February 2019

FEATURED EVENT – SAVE THE DATE

2nd Annual Bloomberg Tax Leadership Forum: Preparing Multinationals for a Changing Tax Landscape

June 27, 2019
Bloomberg L.P.
New York, NY

The 2017 Tax Cuts and Jobs Act fundamentally changed the tax landscape for U.S. businesses, as well as had broad implications for multinational corporations. The leadership forum is a unique opportunity to engage with regulators, policy leaders, industry experts, corporate tax leaders, and those in the financial services industry as they adjust to this new climate and look toward business growth in 2020.

Join us to gain deep insights into global tax planning, transfer pricing, and taxation of digital assets. 

Learn more or register  here.

Revised Portfolios

Product Enhancements

New International Homepage
Simplifies international tax treaty access:

  • Treaties box provides a full listing of agreement types, with links to each treaty topic.
  • Treaty Primer now featured in the Expert Analysis section.
  • Treaty Comparison Tool and Multilateral Instrument Tool can both be found under Practice Tools.

Treaty Comparison Tool
Allows you to assess and evaluate articles from different international treaties – within one centralized location. Country choices no longer disappear and new text appears if a treaty doesn’t address a specific topic. 

International Forum Landing Page
Makes it easier to search and browse for current and past topics. It shows a comparative study of international tax law issues. Each topic includes a fact pattern and detailed responses from expert practitioners based in 19 major industrial countries. 

Transfer Pricing Forum Landing Page
Presents a comparative study of transfer pricing issues. Each topic includes a question and detailed responses from expert practitioners based in over 20 major industrial countries.

Special Reports

Opportunity Zones Proposed Regulations Roadmap
Proposed regulations provided guidance relating to the type of gains that may be deferred, the time by which deferred gain must be invested, and the manner in which investors may elect to defer specified gains. Included is a definition of qualified opportunity zone business property. This roadmap highlights key takeaways from the proposed regulations. 
Download your copy today.

Base Erosion and Anti-Abuse Tax Proposed Regulations Roadmap
In 2017 §59A was added to the Code, changing the way certain outbound payments made by certain taxpayers with substantial gross receipts were taxed. In December 2018 proposed regulations under §59A contained guidance regarding the determination of the tax on base erosion payments rules for determining if a taxpayer was subject to the BEAT rules for determining the amount of base erosion payments and base erosion tax benefits. Reference this detailed roadmap for additional guidance.
Download your copy today.

Section 199A Regulations Roadmap
In January 2019, regulations were released that finalized the August 2018 proposed regulations with some modifications. This roadmap highlights significant differences between the August 2018 proposed regulations and the final regulations, along with additional changes in the January 2019 proposed regulations. 
Download your copy today.

Jumpstart Podcasts

Fine Tuning an Estate Plan After Death – Part 2 The second in a two-part podcast about how to maximize the benefit to beneficiaries through income tax planning.

Hybrid Arrangements (267A) This podcast is a discussion surrounding the new proposed regulations under 267A conducted by Bloomberg Tax experts.

Trust Planning with §199A This podcast covers the impacts of §199A as it relates to existing and future trust-related arrangements.

Executive Compensation Changes Impacts of recently issued IRS guidance made by the 2017 tax act to deferred compensation.

 

January 2019

 

Product Enhancements

Tax Reform Guidance Watch

Provides the latest information on guidance and proposed regulations issued by the IRS to implement provisions under the 2017 tax act through our roadmaps, Daily Tax Report® articles, proposed and final regulations, and podcasts posted alongside key IRC and Tax Management Portfolios. 

Quick Tax Reference 2018/2019

Includes tables, charts, and schedules that incorporate the changes from the 2017 Tax Act (Pub. L. No. 115-97) and the Bipartisan Budget Act of 2018 (Pub. L. No. 115-123) in PDF format. A print copy was mailed to subscribers.

Expand Page Option

Allows the reader to have an easier, more comprehensive reading experience. The Expand Page Option instantly opens the document in a wider view, eliminating white space on either side of the page.

