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Member Articles


Portugal Tax Updates - December 2023

December 30, 2023 Communication Obligation by the Platform Operator and Declaration Model for Registration Ordinance no. 455-C/2023, of December 29 , approves the structure and content of the XML file to be used for th ...

IRS Announces Increased Gift and Estate Tax Exemption Amounts for 2024

The Internal Revenue Service announced the inflation adjustments for gift and estate exemptions for 2024. The annual gift tax exclusion will be $18,000 per recipient for 2024. The combined gift and estate tax exemption ...

IRS Delays New Reporting Rule for Online Payment Processors

For the second consecutive year, the IRS has postponed implementation of a new rule that would have led to an estimated 44 million taxpayers receiving tax forms from payment apps and online marketplaces such as Venmo and ...

Autumn Statement 2023 - Tax Highlights

In his Autumn Statement on Wednesday 22 November, Chancellor Jeremy Hunt announced several tax-related proposals which are summarised below. National insurance Contributions – all rate bands to remain at current level ...

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