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Tenn. Extends Tax Deadlines Due To Hurricane Helene

by usoftax_admin | Oct 9, 2024 | Tax News

Tennessee will extend its franchise and excise tax filing deadlines to May 1 for taxpayers affected by Hurricane Helene, the state Department of Reveue announced.

Calif. OTA Affirms Lab’s Microchip Editing Services Taxable

by usoftax_admin | Oct 9, 2024 | Tax News

A California-based laboratory owes $310,000 in sales tax on services it offers to engineering and technology companies for the editing of microchips, the state Office of Tax Appeals affirmed.

Unclear Road For $275M Biz Tax Plan, DC Panel Chair Says

by usoftax_admin | Oct 9, 2024 | Tax News

The District of Columbia Tax Revision Commission may scrap a proposal for a business activity tax that could raise $275 million annually to reduce other business taxes, the panel chair said Wednesday.

Mo. Clinics Fail To Meet Charity Requirement For Exemption

by usoftax_admin | Oct 9, 2024 | Tax News

Health clinics in four Missouri counties are not eligible for charitable exemptions from property tax despite being part of a nonprofit organization, the state’s tax commission ruled.

How The 2025 Tax Policy Debate Will Affect The Energy Sector

by usoftax_admin | Oct 9, 2024 | Tax News

Regardless of the outcome of the upcoming U.S. election, 2025 will bring a major tax policy debate that could affect the energy sector more than any other part of the economy — so stakeholders who could be affected should be engaging now to make sure they understand...

Swiss Council Rejects Funding Pensions With Transaction Tax

by usoftax_admin | Oct 9, 2024 | Tax News

Switzerland should not use the revenue generated by its two taxes on financial market transactions to fund the country’s pension fund, nor should it create new ones for that purpose, the Swiss Federal Council said Wednesday.
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