by usoftax_admin | Dec 9, 2024 | Tax News
Regulated U.S. investment and holding companies should be able to reap Norwegian tax treaty benefits on dividends, royalties and capital gains without restriction under an updated agreement announced Monday by the Internal Revenue Service. by usoftax_admin | Dec 9, 2024 | Tax News
A dialysis company’s receipts from laboratory tests and certain administrative costs should be sourced to Ohio, the state’s highest court ruled Monday, rejecting the company’s arguments that they should be sourced to other states where employees... by usoftax_admin | Dec 9, 2024 | Tax News
The Oregon Tax Court was correct to reject alternatives pitched by Microsoft for treatment of its repatriated foreign earnings when calculating Oregon taxable income, the state tax department told the court. by usoftax_admin | Dec 9, 2024 | Tax News
Louisiana authorized the creation of optional local property tax exemptions for business inventories as part of a bill signed by the governor, though whether the measure takes effect is contingent on the passage of a proposed amendment to the state constitution. by usoftax_admin | Dec 9, 2024 | Tax News
A woman appealed to the Ninth Circuit a U.S. Tax Court decision that prevented her from challenging a federal tax lien issued by the Internal Revenue Service to secure her $200,000 tax debt to Canada on behalf of the Canadian government. by usoftax_admin | Dec 9, 2024 | Tax News
The government urged the U.S. Supreme Court on Friday not to disturb a former Chicago alderman’s conviction for lying about money he’d borrowed from a since-shuttered bank, arguing his knowing understatements were enough to illegally mislead federal...