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5th Circ. Backs La. Doctor’s Tax Evasion Conviction

by usoftax_admin | Mar 18, 2025 | Tax News

The Fifth Circuit declined to overturn a Louisiana doctor’s felony tax evasion conviction, rejecting her contention that jurors received muddied instructions that led to her being wrongly found guilty of dodging $1.6 million taxes and sentenced to more than four...

Microsoft Cost-Share Receipts Tax Fight Sent To Trial In Mich.

by usoftax_admin | Mar 18, 2025 | Tax News

Microsoft’s challenge to Michigan’s tax treatment of its cost-sharing agreement receipts is headed to trial after the state’s tax tribunal said more proceedings are necessary to determine whether the ownership of the intellectual property in dispute...

Biz Groups Pan Corporate Tax Info Disclosure In Minn. Bill

by usoftax_admin | Mar 18, 2025 | Tax News

Business groups criticized Tuesday a provision in a Minnesota omnibus tax package that would require disclosure of the tax information of many large corporations, saying it would violate those companies’ privacy and hurt the state economically.

Judge Probes Atty Conflict In Vanguard $40M Settlement

by usoftax_admin | Mar 18, 2025 | Tax News

A Pennsylvania federal judge questioned whether attorneys representing investors suing Vanguard over surprise tax bills have a conflict of interest in pushing for a $40 million settlement, adding to concerns about a parallel regulatory settlement that has delayed...

Texas Supreme Court Affirms GEO Isn’t Tax-Exempt

by usoftax_admin | Mar 18, 2025 | Tax News

Private prison operator GEO Group Inc., which has operated detention facilities in Texas, isn’t eligible for a refund of state taxes because it doesn’t qualify for an exemption as a government agent or instrumentality, the Texas Supreme Court...
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