by usoftax_admin | Jul 18, 2024 | Tax News
Tax authorities including the Internal Revenue Service are overstepping in their use of “realistic alternative” arguments, substituting their own judgment for that of businesses, transfer pricing specialists said Thursday. by usoftax_admin | Jul 18, 2024 | Tax News
In this month’s review of class action appeals, Mitchell Engel at Shook Hardy considers cases touching on pre- and post-conviction detainment conditions, communications with class representatives, when the American Pipe tolling doctrine stops applying to... by usoftax_admin | Jul 18, 2024 | Tax News
The Streamlined Sales Tax Governing Board gave final approval Thursday to a proposal allowing states to apply the highest, lowest or a blended state and local tax rate inside a five-digit ZIP code area to sales of digital goods when buyers aren’t required to... by usoftax_admin | Jul 18, 2024 | Tax News
The Indiana Board of Tax Review determined that an event center owned by an organization that promotes German culture doesn’t qualify for a property tax exemption because the property is used for social purposes rather than cultural preservation. by usoftax_admin | Jul 18, 2024 | Tax News
An Indiana local assessor correctly valued an unfinished mansion at $2.2 million in 2021 and $2.4 million in 2022, a state review board determined after agreeing with the assessor’s cost approach. by usoftax_admin | Jul 18, 2024 | Tax News
The Internal Revenue Service’s Whistleblower Office did not abuse its discretion when it set an award at 22% of collected proceeds even though other awards tied to related claims were set at 30%, the U.S. Tax Court said Thursday.