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BofA Deserves Tax Refunds On Merger Interest, 4th Circ. Told

by usoftax_admin | May 22, 2024 | Tax News

The IRS should not have been allowed to keep the interest paid on 23 years’ worth of tax underpayments by seven companies that merged into Bank of America, the company told the Fourth Circuit, arguing that the underpayments should be offset by overpayments under...

IRS Again Delaying Dividend Anti-Abuse Regs

by usoftax_admin | May 22, 2024 | Tax News

The Internal Revenue Service is again extending the transition period for rules that govern certain financial transactions that could avoid withholding on dividend payments to foreign taxpayers, it announced Wednesday.

China passes new Tariffs Law

by usoftax_admin | May 22, 2024 | Tax News

Lewis Lu of KPMG China looks at the recently passed Tariffs Law and the advancements in tax legislation

Five minutes with… Vishal Sharma, Alvarez & Marsal

by usoftax_admin | May 22, 2024 | Tax News

Sharma, managing director for A&M in the United Arab Emirates, tells ITR about intense time pressures, mimicking Jurgen Klopp and what makes tax cool

FTC Noncompete Ban Raises Stakes For Nonprofit Hospitals

by usoftax_admin | May 21, 2024 | Tax News

The Federal Trade Commission seems eager to apply its employee noncompete ban to healthcare, with a key target in mind: nonprofit healthcare providers that, in the agency’s view, act more like for-profit businesses.
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