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Casinos Must Fight Hotel Tax In State Court, 5th Circ. Says

by usoftax_admin | Jun 20, 2024 | Tax News

Owners of two Louisiana casinos with attached hotels must challenge Baton Rouge in state court, rather than federal court, over taxes the city says they owe on free hotel stays they gave patrons, the Fifth Circuit ruled, saying the state is entitled to...

Housing, Child Care Top Dem. Senators’ 2025 Tax Deal Goals

by usoftax_admin | Jun 20, 2024 | Tax News

Senate Democrats plan to prioritize tax policies that will make child care and housing more affordable in the midst of the debate over the extension of the 2017 tax law’s expiring provisions in 2025, Senate Finance Committee Chairman Ron Wyden told reporters...

Dickinson Wright Brings On McDermott, Bell Nunnally Attys

by usoftax_admin | Jun 20, 2024 | Tax News

Dickinson Wright PLLC added a pair of new members who include a commercial finance and real estate attorney from Bell Nunnally & Martin LLP based in Austin, Texas, and a tax and incentives attorney from McDermott Will & Emery LLP in Fort Lauderdale,...

Tax Court Errs In Deeming Loans As Equity, 11th Circ. Told

by usoftax_admin | Jun 20, 2024 | Tax News

A Florida business owner deserves tax deductions on loans his companies made to residential development projects that became worthless during the Great Recession, he told the Eleventh Circuit in a bid to reverse a Tax Court decision that classified the loans as...

Money, Money, Money: Limiting White Collar Wealth Evidence

by usoftax_admin | Jun 20, 2024 | Tax News

As courts increasingly recognize that allowing unfettered evidence of wealth could prejudice a jury against a defendant, white collar defense counsel should consider several avenues for excluding visual evidence of a lavish lifestyle at trial, says Jonathan Porter at...

Canada Lawmakers OK Digital Tax, Advance Min. Tax

by usoftax_admin | Jun 20, 2024 | Tax News

Canada’s Senate passed a 3% digital services tax that would target the revenue of large technology companies, following through on a plan that has drawn criticism from the U.S. and groups representing American tech giants.
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