Sales & Use Tax Rate Finder

Brings you timely and accurate sales and use tax rate information for every taxing jurisdiction in the U.S. (including Puerto Rico) and Canada. The latest enhancements include:

  • Improved search results using street address or Zip + 4 code
  • More detailed rate information in one place to save you time.
  • Customizable fields, export and import capabilities, and ability to set up favorites.
  • Rate-change emails that include Excel files for easy firmwide referencing.

Related-Content BNA Pick – U.S. Income Tax Treaties

Brings resources together in one place to improve users’ ability to cross-reference to the explanatory content most relevant to them. Those researching in-force U.S. income tax treaties in English can now conveniently access documents like protocols, technical explanations, committee reports, and memoranda from the Related-Content BNA Pick on the right side of the page.

 


2018 Tax and Accounting Enhancements


To help you navigate the ever-shifting landscape of federal, state, and international taxation and financial accounting, Bloomberg Tax has added even more content, features, and practice tools. Below is a summary of some of the enhancements made in 2018 – all with the goal of equipping you with the resources you need to provide exceptional tax guidance and stay up-to-date on tax reform developments as they unfold. View our Year End Enhancements video.

Tax Reform

Legislative efforts are underway to expand upon the changes made by the 2017 federal tax act, but the bills will require 60 votes to pass in the Senate – and thus the support of at least some Democrats. The Treasury Department and the IRS are also playing a major role in shaping the impact of tax reform legislation through the issuance of regulations and other guidance. Our editors, reporters, and network of leading practitioners are tracking, reporting, and providing insights and analysis on developments as they unfold.

Tax Reform Watch

Provides the latest information about tax reform legislation through our Tax Reform Roadmap and Tax Reform Guidance Roadmap , Daily Tax Report® articles, the latest bill text, FAQs, client letters, podcasts, and state tax impact.

Federal Tax

Bloomberg Tax Internal Revenue Code

Bloomberg Tax is pleased to offer full text of the current Internal Revenue Code free of charge. Whether on our free site or on our product, our IRC is updated continuously and includes Editor’s Notes written by expert staff at Bloomberg Tax indicating when a section has been repealed or when there is a delayed effective date, allowing you to see the current and future law. Links to related code sections make it easy to navigate within the IRC.

BNA Legislative History

Access to our exclusive legislative history, covering the period from 1959 to the present. Appearing as a button in the Internal Revenue Code, BNA Legislative History provides exclusive analysis of how Congress has amended specifi code sections over time.

Quick Tax Reference Guides

Tables, charts, and schedules that incorporate the changes from the 2017 Tax Act (Pub. L. No. 115-97) and the Bipartisan Budget Act of 2018 (Pub. L. No. 115-123).


2019 Federal Tax Guide

A must-have reference for preparing 2018 individual and business tax returns for the year ahead. The 2019 Federal Tax Guide covers taxation of individuals, corporations, estates and trusts, and pass-through entities.

IRC 199A Deduction Calculator

Quickly determine the deduction under Section 199A for 20% of the Qualified Business Income (QBI) of pass- through entities, such as partnerships and S corporations, with our new tool.

Client & IRS Response Letters

Access our library of Client & IRS Response Letters. For each IRS Response Letter, we explain the purpose, taxpayer action required, samples of each letter, and links to additional resources.

Practice Guides & Checklists

Gain practical guidance on important tax topics and transactions, including new Practice Guides on the 199A deduction, year-end tax planning strategies, estate planning, partnership, and more. Each guide reviews the most important considerations and provides links to key Portfolios, primary sources, and a checklist.

State Tax

Wayfair Coverage

States in recent years have enacted a frenzy of new laws and regulations to capture more tax revenue from online sales. However, they have confronted one primary hurdle in doing so: the much-maligned “physical presence” rule from the U.S. Supreme Court’s 1992 Quill Corp. v. North Dakota decision.

Sales and Use Tax Navigator

Now includes nexus rules for online marketplace sellers that might not otherwise be covered by states’ economic or affiliate nexus standards.

Corporate Income , Pass-Through Entities , and Individual Income Tax Navigators

The Corporate Income, Pass-Through Entities, and Individual Income Tax Navigators now include specific tax return due dates for tax years 2015 to present; conformity to the federal due date change and other compliance issues; and short period return filing information for corporations and pass-through entities.

Pass-Through Entity Navigator

Now includes states’ guidance on the treatment of I.R.C. §199A on the deduction for qualified business income and I.R.C. §965 on the transition tax on deferred foreign income.

