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TP experts laud ‘groundbreaking’ Italian Supreme Court ruling

by usoftax_admin | Aug 31, 2024 | Tax News

The court overturned a common and well-established position of the Italian tax authorities in a highly significant ruling, experts have told ITR

$100M Deal Finally Ends MoneyGram Unclaimed Property Fight

by usoftax_admin | Aug 30, 2024 | Tax News

Delaware will be giving back more than $100 million from uncashed MoneyGram checks to the states where they were bought after finally reaching a settlement with 29 other states that took the matter all the way to the U.S. Supreme Court.

Partnership Can’t Save Premature Tax Court Appeal, Feds Say

by usoftax_admin | Aug 30, 2024 | Tax News

The IRS is urging the Eleventh Circuit to throw out a Tax Court appeal that a partnership formed by two former Atlanta Braves players filed over a slashed $47.6 million conservation easement deduction, since the appeal was improperly filed before a final decision was...

3 Ways Justices’ SEC Fraud Ruling Could Affect Tax Disputes

by usoftax_admin | Aug 30, 2024 | Tax News

The U.S. Supreme Court’s groundbreaking decision to curb the U.S. Securities and Exchange Commission’s in-house fraud enforcement could hamper the IRS’ ability to assert certain penalties, including in contested conservation easement cases, and...

Alvarez & Marsal Appoints Tax Experts As Managing Directors

by usoftax_admin | Aug 30, 2024 | Tax News

Alvarez & Marsal Tax LLC appointed tax experts from Anderson and Deloitte as its new managing directors, the firm announced.

Danish Gov’t Pledges No Ponzi Analogies At $2.1B Tax Trial

by usoftax_admin | Aug 30, 2024 | Tax News

The Danish tax authority won’t compare pension funds, investors and attorneys it has accused of defrauding Denmark in a $2.1 billion tax refund scheme to a Ponzi scheme or infamous perpetrator Bernie Madoff, it said Friday in New York federal court.
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