FFCRA – What Has Changed for 2021?

Please see the summary prepared by Shelagh Michaud, Irene Scholl-Tatevosya, and Kimberly K. Harding of Nixon Peabody LLP regarding the Consolidated Appropriations Act and the FFCRA (Family First Coronavirus Response Act). The article from Nixon Peabody addresses the effects on extended tax credits for employers. The article also includes links to other updates the law firm […]

Stimulus legislation temporarily relaxes flexible spending arrangement rules

Please see the summary prepared by  Damian A. Myers, Yelena F. Gray, and Lena Gionnette of Nixon Peabody LLP regarding the Consolidated Appropriations Act. The article from Nixon Peabody addresses the effects on FSAs. Please see below. Stimulus legislation temporarily relaxes flexible spending arrangement rules The recently signed Consolidated Appropriations Act is intended to provide […]

Italy & New Transfer Pricing Documentation Requirements

Italian Tax Authorities have issued new instructions regarding transfer pricings. Please read about these changes below, in the article entitled “Italy issues new transfer pricing documentation requirements and proposes changes to APA procedure”, drawn up by Ernst & Young LLP (EY). Executive summary On 23 November 2020, the Italian Tax Authorities issued new instructions (New […]