IRS Issues Notice 2026-15 , First Guidance on Prohibited Foreign Entity Rules for Energy Tax Credits
February 24, 2026
Notice 2026-15: IRS guidance on prohibited foreign entity rules for energy tax credits, providing a compliance framework for PFE material assistance rules.
Australia's Results Decline in the Latest Corruption Perceptions Index
February 24, 2026
Australia’s drop in the latest Corruption Perceptions Index highlights growing integrity and governance risks amid a broader global decline. What does this mean for organizations, and how can leaders use CPI insights to strengthen risk management and compliance?
IRS Provides Practical Roadmap for 100% Depreciation of Qualified Production Property (Notice 2026-16)
February 23, 2026
On February 20, 2026, Treasury and the IRS released Notice 2026-16, providing interim guidance on the new 100% special depreciation allowance for qualified production property (QPP) under Internal Revenue Code §168(n).