Trade Policy report
With the eyes of the world on the Rose Garden on 2 April 2025 for the President’s announcement on global tariffs you may be forgiven for having missed the White House announcement on 3 April 2025 of the finalisation of a comprehensive report on the ‘America First Trade Policy’ (AFTP).
The report consists of 24 chapters containing the findings and recommendations pursuant to the President’s AFTP Memorandum of 20 January 2025 and the Defending American Companies and Innovators from Overseas Extortion and Unfair Fines and Penalties Memorandum of 21 February 2025 (also referred to as the ‘Digital Services Tax’ Memorandum).
The White House has not released the full report which means there is still...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
