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Ind. Senate Panel Advances Property Tax Relief Bill

by usoftax_admin | Feb 12, 2025 | Tax News

Indiana would put in place a property tax deferral program and reform the school district referendum process under a bill advanced by the state Senate’s tax committee that will now go to a full vote of the chamber.

EU To Consider 3% Digital Tax, Economic Presence Tax

by usoftax_admin | Feb 12, 2025 | Tax News

The European Commission plans to look this year at proposals for a blocwide 3% digital services tax, a significant economic presence tax and a framework for income taxation, according to its program of work, signaling its intent to revive past discussions.

Fenwick Brings On IRS Trial Attorney In Seattle

by usoftax_admin | Feb 12, 2025 | Tax News

Fenwick & West LLP has added an attorney from the Internal Revenue Service’s Office of Chief Counsel to its Seattle office, the firm announced.

Ohio Justices Pan Aramark’s Agency Tax Exclusion Bid

by usoftax_admin | Feb 12, 2025 | Tax News

Two Ohio Supreme Court justices sounded open Wednesday to denying Aramark a gross receipts tax exclusion for reimbursements it received from schools for buying food if the company paid for the goods before receiving the reimbursements.

Treasury Chief Exempt From Block On DOGE’s System Access

by usoftax_admin | Feb 12, 2025 | Tax News

A New York federal judge clarified that an order blocking Elon Musk and members of his Department of Government Efficiency team from accessing U.S. Treasury Department payment systems does not apply to Treasury Secretary Scott Bessent.

KPMG Taps Walmart Executive For General Counsel

by usoftax_admin | Feb 12, 2025 | Tax News

A top executive for Walmart is leaving the retail giant at the end of the month to join the leadership ranks of KPMG LLP, one of the Big Four accounting firms, as general counsel.
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