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Microsoft Cost-Share Receipts Tax Fight Sent To Trial In Mich.

by usoftax_admin | Mar 18, 2025 | Tax News

Microsoft’s challenge to Michigan’s tax treatment of its cost-sharing agreement receipts is headed to trial after the state’s tax tribunal said more proceedings are necessary to determine whether the ownership of the intellectual property in dispute...

Biz Groups Pan Corporate Tax Info Disclosure In Minn. Bill

by usoftax_admin | Mar 18, 2025 | Tax News

Business groups criticized Tuesday a provision in a Minnesota omnibus tax package that would require disclosure of the tax information of many large corporations, saying it would violate those companies’ privacy and hurt the state economically.

Judge Probes Atty Conflict In Vanguard $40M Settlement

by usoftax_admin | Mar 18, 2025 | Tax News

A Pennsylvania federal judge questioned whether attorneys representing investors suing Vanguard over surprise tax bills have a conflict of interest in pushing for a $40 million settlement, adding to concerns about a parallel regulatory settlement that has delayed...

Texas Supreme Court Affirms GEO Isn’t Tax-Exempt

by usoftax_admin | Mar 18, 2025 | Tax News

Private prison operator GEO Group Inc., which has operated detention facilities in Texas, isn’t eligible for a refund of state taxes because it doesn’t qualify for an exemption as a government agent or instrumentality, the Texas Supreme Court...

Poland: CJEU issues revolutionary ruling on board members’ joint and several liability

by usoftax_admin | Mar 18, 2025 | Tax News

Tomasz Michalik and Jakub Warnieło of MDDP consider the ramifications of a Court of Justice of the European Union decision on Poland’s provisions concerning board members’ joint and several liability for tax arrears

Bank Groups Push For Permanent Block On Ill. Swipe Fee Law

by usoftax_admin | Mar 18, 2025 | Tax News

Banking industry groups moved late Monday to deliver a final blow to an Illinois state law that bans swipe fees on tax and tip portions of payment card transactions, asking a Chicago federal judge to go ahead and finish off the ban before it takes effect this...
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