Congressional Reference Service Examines Tax Treatment of Employer-Provided Aircraft (February 17, 2006).

Michigan Professor’s Testimony on Closing International Tax Gap (August 1, 2006).

IRS Provides Waiver of Estimated Tax Penalty for Certain U.S. Taxpayers Abroad (Feb. 13, 2007)

Jonathon Moore and John Dougherty have prepared this brief summary.  Summary of Sarbanes-Oxley Act.

The U.S. Internal Revenue Service has issued useful guidance on valuation discounts achievable with the use of a family limited partnership or family limited liability company.  These are two of the most useful estate planning tools.  They may be useful also when planning for imposition of an Exit Tax, should this be enacted.  Appeals Settlement Guidelines/Family Limited Partnerships and Family Limited Liability Companies (Jan. 29, 2007).

The Joint Committee on Taxation has published a study on tax exempt organizations that may be used to draft reform legislation.  Joint Committee on Taxation, Description of Present Law Relating to Charitable and Other Exempt Organizations and Statistical Information Regarding Growth and Oversight of the Tax-Exempt Sector (June 22, 2004).

U.K. Inland Revenue (now called HM Revenue & Customs) has issued a background paper on the rules that permit non-British individuals to reside in the U.K. and pay tax on limited amounts of income.  Reviewing the residence and domicile rules as they affect the taxation of individuals:  a background paper (April 2003).  This paper may foreshadow changes following the expected selection of Gordon Brown as Prime Minister around May 2007 or the next national general election in 2008.

The Joint Committee on Taxation has issued a comparison of the U.S. 1996 Model Income Tax Treaty and the 2006 Model Income Tax Treaty.  JCT Comparison of 1996 Model Treaty and 2006 Model Treaty (May 8, 2007).