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IRS Unveils Tier 2 Tax Rates For 2024

by usoftax_admin | Nov 27, 2023 | Tax News

The Internal Revenue Service announced the Tier 2 tax rates for railroad employees, employers and employee representatives in 2024 on Monday.

COVERAGE RECAP: Day 34 Of Trump’s NY Civil Fraud Trial

by usoftax_admin | Nov 27, 2023 | Tax News

Law360 reporters are providing live coverage from the courthouse as former President Donald Trump goes on trial in the New York attorney general’s civil fraud case. Here’s a recap from day 34:

UN gains greater international tax role after African campaign

by usoftax_admin | Nov 26, 2023 | Tax News

A greater UN role has been secured after disagreements between developed and developing countries over the OECD’s influence in global tax reform

This week in tax: Kirkland & Ellis appoints senior tax partner

by usoftax_admin | Nov 26, 2023 | Tax News

The US-based firm picks up investment fund specialist Ceinwen Rees, while Ireland nearly doubles its corporation tax receipts in three years

UK’s Digital Tax Rollout Will Burden Taxpayers, MPs Warn

by usoftax_admin | Nov 24, 2023 | Tax News

HM Revenue and Customs has lost sight of making tax simpler as part of its project to digitalize tax self-assessment, members of a parliamentary committee warned in a report published Friday.

UK Gov’t Seeks Powers To Combat Tax Avoidance Schemes

by usoftax_admin | Nov 24, 2023 | Tax News

The U.K. government wants to make the unauthorized promotion of tax avoidance schemes a criminal offense under plans to give HM Revenue and Customs new powers to crack down on aggressive practices.
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