In The News

For tax year 2022, Ireland will exempt income from Irish income tax and Universal Social Charge (USC) if earned by Ukrainians located in Ireland because of the war in Ukraine as long as certain conditions are met.

In advance of the Finalissima football match between Italy and Argentina, being played at Wembley Stadium, London, on 1 June 2022, HMRC has proposed an income tax exemption for non-U.K. resident players.

Denmark and France recently signed a new treaty to prevent the double taxation of income, including income from pensions earned in one country but paid in the other.

The IRS provides adjustments to the limitation on housing expenses for specific locations for purposes of the U.S. foreign housing cost exclusion under IRC §911.