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IRS Issues Corp. Bond Monthly Yield Curve For April

by usoftax_admin | Apr 15, 2025 | Tax News

The IRS published the corporate bond monthly yield curve Tuesday for use in calculations for defined benefit plans for April, as well as corresponding segment rates and other related provisions.

How the Luxembourg tax authorities should apply ex officio taxation

by usoftax_admin | Apr 15, 2025 | Tax News

Edouard Authamayou and Christelle Larcher of Deloitte Luxembourg explain how several recent rulings have clarified the Administrative Court’s stance on the application of ex officio taxation in the grand duchy

Treasury Should Scrap Cloud Computing Rules, NFTC Says

by usoftax_admin | Apr 15, 2025 | Tax News

The U.S. Treasury Department should withdraw proposed regulations for determining the source of income from cloud computing, according to the National Foreign Trade Council, which contended the rules add significant complexity to digital transactions.

Tenn. Delays State Tax Filing Deadlines After Storms

by usoftax_admin | Apr 15, 2025 | Tax News

Tennessee will allow taxpayers affected by storms and floods earlier this month to have an extension to file state tax returns, according to a notice published by the state Department of Revenue.

La. House Panel Votes To Ban Class Suits Against Tax Agency

by usoftax_admin | Apr 15, 2025 | Tax News

Louisiana would bar class actions from being brought against the state’s tax department under a bill advanced Tuesday by the state House Ways and Means Committee.

Arkansas House Panel OKs Ending Sales Tax On Groceries

by usoftax_admin | Apr 15, 2025 | Tax News

Arkansas would exempt groceries from statewide sales and use taxes under legislation approved Tuesday by a House panel.
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