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This week in tax: Hoekstra is EU’s new taxman

by usoftax_admin | Sep 20, 2024 | Tax News

Wopke Hoekstra takes tax hotseat in new EU Commission; in other news, Latham boosts energy tax expertise and Fieldfisher expands Spanish tax practice

Swelling political pressure to force PwC to produce scandal documents

by usoftax_admin | Sep 20, 2024 | Tax News

Australian Greens senator Barbara Pocock told ITR that parliament may need to use its powers to compel PwC to hand over elusive documents related to its tax leaks scandal

Public Country-by-Country Reporting Directive: divergence in its implementation by Italy?

by usoftax_admin | Sep 20, 2024 | Tax News

Paolo Ludovici and Marlinda Gianfrate of Gatti Pavesi Bianchi Ludovici analyse the options excercised and choices made by Italy when transposing the provisions of the Public Country-by-Country Reporting Directive

Ch. 7 Trustee Urges Justices To Uphold Return Of Taxes

by usoftax_admin | Sep 19, 2024 | Tax News

The bankruptcy trustee of a defunct Utah transportation company warned the U.S. Supreme Court on Thursday that overturning a decision forcing the IRS to return tax payments made by company directors to cover their personal debts would encourage shareholder...

Convicted Drexel Professor Won’t Get New Tax Evasion Trial

by usoftax_admin | Sep 19, 2024 | Tax News

A Drexel University accounting professor was denied a new trial after being convicted on tax evasion charges for failing to report $3.3 million in income from a Trenton pharmacy, a New Jersey federal judge has ruled, reasoning that the professor’s case was not...

House Bill Proposes Tax Incentives For Military Housing

by usoftax_admin | Sep 19, 2024 | Tax News

A bill introduced in the U.S. House of Representatives would seek to increase the availability and affordability of housing for service members in part by excluding the military’s basic housing allowance from the income calculation for the low-income housing tax...
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