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‘Serious, deliberate, dishonest’: Ex-EY Australia partner banned over misconduct

by usoftax_admin | May 16, 2025 | Tax News

Peter White, who has a tax debt of A$2 million, has been banned for five years from seeking registration with Australia’s Tax Practitioners Board (TPB)

This week in tax: Pillar two deal won’t disadvantage EU companies, tax chief says

by usoftax_admin | May 16, 2025 | Tax News

Wopke Hoekstra’s comments followed US measures aimed against ‘unfair foreign taxes’; in other news, Grant Thornton and Holland & Knight made key tax partner hires

Ga. Atty Gets 16 Mos. For Role In $1.3B Tax Shelter Scheme

by usoftax_admin | May 15, 2025 | Tax News

A Georgia attorney has been sentenced to 16 months in federal prison and slammed with an $8 million bill after pleading guilty to helping orchestrate a $1.3 billion tax scheme involving fraudulent conservation easements.

La. Tax Dept. Looks At Taking On Remote Seller Audits

by usoftax_admin | May 15, 2025 | Tax News

The Louisiana Department of Revenue is interested in assuming audit responsibilities from the state’s remote sellers commission, an official suggested Thursday, saying the department’s more robust staffing may make it better positioned to enforce sales tax...

Tax Court Rejects Biz Owners’ $34M Interest Deduction

by usoftax_admin | May 15, 2025 | Tax News

The owners of a transportation brokerage business are not allowed to deduct more than $34 million in claimed interest expenses, the U.S. Tax Court said Thursday, sustaining determinations by the Internal Revenue Service.
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