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Trump Calls On Justices To Stay Block Of Gov’t Restructuring

by usoftax_admin | May 16, 2025 | Tax News

President Donald Trump asked the U.S. Supreme Court on Friday to pause a California federal judge’s order temporarily halting agencies from implementing an executive order to plan reorganizations and reductions in force, claiming the lower court’s decision...

Korean-Language News Co. Cuts $4.3M Deal In Tax Case

by usoftax_admin | May 16, 2025 | Tax News

A Korean-language news publication reached a settlement with the U.S. government that will let it pay $4.3 million to resolve an agreed-upon tax judgment of $9.1 million plus interest, according to a stipulated order entered in California federal court.

Ala. Doubles Tax Tribunal Assessment Appeal Time

by usoftax_admin | May 16, 2025 | Tax News

Alabama doubled the amount of time it gives taxpayers to appeal assessments to the state tax tribunal or a circuit court under a bill signed by the governor.

Harmonized EU Soda Tax Could Be Beneficial, But Difficult

by usoftax_admin | May 16, 2025 | Tax News

European Union-wide taxes on unhealthy products, in particular sugary drinks, could help both promote public health and generate revenue, but the bloc would need to consider a number of complicating factors, said a study released Friday.

Full Pa. Court OKs Panel’s Nix Of Tax On Real Estate Transfer

by usoftax_admin | May 16, 2025 | Tax News

A panel of Pennsylvania appellate judges properly ruled that a state board wrongfully imposed a real estate transfer tax on the transfer of a partnership interest in a real estate company from one trust to another, the court ruled en banc. 

South Africa Rolls Out Online Foreign Royalty Tax Reporting

by usoftax_admin | May 16, 2025 | Tax News

Those needing to submit withholding tax forms for royalties paid to or for the benefit of a foreign person from a source within South Africa can now do so online, the country’s revenue agency said.
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