by usoftax_admin | Dec 4, 2024 | Tax News
Sunoco affiliates cannot include oil sales to third parties intended as inventory exchanges when computing the company’s business activity allocable to New York, the state Tax Appeals Tribunal ruled, affirming the state’s denial of a $2.6 million... by usoftax_admin | Dec 4, 2024 | Tax News
A former assistant Treasury secretary during President-elect Donald Trump’s first term has been tapped to serve as deputy secretary of the U.S. Department of Treasury during Trump’s coming second term, the president-elect announced Wednesday. by usoftax_admin | Dec 4, 2024 | Tax News
Two Michigan Supreme Court justices expressed skepticism Wednesday toward a packaging company’s arguments that its due process rights were violated when an assessor’s notice of a tax exemption denial didn’t provide all the information the business... by usoftax_admin | Dec 4, 2024 | Tax News
A Georgia trial court erred when it found that Block, the financial services and mobile payments company, was due a $330,000 occupation tax refund from the city of Atlanta, a lawyer for the city told an appellate panel Wednesday. by usoftax_admin | Dec 4, 2024 | Tax News
The U.S. Treasury Department released final regulations Wednesday for the clean energy investment tax credit, which includes notable changes to the proposed energy property definition to include functional components in calculating the incentive’s value, such as...