by usoftax_admin | Nov 7, 2023 | Tax News
A solar technology company failed to refute the California Franchise Tax Board’s denial of more than $2.2 million in research and development tax credits the company acquired from another entity, the state Office of Tax Appeals said in a ruling released... by usoftax_admin | Nov 7, 2023 | Tax News
Amgen Inc. asked a New York federal judge to scrap a shareholder suit claiming the biotech company hid a $10 billion tax bill from investors, arguing it wasn’t required to disclose specific amounts while challenging the IRS during an audit. by usoftax_admin | Nov 7, 2023 | Tax News
Chicago voters will decide whether the city should increase the real estate transfer tax on transfers of more than $1 million after the City Council approved a referendum Tuesday. by usoftax_admin | Nov 7, 2023 | Tax News
The Streamlined Sales Tax Governing Board on Tuesday narrowly rejected adding a recommendation to the tax compact it oversees for states to provide remote sellers with roughly two months to register with a state after crossing its economic nexus thresholds. by usoftax_admin | Nov 7, 2023 | Tax News
The Streamlined Sales Tax Governing Board on Tuesday updated a sales tax compact’s treatment of feminine hygiene products to be more inclusive and allow states to provide sales and use tax exemptions for more items used during menstruation. by usoftax_admin | Nov 7, 2023 | Tax News
More than 200 organizations called on world governments to finish a United Nations convention on global tax matters sought by African countries by June 2025, a European network of civil society organizations said Tuesday.