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Colo. Justices Won’t Review Hospital Tax Classification Suit

by usoftax_admin | Mar 4, 2025 | Tax News

The Colorado Supreme Court declined to review an appeals court ruling finding that a rehabilitation hospital should be classified as a commercial property for tax purposes because it was predominantly designed for its services and not for residency.

Senate Sends Bill To Repeal IRS DeFi Broker Rule To House

by usoftax_admin | Mar 4, 2025 | Tax News

The Senate passed legislation Tuesday that would repeal a final U.S. Treasury Department rule implementing additional reporting requirements for decentralized finance brokers.

Md. Gov. Pitches Biz Programs, Tax Tweaks To State Panel

by usoftax_admin | Mar 4, 2025 | Tax News

Maryland would adjust and streamline several economic development programs, end some corporate tax breaks and expand or extend others under legislation that the governor pitched to a Senate panel Tuesday.

Dispensary Fights Counties’ Extra Pot Tax In Mo. High Court

by usoftax_admin | Mar 4, 2025 | Tax News

A Missouri appellate court correctly found that counties wrongfully imposed a 3% additional sales tax on cannabis sales that were already subject to tax by a local government, a dispensary told the state Supreme Court.

NY Creates Framework For County Tax On Short-Term Rentals

by usoftax_admin | Mar 4, 2025 | Tax News

New York established a framework for counties to impose tax on short-term rentals as part of a bill signed by Democratic Gov. Kathy Hochul.

DeSantis Backs Canning Fla. Rent Tax, Cutting Property Taxes

by usoftax_admin | Mar 4, 2025 | Tax News

Florida Gov. Ron DeSantis called on state legislators Tuesday to eliminate the state’s business rent tax on commercial leases and reaffirmed his pledge to support an effort by lawmakers to draft a constitutional amendment that would cut property taxes.
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