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Archive for September 27th, 2022

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GAO Issues Report on Stimulus Checks During COVID-19 Pandemic, GAO Report: Stimulus Checks–Direct Payments to Individuals during the COVID-19 Pandemic (GAO-22-106044)

The Government Accountability Office (GAO) issued a report on stimulus checks during the Coronavirus 2019 (COVID-19) pandemic. From April 2020 to December 2021, the federal government made direct payments to taxpayers totaling $931 billion to address pandemic-related financial stress. Report Findings Some eligible taxpayers never received payments. Eligible taxpayers can still claim their payments through […]

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OECD Delays Pillar One of International Tax Reform to Mid-2023

The Organisation for Economic Co-operations and Development (OECD) is delaying the implementation of Pillar One of the landmark agreement on international tax reform. A new Progress Report on Pillar One, which includes “a comprehensive draft of the technical model rules to implement a new taxing right that will allow market jurisdictions to tax profits from […]

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