by usoftax_admin | Nov 6, 2023 | Tax News
A D.C. Circuit judge questioned Monday whether an Internal Revenue Service supervisor properly approved $500,000 in accuracy-related penalties on a couple who failed to report Swiss income, saying during oral arguments that it was unclear which specific penalty had... by usoftax_admin | Nov 6, 2023 | Tax News
Hospitality services giant Aramark Corp. failed to show that it acted as an agent of its clients, an Ohio tax board said Monday, disallowing an exclusion the company sought from its gross receipts incurring tax. by usoftax_admin | Nov 6, 2023 | Tax News
Massachusetts collected $2.56 billion in taxes in October, 8.3% more than in October 2022 but less than the state’s revenue projection, according to the state tax department. by usoftax_admin | Nov 6, 2023 | Tax News
Delaware explained requirements other state governments must follow when requesting the interception of tax refunds for outstanding tax debts owed to other states, under regulations adopted by the Delaware Department of Finance’s Division of Revenue. by usoftax_admin | Nov 6, 2023 | Tax News
Business groups have welcomed the mooted proposal, which would save firms 25p for every pound they spend by usoftax_admin | Nov 6, 2023 | Tax News
Pillar two rules are ‘enormously complex’ and have a lot of nuances but US multinationals are in a better position now, a senior industry figure tells ITR