by usoftax_admin | Jun 25, 2024 | Tax News
The Minnesota tax department correctly applied an alternative method of apportionment to manufacturing company DuPont that better represented the company’s taxable income in the state following transactions involving forward exchange contracts, the state’s... by usoftax_admin | Jun 25, 2024 | Tax News
Washington, D.C., would impose a special tax rate on high-end residential properties, boost the premium for the district’s paid leave program and make other tax and spending changes under legislation passed Tuesday by the district council. by usoftax_admin | Jun 25, 2024 | Tax News
Two U.S. pension plans made an “extremely strained” contention that Denmark’s tax administrator waited too long to accuse them of participating in a $2.1 billion fraud scheme, a New York federal judge said in declining to toss the case. by usoftax_admin | Jun 25, 2024 | Tax News
With potential tax legislation likely to spur a surge in private business sales, sellers can make the most of after-tax proceeds with strategies that include price allocation and qualified investment options, say Isaac Grossman and Daniel Studin at Morrison... by usoftax_admin | Jun 25, 2024 | Tax News
Chamberlain Hrdlicka White Williams & Aughtry has strengthened its tax controversy and litigation practice with the addition of three attorneys in Atlanta, including a former senior trial attorney in the Tax Division of the U.S. Department of Justice for more than... by usoftax_admin | Jun 25, 2024 | Tax News
The IRS issued an extraordinary public apology Tuesday to hedge fund founder and billionaire Ken Griffin for the leak of his and others’ tax information to the media by a former contractor who admitted to stealing the returns of thousands of wealthy individuals,...