Corporate Income Tax Navigator

Now includes states’ guidance on the treatment of I.R.C. §951A on global intangible low-taxed income (GILTI) and foreign derived intangible income (FDII) and I.R.C. §965 on the transition tax on deferred foreign income.

Puerto Rico

State tax professionals have expanded access to the Puerto Rico library, which includes a Portfolio, Country Guide, and VAT Navigator chapters and translated PDF tax forms.


International Tax

Country Guides

The Global Tax Guide has a new name: Country Guides . This change better represents the comprehensive scope of our international content and makes it easier for you to navigate to the compliance information you need for your research.

BEAT Calculator

The Bloomberg Tax BEAT Calculator saves time by enabling you to easily compute the BEMTA by entering the components of the calculation into an easy-to-follow interface. You can input any relevant credits, various streams of income, and deductions into preset fields, which are readily available for editing to see the impact changed values would have on your minimum tax.

MLI Watch

Stay current on the OECD’s Multilateral Instrument with the BEPS Tracker, MLI tool, and treaty alerts. The clearinghouse MLI Watch page features these tools, plus practitioner commentary, links to OECD content, and the latest synthesized texts from signatory countries.

News

News has a fresh look on Bloomberg Tax that makes it easier to find, read, and share articles. The enhanced presentation of the Daily Tax Report and other tax publications features a modern display of news stories as well as new options for filtering tax topics and customizing your emails. The updated look makes it easier to view articles on mobile devices, share via social media, and navigate to other Bloomberg Tax publications.

Federal Tax Developments Tracker

Stay up-to-date with new developments with our powerful Federal Tax Developments Tracker. This new tool provides comprehensive coverage, concise summaries and direct links to dozens of federal developments each day, including IRS agency documents, regulations, tax cases, and much more.

Payroll

Full domestic and international Payroll content is now available on Bloomberg Tax. The Payroll Tab features the practical and comprehensive Payroll Administration Guide, daily news and developments, interactive charts, and coverage for all 50 states and more than 90 countries. It also delivers strategic white papers, webinars, and custom research designed to help professionals carry out their payroll responsibilities.

Financial Accounting

Bloomberg Financial Accounting has moved to a great new platform designed for accounting professionals. Available to Bloomberg Tax subscribers, Financial Accounting features nearly 90 Portfolios, U.S. GAAP Summaries, Fast Answers, daily news and developments, an SEC EDGAR search tool, and topic pages

for hot topics such as accounting for income taxes, revenue recognition, and leasing. All content is searchable and linked to standard-setter content, including FASB, AICPA, and IASB.

 

September/October 2018

New and Revised Portfolios

New: 

635: Privilege in Tax and Accounting Matters
1240: Income Taxes: Mergers and Acquisitions
5210: Property and Casualty Insurance

Revised:

188-2nd: Taxation of Equity Derivatives
364-2nd: Qualified Retirement Plans – Mergers, Acquisitions, and Other Corporate Transactions
584-2nd: Low-Income Housing Tax Credit 
391-5th: Employment Status -- Employee v. Independent Contractor 
620-3rd: Practice Before the IRS; Attorney's Fees in Tax Proceedings 
624-3rd: Portfolio 624-3rd: Audit Procedures for Pass-Through Entities
815-3rd: Planning for Authors, Musicians, Artists, and Collectors
860-2nd: Revocable Inter Vivos Trusts
1590-2nd Recovery of Attorney's Fees in State Tax Controversies (Archived)
1800-2nd State Taxation of Banks and Financial Institutions (CA, IL, NY, TN)
5202-3rd Accounting for Trusts and Estates  
5204-3rd Hospital Accounting
5206-3rd: Oil and Gas Accounting: Upstream Operations
5511-2nd: Privilege in Tax and Accounting Matters
7090-2nd: Business Operations in Colombia

Special Reports

Planning Year-End Tax Strategies for Business Entities for 2018

Planning Year-End Tax Strategies for Individuals for 2018

Tax Reform 2.0 Roadmap

Opportunities for Small Businesses: The 2017 Tax Act and Beyond

Podcasts

Jumpstart is a new podcast series from the Bloomberg Tax editorial team that discusses tax law changes made by the 2017 tax reform act.

