by usoftax_admin | Mar 13, 2025 | Tax News
The ruling underscores that tax authorities must provide ‘detailed, well-supported, and logically sound justifications’ when determining reference prices in tax assessments, one expert told ITR by usoftax_admin | Mar 12, 2025 | Tax News
A Michigan Court of Appeals judge sounded skeptical Wednesday of a medical cannabis provisioning center’s claim that nonbinding guidance from the state tax agency shielded it from collecting sales tax for the first year after a law regulating its type of... by usoftax_admin | Mar 12, 2025 | Tax News
Costa Rica’s tax revenue makes up just 25% of the country’s gross domestic product, thanks in part to regressive exemptions to value-added and personal income taxes and its overall narrow tax bases, the Organization for Economic Cooperation and Development... by usoftax_admin | Mar 12, 2025 | Tax News
A cannabis company that convinced the U.S. Tax Court to allow deadline extensions for requests for collections hearings before the Internal Revenue Service is not entitled to an extension for one of the tax years it had challenged, the court said Wednesday. by usoftax_admin | Mar 12, 2025 | Tax News
House Ways and Means Committee Republicans rejected an attempt Wednesday by Democrats to force President Donald Trump’s administration to hand over documents related to the Department of Government Efficiency’s access to U.S. Treasury Department payment...