by usoftax_admin | Mar 12, 2025 | Tax News
Costa Rica’s tax revenue makes up just 25% of the country’s gross domestic product, thanks in part to regressive exemptions to value-added and personal income taxes and its overall narrow tax bases, the Organization for Economic Cooperation and Development... by usoftax_admin | Mar 12, 2025 | Tax News
A cannabis company that convinced the U.S. Tax Court to allow deadline extensions for requests for collections hearings before the Internal Revenue Service is not entitled to an extension for one of the tax years it had challenged, the court said Wednesday. by usoftax_admin | Mar 12, 2025 | Tax News
House Ways and Means Committee Republicans rejected an attempt Wednesday by Democrats to force President Donald Trump’s administration to hand over documents related to the Department of Government Efficiency’s access to U.S. Treasury Department payment... by usoftax_admin | Mar 12, 2025 | Tax News
A federal court dismissed Wednesday a claim connected to allegations of tax fraud in a $310,000 civil asset forfeiture case brought by the U.S. government against a Northern Mariana Islands business after concluding the court lacked jurisdiction. by usoftax_admin | Mar 12, 2025 | Tax News
The IRS should not have been granted a district court win over a North Carolina couple’s 2007 tax bill because there was conflicting evidence about when the taxpayers had reached out to the agency for an installment payment agreement, the Fourth Circuit said... by usoftax_admin | Mar 12, 2025 | Tax News
Canada will impose CA$29.8 billion ($20.7 billion) in retaliatory tariffs in response to the 25% rates that President Donald Trump has levied on all steel and aluminum imports, a senior Canadian government official announced on Wednesday.