by usoftax_admin | Jun 11, 2024 | Tax News
A Michigan Court of Appeals judge said Tuesday that the state’s tax agency was asking the court to turn its back on recent precedent to hold that Nationwide entities couldn’t file as a unitary business to share insurance tax credits across their group... by usoftax_admin | Jun 11, 2024 | Tax News
The parent company of failed Silicon Valley Bank has told a New York bankruptcy judge it wants him to decide if it owes the Internal Revenue Service more than $605 million in taxes. by usoftax_admin | Jun 11, 2024 | Tax News
Two Guyanese businessmen and a Guyanese official were sanctioned by the U.S. Treasury Department on Tuesday after a probe into a corruption scheme that helped the businessmen evade $50 million in gold export taxes that should have been paid to Guyana’s... by usoftax_admin | Jun 11, 2024 | Tax News
Rhode Island would allow its Division of Taxation and secretary of state’s office to share information on a business’ tax status as part of a bill passed by lawmakers and headed to the governor. by usoftax_admin | Jun 11, 2024 | Tax News
A Tennessee company’s refurbished trucks do not qualify for the safe harbor from the heavy-truck excise tax and should not be exempt from roughly $400 million in excise taxes, penalties and interest, the U.S. government told the Sixth Circuit.