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Withholding tax reclaims typically involve a complicated, time-consuming, and paper-driven process. In this latest episode, Katherine Worraker, an investment management specialist and Tax partner from Deloitte’s London office joins Tim Rappoccio, a managing director in Deloitte Tax who specializes in tax issues for financial services organizations.
Crypto: Current state
On Friday, November 5, the House passed the bipartisan infrastructure bill, which includes important provisions relating to information reporting of transactions in crypto. The bill is expected to be signed by the President into law imminently. Learn more about the details of what this bill includes for amendments to IRC 6045 and 6050I that will impact 1099-B and requirements for reporting receipts of crypto for transactions greater than FMV $10,000 in our attached summary.
Global news and alerts
Keep up with Deloitte's latest updates from around the world that may affect tax information reporting across your entire organization.