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OECD Africa report underscores CIT impact on tax revenues

by usoftax_admin | Dec 11, 2024 | Tax News

A boom in corporate tax revenue from extractive sector profits propelled Chad and the Democratic Republic of Congo to financial growth

Ga. Justices Say Courts To Decide Whether Utilities Are Taxes

by usoftax_admin | Dec 10, 2024 | Tax News

A Georgia trial court wrongly decided it could not judge whether a county’s utility rates are a backdoor tax on property owners, the state’s highest court said Tuesday, ruling that a restriction on the state Legislature’s power to “regulate or...

FinCEN Says CTA Still Constitutional In Post-Injunction Alert

by usoftax_admin | Dec 10, 2024 | Tax News

The Financial Crimes Enforcement Network has alerted companies that they do not currently need to file so-called beneficial ownership information with the agency after a federal judge’s nationwide preliminary injunction blocking the Corporate Transparency Act,...

Morgan Lewis Gets DLA Piper Tax Pro With DOJ Experience

by usoftax_admin | Dec 10, 2024 | Tax News

Morgan Lewis & Bockius LLP announced that it has added to its Boston office a tax attorney from DLA Piper who served as an appellate attorney at the U.S. Department of Justice, Tax Division.

Biz Owner In $2.8M Worker Tax Scheme Gets 18 Months

by usoftax_admin | Dec 10, 2024 | Tax News

A construction company owner who failed to pay $2.8 million in employment taxes by falsely claiming his workers were subcontractors was sentenced to 18 months in prison Tuesday and ordered to pay full restitution, according to Massachusetts federal court...

FBAR Default Against Widow Should Be Vacated, Judge Says

by usoftax_admin | Dec 10, 2024 | Tax News

A New York federal magistrate judge recommended vacating a default judgment against a widow, which would give her a second chance to defend her dead husband’s estate against U.S. government claims that it owes $275,000 for his failure to report his account at an...
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Ireland D02 P2N6

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