by usoftax_admin | Jan 27, 2025 | Tax News
A Canadian taxpayers group said it plans to ask the nation’s Federal Court to block a proposed increase in capital gains tax that is said has not been approved by the Canadian Parliament. by usoftax_admin | Jan 27, 2025 | Tax News
HM Revenue & Customs can proceed with an appeal in its case alleging an Irish company’s investment in a U.K.-based company was made to gain tax advantages, the Court of Appeal ruled Monday after hearing arguments. by usoftax_admin | Jan 27, 2025 | Tax News
A bipartisan majority of senators voted Monday to confirm billionaire hedge fund manager Scott Bessent as secretary of the U.S. Department of the Treasury, putting in place a key member of President Donald Trump’s Cabinet. by usoftax_admin | Jan 27, 2025 | Tax News
Indiana’s governor issued an executive order requiring an analysis of nonprofit hospitals operating in the state to evaluate the tax-exempt benefits they received compared with the amount of charity care they provided. by usoftax_admin | Jan 27, 2025 | Tax News
New Jersey reduced the time in which tax credits for certain mixed-use and commercial real estate redevelopment projects must be used after approval as part of a bill signed by Gov. Phil Murphy. by usoftax_admin | Jan 27, 2025 | Tax News
Maryland’s digital advertising tax doesn’t violate the First Amendment, the state comptroller told the Fourth Circuit, urging it to affirm a court decision throwing out a challenge to the tax by the U.S. Chamber of Commerce and others.