Department of Treasury April 11, 2019 – Federal Register Recent Federal Regulation Documents

Civil Monetary Penalty Inflation Adjustment-Alcoholic Beverage Labeling Act
Document Number: 2019-07220
Type: Rule
Date: 2019-04-11
Agency: Alcohol and Tobacco Tax and Trade Bureau, Department of Treasury, Department of the Treasury
This document informs the public that the maximum penalty for violations of the Alcoholic Beverage Labeling Act (ABLA) is being adjusted in accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended. Prior to the publication of this document, any person who violated the provisions of the ABLA was subject to a civil penalty of not more than $20,521, with each day constituting a separate offense. This document announces that this maximum penalty is being increased to $21,039.
Deduction for Foreign-Derived Intangible Income and Global Intangible Low-Taxed Income; Correction
Document Number: 2019-07118
Type: Proposed Rule
Date: 2019-04-11
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains a correction to a notice of proposed rulemaking (REG-104464-18) that was published in the Federal Register on Wednesday, March 6, 2019. The proposed regulations provided guidance to determine the amount of the deduction for foreign-derived intangible income and global intangible low-taxed income.
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