Section 245A

Section 199A - Application, Part 2

Section 199A - Update, Part 1

FDII (Foreign-Derived Intangible Income)

Product Enhancements

New topics are now available in an enhanced state tax subscription
  • The Sales and Use Tax Navigator now includes:
    • Nexus rules for online marketplace sellers that might not otherwise be covered by states’ economic or affiliate nexus standards
  • The Corporate Income, Pass-Through Entities, and Individual Income Tax Navigators now include:
    • Specific tax return due dates for tax years 2015 to present
    • Conformity to the federal due date change and other compliance issues
    • Short period return filing information for corporations and pass-through entities
  • The Pass-Through Entity Navigator now includes states’ guidance on the treatment of:
    • I.R.C. § 199A on the deduction for qualified business income
    • I.R.C. § 965 on the transition tax on deferred foreign income
  • The Corporate Income Tax Navigator now includes states’ guidance on the treatment of:
    • I.R.C. § 951A on global intangible low-taxed income (GILTI) and foreign derived intangible income (FDII)
    • I.R.C. § 965 on the transition tax on deferred foreign income
All of this new state tax analysis can be accessed via Navigators and Chart Builders on the State tab.

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August 2018

New and Revised Portfolios

New: 

537: Qualified Business Income Deduction: Section 199A
5163: Foreign Currency Transactions and Translations
6650-1st: Dual Consolidated Losses

Revised:

768-4th: Stock Sales Subject to Section 304
808-4th: Estate Planning for Corporate Executives
1340-2nd Sales and Use Taxes: Drop Shipment Transactions
5136-3rd Contingent Environmental Liabilities: Disclosures and Accounting
5503-3rd: Managing Legal Risk in the Financial Reporting Process

Podcasts

Jumpstart is a new podcast series from the Bloomberg Tax editorial team that discusses tax law changes made by the 2017 tax reform act.

Like-Kind Exchanges Under IRC Code Section 1031

GILTI

Business Interest Limitation

Changes to Charitable Contributions Deductions Provisions

Deferred Compensation

Meals & Entertainment

Deferred Foreign Income Treatment (Section 965)

Tax Accounting Changes

Special Reports

How Revenue Has Changed for Public Energy Companies

Opportunity Zone Programs: Overview and FAQs

Unscrambling State Online Sales Taxation After

Alimony, Prenuptial Agreements, and Trusts Under the 2017 Tax Act

Section 965: Understanding the Transition Tax

Product Enhancements

Updated Treaty Primer: A Practical Guide to Understanding Income Tax Treaties
This recently updated guide was written by leading practitioners and is available to subscribers who receive the Treaties database as part of their subscription

MLI enhancements available to international tax subscribers including:

  • MLI Watch landing page which provides access to all of our MLI coverage in one place
  • A Multilateral Instrument Tool detailing jurisdictions’ status and MLI Positions
  • Alerts and editorial guidance within affected treaties allowing users to understand the MLI’s implications on individual agreements
  • English-language versions of each signatory country’s reservations and notifications

Country Guides

The Global Tax Guide has a new name: Country Guides. This change better represents the comprehensive scope of our international content, and makes it easier for you to navigate to the compliance information you need for your research.


BEAT Calculator

The Bloomberg Tax BEAT Calculator saves time by enabling you to easily compute the BEMTA by entering the components of the calculation into an easy-to-follow interface. You can input any relevant credits, various streams of income, and deductions into preset fields, which are readily available for editing to see the impact changed values would have on your minimum tax.


Bloomberg Tax Internal Revenue Code

Bloomberg Tax is pleased to offer full-text of the current Internal Revenue Code free of charge. This site is update continuously and includes Editor’s Notes written by expert staff at Bloomberg Tax indicating when a section has been repealed or when there is a delayed effective date allowing you to see the current and future law. Links to related code sections make it easy to navigate within the IRC.

