The Internal Revenue Service has issued for public comment draft versions of revised Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, and related schedules, including Schedule M-3, new ...

Modern corporations can easily conduct operations from almost anywhere in the world, and are creating revenue streams which originate and travel internationally before arriving wherever those ...

The Internal Revenue Service has shifted toward issue-specific enforcement practices for its Large Business and International Division, built around 13 initial “compliance campaigns.” One of those ...

With the proliferation of digitalization in the global economy, many foreign businesses are accessing the US market online with minimal physical presence. In many instances, foreign companies selling ...