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Texas Energy Co. Is Owed $8.1M Research Credit, Court Told

by usoftax_admin | Sep 26, 2024 | Tax News

An energy company that said it developed a method for recycling water produced by fracking is owed $8.1 million in tax credits for research related to developing new oil production methods in the U.S. and Canada, the company told a Texas federal district court.

Senate Confirms 2 More Tax Court Judges

by usoftax_admin | Sep 26, 2024 | Tax News

The U.S. Senate approved two more of President Joe Biden’s nominees to serve on the U.S. Tax Court, marking the fourth and fifth judges the chamber has confirmed to the court in the past two months.

New Dutch budget could have TP spillover effect

by usoftax_admin | Sep 26, 2024 | Tax News

Dutch taxpayers will be able to deduct more of their interest payments from their tax bills from 2025 – it could have an impact on the arm’s-length pricing of financial transactions

CMS highlights from ITR’s Transfer Pricing Forum: The Italian perspective

by usoftax_admin | Sep 26, 2024 | Tax News

Vittoria Segre, partner at CMS Italy, reviews a range of TP topics discussed at the event, including financial transaction audits and permanent establishment issues

ITR Pillar Two Forum: New regime to supplant state aid pushback on favourable rulings

by usoftax_admin | Sep 26, 2024 | Tax News

The head of Skadden’s European tax practice said the recent Apple CJEU ruling could be the last of its kind as pillar two develops
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