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2 Experts OK’d For Dutch Tax Agency In $2.1B Fraud Case

by usoftax_admin | Aug 12, 2024 | Tax News

Two experts will be allowed to testify in support of a suit by Denmark’s tax agency accusing U.S. pension plans of participating in a $2.1 billion tax refund fraud scheme, a New York federal district court said, overruling the pension plans’...

‘Survivor’ Winner Is True Owner In Property Dispute, US Says

by usoftax_admin | Aug 12, 2024 | Tax News

The winner of the first “Survivor” television season is the true owner of disputed property that should be sold to pay down his $3.3 million in tax liabilities, the government told a Rhode Island federal court, rejecting claims that his sister is the...

PwC Australia government consulting revenue plummets following scandal

by usoftax_admin | Aug 12, 2024 | Tax News

The sale of its government consulting arm to Allegro Funds and a general government reluctance to use the firm contributed to the revenue drop

Australia: broadening of assets subject to CGT for foreign residents

by usoftax_admin | Aug 12, 2024 | Tax News

Adam Smith of DLA Piper Australia reviews a raft of proposed Australian tax law changes, including a widened scope of capital gains tax for foreign residents

Kyocera Targets Treasury TCJA Reg, Seeking $7M Tax Refund

by usoftax_admin | Aug 10, 2024 | Tax News

The Treasury Department acted outside its bounds by issuing a regulation changing the effective date of the 2017 tax overhaul, electronics maker Kyocera argued as it urged a South Carolina federal court to void the regulation and approve the company’s claim for...

ERC disallowance letters go to 28K businesses, moratorium adjusted

by usoftax_admin | Aug 10, 2024 | Tax News

The IRS moved the moratorium date forward into early 2024. Also, it announced sending disallowance letters to some businesses with invalid claims and plans for payments to others.
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