by usoftax_admin | May 14, 2024 | Tax News
The apportionment of corporate tax to Oregon by ABC must be made for each of its affiliates, not for the taxpayers as a group, the state’s tax court said Tuesday, agreeing with the entertainment giant. by usoftax_admin | May 14, 2024 | Tax News
The U.S. Department of the Treasury did not act arbitrarily when it wrote transfer pricing regulations that allowed the government to disregard foreign legal restrictions on royalty payments when allocating income to 3M from an affiliate, a law professor told the... by usoftax_admin | May 14, 2024 | Tax News
Virginia will not expand its sales tax base to include digital products, and it will not change current tax policy in any way, under a two-year budget signed by Republican Gov. Glenn Youngkin. by usoftax_admin | May 14, 2024 | Tax News
The Internal Revenue Service’s pilot program for free electronic tax return filing should be made permanent and grown, a coalition of groups that endorse the project told IRS Commissioner Daniel Werfel and Treasury Secretary Janet Yellen in a letter... by usoftax_admin | May 14, 2024 | Tax News
New Jersey general revenue collection from July through April dipped $709 million compared with the same period last year, the state Department of the Treasury reported Tuesday. by usoftax_admin | May 14, 2024 | Tax News
New modular homes would be exempt from Colorado’s sales and use taxes, saving taxpayers about $1 million annually, under legislation passed by lawmakers and heading to Gov. Jared Polis.