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Conn. Professor Appeals Ruling Upholding NY Teleworker Tax

by usoftax_admin | Jan 2, 2024 | Tax News

A law professor has appealed a New York administrative law judge’s determination that he owed income tax to New York on days he worked from home in Connecticut, arguing that his virtual presence created by teaching remotely was an insufficient basis to subject...

French Court Spikes Tax Breaks For Sports Leagues

by usoftax_admin | Jan 2, 2024 | Tax News

The French government’s recently adopted tax breaks for international sports leagues that move to France and for their employees are unconstitutional because they violate the right to equality before public offices, a federal constitutional court ruled,...

NY Real Estate Policy In 2024 Hinges On Smashing Stalemates

by usoftax_admin | Jan 2, 2024 | Tax News

While 2023 saw a stalemate on the biggest real estate policy priorities in New York, real estate attorneys are keeping a close eye on legislative developments in 2024 and parsing the impact of several recently signed laws.

Italian Parliament Passes Global Minimum Tax In 2024 Budget

by usoftax_admin | Jan 2, 2024 | Tax News

Italy joined the majority of the European Union in adopting the Organization for Economic Cooperation and Development’s global corporate minimum tax rate, which the country’s legislature passed into law as part of Italy’s 2024 budget.

Calif. Hotel’s Intangible Assets Wrongly Assessed, COST Says

by usoftax_admin | Jan 2, 2024 | Tax News

A California hotel shouldn’t be assessed property tax on certain intangible assets, such as tax breaks from Los Angeles County and franchise agreements with Marriott and Ritz-Carlton, the Council on State Taxation said in an amicus brief to the state’s...

NY Bills Seek Tax Breaks For Oral Hygiene Products, Cleaners

by usoftax_admin | Jan 2, 2024 | Tax News

New York would exempt oral hygiene products from sales tax and some dry-cleaning equipment from sales and use taxes under bills introduced in the state Assembly.
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