Asunción, August 9, 2024 – Paraguay has called for the U.S. ambassador, Marc Ostfield, to leave the country, marking a significant escalation in diplomatic..

On April 9, 2024, the U.S. Treasury Department ("Treasury") issued proposed regulations (which can be found here) and reporting requirements (which can be found..

The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) provided additional guidance under the Corporate Transparency Act (CTA) by updating its..

The U.S. Treasury Department's Office of Foreign Assets Control (OFAC), in coordination with the United Kingdom, issued two new prohibitions Friday, April 12,..

The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) has learned of fraudulent attempts to solicit information from individuals and entities who may..

The U.S. Treasury's Financial Crimes enforcement network (FinCEN) proposed the Corporate Transparency Act (CTA)...

Over the last three months, public statements by U.S. Treasury and Internal Revenue Service officials have suggested that they are in the process of..

The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) has issued a final rule (the "CTA final rule") under the Corporate Transparency..

On Feb. 7, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking (NPRM)1 in response to..

On February 13, the Financial Crimes Enforcement Network ("FinCEN"), within the U.S. Treasury Department, issued a Notice of Proposed Rulemaking ("Proposed..

The United States Department of the Treasury (U.S. Treasury) announced that it aims to publish a proposed rule in early 2024 (the 2024 NPRM) that would subject..

On Jan. 16, 2024, the U.S. Treasury Department and the Internal Revenue Service (IRS) announced the delay of the requirement for persons engaged in a trade or..

On November 21, 2023, the U.S. Department of the Treasury admitted that Binance, the world's largest crypto asset (virtual currency) exchange business...

On December 11, 2023, the U.S. Treasury Department ("Treasury") and the U.S. Internal Revenue Service ("IRS") released Notice 2023-80 (the "Notice")...

On December 15, 2023, the U.S. Treasury Department ("Treasury") and the U.S. Internal Revenue Service ("IRS") issued Notice 2024-10 (the "Notice"), providing..

On December 19, 2023, the U.S. Treasury Department ("Treasury") announced the entry into force of the U.S.-Chile Income Tax Treaty (the "Treaty").

On December 28, 2023, the U.S. Treasury Department ("Treasury") and the U.S. Internal Revenue Service ("IRS") released Notice 2024-16 (the "Notice")...

On September 19, 2023, the U.S. Treasury Department introduced nine guiding principles for private sector financial institutions that have made net-zero..

On August 30, 2023, the U.S. Treasury Department (the "Treasury") and the Internal Revenue Service (the "IRS") published proposed regulations in the Federal..

On May 19, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued an amendment to Directive 4 of the Russian Harmful Foreign Activities..

In accordance with the Consolidated Appropriations Act, 2023 (Public Law 117-328), the U.S. Treasury and Commerce Departments recently issued reports Congress..

The rules would also make clear that ownership of a REIT by a QFPF does not count towards the domestic control requirement for D‑REIT status.