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‘Our clients will be disappointed’: Experts criticise UK chancellor’s Budget

by usoftax_admin | Oct 30, 2024 | Tax News

The UK is ‘heading to Scandinavia’ as its tax burden increases and isn’t creating an attractive environment for a wave of investment, experts have told ITR

Mayo Shouldn’t Get Tax Break For Education, 8th Circ. Told

by usoftax_admin | Oct 30, 2024 | Tax News

The Eighth Circuit should overturn a ruling that found the Mayo Clinic’s intertwined medical and educational purposes qualified it for a tax exemption on certain business income for educational institutions, the U.S. government argued, saying a recent Fifth...

IRS Seeks Taxpayer Advocacy Panel Members From 14 States

by usoftax_admin | Oct 30, 2024 | Tax News

The Internal Revenue Service is accepting applications for its Taxpayer Advocacy Panel from 14 states and Puerto Rico, the agency said Wednesday.

Va. Biz Wrongly Collected Sales Tax, Commissioner Rules

by usoftax_admin | Oct 30, 2024 | Tax News

A Virginia fabricator of products for construction erroneously collected and remitted sales tax on property it installed in real estate and may seek a credit, but it owes sales tax on its purchases from vendors, the Virginia tax commissioner said.

MAPs: Egyptian perspective on a key mechanism in resolving double taxation disputes

by usoftax_admin | Oct 30, 2024 | Tax News

Nouran Ibrahim and Karim Adel of Saleh, Barsoum & Abdel Aziz – Grant Thornton Egypt say mutual agreement procedures will have a vital role to play as the country modernises its tax infrastructure
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Ireland D02 P2N6

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