Remove 2017 Remove Collections Remove Corporation Tax
article thumbnail

Tax Fraud Blotter: Boundless energy

Accounting Today

For every quarter from 2017 through the second quarter of 2021, the two withheld employment taxes from employees wages but did not pay them over or report them to the IRS. From the second quarter of 2017 through the fourth quarter of 2020, he collected but did not pay over or report similar taxes to the IRS.

Tax 165
article thumbnail

Supreme Court suggests support for 2017 tax on foreign earnings

Accounting Today

Key justices suggested the tax, which aimed to collect hundreds of billions of dollars on a one-time basis, wasn't fundamentally different from other levies imposed by Congress over the years.

Tax 195
article thumbnail

Navigating the Foreign Account Tax Compliance Act (FATCA) in Singapore

Counto

CRS requires financial institutions to report account information related to tax residents of countries participating in the CRS agreement. Singapore adopted CRS in 2017, further expanding the scope of financial account reporting beyond just U.S.

Tax 52