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Retired Professor Says He Didn’t Waive Rights In FBAR Fight

by usoftax_admin | Dec 4, 2024 | Tax News

An 86-year-old former professor told a California federal court that he raised his Eighth Amendment rights against excessive fines when defending himself against a $545,000 penalty for failing to report foreign bank accounts, disputing arguments by the U.S. government...

Uber Didn’t Have To Collect Tax Pre-Wayfair, Court Told

by usoftax_admin | Dec 4, 2024 | Tax News

Uber was not required before the Wayfair decision to collect and remit millions in sales taxes on behalf of drivers and customers who use its app, an attorney for the ride-hailing company told a Georgia appellate panel Wednesday, urging the panel to overturn a trial...

Sunoco Not Owed $2.6M NY Tax Refund, Tribunal Affirms

by usoftax_admin | Dec 4, 2024 | Tax News

Sunoco affiliates cannot include oil sales to third parties intended as inventory exchanges when computing the company’s business activity allocable to New York, the state Tax Appeals Tribunal ruled, affirming the state’s denial of a $2.6 million...

Trump Taps Former Treasury Aide For Deputy Secretary

by usoftax_admin | Dec 4, 2024 | Tax News

A former assistant Treasury secretary during President-elect Donald Trump’s first term has been tapped to serve as deputy secretary of the U.S. Department of Treasury during Trump’s coming second term, the president-elect announced Wednesday.

Mich. Justices Pan Due Process Claim In Tax Appeal Dispute

by usoftax_admin | Dec 4, 2024 | Tax News

Two Michigan Supreme Court justices expressed skepticism Wednesday toward a packaging company’s arguments that its due process rights were violated when an assessor’s notice of a tax exemption denial didn’t provide all the information the business...

Block’s Tax Refund Should Be Voided, Atlanta Tells Ga. Court

by usoftax_admin | Dec 4, 2024 | Tax News

A Georgia trial court erred when it found that Block, the financial services and mobile payments company, was due a $330,000 occupation tax refund from the city of Atlanta, a lawyer for the city told an appellate panel Wednesday.
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