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Navistar Appeals $2.7M Ohio Receipts Tax Assessment

by usoftax_admin | Aug 1, 2024 | Tax News

Navistar on Thursday appealed the Ohio tax commissioner’s $2.7 million commercial activity tax assessment, telling the state Board of Tax Appeals that it was wrongly taxed on items sold at a reduced price, cash deposits and replacement parts.

Coca-Cola, IRS Enter $2.7B Tax Bill In Transfer Pricing Dispute

by usoftax_admin | Aug 1, 2024 | Tax News

Coca-Cola and the IRS submitted tax liability calculations totaling $2.73 billion to the U.S. Tax Court, reflecting the latest step in the company’s long-running transfer pricing dispute over the agency’s reallocation of the company’s foreign...

Chipotle Bundled ‘Service Fee’ With Tax To Hide It, Suit Says

by usoftax_admin | Aug 1, 2024 | Tax News

Chipotle customers filed a proposed false advertising class action in California federal court Wednesday accusing the fast-casual Mexican chain of tacking on secret “eye-popping service fees” bundled with a “tax” for online delivery orders at...

Calif. Couple Ordered To Pay $1.5M Tax Bill

by usoftax_admin | Aug 1, 2024 | Tax News

A California couple must pay more than $1.5 million for three years’ worth of unpaid tax liabilities, plus interest and any other additions, a federal district court ruled Thursday.

Direct File Will Be Available In New Mexico, IRS Announces

by usoftax_admin | Aug 1, 2024 | Tax News

New Mexico will participate in the Internal Revenue Service’s free electronic tax return filing program known as Direct File in the 2025 tax filing season, the agency and the U.S. Department of the Treasury announced Thursday.
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