by usoftax_admin | May 9, 2025 | Tax News
The Internal Revenue Service plans to loosen proposed regulations for corporate separation transactions, known as spinoffs, that the agency approves as tax-free ahead of time, in part by eliminating a standard considering whether actions are taken in the ordinary... by usoftax_admin | May 9, 2025 | Tax News
The government’s claims that members of a deceased theater businessman’s family knew or should have known their company stock sale was part of an $81 million purported tax avoidance scheme are baseless, the family members said in a filing in New York... by usoftax_admin | May 9, 2025 | Tax News
Countries which care about fair taxation of tech multinationals and equitable global distribution of wealth should back the UN’s tax framework, writes economist Abdelmalek Riad by usoftax_admin | May 9, 2025 | Tax News
The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe by usoftax_admin | May 8, 2025 | Tax News
The Trump administration defended what it says is a lawful executive order looking to reorganize agencies and terminate workers, telling a California federal judge that unions, nonprofits and local governments “waited far too long” to seek a temporary... by usoftax_admin | May 8, 2025 | Tax News
Hyatt Hotels should have to report nearly $300 million in revenue from a rewards program fund because it benefited from spending the money, including through advertising for its properties, the U.S. government told the Seventh Circuit on Thursday, defending a U.S. Tax...