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Jurisdictional Issues At Play In 9th Circ.’s FCA Trade Case

by usoftax_admin | May 14, 2025 | Tax News

A decision by the Ninth Circuit in Island Industries v. Sigma Corp. could result in the U.S. Court of International Trade’s exclusive jurisdiction over trade-related FCA cases, a big shift in the enforcement landscape just as tariffs take center stage in trade policy,...

Marathon Pushes Back On Bid To Nix Fuel Tax Credit Claims

by usoftax_admin | May 14, 2025 | Tax News

Marathon Petroleum pushed back against the government’s bid to end part of a lawsuit seeking hundreds of millions of dollars in tax refunds for its alternative fuel mixtures, telling an Ohio federal court that contrary to the government’s claims, butane is...

Evolving Federal Rules Pose Further Obstacles To NY LLC Act

by usoftax_admin | May 14, 2025 | Tax News

Following the Financial Crimes Enforcement Network’s recent changes to beneficial ownership information reporting under the federal Corporate Transparency Act — dramatically reducing the number of companies required to make disclosures — the utility of New...

Payroll Co. Owner Cops To Fraud, Tax Charges

by usoftax_admin | May 14, 2025 | Tax News

A former payroll company owner pled guilty to embezzling from her clients and failing to pay employee withholdings to the IRS on their behalf.

Pillar two in Portugal: years of uncertainty ahead after transposing legislation enacted

by usoftax_admin | May 14, 2025 | Tax News

António Queiroz Martins and Carolina Braga Andrade of Morais Leitão, Galvão Teles, Soares da Silva & Associados explain the application of the rules in Portugal as the country helps lead global tax reform

Indian High Court upholds ‘round tripping’ reassessment: expert analysis

by usoftax_admin | May 14, 2025 | Tax News

A recent decision underlines that Indian courts are more willing to look beyond just legal compliance and examine whether foreign investment structures have real business substance
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