by usoftax_admin | Jan 17, 2025 | Tax News
The final regulations implement Sec. 2801, added to the Code in 2008, and follow up on proposed regulations issued 10 years ago. by usoftax_admin | Jan 17, 2025 | Tax News
Recent IRS guidance on a simplified and streamlined transfer pricing method for certain cross-border transactions, known as Amount B, suggests rulemakers want feedback on how it would work if it were made mandatory, but that approach could lead to controversy without... by usoftax_admin | Jan 17, 2025 | Tax News
Washington state would replace a credit for business and occupation taxes due on a sale or exchange that also is subject to the state’s capital gains tax with a credit for taxes on gains that also are subject to B&O taxes, under a bill introduced in the... by usoftax_admin | Jan 17, 2025 | Tax News
A bill in the U.S. House of Representatives would extend the clean energy investment tax credit available for certain biogas facilities’ equipment through the end of 2025 instead of at the end of 2024, the bill’s sponsors said Friday. by usoftax_admin | Jan 17, 2025 | Tax News
Maine’s plan to change its apportionment methodology from sourcing business receipts where services are received to where they are acquired or experienced overreaches from what lawmakers had originally intended, the Council on State Taxation said Friday. by usoftax_admin | Jan 17, 2025 | Tax News
Hawaii would increase the state’s capital gains tax for nonresidents and foreign taxpayers under a bill introduced in the state House of Representatives.