by usoftax_admin | Nov 21, 2024 | Tax News
While the Internal Revenue Service did well to proactively identify taxpayers likely affected by the Israel-Hamas war that it sought to grant tax relief, it failed to directly notify these taxpayers, the Treasury Inspector General for Tax Administration said... by usoftax_admin | Nov 21, 2024 | Tax News
The Eleventh Circuit should reverse its decision allowing John Hancock Life Insurance Co. to keep $100 million in foreign tax credits that rightfully belong to the company’s investors, trustees of a retirement plan said in arguing that the court overlooked a key... by usoftax_admin | Nov 21, 2024 | Tax News
Ryan’s VAT practice leader for Europe tells ITR about promoting kindness, playing the violincello and why tax being boring is a ‘ridiculous’ idea by usoftax_admin | Nov 20, 2024 | Tax News
A Florida couple asked the Eleventh Circuit Wednesday to revive their proposed class suit against the state’s chief financial officer over a law that allows officials to hold unclaimed money indefinitely, arguing that it is a taking without just compensation... by usoftax_admin | Nov 20, 2024 | Tax News
A Georgia couple whose challenge of a 2019 tax collection was dismissed by the U.S. Tax Court when they failed to present the required IRS notice of deficiency were similarly turned away by the D.C. Circuit on Wednesday. by usoftax_admin | Nov 20, 2024 | Tax News
Excise duties that India’s mobile telecommunication providers pay when building the infrastructure for their networks — such as transmission towers — can be used as tax credits, the Supreme Court of India ruled Wednesday.