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Minn. Court Nudges $50K Off Tax Value Of St. Paul Home

by usoftax_admin | Nov 7, 2024 | Tax News

A Minnesota home was over-assessed and should have its valuation reduced by $50,000, according to the state’s tax court, taking into consideration a comparable sales analysis presented by the owners.

Ariz. Textile Launderer Denied Manufacturing Tax Break

by usoftax_admin | Nov 7, 2024 | Tax News

An Arizona company that launders, sanitizes and rents textiles to the healthcare industry was correctly denied a use tax exemption because it was not a manufacturing or processing operation eligible for the break, an Arizona appeals court said Thursday.

NJ Bills Seek Tax Amnesty Program To Increase School Aid

by usoftax_admin | Nov 7, 2024 | Tax News

New Jersey would offer a tax amnesty program next year in an effort to boost funding for schools under legislation that a trio of Republicans filed in the state Assembly and Senate.

Ariz. OKs Property Tax Credits For Unattended Nuisances

by usoftax_admin | Nov 7, 2024 | Tax News

Arizona property owners affected by public nuisances that local governments fail to address could qualify for tax refunds under Proposition 312, a ballot measure approved by state voters.

Varian Not Relevant In Liberty Global Case, US Tells 10th Circ.

by usoftax_admin | Nov 7, 2024 | Tax News

A U.S. Tax Court decision that granted medical device company Varian Medical Systems a deduction for dividends received from foreign subsidiaries does not support Liberty Global’s claims to a $110 million tax refund, the federal government told the Tenth Circuit...
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