Throughout 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control ("OFAC") published 12 enforcement actions regarding ...

The criminal case is the latest scandal plaguing the automotive industry in recent years involving vehicle emissions and ...

The activities of a US company’s foreign subsidiary shouldn’t be attributed to the US parent in sourcing its services income for purposes of determining limitations on its use of the foreign tax ...

In 2023, Swiss-companies invested more money in their foreign subsidiaries than they withdrew for the first time since 2018. In total, companies based in Switzerland invested CHF49 billion ($54.8 ...