by usoftax_admin | Jan 2, 2025 | Tax News
Two New Jersey residents don’t owe state tax on income repatriated under the 2017 federal tax overhaul, the state’s tax court ruled, saying New Jersey’s personal income tax laws don’t include deemed dividends as a category of taxable... by usoftax_admin | Jan 2, 2025 | Tax News
Tobias Ljunggren and Jessica Silver of KPMG Sweden, who acted as counsels, analyse the implications of a court ruling clarifying that Audi’s winter testing in Sweden does not constitute a permanent establishment by usoftax_admin | Jan 2, 2025 | Tax News
The federal government is asking the Supreme Court to lift a Texas judge’s injunction against the Corporate Transparency Act, telling the justices in a new application that the 2021 anti-money-laundering law’s compliance deadlines should take effect while... by usoftax_admin | Jan 2, 2025 | Tax News
The Michigan Supreme Court has ruled a Detroit fee for a fire service program was not an unlawful tax but clarified that a regulatory program’s main benefit cannot be the mere permission for a property owner to operate its business in the city. by usoftax_admin | Jan 2, 2025 | Tax News
Michigan will extend its sales and use tax exemption for the consumption, use and storage of data center equipment sold to qualified entities and expand the exemption to enterprise data centers under a bill signed by Democratic Gov. Gretchen Whitmer. by usoftax_admin | Jan 2, 2025 | Tax News
Thomson Reuters Corp. has acquired SafeSend, a cloud-based provider of technology for tax and accounting professionals, for $600 million in cash, the Toronto-based data and content conglomerate said in a statement Thursday.