by usoftax_admin | Apr 18, 2024 | Tax News
The tax system in Estonia — ranked the top country for international tax competitiveness by the Tax Foundation — is fair and easy to administer, which is key to the country’s tax administration successes, the governor of the Bank of Estonia said... by usoftax_admin | Apr 18, 2024 | Tax News
Domestic and foreign companies doing business in Georgia will continue to pay the same tax rate as individuals, but both corporate and personal rates will fall, according to a tax package signed Thursday by Republican Gov. Brian Kemp. by usoftax_admin | Apr 18, 2024 | Tax News
The IRS defended its denial of AbbVie’s claimed deduction for a $1.6 billion payment to a biotechnology company over their failed merger, telling the U.S. Tax Court that the pharmaceutical giant is misconstruing an underlying statute to challenge the... by usoftax_admin | Apr 18, 2024 | Tax News
A health clinic manager was sentenced to nine years in prison and ordered to pay $40 million in restitution to the government for participating in a multimillion-dollar healthcare kickback scheme that involved tax fraud, according to documents in a New York federal... by usoftax_admin | Apr 18, 2024 | Tax News
Mississippi reenacted an income tax credit for qualified railroad reconstruction or replacement expenditures under a bill signed by the governor. by usoftax_admin | Apr 18, 2024 | Tax News
A House proposal that would allow for those affected by disasters to extend the period for claiming tax credits or refunds when granted postponements for filing tax returns received support from the American Institute of Certified Public Accountants.