by usoftax_admin | Nov 16, 2023 | Tax News
One of Chicago’s longest-serving local politicians, former Alderman Edward Burke, used his considerable power to “line his own pockets with money” by leveraging his position to steer business to his personal law firm and attempting to get a job for a... by usoftax_admin | Nov 16, 2023 | Tax News
The Internal Revenue Service’s Office of Appeals did not abuse its discretion in sustaining collection actions against a Maryland man for outstanding employment tax liabilities, the U.S. Tax Court said in a memorandum opinion filed Thursday. by usoftax_admin | Nov 16, 2023 | Tax News
A European Union country must apply the same tax breaks to an imported secondhand auto as it had for a domestic vehicle of the same type even after the tax rate was changed, the European Court of Justice said Thursday. by usoftax_admin | Nov 16, 2023 | Tax News
African diplomats are rallying support for a global tax convention at the United Nations, they said Thursday, after a group of mostly wealthy countries blocked their resolution from being adopted, likely forcing a vote next week. by usoftax_admin | Nov 16, 2023 | Tax News
Fiji became the 169th jurisdiction to join a global group that addresses offshore tax evasion by overseeing standards for exchanges of information between authorities, the Organization for Economic Cooperation and Development announced Thursday. by usoftax_admin | Nov 16, 2023 | Tax News
A Georgia charitable trust that failed to report foreign grants to the IRS dropped its suit alleging the agency caused it $1.2 million in damages by denying it a due process hearing, according to a document filed in a D.C. federal court.