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Court Upholds Limit To Award In Ecopetrol, Texas Co. Dispute

by usoftax_admin | May 24, 2024 | Tax News

An arbitration tribunal was within its authority to limit the number of years and the amount that a Houston-based oil company had to reimburse Colombia’s state-owned entity, Ecopetrol, for the value-added tax liability of a subsidiary while owned by the company,...

CohnReznick Adds Tax Planning Partner From Mazars

by usoftax_admin | May 24, 2024 | Tax News

CohnReznick LLP added a top accountant and tax partner from Mazars USA LLP to its roster of tax professionals, the firm announced.

The Tax Angle: TCJA Stalemate, Corp. Rates, Tax Preparers

by usoftax_admin | May 24, 2024 | Tax News

From a look at the Senate’s inaction on a bipartisan House-passed tax bill to efforts to raise the corporate tax rate and regulate tax return preparers, here’s a peek into a reporter’s notebook on a few of the week’s developing tax...

AICPA makes recommendations to IRS on next Priority Guidance Plan

by usoftax_admin | May 24, 2024 | Tax News

In addition to the guidance on the plan, the letter recommends that Treasury and the IRS continue pursuing tax simplification.

UK experts endorse tax advisory regulation

by usoftax_admin | May 24, 2024 | Tax News

Proposals by HM Revenue and Customs to raise standards in the advisory market are ‘well overdue’, one partner declared

IRS Corrects Notice On Bonus Energy Tax Credit Safe Harbors

by usoftax_admin | May 24, 2024 | Tax News

The Internal Revenue Service and U.S. Department of the Treasury issued a correction Friday to a notice providing additional safe harbors that clean energy project developers can use to qualify for bonus tax credits for domestically sourcing their steel and aluminum...
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