by usoftax_admin | May 23, 2024 | Tax News
Tennessee will double the amount of land within a property tax jurisdiction that may be classified as agricultural, forest or open-space land and subject to a lower tax assessment under a bill signed by the governor. by usoftax_admin | May 23, 2024 | Tax News
Premier League soccer team Nottingham Forest must pay its more than £345,000 ($438,000) value-added tax bill, the U.K.’s Upper Tribunal ruled in a decision published Thursday, dismissing an appeal of a lower court ruling that found HM Revenue & Customs filed... by usoftax_admin | May 23, 2024 | Tax News
A woman who claimed a tax deduction for nearly $37,000 in charitable donations to her church actually donated less than $20,000 and owes taxes on the difference, the Tax Court ruled in an opinion released Thursday. by usoftax_admin | May 23, 2024 | Tax News
Italy has added a temporary safe harbor provision to its implementation of the Organization for Economic Cooperation and Development’s global minimum tax to ease the transition for in-scope companies, the country’s finance ministry said. by usoftax_admin | May 23, 2024 | Tax News
The chairs of the Senate’s tax and budget committees said Thursday that they were investigating a meeting with former President Donald Trump and oil and energy companies and a trade association where Trump reportedly sought $1 billion in exchange for policy...