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Italy: Landmark decision on the taxation of indirect lending

by usoftax_admin | Apr 24, 2025 | Tax News

Francesco Di Bari of Alma LED explains how an Italian Supreme Court ruling marks a pivotal shift in the tax treatment of interest on indirect lending, restoring key exemptions for qualified foreign institutional investors

Asian clients unimpressed with firms’ team depth, exclusive data reveals

by usoftax_admin | Apr 24, 2025 | Tax News

ITR’s research shows that in-house tax counsel in Asia also feel underserved by their advisers’ international networks

NY, 11 Other States Sue Trump Administration To Block Tariffs

by usoftax_admin | Apr 23, 2025 | Tax News

A dozen states are seeking to block tariffs the Trump administration imposed under the International Emergency Economic Powers Act, claiming in a lawsuit Wednesday the tariffs illegally constitute unprecedented tax hikes on Americans and violate constitutional...

TurboTax Maker Fends Off H&R Block’s False Ad Claims

by usoftax_admin | Apr 23, 2025 | Tax News

A California federal judge tossed H&R Block’s claims that competing tax-preparation company Intuit duped its customers into buying its TurboTax product by falsely claiming an expert would review returns, saying H&R Block failed to show the expert review...

11th Circ. Denies Couple’s Medical, Business Deductions

by usoftax_admin | Apr 23, 2025 | Tax News

The Eleventh Circuit rejected Wednesday numerous tax deductions that a couple had claimed for business and medical expenses, affirming the U.S. Tax Court’s position that the pair failed to provide enough supporting documents to take advantage of the...
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