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Pillar two and M&A: navigating the new regime

by usoftax_admin | Apr 4, 2025 | Tax News

The OECD’s mínimum tax rules are set to affect M&A deals in several ways, says Osborne Clarke partner Esther Villa

This week in tax: Donald Trump announces new global tariff regime

by usoftax_admin | Apr 4, 2025 | Tax News

The EU is preparing countermeasures to protect its interests, Ursula von der Leyen said; in other news, the NRA is suing the state of Colorado over a 6.5% tax on the sale of firearms

Ex-Judge, Profs Ask Justices To Weigh 9th Circ. Ch. 7 Ruling

by usoftax_admin | Apr 3, 2025 | Tax News

A former bankruptcy judge and five law professors have asked the U.S. Supreme Court to review a Ninth Circuit opinion protecting the state of Montana from a real estate mogul and Montana ski resort founder’s bid for damages over an involuntary Chapter 7 the...

$5.5 Trillion Cost To Making TCJA Permanent, JCT Says

by usoftax_admin | Apr 3, 2025 | Tax News

A permanent extension of the 2017 tax overhaul, including the law’s expired business provisions, would cost $5.5 trillion including interest over the next decade, according to estimates released Thursday by the Joint Committee on Taxation.

Tax Court Denies Couple’s Claim To Energy Credits

by usoftax_admin | Apr 3, 2025 | Tax News

A couple is not entitled to claim energy credits from an Arizona partnership whose manager pled guilty in a tax fraud scheme involving solar power equipment, the U.S. Tax Court ruled Thursday.

EU Top Court Backs €4.2M Tax Levy Against Game Developer

by usoftax_admin | Apr 3, 2025 | Tax News

Lithuanian tax authorities did not err when disallowing a video games company’s tax deductions for dividends it received from a subsidiary, resulting in a charge of €4.2 million ($4.6 million) in taxes, interest and penalties, the European Union’s top...
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