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June 2018 

New and Revised Portfolios

Revised:
386-5th Insurance-Related Compensation
388-7th: Section 403(b) Arrangements
523-4th: Deductibility of Legal and Other Professional Fees
539-4th T.M., Net Operating Losses -- Concepts and Computations
774-4th T.M., Single Entity Reorganizations: Recapitalizations and F Reorganizations 
828-3rd Insurance-Related Compensation
1340-2nd: Sales and Use Taxes: Drop Shipment Transactions
2150-1st Michigan Business Tax (Archived)
2160-2nd Michigan Single Business Tax (Archived)
2200-2nd: New York State and City Corporation Income Taxes for Tax Years Before 2015
6240-1st: CFCs — Foreign Base Company Income (Other than FPHCI)


New:
5163-1st: Foreign Currency Transactions and Translations
7152-1st: Business Operations in Hong Kong

Podcasts

Jumpstart is a new podcast series from the Bloomberg Tax editorial team that discusses tax law changes made by the 2017 tax reform act.

Jumpstart  Changes to Unrelated Business Income Tax Rules for Exempt Organizations
Jumpstart – Depreciation
Jumpstart – Section 199A

 

Special Reports

Next Steps in Tax Reform: Issues in the 2017 Tax Act That the Government May Look to Fix

Taxing Digital Companies: Challenges for Multinationals Amid Emerging Regulation

Weighing ‘Wayfair’: States Adjusting to Landmark Online Sales Tax Ruling

Tax Extenders – Expiring and Recently Expired Federal Tax Provisions

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May 2018 

New and Revised Portfolios

New:
487-1st: Employee Benefits for Tax-Exempt Organizations
528-1st: Income Tax Definition of Life Insurance and Annuity Contracts
586-1st.: Rehabilitation Tax Credit
1110-3rd: Income Taxes: Definition of a Unitary Business

Revised: 
462-2nd: Tax-Exempt Organizations – Unrelated Business Income Tax (Sections 511, 512, and 513)
742-4th: Real Estate Investment Trusts
772-5th: Corporate Acquisitions
784-4th: Corporate Liquidations
7450-2nd: Business Operations in the European Union – Taxation
1350-3rd Sales and Use Taxes: Communications Services and Electronic Commerce
1360-2nd Sales and Use Taxes: Retail Sales Issues

Product Enhancements

IRC 199A Deduction Calculator
Quickly determine the deduction under Section 199A for 20% of the Qualified Business Income (QBI) of pass-through entities, such as partnerships and S corporations, with our new tool.

Federal Tax Developments Tracker
Stay up-to-date with new developments with our powerful Federal Tax Developments Tracker. This new tool provides a concise summary and direct links to dozens of federal developments each day, including IRS agency documents, regulations, tax cases, and much more.

Client & IRS Response Letters
Access our library of Client & IRS Response Letters. For each IRS Response Letter, we explain the purpose, taxpayer action required, samples of each letter, and links into additional resources.

Wayfair Coverage
States in recent years have enacted a frenzy of new laws and regulations to capture more tax revenue from online sales. However, they have confronted one primary hurdle in doing so: the much-maligned “physical presence” rule from the U.S. Supreme Court’s 1992 Quill Corp. v. North Dakota decision.

Special Reports

Lease Accounting

Cryptocurrency: U.S. Income Tax and Related Issues

Understanding the 2017 Tax Act Changes to Bonus Depreciation and First-Year Expensing

State Tax - Tax Reform Legislative Roadmap

Talking Tax Podcasts

Lawmakers Stick To Political Talking Points on Tax Overhaul

ABA Tax Section Chair Previews Spring Meeting

Path Emerges for Tax Law Fixes; Ways and Means Openings

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April 2018 

New and Revised Portfolios

New:
186-2nd: Financial Instruments: Special Rules
381-5th: Statutory Stock Options
570-4th: Accounting Methods — General Principles
586: Rehabilitation Tax Credit

Revised:
462-2nd: Tax-Exempt Organizations – Unrelated Business Income Tax (Sections 511, 512, and 513)
784-4th: Corporate Liquidations
7450-2nd: Business Operations in the European Union – Taxation

Product Enhancements

BNA Legislative History

Access to our exclusive legislative history, covering the period from 1959 to the present. Appearing as a button in the Internal Revenue Code, BNA Legislative History provides exclusive analysis of how Congress has amended specific Code sections over time.


