Page 282 - TaxAdviser_2022

Volume 53, Number 6 June 2022

TAX CLINIC

Social Security concerns
for remote workers and
international assignees .................. 7
No employer refund for
tax payments made on
employee’s behalf .......................... 9
OECD DEMPE and risk
guidance in the US ....................... 12

Secondary transfer-pricing
adjustments .................................. 14
Transfer pricing and MAP:
Common traps for the unwary ..... 16
‘Swag bags’ are back:
Influencers and noncash
compensation .............................. 18
Early signs from Treasury on
the scope of digital asset cost
basis reporting ............................. 19

Tennessee taxation of
passthrough entities ..................... 21
Foreign tax credit: Changing
from cash to accrual basis ........... 24

DEPARTMENTS

26 A strategy to raise a business’s TAX PRACTICE MANAGEMENT .. 34

interest limitation PERSONAL FINANCIAL
PLANNING .................................... 38
By Neal Vandenberg, Jonathan Brignall, and Richard Schneible
CASE STUDY ................................ 42
Many companies are subject to the Sec. 163(j) limitation on the deductibility of TAX TRENDS ................................ 46
business interest. This article discusses a potential strategy to allow more interest
to be deducted under the limitation involving the strategic adoption of FASB
Accounting Standards Codification Topic 606, Revenue From Contracts With Tax News
Customers.
For the latest tax news, visit
TheTaxAdviser.com.
On the cover: Image by fatido/iStock; above: Image by desifoto/iStock

2 June 2022 The Tax Adviser