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Calif. Orchard Purchase Not Like-Kind Exchange, Court Says

by usoftax_admin | Feb 12, 2025 | Tax News

Two California business partners’ purchase of a citrus orchard with jury-awarded money does not constitute a like-kind exchange, a state appeals court ruled, saying the orchard wasn’t similar enough to the lost property covered by the award.

Maine House Bill Would Exempt Medical Cannabis From Tax

by usoftax_admin | Feb 12, 2025 | Tax News

Maine would exempt sales of cannabis sold for medical use from the state’s sales tax under a bill introduced in the state House of Representatives.

Squire Patton Brings On Polsinelli Tax Ace In Houston

by usoftax_admin | Feb 12, 2025 | Tax News

Squire Patton Boggs LLP announced Wednesday that a former Polsinelli PC shareholder has joined the tax strategy and benefits practice group in Houston, an addition that helps the firm address growing client needs.

Berger Singerman Adds Carlton Fields Tax Pro In Miami

by usoftax_admin | Feb 12, 2025 | Tax News

Florida business law firm Berger Singerman has added a new partner to its business, finance and tax team in Miami from Carlton Fields.

Indonesian tax update: regulation issued on pillar two alignment

by usoftax_admin | Feb 12, 2025 | Tax News

Aditya Wicaksono and Yoan Putra Muda of GNV Consulting report on the country addressing the global minimum tax, and a streamlining of the procedures used for tax corrections, objections, reductions, eliminations, and cancellations
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