by usoftax_admin | Jan 3, 2024 | Tax News
The Eighth Circuit will hear 3M’s challenge to a U.S. Tax Court ruling that kept it on the hook for $23 million in taxes tied to earnings that the IRS allocated from the company’s Brazilian affiliate under contested regulations. by usoftax_admin | Jan 3, 2024 | Tax News
Telecommunications company Liberty Global Inc. has appealed to the Tenth Circuit regarding a Colorado federal court’s decision that denied the company a $109 million tax refund claim by concluding that underlying intercompany transactions lacked economic... by usoftax_admin | Jan 3, 2024 | Tax News
Interview with Krzysztof Wilk, partner, Deloitte Poland by usoftax_admin | Jan 3, 2024 | Tax News
The US Internal Revenue Service could consider a company’s membership in a corporate group when deciding on an interest rate for an intragroup loan extended to the firm by usoftax_admin | Jan 3, 2024 | Tax News
The Federal Circuit on Wednesday denied a Philadelphia energy company $550 million in tax credits reserved for alternative fuels, becoming the third appellate court to conclude that a mixture of butane and gasoline doesn’t qualify as an alternative fuel... by usoftax_admin | Jan 2, 2024 | Tax News
An Iowa church that has used a federally prohibited psychedelic as part of its rites is contesting the IRS’ assertion that it only exists for illegal purposes, telling the D.C. Circuit it is committed to obeying the law.