by usoftax_admin | Mar 25, 2025 | Tax News
A New Jersey company that bought a property for $4.7 million after obtaining approval to demolish an uninhabitable farmhouse on the land and use the property for industrial purposes owes the state’s so-called mansion tax on the purchase, the state Tax Court... by usoftax_admin | Mar 25, 2025 | Tax News
The European Union asked the U.S. to provide a concrete timeline for when it will set up a framework to begin automatic exchanges of information with three territories on the bloc’s blacklist for uncooperative tax jurisdictions — the U.S. Virgin Islands, Guam... by usoftax_admin | Mar 25, 2025 | Tax News
North Dakota’s tax commissioner must disclose information about any tax incentive claimed by a taxpayer at the request of certain lawmakers under a bill signed by the governor. by usoftax_admin | Mar 25, 2025 | Tax News
Kentucky’s governor vetoed legislation that would have prevented courts from deferring to a state agency’s interpretation of a statute or regulation, including the state Department of Revenue, saying the bill violates the constitutional principle of... by usoftax_admin | Mar 25, 2025 | Tax News
Carlton Fields has brought on a former tenured professor at Georgia State University College of Law to its team in Atlanta, strengthening its tax and business transactions practices with an attorney experienced in nonprofit law, tax and business matters, the firm... by usoftax_admin | Mar 25, 2025 | Tax News
The U.S. Supreme Court’s recent Thompson v. U.S. decision clarified that a federal statute used to prosecute false statements made to bank regulators only criminalizes outright falsehoods, narrowing prosecutors’ reach and providing defense counsel a stronger basis to...