by usoftax_admin | Aug 30, 2024 | Tax News
A Nebraska tax deduction for certain dividends doesn’t apply to income repatriated under the 2017 federal tax overhaul, the state Supreme Court affirmed Friday in rejecting arguments from a Berkshire Hathaway entity that the state’s tax system excluded the... by usoftax_admin | Aug 30, 2024 | Tax News
Barbara Pocock, an Australian Greens senator, tells ITR that professional accounting bodies must be held to account amid industry pushback over the tax scandal by usoftax_admin | Aug 30, 2024 | Tax News
Those interested have less than a week to respond to the latest consultation; in other news, large law firms are targets of IRS scrutiny and the OECD’s preferential tax regime reviews five jurisdictions by usoftax_admin | Aug 30, 2024 | Tax News
Gabriel Caldiron Rezende of Machado Associados explains the contrasting viewpoints and legislative developments regarding the taxation of goods moved between branches of the same company by usoftax_admin | Aug 29, 2024 | Tax News
A man who owed $50 million in taxes and offered to settle part of his debt was correctly denied a compromise, the Ninth Circuit affirmed Thursday, rejecting his argument that his offer should have been deemed accepted because the agency missed the two-year deadline... by usoftax_admin | Aug 29, 2024 | Tax News
The U.S. Supreme Court’s recent overturning of the Chevron standard of judicial deference to agencies when interpreting statutes does not justify reconsidering a Cayman Islands partnership’s tax liability, the U.S. Tax Court ruled.