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Pro Baller Avoids Prison Over Tax, Child Support Scam

by usoftax_admin | Oct 31, 2024 | Tax News

A professional basketball player was sentenced to three years of probation in Ohio federal court after being charged with conspiracy and wire fraud for allegedly attempting to avoid paying child support and taxes for several years.

6th Circ. Wary Of Bid To Overturn $500M Win For Truck Co.

by usoftax_admin | Oct 31, 2024 | Tax News

Sixth Circuit judges seemed skeptical Thursday of the government’s $500 million bid to overturn a Tennessee jury’s decision that a company’s refurbished trucks qualified for a safe harbor from excise taxes, saying the government’s reading of a...

The 2024 Law360 Pulse Leaderboard

by usoftax_admin | Oct 31, 2024 | Tax News

Check out the Law360 Pulse Leaderboard to see which firms made the list of leaders in all-around excellence this year.

Firms’ Hiring Strategies Are Evolving In Fight For Top Spot

by usoftax_admin | Oct 31, 2024 | Tax News

Competition for top talent among elite law firms shows no signs of slowing down, even amid economic uncertainty, with financially strong firms deploying aggressive strategies to attract and retain skilled professionals to solidify their market position.

11th Circ. Nixes ERISA Claim To John Hancock’s $100M Credit

by usoftax_admin | Oct 31, 2024 | Tax News

John Hancock Life Insurance Co. had no fiduciary duty to pass on to retirement plans $100 million in foreign tax credits that it had taken from taxes paid on foreign investments, a three-judge panel of the Eleventh Circuit said in upholding a lower court...

India retains TP tolerance ranges for 2024/25

by usoftax_admin | Oct 31, 2024 | Tax News

The move will provide certainty to taxpayers and reduce the risk associated with pricing transactions for TP, according to India’s Ministry of Finance
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