by usoftax_admin | Oct 1, 2024 | Tax News
The U.S. Treasury Department is eyeing the end of the year to finalize regulations for development projects to elect out of their partnership tax status to qualify for a direct cash payment of their clean energy tax credits, an official said Tuesday. by usoftax_admin | Oct 1, 2024 | Tax News
The report claims ‘significant progress’ has been made on global minimum tax implementation and says a ‘notable shift’ occurred in taxation of business by usoftax_admin | Oct 1, 2024 | Tax News
A Dutch bank executive’s estate is “vastly” overstating the significance of his tips to the IRS in seeking a whistleblower award for his reporting of tax schemes, the U.S. government told the D.C. Circuit, urging it to uphold the U.S. Tax... by usoftax_admin | Oct 1, 2024 | Tax News
Taxpayers in seven Illinois counties will have until Feb. 3 to file individual and business tax returns and make payments after portions of the state were hit by severe storms and tornadoes in July, the Internal Revenue Service said Tuesday. by usoftax_admin | Oct 1, 2024 | Tax News
Karanjot Singh Khurana, Loveena Manaktala, and Vrinda Agrawa of Lakshmikumaran & Sridharan suggest a legislative amendment may have created a recipe for litigation by non-resident investors regarding buy-back schemes until further clarity is provided by usoftax_admin | Oct 1, 2024 | Tax News
HMRC is “showing us what good looks like”, one expert has claimed