by usoftax_admin | Jan 15, 2025 | Tax News
A Virginia corporation rightly and timely claimed an exception to add-back requirements for interest expenses paid to affiliates related to stock purchases, the state tax commissioner said in a ruling released Wednesday, reversing denials by the tax department. by usoftax_admin | Jan 15, 2025 | Tax News
Oregon would double its maximum tax credit for local film production and extend the credit’s sunset date to 2034 under a bill introduced in the state House of Representatives. by usoftax_admin | Jan 15, 2025 | Tax News
A Virginia sign-maker owes additional assessed sales tax and is not exempt for sales to two churches, the state tax commissioner said in a ruling released Wednesday. by usoftax_admin | Jan 15, 2025 | Tax News
A proposed class action in Maryland federal court blames IRS contractor Booz Allen Hamilton over the thousands of tax returns that were stolen by an employee who took financial information about President-elect Donald Trump and others while on the job and leaked it to... by usoftax_admin | Jan 15, 2025 | Tax News
Sales of pharmacy benefit services by a Humana subsidiary and attributed to Minnesota should be sourced to another subsidiary based in Wisconsin, the company told the Minnesota Supreme Court in appealing a state tax court decision. by usoftax_admin | Jan 15, 2025 | Tax News
A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the...