The US Treasury announced a new Protocol to the income tax treaty between the United States and Japan in late January 2013. The new Protocol amends the existing tax treaty, concluded in 2003, to bring that agreement into closer conformity with the current tax treaty policies of both the United States and Japan.
Agreement provides for full exchange of information between the competent tax authorities
Makes US-Spain treaty more similar to other US-EU member state treaties.
The IRS has implemented interim changes to the review and issuance process of Individual Taxpayer Identification Numbers.
Form 990 is an annual information return which must be filed with the IRS by most organizations exempt from income tax under section 501(a), and certain political organizations and nonexempt charitable trusts. In January, the IRS published a revised version of the form.