by usoftax_admin | Sep 7, 2023 | Tax News
New York’s tax agency urged the state’s highest court to reject IBM’s claims that an appeals court’s denial of a $109 million tax refund stemming from a dispute over deductions for foreign royalty payments resulted in unconstitutional... by usoftax_admin | Sep 7, 2023 | Tax News
An Indiana tax review board was correct in halving an apartment building’s assessed value to $3.5 million because neither the local assessor nor the property owner valued the property correctly, the state tax court ruled. by usoftax_admin | Sep 7, 2023 | Tax News
Delaware would explain requirements that governments of other states must follow when requesting the interception of tax refunds for outstanding tax debts owed to other states under regulations proposed by the Delaware Department of Finance’s Division of... by usoftax_admin | Sep 7, 2023 | Tax News
Virginia would give taxpayers a one-time income tax rebate as well as increase the state’s standard deduction as part of a budget amendment passed by lawmakers that goes next to Gov. Glenn Youngkin. by usoftax_admin | Sep 7, 2023 | Tax News
New York unconstitutionally allocated certain receipts from an investment company to the state and improperly declined to grant the company investment tax credits, according to a determination published Thursday that partially sided with the company’s protests... by usoftax_admin | Sep 7, 2023 | Tax News
Michigan’s tax agency may be reading an industrial processing tax exemption statute too narrowly in asking the court to deny a use tax exemption for an oncology company that sequenced biopsies and matched patients for drug trials, a state appellate judge said...