by usoftax_admin | Nov 13, 2023 | Tax News
The U.S. Supreme Court should accept an energy company’s petition for review of Michigan’s method of taxing gain from its purchase of an out-of-state business to clarify the constitutional standard for when businesses can use alternative apportionment, a... by usoftax_admin | Nov 13, 2023 | Tax News
A former member of the Indiana House of Representatives will plead guilty to charges that he used his position to secure tax benefits and other incentives for a gambling company, according to federal prosecutors. by usoftax_admin | Nov 13, 2023 | Tax News
The Philippines has joined the OECD’s international coalition of more than 140 jurisdictions looking to rein in tax base erosion and has committed to instituting a suite of reforms in line with the OECD’s anti-tax avoidance standards, the organization said... by usoftax_admin | Nov 13, 2023 | Tax News
The IRS’ proposed rules for reporting digital asset transactions offer a definition of “broker” that would inadvertently subject a wide swath of cryptocurrency industry participants to new reporting requirements, the agency was told Monday at a... by usoftax_admin | Nov 13, 2023 | Tax News
Paolo Ludovici and Andrea Iannaccone of Gatti Pavesi Bianchi Ludovici argue that a decision by the Italian court violates the European freedoms in treating a non-resident taxpayer differently from resident entities without justification by usoftax_admin | Nov 13, 2023 | Tax News
The Internal Revenue Service clarified rules Monday that make wrongfully incarcerated members of the U.S. military ineligible for an income tax exclusion under certain conditions.