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The latest TP trends – from the perspective of key industries

by usoftax_admin | Aug 20, 2024 | Tax News

Deloitte and ITR are pleased to announce the forthcoming publication of a guide to the latest transfer pricing trends, which will highlight the most recent discussion topics across industries and sectors, and review regulatory changes. These trends include the...

‘Ghost’ Prepper Hasn’t Met Settlement Terms, Court Told

by usoftax_admin | Aug 19, 2024 | Tax News

A Connecticut businessman accused of “ghost preparing” — filing customers’ taxes without the required personal tax identification numbers — and inflating their refunds has failed to shut down his companies as part of the terms of an earlier...

Eaton Ordered To Give Int’l Employee Records To IRS

by usoftax_admin | Aug 19, 2024 | Tax News

Eaton Corp. must disclose employment records for some European workers in its transfer pricing dispute with the U.S. government because public interest in curtailing tax avoidance outweighs the interest in protecting the workers’ privacy, an Ohio federal judge...

AICPA joins coalition to fight intensifying tax scams, schemes

by usoftax_admin | Aug 19, 2024 | Tax News

The Coalition Against Scam and Scheme Threats (CASST), convened at the request of IRS Commissioner Danny Werfel, will work toward having new protections in place by the 2025 filing season.

Danish Gov’t Wants Evidence Excluded In $2B Tax Fraud Case

by usoftax_admin | Aug 19, 2024 | Tax News

A New York federal court should exclude some evidence presented by U.S. pension plans accused in what the Danish tax agency is calling a $2.1 billion tax fraud scheme, the agency said.

Mont. Tax Board Restores $1M Value To Commercial Property

by usoftax_admin | Aug 19, 2024 | Tax News

A commercial property in Montana was correctly valued at about $1 million, the state’s tax appeals board said, reversing a county tax board and upholding the income approach to the valuation used by the state revenue department.
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