by usoftax_admin | Oct 25, 2023 | Tax News
An electronic components seller can exclude a wholly owned subsidiary from its combined group for Michigan corporate income tax purposes because the companies weren’t related enough to be considered unitary, the state Tax Tribunal ruled in voiding a $523,000 tax... by usoftax_admin | Oct 25, 2023 | Tax News
Colorado would lower most property tax rates and its income tax rate under a proposal Wednesday by legislative Republicans, who are calling on Democratic Gov. Jared Polis to convene a special legislative session. by usoftax_admin | Oct 25, 2023 | Tax News
A temporary COVID-19 change to allow e-signatures on some forms, documents, and returns has been made permanent in the Internal Revenue Manual. The AICPA had advocated for making this change to the e-signature rules permanent. by usoftax_admin | Oct 25, 2023 | Tax News
Spain’s governing coalition intends to keep windfall taxes on the banking and energy sectors that were initially designed to be temporary, saying both sectors must continue to contribute to tax justice, according to an agreement shared Wednesday by a national... by usoftax_admin | Oct 25, 2023 | Tax News
A Texas company isn’t eligible for a refund of California income tax because a law approved by Golden State voters mandates that businesses use a single sales factor to apportion California income, a California state appeals court affirmed. by usoftax_admin | Oct 25, 2023 | Tax News
Michigan would keep assessing personal property at its ordinary business location without regard to whether an employee uses it at an alternate location as part of a bill unanimously passed Wednesday by the state Senate and headed to Democratic Gov. Gretchen...