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Australia moves closer to pillar two

by usoftax_admin | Aug 24, 2024 | Tax News

The ATO has worked with in-scope Australian entities to minimise compliance costs when transitioning to the new 15% global minimum corporate tax

Wash. Justices Affirm Convicted Ex-State Auditor Disbarment

by usoftax_admin | Aug 23, 2024 | Tax News

The Washington Supreme Court affirmed a recommendation to disbar convicted former state auditor Troy X. Kelley after he was imprisoned on felony theft charges, finding that Kelley’s crimes justified the disbarment sanction.

Chamber Backs Doctor In Tax Court Economic Substance Suit

by usoftax_admin | Aug 23, 2024 | Tax News

The U.S. Chamber of Commerce lent its support to an eye doctor and his wife’s U.S. Tax Court case disputing accuracy-related penalties that the Internal Revenue Service plans to impose on their microcaptive insurance arrangements for lacking economic...

Intended Financial Harm Counts In Sentencing, 4th Circ. Says

by usoftax_admin | Aug 23, 2024 | Tax News

A split Fourth Circuit panel on Friday upheld a South Carolina woman’s 30-month sentence for filing false tax returns and making false statements on applications for Paycheck Protection Program loans, finding that a sentencing range can be calculated using the...

IRS Spinoff Guidance Sparks Worries About Short-Term Debt

by usoftax_admin | Aug 23, 2024 | Tax News

Companies that intend to give creditors equity tied to a spinoff transaction won’t get early tax-free approval if the exchange involves recently acquired debt under IRS guidance that practitioners say draws an arbitrary line without accounting for ordinary...
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ustax.cpa
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Office + 1 (917) 238-1621

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Ireland

info@ustax.cpa

Sey Tax Group
Sey Tax Ltd
Morrison Chambers
32 Nassau Stree§t Suite 30
Ireland D02 P2N6

Phone  + 353 1 6834066

Fax        + 353 1 9011795

 

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