The U.S. Department of the Treasury and Internal Revenue Service (IRS) have released proposed regulations on the stock buyback excise tax, a provision of President Biden’s Inflation Reduction Act.
WASHINGTON, March 5, 2024 – In a bid to address the ongoing housing shortage, the US Department of the Treasury has unveiled a comprehensive plan to increase the supply of housing across the United States.
WASHINGTON — December 1, 2023 – The U.S. Department of the Treasury‘s Office of Foreign Assets Control (OFAC) has announced additional sanctions targeting three entities and three vessels engaged in transporting Russian crude oil above the agreed-upon price cap set by the international coalition, known as the Price Cap Coalition.
WASHINGTON – November 22, 2023 – The U.S. Department of the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) has issued a consumer advisory today, emphasizing precautionary measures against the rising threat of cyber and online scams during the upcoming holiday shopping season.
WASHINGTON D.C., November 17, 2023 – The U.S. Department of the Treasury has given the green light to Washington, D.C.’s ambitious plan to receive up to $62 million in funding, as part of President Biden’s comprehensive Investing in America agenda.
WASHINGTON, November 16, 2023 – In a significant move aimed at curbing financial support for Russia’s invasion of Ukraine, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on three maritime entities and designated three vessels as blocked property.
WASHINGTON: The United States and Croatia on Wednesday signed a comprehensive income tax treaty between the two countries, according to an official statement issued by US Department of the Treasury. In a ceremony held at the US Department of State today, Under Secretary of State for Economic Growth, Energy and the Environment Jose W. Fernandez […]
WASHINGTON: The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) Monday sanctioned virtual currency mixer Tornado Cash, which has been used to launder more than $7 billion worth of virtual currency since its creation in 2019. This includes over $455 million stolen by the Lazarus Group, a Democratic People’s Republic of Korea […]