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Deloitte leaves ITR’s 2024 EMEA Awards as biggest winner

by usoftax_admin | Sep 19, 2024 | Tax News

The firm picked up awards for its work in multiple jurisdictions, while DLA Piper walked away with four individual honours

Tax Chiefs Eying Crypto Payment Cos., OTC Traders, IRS Says

by usoftax_admin | Sep 18, 2024 | Tax News

Tax investigators in the U.S., U.K., Canada, Australia and the Netherlands are preparing guidance on red flags for cryptocurrency payment providers and over-the-counter trading desks following a joint operation this week, a special agent with the Internal Revenue...

MTC Group Considering Partnership Apportionment Factors

by usoftax_admin | Sep 18, 2024 | Tax News

A Multistate Tax Commission group working on state taxation of partnerships said Wednesday that it is exploring for inclusion in a draft white paper some states’ requirements to merge the apportionment factors of a partnership or limited liability company with...

La. Gov. Eyeing November Special Session For Tax Overhaul

by usoftax_admin | Sep 18, 2024 | Tax News

Louisiana’s top tax official said Wednesday that he’s hopeful lawmakers will be called into a special session in November to enact a flat personal income tax rate, broaden the sales tax base and tee up changes to the state constitution.

IRS Publishes Guidance For Issuers Of Tax-Exempt Bonds

by usoftax_admin | Sep 18, 2024 | Tax News

The Internal Revenue Service published guidance Wednesday for issuers of tax-exempt and other tax-advantaged bonds in terms of procedures for filing claims for recovery of overpayments of rebate payments and other processes.

Dems Block Bill Targeting Foreign Funding Of Campaign Gifts

by usoftax_admin | Sep 18, 2024 | Tax News

Democrats blocked the House of Representatives from sending legislation to the Senate that would restrict contributions to political committees by tax-exempt entities that receive foreign funds.
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