April 2019

New Form 14457, Voluntary Disclosure Practice Preclearance Request and Application (4/16/19)

  OVDP was withdrawn – https://www.mooresrowland.tax/2018/03/the-offshore-voluntary-disclosure.html In early November 2018, the IRS made the following announcement –  https://www.mooresrowland.tax/2018/11/new-irs-compliance-campaigns-related-to.html In late November, 2018, we received a Memorandum from Kristen B. Wielobob, Deputy Commissioner for Services and Enforcement, re Voluntary Disclosure Practice (LB&I-09-1118-014 dated 11/20/18),  https://drive.google.com/open?id=1un1DyuAQ480S1cvAL9YLNjh08OaUUUmc. Summary of the memo from https://ecoteam.wpmudev.host/2018/11/new-irs-voluntary-disclosure-procedures.html is as follows –  Note: The above reference link was live on

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NPWP for All Foreign Businesses Operating in Indonesia

Digital Nomad in Indonesia?  In Bali?  Pay attention to this. The American Chamber of Commerce (AMCHAM) today reported that Indonesia’s Ministry of Finance recently released Ministerial Regulation no. 35 / 2019 (PMK 35/2019) regarding Determination of Permanent Establishment (Penentuan Bentuk Usaha Tetap [BUT]). Several highlights from the regulation: The PMK requires any Foreign Individual or

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Impact of US Tax Reform on Singapore business

https://sbr.com.sg/economy/commentary/impact-us-tax-reform-singapore-business The SMU-TA Centre for Excellence in Taxation (SMU-TA CET) was set up by Singapore Management University and the Tax Academy of Singapore, to undertake tax research with a focus on international taxation. More importantly, they host regular technical talks both to disseminate research and stimulate further discussion on important tax matters. On March 28th,

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