Quick Tax Reference Guides

Tables, charts, and schedules that incorporate the changes from the 2017 Tax Act (Pub. L. No. 115-97) and the Bipartisan Budget Act of 2018 (Pub. L. No. 115-123). A print copy was mailed to subscribers. Contact your local Bloomberg Tax representative for additional copies.


2018 Federal Tax Guide & Supplement

A must-have reference for preparing 2017 individual and business tax returns for the year ahead. The 2018 Federal Tax Guide covers taxation of individuals, corporations, estates and trusts, and pass-through entities. Updates from the 2017 Tax Act for 2017 filing can be found here.

Special Reports

Section 199A: Understanding the 20% Pass-Through Deduction

Diversity and Inclusion Study

Impact of U.S. Tax Reform on Foreign Countries

2018 State Legislative Previews

Industry-Specific Impact of Tax Reform

Talking Tax Podcasts

Tax Cases at the Supreme Court

Federal Tax Implications of Crowdfunding

Takeaways From the Recent ABA Tax Section Meeting

ABA Videos

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January/February 2018 

New and Revised Portfolios

New:
181-1st: Time Value of Money--Holders of Debt Instruments
721-1st: Partnership Noncompensatory Options
1270-1st: Sales and Use Taxes: Streamlined Sales Tax System
6585-1st: Collateralized Loan Obligations
6520-1st: U.S. Income Taxation of Foreign Governments, International Organizations, Central Banks, and Their Employees

Revised:
648-2nd: Reportable Transactions

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December 2017

Tax Reform

The Tax Act has brought about some of the most significant changes to the U.S. tax system since 1986. Our editors, reporters, and network of leading practitioners are tracking, reporting, and providing insights and analysis on developments as they unfold. Visit Tax Reform Watch to stay up-to-date on all the changes.

Tax Reform Watch

Provides the latest information about tax reform legislation through our Roadmap, Daily Tax Report® articles, the latest bill text, client letters, and Alerts posted alongside key IRC and Tax Management Portfolio sections.

2018 Federal Tax Guide

A must-have reference for preparing 2017 individual and business tax returns for the year ahead. The 2018 Federal Tax Guide covers taxation of individuals, corporations, estates and trusts, and pass-through entities.

2017 Interactive Tax Forms

Click on the Tax Forms (Interactive) link, click the “Launch” button, and the program will automatically update. Archives now back to 1991.

Practice Guides & Checklists

Concise, easy-to-use, practitioner-written guides enabling you to get a quick overview and key considerations on a given topic. The guides are linked to relevant Tax Management Portfolios for a deeper dive and contain downloadable checklists.

BNA Legislative History

Access to our exclusive legislative history, covering the period from 1959 to the present. Appearing as a button in the Internal Revenue Code, BNA Legislative History provides exclusive analysis of how Congress has amended specific Code sections over time.

Product Training

Bloomberg Tax Product Training

For live training that includes CPE credit, register for Bloomberg BNA Essentials here.

For on-demand training that includes CPE credit, click here.

Bloomberg Tax Video Tutorials

Discover how to quickly find the information you need on Bloomberg Tax with quick product video tutorials. Watch the video tutorials.

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November 2017

Federal Tax Guide - See TOC

Tax Reform

New and Revised Portfolios

U.S. Income Portfolios
New:
U.S. Federal Securities Law Aspects of Merger and Acquisition Transactions (315-1st)

Revised:
ESOPs (354-9th)
Tax Incentives for Production and Conservation of Energy and Natural Resources (512-2nd)
Partnerships – Taxable Income; Allocation of Distributive Shares; Capital Accounts (712-4th)
Dividends – Cash and Property (764-4th)

 

October 2017

New and Revised Portfolios

Sales & Use Tax Portfolios
New:
The Machinery and Equipment Exemption (1330-3rd)

U.S. Income Portfolios
New:
Partnerships – Taxable Income; Allocation of Liabilities; Basis Rules (714-4th)

August/September 2017

Disaster Relief
Bloomberg BNA has been closely monitoring tax developments related to these natural disasters. Visit the Hurricane Relief Guidance page on Bloomberg BNA Tax & Accounting to view up to date news and source material related to hurricane relief measures.

Treaty Primer
Bloomberg BNA is excited to announce the release of the NEW Treaty Primer: A Practical Guide to Understanding Income Tax Treaties.This Guide was written by leading practitioners and is available to subscribers who receive the Treaties database as part of their subscription.

