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China Issues Tariffs, WTO Challenge To Hit Back At Trump

by usoftax_admin | Apr 4, 2025 | Tax News

Chinese officials began honing their response to the Trump administration’s expansive new tariffs on Friday, setting up retaliatory duties and announcing plans for a challenge at the World Trade Organization.

La. Sales Tax Will Apply To Some Crane Rentals, Dept. Says

by usoftax_admin | Apr 4, 2025 | Tax News

Leases or rentals of cranes with operators in Louisiana will incur sales tax in the same way other tangible property rentals with operators are subject to tax, following the repeal of an exemption for crane rentals, the Louisiana Department of Revenue said. 

Mass. Tax Revenue Through March Up $786M From Estimate

by usoftax_admin | Apr 4, 2025 | Tax News

Massachusetts tax collection from July through March outpaced a forecast by $786 million, according to a report by the state Department of Revenue.

Taxation With Representation: Ropes & Gray, Paul Hastings

by usoftax_admin | Apr 4, 2025 | Tax News

In this week’s Taxation With Representation, Siemens AG acquires Dotmatics from Insight Partners, LPL Financial acquires Commonwealth Financial Network, Brookfield Asset Management takes a majority stake in Angel Oak Cos., and TowneBank acquires Old Point...

Mortgage Lender Sues US For $5M In Worker Credit Refunds

by usoftax_admin | Apr 4, 2025 | Tax News

The Internal Revenue Service owes a mortgage lender $5 million in refunds for worker tax credits after it had to suspend operations during the pandemic, the lender told a California federal court, saying the agency denied one of its claims for credits without...

Webinar – E-invoicing fundamentals: laying the groundwork for compliance

by usoftax_admin | Apr 4, 2025 | Tax News

Gain essential insights into continuous tax controls by joining ITR and Thomson Reuters on April 30 for the first webinar of a three-part series on streamlining e-invoicing compliance in a digital-first world
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