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Corporate Transparency Law Remains Flanked By Threats

by usoftax_admin | Jan 23, 2025 | Tax News

The Corporate Transparency Act is facing threats across the branches of government despite the U.S. Supreme Court pausing a nationwide injunction on it Thursday, with another universal injunction in place, other court battles underway and some Republican lawmakers...

New Reg Hurts Taxpayer’s Penalty Argument, US Tells 5th Cir.

by usoftax_admin | Jan 23, 2025 | Tax News

Final regulations clarifying that an Internal Revenue Service supervisor can approve tax penalties at any time before the agency issues a deficiency notice undermines an appellant’s arguments in a tax dispute, the U.S. government told the Fifth Circuit.

Robocall Schemer’s Estate Agrees To Pay $4.3M In Payroll Tax

by usoftax_admin | Jan 23, 2025 | Tax News

Federal prosecutors and the estate of a telemarketing company owner asked a Michigan federal judge to approve a consent judgment ordering the estate to pay $4.3 million of the company’s outstanding employment taxes.

Brazil approves first regulation of consumption tax reform

by usoftax_admin | Jan 23, 2025 | Tax News

Gabriel Caldiron Rezende of Machado Associados highlights the main aspects of the recently approved consumption tax reform regulation

Baker Tilly Netherlands to receive private equity boost

by usoftax_admin | Jan 23, 2025 | Tax News

Mid-market European private equity house Inflexion, which also backs law firm DWF, has agreed to acquire a minority stake in the Dutch tax advisory firm

Bilateral APAs ‘not as simple’ as before: Baker McKenzie hire

by usoftax_admin | Jan 23, 2025 | Tax News

Donald Trump’s inauguration, pillar two, APAs and TP were all up for discussion as ITR spoke to Baker McKenzie’s two newly minted US partners
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