WHAT S NEW IN CHECKPOINT This document covers the most recent Checkpoint enhancements as of September 9, 2013. CREDITS AND INCENTIVES PINPOINTER The new Credits and Incentives Pinpointer on Checkpoint helps you quickly identify the vast universe of tax credits available for a business and also supports your next phase of research by providing complete details about each credit. No other tool brings together location-based searching as well as the ability to search credits by jurisdiction, credit type, or industry type without having to visit multiple places to understand the landscape of credits and incentives available. You can easily access details as needed with links to the Credits and Incentives Reporter for authoritative editorial explanations, with specific links to the relevant statutes and agency websites. News on Checkpoint helps you stay up to date with the latest changes to the credits. 2013 Thomson Reuters/RIA. All rights reserved.
FATCA ESSENTIALS FATCA Essentials on Checkpoint is a consolidation of all of the Checkpoint FATCA content. Editorial Analysis: Federal Tax Coordinator 2d (RIA) Michaels, International Taxation: Withholding (WG&L) Primary Source Material: Internal Revenue Code Sections 1471-1474 Final Regulations, TD 9610, January 17, 2013 Committee Reports IRS Notices Model intergovernmental agreements (IGAs) Country IGAs Joint statements IRS forms and instructions Topical Coverage from WG&L and WorldTrade Executive Journals: Journal of International Taxation (WG&L) Journal of Taxation (WG&L) Derivatives: Financial Products Report (WG&L) Corporate Taxation/Journal of Corporate Taxation (WG&L) Business Entities (WG&L) Latin American Law & Business Report (WTE) Practical Asian Tax Strategies (WTE) Practical China Tax and Finance Strategies (WTE) Practical European Tax Strategies (WTE) Practical International Corporate Finance Strategies (WTE) Practical International Tax Strategies (WTE) Practical Latin American Tax Strategies (WTE) Practical Mexican Tax Strategies (WTE) FATCA Essentials brings together in one place all the expert guidance and relevant primary source materials needed to understand the new FATCA reporting rules, determine whether a company (or a client) is subject to FATCA compliance, and how to comply with the FATCA rules. FATCA Essentials also provides detailed analysis from recognized international tax experts, comprehensive coverage from over a dozen international tax journals, daily coverage of new developments, and a collection of primary source materials, all of which combine to streamline FATCA research. All of these consolidated resources ensure that you are fully prepared for the reporting and withholding deadlines, as well as the complexities and evolving requirements of FATCA. 2
GAAP REPORTER We have significantly enhanced the search, navigation, and linking capabilities of GAAP Reporter based on user requests. The enhancements are designed to enable you to easily take full advantage of the paragraph-level detail of the editorial Explanations that are unique to GAAP Reporter, saving you valuable time. Specific enhancements include: The ability to search the GAAP Reporter Explanations on main search tab with other editorial content The ability to navigate through Explanations with the Next button through creation of the Explanations only Table of Contents folder. The ability to print all Explanations in a section, subtopic, or topic jointly Identification of Explanations with Logo Matter with an icon Improvement in the ordering of Explanations in the results by clicking an Explanation Top Line Links or Side Line Links Change in Default setting of Top Line Links/Side Link Links results to Expand All vs. Collapse All Improved linking from Explanations to related editorial content from WG&L and PPC. Internal linking from Explanations to related checklists, client letters, and memoranda in GAAP Reporter 3
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STATE AND LOCAL REPORTERS Credits and Incentives has been added as a new tax type to the State and Local Reporters on Checkpoint. This facilitates the ability to search for Credits and Incentives related details within the State and Local Reporters. This functionality will help you to efficiently find specific qualification details for each credit and incentive to assist you in your analysis. The Credits and Incentives category has been added in the Topical Filter Selection of the State & Local Highlights Customize email. It will now be easier to stay up-to-date with developments that might be important to you or your clients by having the Credit and Incentive State and Local Highlights email filter specifically selected for you to receive those details. 8
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