The final regulations require custodial brokers to report transactions on Form 1099-DA, which the IRS will release soon. A different set of final regulations with rules for decentralized, or noncustodial, brokers will be issued later.
Day: July 1, 2024
10 digital trends to build a value-driven controllership
Here’s how to go beyond routine process automation and apply strategies that bolster efficiency, autonomy and value.
Americanas ex-CEO released by Spanish police amid fraud probe
The police are looking into possible accounting and marketing fraud, market manipulation and use of privileged information.
IRS finalizes regs on stock repurchase tax
The IRS and Treasury Department released final regulations on how companies and tax pros should report and pay the 1% excise tax on corporate stock repurchases.
High court kneecaps Biden’s policy agenda
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Turkey turns to AI to crack down on rampant tax evasion
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