by usoftax_admin | Jun 13, 2024 | Tax News
A partnership’s tax deduction for its donation of a conservation easement should not be limited to its adjusted basis in the property, the partnership told the Eleventh Circuit in urging it to overturn a U.S. Tax Court decision that it claims will hurt... by usoftax_admin | Jun 13, 2024 | Tax News
The story behind President Joe Biden’s son Hunter Biden’s conviction on federal gun charges started with a gun purchase in 2018, was complicated by a laptop repair in 2019, and could bleed into an upcoming trial on federal tax charges in California in... by usoftax_admin | Jun 13, 2024 | Tax News
A federal judge dismissed a Kansas City, Missouri, resident’s claims that the city unconstitutionally refused to credit his state income taxes paid to Kansas against his city earnings tax liabilities, ruling that a federal law barred the case from being lodged... by usoftax_admin | Jun 13, 2024 | Tax News
Miruna Enache of EY Romania reports on the country’s bold introduction of a minimum turnover tax as its digital tax transformation continues apace, while the potential adoption of progressive taxation is still hotly debated by usoftax_admin | Jun 13, 2024 | Tax News
Denmark’s finance ministry announced a package of more than 2.1 billion kroner ($302 million) in tax breaks and other measures for entrepreneurs that it says will help drive innovation and overall grow the country’s attractiveness for startups.