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💰90th Anniversary of Social Security Act

Proclamation 10964 celebrates the 90th anniversary of the Social Security Act, reaffirming the government's commitment to strengthening the social safety net for seniors and addressing fraud within the program. The proclamation emphasizes the importance of Social Security in providing income security and acknowledges the contributions of American seniors to the nation's progress.

🌍Countries Requiring Cooperation With International Boycotts

The Department of the Treasury has published a list of countries that may necessitate U.S. business participation in international boycotts as per the Internal Revenue Code. The listed countries include Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen. This notice is vital for businesses engaged in international trade or operations in these regions.

💰Update on Estate Tax Closing Letter User Fee Regulations

The Department of the Treasury and the IRS have made corrections concerning the Estate Tax Closing Letter User Fee update. This document clarifies contact information for inquiries and highlights regulatory adjustments that affect estate management processes, emphasizing the importance of accurate communication in the filing and compliance landscape.

🏛️Open Meeting of the Taxpayer Advocacy Panel on IRS Services

An open meeting of the Taxpayer Advocacy Panel's Notices and Correspondence Project Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions to improve customer service at the Internal Revenue Service. This meeting will be held as a virtual video conference via the Microsoft Teams platform.

🌎Guatemala Certification

The Department of State certifies Guatemala's commitment to combating corruption, strengthening the rule of law, and enhancing the environment for foreign businesses. This includes reforms in tax policy, legal transparency, and cooperation with the U.S. on various security and economic initiatives.

🗣️IRS Notice

An open meeting of the Taxpayer Advocacy Panel Joint Committee will be conducted. The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions on improving customer service at the Internal Revenue Service. This meeting will be held via teleconference through the Microsoft Teams Platform.

🌍Countries Requiring Cooperation with International Boycotts

The Department of the Treasury announces a current list of countries that may require participation in or cooperation with international boycotts. The notice includes Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen, highlighting the importance for U.S. businesses to remain compliant with relevant regulations.

🇺🇸OECD Global Tax Deal

The memorandum addresses the OECD Global Tax Deal, clarifying that prior commitments have no effect within the United States unless Congress acts. It outlines measures to protect U.S. businesses from extraterritorial tax measures, affirming a commitment to national economic sovereignty. The document emphasizes the need for future compliance assessments against discriminatory foreign tax practices.

🌍Countries Requiring Cooperation with International Boycott - Treasury Notice