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Implementation of a new VAT rate at forefront of Indonesian tax updates

by usoftax_admin | Jan 10, 2025 | Tax News

Jeklira Tampubolon and Julius Wahyu Daryono of GNV Consulting also summarise regulations concerning customs and excise bookkeeping and an import duty exemption for goods used in government projects financed by foreign loans and/or grants

This week in tax: Trump appoints former PwC tax leader to key Treasury role

by usoftax_admin | Jan 10, 2025 | Tax News

Ken Kies has been named as assistant secretary for tax policy; in other news, Baker McKenzie has boosted its US tax practice with a double hire

Ex-FBI Informant Who Smeared Bidens Gets 6 Years

by usoftax_admin | Jan 10, 2025 | Tax News

A former FBI informant who falsely told agents that a Ukrainian energy company had paid off President Joe Biden and his son Hunter was sentenced Wednesday in California federal court to six years in prison.

Wash. Justices Won’t Review $160M Seattle Property Tax Win

by usoftax_admin | Jan 9, 2025 | Tax News

Seattle can keep $160 million in property taxes for waterfront improvements, after Washington’s Supreme Court declined to review a lower appellate court’s ruling rejecting property owners’ bid to recalculate the tax to reflect the hit property values...

Suspended Atty Seeks To Avoid Prison Over Payroll Tax Fraud

by usoftax_admin | Jan 9, 2025 | Tax News

A suspended Ohio attorney who managed his wife’s dental practice and admitted causing a $750,000 tax loss by failing to pay over employment taxes asked a federal court Thursday to spare him a prison sentence, saying he is not the “greedy liar”...

JCT Details TCJA Tax Provisions Scheduled To Expire

by usoftax_admin | Jan 9, 2025 | Tax News

A report released Thursday by the Joint Committee on Taxation provided details on the numerous tax provisions implemented under the Tax Cuts and Jobs Act scheduled to expire at the end of 2025.
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