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Ohio March Revenue Falls 9.6% Below Estimates

by usoftax_admin | Apr 12, 2024 | Tax News

Ohio general revenue for March was $171 million, or 9.6%, below estimates, the state Office of Budget and Management reported, attributing the change to large income tax refunds. 

Miss. Justices Told Gas Co.’s Freight Charges Subject To Tax

by usoftax_admin | Apr 12, 2024 | Tax News

A natural gas transportation company operating in Mississippi was required to pay use tax on freight charges paid to a third party when it purchased items, the state Department of Revenue told the state’s high court. 

State Tax Positions On Internet Activities Face Key Test In NY

by usoftax_admin | Apr 12, 2024 | Tax News

Litigation challenging a New York regulation outlining when certain online activities by out-of-state businesses exceed a 1950s-era federal statute’s protections against state income taxes could clarify how much latitude states have to interpret the law for the...

Trump Trial’s Anonymous Jury Signals Sacrifice Of Service

by usoftax_admin | Apr 12, 2024 | Tax News

As jury selection begins Monday in the criminal trial of former president Donald Trump, the panel’s identities will remain shielded from the public and the media. So-called anonymous juries are relatively new and rare, but they’re being used more and more...

OECD Base Erosion Project Still Percolating, Think Tank Says

by usoftax_admin | Apr 12, 2024 | Tax News

Policymakers should recognize that the Organization for Economic Cooperation and Development’s tax project from roughly a decade ago to reduce base erosion and profit shifting may still be affecting companies’ behavior, according to a publication released...

La. Board Says Private Foundation Buildings Are Tax-Exempt

by usoftax_admin | Apr 12, 2024 | Tax News

The Louisiana tax appeals board ruled that four buildings owned by a private foundation and leased to commercial tenants are exempt from property tax, as they support research opportunities at the University of New Orleans.
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