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27 May 2024, 10:00 pm
IRS and Treasury Department issue proposed regulations that would remove the associated property rule and similar rules from the existing regulations on the interest capitalization requirements for improvements to designated property. [read post]
27 May 2024, 10:00 pm
Bank Climate-Related Financial Risk Regulatory Tracker Explore key rules (final and proposed) on climate-related financial risk requirements undertaken by the White House, SEC, Department of Treasury, and other federal banking agencies. [read post]
27 May 2024, 9:01 pm
Department of the Treasury’s Financial Crimes Enforcement Network issued a joint notice of proposed rulemaking regarding Customer Identification Programs.[6] In line with these initiatives, and recognizing the technological advancements and heightened risks that have developed since Regulation S-P was first adopted in the early 2000s, the amendments to Regulation S-P as proposed and adopted are designed to “enhance the protection of customer information” held by… [read post]
23 May 2024, 12:07 pm
Department of the Treasury’s Office of Foreign Assets Control (OFAC) oversees these incidents, and the International Emergency Economic Powers Act and the Trading with the Enemy Act have strict rules against foreign financial engagement, and it is illegal to conduct a transaction with any person on the OFAC’s Specially Designated Nationals and Blocked Persons List. [read post]
23 May 2024, 5:14 am
Department of Transportation Sean Heather, U.S. [read post]
22 May 2024, 2:00 am
We’ve previously blogged about President Biden’s executive order requiring the Treasury & Commerce Departments to implement an outbound investment screening regime. [read post]
21 May 2024, 10:00 pm
The US Department of Treasury and the IRS on May 16 released Notice 2024-41, which provides a new elective safe harbor that taxpayers may use to qualify for the domestic content bonus credit amount under Sections 45, 45Y, 48, and 48E of the Internal Revenue Code. [read post]
21 May 2024, 10:00 pm
The US Department of Treasury and the IRS on May 16 released Notice 2024-41, which provides a new elective safe harbor that taxpayers may use to qualify for the domestic content bonus credit amount under Sections 45, 45Y, 48, and 48E of the Internal Revenue Code. [read post]
21 May 2024, 10:00 pm
The US Department of Treasury and the IRS on May 16 released Notice 2024-41, which provides a new elective safe harbor that taxpayers may use to qualify for the domestic content bonus credit amount under Sections 45, 45Y, 48, and 48E of the Internal Revenue Code. [read post]
21 May 2024, 10:00 pm
The US Department of Treasury and the IRS on May 16 released Notice 2024-41, which provides a new elective safe harbor that taxpayers may use to qualify for the domestic content bonus credit amount under Sections 45, 45Y, 48, and 48E of the Internal Revenue Code. [read post]
21 May 2024, 10:00 pm
The US Department of Treasury and the IRS on May 16 released Notice 2024-41, which provides a new elective safe harbor that taxpayers may use to qualify for the domestic content bonus credit amount under Sections 45, 45Y, 48, and 48E of the Internal Revenue Code. [read post]
21 May 2024, 10:00 pm
The US Department of Treasury and the IRS on May 16 released Notice 2024-41, which provides a new elective safe harbor that taxpayers may use to qualify for the domestic content bonus credit amount under Sections 45, 45Y, 48, and 48E of the Internal Revenue Code. [read post]
21 May 2024, 9:01 pm
Department of Labor (“DOL” or “Department”) released its final fiduciary rule, marking the completion of its third attempt since 2010 to update the definition of what it means to be an investment advice fiduciary to IRAs and ERISA Plans. [read post]
21 May 2024, 10:46 am
Share on LinkedInShare on TwitterShare by EmailShare Back to top Late last week, the Internal Revenue Service (“IRS”) and Department of the Treasury issued highly anticipated guidance regarding the requirements to qualify for the domestic content bonus tax credit for investment tax credits under Sections 48(a)(12) and 48E(a)(3)(B) of the Code (the “ITC”) and production tax credits under Sections 45(b)(9) and… [read post]
The White House says FDIC chairman to step down following report on agency’s toxic workplace culture
20 May 2024, 4:12 pm
____AP Treasury Department Reporter Fatima Hussein contributed to this report from Washington. [read post]
19 May 2024, 9:01 pm
On May 1, 2024, the IRS and the Department of the Treasury issued Rev. [read post]
18 May 2024, 4:31 am
The US Department of Treasury has also imposed sanctions on three Russian companies and two Russian individuals. [read post]
17 May 2024, 6:39 pm
The sanctions are a continuation of the previous action taken by the State Department and the Department of Treasury months ago against the transfer and testing of ballistic missiles used in Ukraine. [read post]
17 May 2024, 2:52 pm
Treasury Department. [read post]
17 May 2024, 6:31 am
Department of Treasury team at the time, I was proud to work with then-Congressman Ed Markey on this important legislation. [read post]
