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Mo. Regs Define ‘Good Faith’ For Tax Exemption Certificates

by usoftax_admin | Jan 23, 2024 | Tax News

Missouri defined the terms “good faith” and “burden of proof” for sales and use tax exemption certificates and eliminated a requirement that a certificate retained by a seller be updated every five years under regulatory amendments adopted by...

Pepsi Appealing Australian Court’s Royalty Tax Ruling

by usoftax_admin | Jan 23, 2024 | Tax News

Pepsi is asking an Australian court to reconsider a ruling that found the company liable for royalty withholding tax on payments made between its subsidiaries in Australia and Singapore.

Italy Should Lessen Tax Burden On Labor, OECD Says

by usoftax_admin | Jan 23, 2024 | Tax News

Italy can promote more growth in its economy by shifting some of the tax burden on labor onto property and inheritances, along with other changes, the Organization for Economic Cooperation and Development said.

ND Gov. Calls For End To State Income Tax

by usoftax_admin | Jan 23, 2024 | Tax News

North Dakota should scrap its individual income tax, the governor said Tuesday in his State of the State address, pointing to the state’s current budget surplus.

Beyoncé’s $3M Tax Court Trial Set For May

by usoftax_admin | Jan 23, 2024 | Tax News

Pop star Beyoncé’s dispute of a $3 million tax bill will head to trial in the U.S. Tax Court in May, according to a pretrial order filed Tuesday.

Pa. Court Can’t Help School District Pursue $1.2M In Taxes

by usoftax_admin | Jan 23, 2024 | Tax News

A Pennsylvania school district cannot seek a declaratory judgment to make a commercial property pay $1.2 million in additional taxes because the district had a statutory remedy to the situation that it did not pursue, the state Commonwealth Court ruled Tuesday.
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