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IRS Announces 2024 Senior Executive Review Board Members

by usoftax_admin | Aug 5, 2024 | Tax News

The Internal Revenue Service on Monday named the 99 employees who will make up the standing roster of its fiscal year 2024 Senior Executive Service Performance Review Boards.

India’s incoming GAAR disputes: in conversation with Sanjay Sanghvi

by usoftax_admin | Aug 5, 2024 | Tax News

The Khaitan & Co partner also declared that the era of tax planning is over, in an exclusive ITR interview

Pillar two necessary to boost tax revenues: Australian minister

by usoftax_admin | Aug 5, 2024 | Tax News

Andrew Leigh tells ITR that the 15% minimum corporate tax is crucial to extracting revenue from multinationals that are misusing transfer pricing rules

Shuttered Paper Mill Says NC Can’t Claw Back $12M Incentive

by usoftax_admin | Aug 2, 2024 | Tax News

Food and beverage packaging company Pactiv Evergreen has said it shouldn’t have to repay the state of North Carolina $12 million in economic incentives after it shut down a local mill, arguing the underlying agreement is contradictory and the state is purely out...

IRS Wrongly Attacking Installment Method Deals, Court Told

by usoftax_admin | Aug 2, 2024 | Tax News

The Internal Revenue Service mischaracterized installment sales as potentially abusive tax shelters in last year’s rule proposing additional reporting requirements for such deals, an Idaho capital assets dealer told a federal district court.

Colo. Court Affirms Residential Tax Rate For Vacant Parcels

by usoftax_admin | Aug 2, 2024 | Tax News

Two vacant parcels in Colorado were correctly classified as residential, the Colorado Court of Appeals said, upholding a state assessment board finding that the parcels were used in conjunction with an adjoining residential parcel.
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