Shahzad Malik of Stradling, Yocca, Carlson & Rauth on the Foreign Account Tax Compliance Act

On this edition, Shahzad Malik discusses Foreign Account Tax Compliance Act and Tax Extenders Bill provisions that would impose a 30% withholding tax on payments from U.S. sources to foreign financial institutions and others, absent an agreement with the IRS to provide detailed information about U.S...

Shahzad Malik on the recent IRS Announcement 2010-9 about uncertain tax position reporting.

On this edition, Shahzad A. Malik of Stradling, Yocca, Carlson & Rauth discusses recent IRS Announcement 2010-9 and its potential impact on corporate taxpayer reporting of uncertain tax positions. Mr. Malik analyzes the Announcement's effect on the "uncertain tax position" standard...