by usoftax_admin | Oct 28, 2024 | Tax News
Under the proposed directive, multinationals with numerous EU presences would have to make only one filing to comply with pillar two by usoftax_admin | Oct 28, 2024 | Tax News
A Texas nonprofit corporation that coordinates healthcare mostly for privately insured patients does not qualify for tax-exempt status because its business fails to help the larger community, the Fifth Circuit ruled Monday in affirming a U.S. Tax Court... by usoftax_admin | Oct 28, 2024 | Tax News
Chile’s tax agency provided guidance Monday for taxpayers interested in voluntarily disclosing their previously undeclared foreign assets in order to take advantage of a temporarily available tax rate. by usoftax_admin | Oct 28, 2024 | Tax News
A religious organization in Indiana cannot claim a property exemption for a property to be developed because it was unable to show substantial progress toward the completion of the building, the state Board of Tax Review said. by usoftax_admin | Oct 28, 2024 | Tax News
An Indiana property valued as vacant land should be reassessed, the state Board of Tax Review said, and the property should be considered nontillable agricultural land. by usoftax_admin | Oct 28, 2024 | Tax News
Foreign financial institutions that report information on U.S. account holders to the Internal Revenue Service without including the taxpayer identification numbers associated with those accounts won’t be flagged for noncompliance for the next three years, the...