by usoftax_admin | Jan 24, 2024 | Tax News
Cravath Swaine & Moore LLP attorneys provided tax advice to Johnson & Johnson on a landmark $41 billion spinoff of its consumer health business to Kenvue Inc. that led to a $4.37 billion initial public offering, earning the firm a spot among Law360’s... by usoftax_admin | Jan 24, 2024 | Tax News
A European Union proposal to provide for a common tax base for large multinational companies would make tax compliance more complex, specialists from the EU and U.S. said in published comments. by usoftax_admin | Jan 24, 2024 | Tax News
The lack of prosecutions under the historic legislation has led to the claim that it’s dropping off the radar by usoftax_admin | Jan 24, 2024 | Tax News
The U.S. Attorney’s Office in Philadelphia has asked a federal judge to impose a minimum prison sentence of three years on a father and two years on his son, after they admitted to running an $8 million tax-avoidance scheme at their iconic Tony Luke’s... by usoftax_admin | Jan 23, 2024 | Tax News
The IRS’s new Simple Notice Initiative follows a pilot that demonstrated how redesigned notices can improve taxpayer experience while reducing call volume. by usoftax_admin | Jan 23, 2024 | Tax News
A ballot initiative that would repeal Washington state’s controversial tax on capital gains has been certified by Washington’s secretary of state and will now go to the state Legislature, the secretary of state’s office announced Tuesday.