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Fried Frank Hires White & Case Partner For NY Office

by usoftax_admin | Mar 6, 2025 | Tax News

Fried Frank Harris Shriver & Jacobson LLP announced it appointed a longtime White & Case LLP partner to serve as senior counsel in the firm’s mergers and acquisitions and private equity practices. 

Tax Interest Rates To Stay Unchanged In 2nd Quarter

by usoftax_admin | Mar 6, 2025 | Tax News

The Internal Revenue Service’s interest rates for overpayments and underpayments of tax will stay the same in the second quarter of 2025 after dropping to start the year, the agency said Thursday.

India: AON TP ruling ‘will act as strong precedent’

by usoftax_admin | Mar 6, 2025 | Tax News

The court emphasised that TP analysis must adhere to the arm’s-length principle, be based on the specific facts of each transaction and comply with domestic regulations, one expert says

Trump Says He Wants To Pass Tax Cuts For Everyone

by usoftax_admin | Mar 6, 2025 | Tax News

President Donald Trump said he wants to make the Tax Cuts and Jobs Act’s income tax cuts permanent, make interest payments on certain car loans tax deductible and eliminate taxes on tips and overtime during a joint address to Congress on Tuesday.

Agencies Have ‘Ultimate’ Authority Over Firings, OPM Says

by usoftax_admin | Mar 6, 2025 | Tax News

The Office of Personnel Management on Tuesday issued a revised version of its January memo directing agency heads to identify all probationary employees, adding a disclaimer that OPM “is not directing agencies to take any specific performance-based...
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