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This week in tax: EU court strikes out Belgian tax scheme on state aid grounds

by usoftax_admin | Sep 22, 2023 | Tax News

The General Court reverses its position taken four years ago, while the UN discusses tax policy in New York.

Innovation and flexibility key to pillar two data readiness

by usoftax_admin | Sep 22, 2023 | Tax News

Pillar two might be top of mind for many multinational companies, but the huge variations between countries’ readiness means getting ahead of the game now, argues Russell Gammon, chief solutions officer at Tax Systems.

ITR Autumn Issue 2023: Editorial

by usoftax_admin | Sep 22, 2023 | Tax News

ITR’s latest quarterly PDF is going live today, leading on the looming battle between the UN and the OECD for dominance in global tax policy.

ERC abuse brings renewed push for regulation of paid tax preparers

by usoftax_admin | Sep 21, 2023 | Tax News

AICPA and Treasury advocate for congressional action to help thwart the unscrupulous promotors that use the employee retention credit to make money by taking advantage of small businesses.

Ford Says OECD Pricing Plan Needs Verification Component

by usoftax_admin | Sep 21, 2023 | Tax News

The Organization for Economic Cooperation and Development’s plan to simplify transfer pricing for low-capacity jurisdictions should include a verification mechanism that compares gross profit to operating expenses, Ford Motor Co. said in a letter.

Ill. City Dodges $6M Property Tax Refund After 12-Year Suit

by usoftax_admin | Sep 21, 2023 | Tax News

An Illinois city doesn’t need to repay $6 million in property taxes to the former owners of an apartment complex who paid those taxes while they were fighting the city’s eminent domain suit in court, the Illinois Supreme Court ruled Thursday, reversing a...
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