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IRS Schedules Jan. Hearing On Clean Vehicle Credits

by usoftax_admin | Jan 10, 2024 | Tax News

The Internal Revenue Service scheduled a public hearing on proposed regulations regarding clean vehicle tax credits for the end of January, the agency announced Wednesday.

Italy continues reforms by revising its international tax principles

by usoftax_admin | Jan 10, 2024 | Tax News

A recent legislative decree sets out highly significant updates to Italy’s international taxation rules. Federico Vincenti and Alessandro Valente of Crowe Valente/Valente Associati GEB Partners provide a guide to the key changes

This month in indirect tax: EU unveils default values for CBAM

by usoftax_admin | Jan 10, 2024 | Tax News

The first CBAM reporting deadline approaches, indirect taxes fall across OECD in 2023, European prosecutors pursue €2.2bn VAT investigation, and more

NRA Calls Itself A ‘Victim’ Of LaPierre In NY Trial Opening

by usoftax_admin | Jan 9, 2024 | Tax News

Counsel for the National Rifle Association began its defense in the New York attorney general’s civil fraud trial Tuesday by distancing the gun rights group from recently resigned CEO Wayne LaPierre and other executives accused of misusing charitable funds,...

Calif. OTA Upholds Exec’s Penalty For Underpayment Of Tax

by usoftax_admin | Jan 9, 2024 | Tax News

The president of a California S corporation who formed another company to minimize his tax liability after a stock sale is liable for an accuracy-related penalty imposed for underpayment of income tax, the state Office of Tax Appeals said.

Ga. Adjusted Year-To-Date Tax Revenue Down 2.5%, Gov. Says

by usoftax_admin | Jan 9, 2024 | Tax News

Georgia’s tax revenues six months into the state’s fiscal year were down 2.5% compared with the same time a year ago after accounting for changes in the collection of the state’s motor fuel excise tax, Gov. Brian Kemp’s office said...
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