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NC Tax Revenue Collection Through February Up $707M

by usoftax_admin | Mar 19, 2025 | Tax News

North Carolina’s total revenue collection from July through February exceeded last year’s collection during the same time period by $707 million, according to a report by the Office of the State Controller.

How to optimise VAT in Portuguese property transactions

by usoftax_admin | Mar 19, 2025 | Tax News

Effective VAT management can be achieved through utilising the option to tax on commercial property and the reverse charge mechanism, say Conceição Gamito, Rita Simão Luís, and Nídia Rebelo of Vieira de Almeida & Associados

Law360 Announces The Members Of Its 2025 Editorial Boards

by usoftax_admin | Mar 19, 2025 | Tax News

Law360 is pleased to announce the formation of its 2025 Editorial Advisory Boards.

Taxpayer Advocacy Joint Committee To Meet In April

by usoftax_admin | Mar 19, 2025 | Tax News

The Taxpayer Advocacy Panel’s Joint Committee will meet April 21 following a string of meetings by individual subcommittees earlier in the month, the Internal Revenue Service said Wednesday.

The ‘main purpose’: Analysing the UK Lloyds Asset Leasing case

by usoftax_admin | Mar 19, 2025 | Tax News

A recent UK First-tier Tribunal decision highlights the broad application of an anti-avoidance rule to deny tax relief, say Robert Waterson and Matthew Cummings of Eversheds Sutherland

Tax Court Sides With IRS Deeming Debt ‘Seriously Delinquent’

by usoftax_admin | Mar 18, 2025 | Tax News

A Florida man’s tax debt was property certified by the Internal Revenue Service as “seriously delinquent” and reported to the U.S. secretary of state to bar him from obtaining or renewing a passport, the U.S. Tax Court said Tuesday.
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