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Billionaire Says Suit Blaming IRS For Leaker Should Proceed

by usoftax_admin | Dec 12, 2023 | Tax News

A hedge fund founder who sued the IRS after a contractor leaked his confidential tax information to the media asked a Florida federal court not to toss the suit, calling the government’s claim that the contractor wasn’t a federal employee a self-serving...

Feds Say Pair Can’t Sue Over All $2.1M In Offshore Penalties

by usoftax_admin | Dec 12, 2023 | Tax News

A formerly married couple hasn’t paid penalties in full totaling over $2.1 million for their failure to report a foreign trust, so their suit seeking a refund plus interest should be partially denied, the U.S. government told a Pennsylvania federal court.

FTX Says It Doesn’t Have To Pay $24B Tax Bill To IRS

by usoftax_admin | Dec 12, 2023 | Tax News

FTX recently told a Delaware bankruptcy judge the company stands by its estimate that its losses mean the cryptocurrency exchange doesn’t owe anything to the Internal Revenue Service, which billed the bankrupt business for $24 billion in unpaid taxes.

Judge Candidate Fights Retired Tax Officials’ Immunity Claim

by usoftax_admin | Dec 12, 2023 | Tax News

A former New York state judicial candidate urged the Second Circuit to reject a qualified immunity defense from former state tax officials she accused of firing her in retaliation for launching her campaign, arguing Monday that a district court rightly found that the...

VAT and admission to online events: new CJEU ruling on place of supply

by usoftax_admin | Dec 12, 2023 | Tax News

Fernando Matesanz of Spanish VAT Services explains why a case involving an erotic streaming service has aroused the interest of the VAT community

Cooperative compliance: one tax certainty tool, more perspectives

by usoftax_admin | Dec 12, 2023 | Tax News

Paolo Ludovici and Marlinda Gianfrate of Gatti Pavesi Bianchi Ludovici highlight recent advancements in cooperative compliance programmes at the international level, with an emphasis on the Italian tax regime amid ongoing changes in legislation
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