by Mike Godfrey, Tax-News.com Washington 15 January 2020 On January 9, 2019, the United States Internal Revenue Service announced the launch of a new Gig Economy Tax Center, which is intended to help taxpayers meet their tax obligations through more streamlined information. As noted by the IRS, the gig economy, also known as the sharing...Read More

by Ulrika Lomas, Tax-News.com, Brussels 15 January 2020 According to French Finance Minister Bruno Le Maire, France and the United States will in the next two weeks attempt to reach a compromise over their ongoing dispute regarding France’s new digital services tax (DST). The US has threatened to retaliate against the measure, proposing additional duties...Read More

by Mike Godfrey, Tax-News.com Washington 15 January 2020 The United States Internal Revenue Service has recently updated its list of frequently asked questions and answers on the tax treatment of transactions involving virtual currencies. The principle piece of tax guidance with regards to virtual currencies remains Notice 2014-21, published by the IRS in April 2014,...Read More