by usoftax_admin | Oct 8, 2024 | Tax News
China said Tuesday that it is appealing to the World Trade Organization to halt Turkish tariffs on electric and hybrid vehicles made in the country, and it announced a temporary anti-dumping measure on European Union brandy that follows the bloc’s own EV... by usoftax_admin | Oct 8, 2024 | Tax News
The Internal Revenue Service is seeking comments by Nov. 6 on a draft of a 2025 form for digital asset transaction reporting, according to a notice. by usoftax_admin | Oct 8, 2024 | Tax News
A Houston truck sales company owes nearly $2 million in excise taxes because it qualifies as the importer of tires that it bought from a Chinese manufacturer, the Fifth Circuit ruled Tuesday in overturning the decision of a Texas federal judge. by usoftax_admin | Oct 8, 2024 | Tax News
The U.S. Tax Court denied an Arizona woman’s request for relief from liability for a faulty return filed by her husband, saying on Tuesday that she failed to show she was a victim of abuse and incapable of challenging the filing. by usoftax_admin | Oct 8, 2024 | Tax News
An IRS official flagged administrability concerns Tuesday with potential safe harbors that would, in some cases, carve out an international minimum tax agreement from interacting with long-standing domestic rules aimed at preventing companies from using the same...