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At a glance The main takeaway: Notice 2023-55 provides a reprieve from many elements of certain foreign tax credit regulations. Impact on your business: Taxpayers may choose to apply more favourable prior foreign tax credit regulations, including on a retroactive basis. Next steps: Aprio’s International Tax team can help multinational companies navigate complicated foreign tax credit rules in an effort to relieve a double tax burden on foreign source income.

Morison Global is excited to announce the expansion of its footprint in Latin America with the addition of Colombia Tributa SAS, headquartered in Bogotá, D.C., Colombia.

The Morison Global European board has elected Ariel Zitnitski, Zitnitski Weinstein (Tel-Aviv, Israel) as the new Chair of the European Board and the Morison Global North America Board has elected James Gomes, Calibre CPA Group (Washington DC/Chicago, US) as the new Chair of the North American Board.

Morison Global is delighted to announce the election of Normita Villaruz (Villaruz, Villaruz & Co; Philippines) as the new Chair of the Morison Global Asia Pacific Board of Directors.

Download the October 2023 edition of Morison Global Connections, our newsletter for clients and contacts, produced by Morison Global's experts.

Auditing firms play a pivotal role in helping companies set, measure, and monitor their Environmental, Social, and Corporate Governance (ESG) goals. As ESG considerations become increasingly critical for businesses, investors, and stakeholders, auditing firms can provide valuable expertise and assurance in the following ways: