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Tax Court Nominees Vow To Sort Out Post-Chevron Cases

by usoftax_admin | Jul 10, 2024 | Tax News

Three nominees for spots on the U.S. Tax Court assured Senate lawmakers Wednesday that they could resolve cases involving federal regulations and congressional intent after the U.S. Supreme Court overturned the Chevron deference doctrine.

OECD Publishes Pillar 2 Technical Reporting Language Draft

by usoftax_admin | Jul 10, 2024 | Tax News

The Organization for Economic Cooperation and Development published a draft of technical details required to digitally input and disseminate information required for Pillar Two global minimum tax returns Wednesday.

MGM’s Suit Against Mich. Tax For Ill. Riverboat Sale Tossed

by usoftax_admin | Jul 10, 2024 | Tax News

A Michigan subsidiary of MGM failed a requirement to request an alternative apportionment method before going to court in its challenge of a corporate income tax assessed on gains from its sale of an interest in a riverboat casino, the state Court of Claims...

Americans Overseas Ask for Clarity In Foreign Trust Regs

by usoftax_admin | Jul 10, 2024 | Tax News

An advocacy group representing U.S. citizens living abroad urged the U.S. Treasury Department to clarify proposed rules for reporting transactions with foreign trusts, contending that guidance should explain which common pension arrangements are exempt from disclosure...

NJ OKs Relaxing Worker Location Rules For Tax Credits

by usoftax_admin | Jul 10, 2024 | Tax News

New Jersey made it easier for businesses with remote employees to qualify for some of the state’s tax breaks and grant programs by loosening the state’s employee location requirement under a bill signed by Gov. Phil Murphy on Wednesday.
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Sey Tax Group
Sey Tax Ltd
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Ireland D02 P2N6

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