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The Most Relevant Tax News. Anywhere.

With Daily Tax Report ®, you’ll access breaking news at the state, local, and federal levels along with daily updates, insights, podcasts, and special reports on all of the tax topics that impact your organization.

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Section 250 Proposed Regulations Roadmap

In an effort to combat possible indefinite deferral of U.S. taxation with respect to active foreign business income, the 2017 tax act (Pub. L. No. 115-97) enacted §951A, which requires each U.S. shareholder of a controlled foreign corporation (CFC) to include its “global intangible low-taxed income” (GILTI) for the taxable year in gross income.


  

Podcasts

  

Jumpstart

Bloomberg Tax & Accounting’s editorial explains tax law changes made by the 2017 tax reform act.

Talking Tax

We cover tax issues from Capitol Hill to the courts and the Internal Revenue Service.


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