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Mo. Auditor Faults State For Lack Of Cannabis Tax Probes

by usoftax_admin | Mar 19, 2025 | Tax News

Missouri’s state auditor faulted the state Department of Revenue for not auditing any cannabis tax returns since sales of medical cannabis began in 2020, saying the tax agency failed to establish a robust compliance environment for the filings.

Import VAT in Sweden: legal uncertainty and business risks

by usoftax_admin | Mar 19, 2025 | Tax News

Ulrika Badenfelt and Gustaf Fornmark of KPMG Sweden highlight several court rulings, ongoing disputes between regulatory authorities, and key compliance challenges before suggesting how multinational businesses can navigate a complex VAT and customs framework

Goldstein Says Feds ‘Misled’ Court With Obstruction Claim

by usoftax_admin | Mar 19, 2025 | Tax News

U.S. Supreme Court lawyer and SCOTUSblog publisher Tom Goldstein wants a Maryland federal judge to sanction prosecutors in his tax evasion case for a “pattern of false and misleading statements” to the court accusing him of hiding millions in...

DC Judge Won’t Preemptively Stop IRS Data Sharing With DHS

by usoftax_admin | Mar 19, 2025 | Tax News

A D.C. federal judge on Wednesday said two immigrant rights groups had not shown that the IRS is poised to unlawfully share noncitizen taxpayer records with immigration enforcement authorities, rejecting their bid for a court order that would preemptively block any...

Ala. Bill Seeks To Regulate, Tax Cannabinoid Products

by usoftax_admin | Mar 19, 2025 | Tax News

Alabama would impose a 6% tax on cannabinoid product sales beginning in 2026 under a bill introduced in the state Senate.

OECD: widespread increase in economies offering corporate income tax incentives

by usoftax_admin | Mar 19, 2025 | Tax News

Despite this boost for investors, the OECD also said that extensive reliance on income-based instruments across economies is concerning
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