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How Attys Can Avoid Pitfalls When Withdrawing From A Case

by usoftax_admin | May 28, 2024 | Tax News

The Trump campaign’s recent scuffle over its bid to replace its counsel in a pregnancy retaliation suit offers a chance to remind attorneys that many troubles inherent in withdrawing from a case can be mitigated or entirely avoided by communicating with clients...

9th Circ. Won’t Touch IRS Bid For Tax Liability On Bookie

by usoftax_admin | May 28, 2024 | Tax News

A bookie who pled guilty to helping run an illegal sports gambling ring out of Peru can’t escape his ensuing $100,000 tax liability under a Ninth Circuit ruling that declined to expunge his conviction after he argued the taxes are disproportionately...

G7 Moves Toward Using Frozen Russian Assets For Ukraine

by usoftax_admin | May 27, 2024 | Tax News

Finance ministers from the Group of Seven countries made progress over the weekend on agreeing how to use profits from frozen and immobilized Russian state assets to support Ukraine’s war against Russia, although European members had doubts about the...

EU Flags 6 Countries For Failures On Transparency Law

by usoftax_admin | May 27, 2024 | Tax News

The European Commission flagged six countries for deficiencies in its implementation of an EU law requiring some companies to publish their tax data, the EU’s executive said in a news release. 

Fiji Joins International Framework Against Tax Avoidance

by usoftax_admin | May 27, 2024 | Tax News

Fiji joined an international group of jurisdictions aiming to stop tax avoidance, the Organization for Economic Cooperation and Development said Monday, adding that the country would participate in the two-pillar solution to change tax rules for large multinational...

Shuttered Paper Mill Flouted $12M Incentive Deal, NC AG Says

by usoftax_admin | May 24, 2024 | Tax News

The state of North Carolina is suing food and beverage packaging company Pactiv Evergreen to recoup $12 million in economic incentives the company allegedly accepted to keep a local mill up and running after it abruptly shuttered the facility last year.
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