Inland  Revenue Issues IS21/09 on how to claim foreign tax credits

Inland Revenue Issues IS21/09 on how to claim foreign tax credits

Inland Revenue recently expanded its guidance on claiming foreign tax credits for overseas tax paid. Interpretation Statement IS 21/09 Foreign tax credits – how to claim a foreign credit was issued on 22 December 2021 and sets out how to claim a foreign tax credit on...
IRS to commence issuing 1099-B for crypto

IRS to commence issuing 1099-B for crypto

It has been widely publicized that the price of Bitcoin and other cryptos have taken a dive in what has been coined (excuse the pun) a crypto winter. This comes on the coattails of an all-time peak in late 2021. The value of Bitcoin soared last year and in November...