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ARTICLE · 14 OCTOBER 2014

Tax Policy Update - October 6, 2014

McGuireWoods LLP
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Ten is the number of percentage points by which Republican Senator Pat Roberts (KS) trails his opponent, Independent Greg Orman (38 to 48), according to a recent poll.

United StatesTax
Russell Sullivan
Russell Sullivan
Danielle Dellerson
Danielle Dellerson

Number Of The Week: 10. The percentage points by which Republican Senator Pat Roberts (KS) trails his opponent, Independent Greg Orman (38 to 48), according to a recent NBC/Marist poll. If Roberts loses in Kansas, the GOP would need to pick up seven seats elsewhere to gain control of the Senate.

LEGISLATIVE LANDSCAPE

The House and Senate remain in recess until after the November elections, and are set to return on Nov. 12.

REGULATORY WORLD

More FATCA Form Updates. The IRS released updated information to foreign financial institutions reporting U.S.-owned accounts on Form 1099 under the Foreign Account Tax Compliance Act, instead of on Form 8966. The new information is available here.

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