by usoftax_admin | Mar 27, 2025 | Tax News
An Indiana excavating company isn’t entitled to a sales tax exemption on machines it didn’t use directly in mining operations, but it can get a use tax refund for some out-of-state purchases, the state’s tax department said. by usoftax_admin | Mar 27, 2025 | Tax News
The Internal Revenue Service finalized slightly fewer advance pricing agreements for U.S. multinational corporations in 2024 following a record high in the previous year, according to an agency report released Thursday. by usoftax_admin | Mar 27, 2025 | Tax News
A Michigan packaging company’s tax exemption appeal was properly dismissed by the state Tax Tribunal over a lack of jurisdiction, the Michigan Supreme Court ruled, overturning an appellate court decision. by usoftax_admin | Mar 27, 2025 | Tax News
Two interim tax committees in Colorado, along with several other panels, would not meet in 2025 under legislation approved unanimously by the state House. by usoftax_admin | Mar 27, 2025 | Tax News
Utah trimmed its individual and corporate income tax rates, its corporate franchise tax rate and expanded eligibility for a Social Security benefits tax credit under legislation signed by the governor. by usoftax_admin | Mar 27, 2025 | Tax News
An Indiana medical center was correctly denied its request for a sales tax refund for purchases of oxygen and prosthetics because the purchases didn’t qualify as tax-exempt medical equipment, the Department of State Revenue said.