The United States (US) is located in North America and is bordered on the north by Canada, on the east by the Atlantic Ocean, on the south by the Gulf of Mexico and Mexico, and on the west by the Pacific Ocean. The United States does not have an official language at the federal level; however, English is the de facto national language. The currency is the United States dollar (USD). The United States is a constitution-based federal republic. Its federal government is comprised of a legislative branch, executive branch, and judicial branch. The legislative branch has an elected Senate and House of Representatives. The executive branch is led by an elected President and an appointed cabinet of leaders of federal agencies that administer the laws enacted by the legislative branch.

1. Pwc Us Tax News

The judicial branch is organised into circuits with the power to review the decisions of the district courts. Ultimate review of lower court decisions is handled by the US Supreme Court. Geographically, the United States is divided into 50 states and one federal district, Washington, DC, the capital city. The state governments mirror the structure of the federal government in that they all have legislative, executive, and judicial branches.

Each of the states has county (parish), city, and municipal governments. The United States also has 14 dependent territories. These territories also may have lower governmental bodies. All of the levels of government, from federal to state to municipality, have authority to tax, legislate, and regulate. A complex system determines which has primary authority over an issue. The federal court system is based on English common law. Each state has its own unique legal system, of which all but one (Louisiana, which is influenced by the Napoleonic Code) is based on English common law.

A primary component of the judicial system is the judicial review of legislative and executive acts. The United States is a member of a number of international organisations, including being a permanent member of the United Nations (UN) Security Council, a member of the North Atlantic Treaty Organization (NATO), a member of the G-7, a member of the North American Free Trade Agreement (NAFTA), a member of the Organisation for Economic Co-operation and Development (OECD), and a member of the World Trade Organization (WTO). PwC’s US Tax practice helps organisations and individuals create the value they're seeking. Our marketplace knowledge, industry insight, and technical expertise helps you better manage your business and improve performance in today’s ever-changing environment. Our US Tax Practice is made up of 11,000 tax professionals who are part of an integrated, worldwide community of 40,000 tax professionals. PwC's global network of firms offers results-driven insight and technology to deliver tax services wherever you do business.

Pwc Us Tax News

PwC's Tax practice has the experience and depth of knowledge on a wide variety of tax issues to address your unique business needs and challenges. For more information about PwC’s tax services and capabilities, please visit us at.

Basic Information Author: PricewaterhouseCoopers (PWC) Publisher: Wolters Kluwer (HK) (formerly CCH) ISBN: 480 Published In: August 2018 Format: Paperback, 1100 pages Jurisdiction: Hong Kong Description Wolters Kluwer annually published Hong Kong Master Tax Guide which has long been regarded as the leading provider in up-to-date guidance and in-depth analysis on taxation practice in Hong Kong for over two decades. This 27th edition of the Hong Kong Master Tax Guide 2018/19 provides an overview of the current taxation system in Hong Kong with authoritative references and valuable understanding on the latest tax issues in Hong Kong for readers in the business community. Key Features The latest 2018/19 edition delivers the most up-to-date tax law changes in Hong Kong and their implications including:. Updates on the new concessionary revenue measures proposed in the 2018/19 Budget;.

Updates on the two-tier profits tax rates;. Updates on international tax development including the proposed tax regulations in response to the Organisation for Economic Co-operation and Development’s Base Erosion and Profit Shifting Project; and. The proposed enhanced tax deduction regime on research and development expenditure. Expertly updates provided by PricewaterhouseCoopers Limited, the Hong Kong Master Tax Guide 2018/19 is a consolidated and practical reference that provides comprehensive information on taxes in Hong Kong. Recent developments and regulations governing the taxation of companies and individuals in Hong Kong are also covered.

The Hong Kong Master Tax Guide 2018/19 is published by Wolters Kluwer, the world leading’s workflow solutions provider and publisher of the Master Tax Guides for jurisdictions including US, UK, China, Canada, Australia, Singapore, Malaysia, India, Japan, Taiwan, Macao and Thailand. Like all these widely-used publications, the Hong Kong Master Tax Guide 2018/19 will be an irreplaceable reference for tax and accounting professionals and students.