Month: May 2023

Taxpayer comments on the revisions to reg. section 1.861-20 in new proposed regs question rules that require using asset tax book values as a proxy for the payer’s earnings when remittances are made by a disregarded entity. Taxpayers noted the distortive effects of rules that use asset tax book values when assigning foreign taxes imposed
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These days, many people are worried about paying for college. Less than half of Americans are confident that they’re currently saving enough for future education expenses, according to a recent report by Edward Jones. Checking your 529 college savings balance may not provide much comfort, either. Last year, these popular savings plans took a hit
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In this article MS Follow your favorite stocksCREATE FREE ACCOUNT Starbucks opened its 6,000 store in mainland China in September 2022. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese consumer spending won’t return to pre-Covid levels anytime soon, a problem for international brands such as Starbucks, Morgan Stanley said in a report Sunday. Not
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