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Dentons Adds Pair Of Husch Blackwell Tax Attys

by usoftax_admin | Jun 7, 2024 | Tax News

Two South Carolina tax attorneys have joined Dentons’ corporate, tax and private client practice as partners after moving from Husch Blackwell LLP, the firm announced on Thursday.

IRS Scrutinizing Hospitals’ Tax Exemptions, Official Says

by usoftax_admin | Jun 7, 2024 | Tax News

The Internal Revenue Service’s Tax-Exempt & Government Entities Division has started auditing tax-exempt hospitals to ensure they’re complying with exemption requirements, an agency official said Friday.

Halliburton Wrongly Denied $11.3M Deduction, Court Told

by usoftax_admin | Jun 7, 2024 | Tax News

The Internal Revenue Service is arbitrarily and wrongfully refusing to refund Halliburton over $11.3 million in tax deductions taken for a payment to a foreign government to secure the safety of the company’s employees, Halliburton told a federal court.

Fed. Circ. Panel Doubts Bid To Nix Actavis’ $12M Deduction

by usoftax_admin | Jun 7, 2024 | Tax News

A Federal Circuit panel seemed skeptical of the government’s bid to overturn a decision allowing drugmaker Actavis to deduct $12 million it spent fending off lawsuits as it secured approval to sell generics, raising the question during oral arguments Friday...

Taxation With Representation: Vinson, Latham, Ropes & Gray

by usoftax_admin | Jun 7, 2024 | Tax News

In this Week’s Taxation with Representation, Waste Management buys Stericycle, Becton Dickinson pays $4.2 billion for Edwards Lifesciences’ critical care products unit, Aquiline Capital Partners raises over $3.4 billion in fund capital, and Bain Capital...
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