by usoftax_admin | Nov 20, 2024 | Tax News
A New York company that appointed an Italian citizen to its board of directors does not have to withhold state income tax for payments made to that board member, the state’s tax department said. by usoftax_admin | Nov 20, 2024 | Tax News
An accountant who hid $1.4 million from the IRS should be sentenced to at least a year in prison despite his stated mental health issues, the government told a Connecticut federal court, saying he seemed driven at least partly by greed and thought he wouldn’t... by usoftax_admin | Nov 20, 2024 | Tax News
Ireland’s Social Democrats are campaigning for this month’s general election on a 0.5% tax on individual’s assets over €1 million ($1.1 million) — excluding homes, family businesses, art and pensions — and 1% for assets over €2 million, according to... by usoftax_admin | Nov 20, 2024 | Tax News
Israel committed to implementing the Organization for Economic Cooperation and Development’s framework for automatically exchanging financial information regarding crypto-assets by 2027, the country’s Ministry of Finance said Wednesday. by usoftax_admin | Nov 20, 2024 | Tax News
A U.K. property company owes tax on its intragroup purchase of a lease for a 50-story apartment tower in central London for £200 million ($253 million) despite its tax advisers’ promise of a tax-free step-up in basis, the Upper Tribunal said Wednesday.