New and Revised Portfolios

U.S. Income Portfolios
New:
Tax Incentives for Production and Conservation of Energy and Natural Resources (512-2nd)
Insider Trading Under the Federal Securities Laws and Other Insider Trading Restrictions Federal Securities Laws: Executive Compensation Disclosure Rules (307-1st)
Section 1411 -- Net Investment Income Tax (511-1st),
Tax and ERISA Implications of Employer-Provided Medical and Disability Benefits (330-1st)
Capitalizing a Business Entity: Debt vs. Equity (702-1st)
Tax Whistleblower Laws and Programs (632-1st)

Revised:
Responsible Person and Lender Liability for Trust Fund Taxes – Sections 6672 and 3505 (639-4th)
Tax Aspects of Restructuring Financially Troubled Businesses (541-5th)
IRS National Office Procedures -- Rulings, Closing Agreements (621-4th)
Transferee Liability (628-4th)
Accounting for Long-Term Contracts (575-2nd)
Bankruptcy and Insolvency Restructurings; Discharge of Indebtedness (540-4th)
Section 199: Deduction Relating to Income Attributable to Domestic Production Activities (510-3rd)
Age, Sex, and Disability Discrimination in Employee Benefit Plans (363-5th)
Responsible Person and Lender Liability for Trust Fund Taxes – Sections 6672 and 3505 (639-4th)
Tax Aspects of Restructuring Financially Troubled Businesses (541-5th)

Estates, Gifts, and Trusts
New:
Section 1411 -- Net Investment Income Tax (873-1st)

Revised:
Managing Fiduciary Liability (857-2nd)
Dynasty Trusts (838-2nd)
Community Property: General Considerations (802-3rd)

Foreign Income Portfolios
New:
Business Operations in Hungary (7155-1st)
Business Operations in the Baltic States (7025)
Business Operations in the European Union – Regulatory (7451-1st)
Business Operations in Denmark (7100-1st)
Business Operations in Brazil (7040-1st)

Transfer Pricing Portfolios
Revised:
Transfer Pricing Rules and Practice in Selected Countries (Q-S) (6970-1st)
Transfer Pricing Rules and Practice in Select Countries (C-D) (6945-1st)

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July 2017

State Tax: Pass-Through Entity Navigator
The Pass-Through Entity Navigator is a new indispensable research tool, featuring over 1,700 chartable topics. Whether you’re seeking guidance on formation, conformity to federal tax classifications, taxes imposed, withholding, or composite returns, you can quickly create short or full answer charts to compare topics by states and find the information you need.

State Tax: Unclaimed Property Navigator
The Unclaimed Property Navigator offers a comprehensive state-by-state look at different topics, including the new coverage of voluntary disclosure agreements, audits, and compliance requirements. All unclaimed property topics are now fully chartable so you can easily make comparisons by state and quickly navigate to each state’s unclaimed property laws.

New and Revised Portfolios

State Tax Portfolios
Revised:
Sales and Use Taxes: Mergers and Acquisitions (1370-2nd)

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June 2017

Multilateral Instrument (MLI) Tracker 
Bloomberg BNA is closely monitoring MLI developments in each signing country, and has produced a Multilateral Instrument (MLI) Tracker, that follows each signatory country’s reported choices of positions in adopting the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI). [ACCESS THE MLI TRACKER]

Multilateral Instrument (MLI) Alerts  
You will notice new "alerts" highlighting potential changes to treaties within the specific treaty documents potentially affected or not affected by the MLI.  

Treaty Primer  
Bloomberg BNA is excited to announce the release of the NEW Treaty Primer: A Practical Guide to Understanding Income Tax Treaties.This Guide was written by leading practitioners and is available to subscribers who receive the Treaties database as part of their subscription. [VIEW THE TREATY PRIMER]

New and Revised Portfolios

U.S. Income Portfolios
New:
Insider Trading Under the Federal Securities Laws and Other Insider Trading Restrictions (309-1st)
Revised:
Amortization of Intangibles (533-4th)

Estates, Gifts, and Trusts
Revised:
Grantor Trusts (Sections 671-679) (819-2nd
Foreign Income Portfolios

