by usoftax_admin | Oct 28, 2024 | Tax News
Latin American and Caribbean countries must increase their tobacco excise tax levels, among other changes, to reduce the overall affordability of tobacco products to drive people to quit using them, the Organization for Economic Cooperation and Development said... by usoftax_admin | Oct 28, 2024 | Tax News
Louisiana’s governor called for the state Legislature to meet for a special session to overhaul the state’s tax code, asking legislators on Monday to consider a series of proposals that include ending the corporate franchise tax and adopting a flat... by usoftax_admin | Oct 28, 2024 | Tax News
A construction contractor is entitled to tax credits and refunds totaling over £3.2 million ($4.2 million) after the U.K.’s First-tier Tribunal ruled that its expenditures for research and development were not subsidized or contracted out by another... by usoftax_admin | Oct 28, 2024 | Tax News
Multinational corporations could file returns for the 15% global minimum tax with a single country in the European Union that they would share with the others only where necessary under a proposal approved Monday by the bloc’s executive branch, according to... by usoftax_admin | Oct 28, 2024 | Tax News
An Indiana Target’s property tax assessment should be lowered by roughly $500,000 for three tax years, the state Board of Tax Review said, finding the retailer’s income capitalization approach to the valuation persuasive. by usoftax_admin | Oct 28, 2024 | Tax News
The U.K. government is set to unveil its budget statement Wednesday after months of hinting at higher taxes, and experts say businesses and investors are bracing to bear the brunt of the possible tax changes, such as through increases to capital gains and payroll...