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US experts dissect Fortune 100 transfer pricing risks

by usoftax_admin | Feb 19, 2025 | Tax News

Taxpayers that operate internationally need to be better prepared for increased tax and TP scrutiny, one expert tells ITR

Ky. Bill Seeks To Replace Tax Appeals Board With Tribunal

by usoftax_admin | Feb 19, 2025 | Tax News

Kentucky would create a tribunal with authority over all state and local tax disputes, replacing the state’s Board of Tax Appeals, under a bill introduced in the state House of Representatives.

Ill. Dept. OKs Quantum Computing Building Tax Credit Regs

by usoftax_admin | Feb 19, 2025 | Tax News

Illinois individual and corporate taxpayers may claim income tax credits for a portion of wages paid to workers employed in the construction of quantum computing campus facilities, the state Department of Revenue said in adopted regulatory amendments.

Minn. Bill Seeks Bank Tax Break For Commercial Loans

by usoftax_admin | Feb 19, 2025 | Tax News

Minnesota would allow financial institutions to take a tax subtraction for their income from certain commercial loans under legislation introduced in the state House.

Minn. Senate Panel OKs Repealing Tax On Illegal Drugs

by usoftax_admin | Feb 19, 2025 | Tax News

Minnesota would repeal its rarely paid tax on illegal sales of cannabis and other drugs under legislation passed Wednesday by a state Senate committee.
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