by usoftax_admin | Oct 23, 2024 | Tax News
New York’s method of taxing IBM and The Walt Disney Co.’s royalties received from foreign affiliates resulted in an unconstitutional discrimination against interstate commerce that warrants U.S. Supreme Court scrutiny, the Council on State Taxation told... by usoftax_admin | Oct 23, 2024 | Tax News
The Internal Revenue Service obtained the proper written approval of penalties on most of the tax code violations it brought against semiconductor manufacturer Microsemi but left room for doubt on two penalties, the U.S. Tax Court said. by usoftax_admin | Oct 23, 2024 | Tax News
Whether a business has applied for the pandemic-era employee retention tax credit, received a denial letter or is still considering making a claim before the April 15 deadline, it should examine recent developments significantly affecting the program before planning... by usoftax_admin | Oct 23, 2024 | Tax News
Language on a ballot measure in an Arizona city to replace an expiring local sales tax with a new one with a lower rate was misleading, an appeals court said, rejecting the city’s statement that the measure would reduce taxes. by usoftax_admin | Oct 23, 2024 | Tax News
Foley & Lardner LLP has ramped up its innovative technology sector and transactions practice group with two former Burr & Forman LLP partners in Jacksonville, Florida, where a Foley & Lardner leader said their arrival aligned with the firm’s...