New:
U.S. Income Tax Treaties — Provisions Relating Only to Individuals (6870-1st)

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April/May 2017

New and Revised Portfolios

U.S. Income Portfolios
New:
Federal Securities Laws: Executive Compensation Disclosure Rules (307-1st)
Section 1411 -- Net Investment Income Tax (511-1st)
Revised:
IRS National Office Procedures -- Rulings, Closing Agreements (621-4th)
Transferee Liability (628-4th)
Accounting for Long-Term Contracts (575-2nd)

Foreign Income Portfolios
New:
Business Operations in the Baltic States (7025)

Estates, Gifts, and Trusts
New:
Section 1411 -- Net Investment Income Tax (873-1st)

State Tax
New:
2017 State Tax Departments Survey

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March 2017

Tax Reform Alerts

We’re excited to introduce a new feature to help you understand how tax reform and other proposals may impact you. You will notice a new “Alert” appearing next to selected Portfolio discussions, key IRC sections and regulations, alerting you to potential changes. 

More “Alerts” will appear as President Trump and Congress begin acting on tax reform and other proposals. Bloomberg BNA is closely monitoring tax reform and working to help you understand how tax law and other changes might affect you and your clients. 
[GO TO THE ALERT NOW]

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Tax Reform Watch
The Future of the U.S. Tax Code

President Donald Trump and House Republicans have promised to make a revamped tax code a top priority in the first 100 days of the new administration. Our editors, reporters, and network of leading practitioner experts are tracking, reporting, and providing insights and analysis on developments as they unfold across every area of tax. 

Keep track of all the latest Tax Reform developments. [VISIT TAX REFORM WATCH NOW]

Get analysis on tax developments straight to your inbox. [REGISTER FOR NEWS UPDATES]

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­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­Tax & Accounting Podcast, Talking Tax

Announcing Talking Tax, a New Podcast Series.
Stay up-to-date on what’s happening with tax. Access Bloomberg BNA’s new tax podcast series,
Talking Tax

Discover what’s new in Congress, in the courts and the IRS on subjects like the Inversion Lawsuit, E-commerce Tax, proposed IRS Estate Tax Regulations, and developments in the U.S. Tax Court.  [LISTEN TO A PODCAST]

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Sign up for Complimentary Training

Introducing Bloomberg BNA Essentials for Bloomberg BNA Tax & Accounting. Sign up for one of our courses designed to help you get to the essential tax information you need and fulfill your credit requirements.

With Bloomberg BNA Essentials, you’ll get more than an easy way to elevate your understanding of the tax information that Bloomberg BNA has to offer, you’ll earn one CPE credit per course…and discover product expertise that will connect you with our experts faster than ever before.  [SIGN UP NOW]

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New! GO TO Countries

View all of the Portfolios, analysis, treaties, news and developments for a specific country. [GO TO COUNTRIES]

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New! Treaty Finder

Quickly find in-force, English, income tax treaties by selecting treaty partners. [ GO TO TREATY FINDER]

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Expansion of International Tax Forms Collection

We’ve expanded our tax forms collection to include translated Individual Income Tax Forms. We have also built on our current collection of Corporate Income, VAT and Withholding Tax forms to include Individual (or Personal) Income Tax forms. The collection includes English-translated PDF forms, as well as the Original Language forms released by government authorities. [VIEW THE COLLECTION]

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Daily Tax Report: State

Our state news coverage has expanded from weekly to daily to cover critical state tax issues, multistate tax issues and trends. We’ve also added more insight articles from state tax practitioners and daily updates of the lastest state tax developments. You can navigate to your State news coverage by clicking on the State icon in the top navigation menu. You can also select email settings that meet your needs, including topics and jurisdictions. [VIEW ONLINE INSTRUCTIONS]

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New and Revised Portfolios

U.S. Income Portfolios
Revised:
Reasonable Compensation (390-6st)
Earnings and Profits (762-4st)
Tax Court Litigation  (630-5th)

Foreign Income Portfolios
New:
Business Operations in Switzerland (7380-1st)

Estates, Gifts, and Trusts
Revised:
Income in Respect of a Decedent (Section 691) (862-4th)

As always, we welcome and encourage your feedback. Please send your comments and suggestions to bnatax@bna.com.