by usoftax_admin | Apr 1, 2024 | Tax News
States lose at least $10 billion annually as multinational corporations shift profits to low-tax jurisdictions, according to a report by the Center on Budget and Policy Priorities, but enacting worldwide combined reporting could help remedy the problem. by usoftax_admin | Apr 1, 2024 | Tax News
The U.S. Supreme Court declined Monday to take up a case from a group of whistleblowers who pressed for an Internal Revenue Service review of tax-exempt status for real estate mortgage investment conduits. by usoftax_admin | Apr 1, 2024 | Tax News
Federal prosecutors on Monday defended a jury verdict finding two former software executives in North Carolina guilty of failing to pay employment taxes, saying sufficient evidence supported their convictions. by usoftax_admin | Apr 1, 2024 | Tax News
Maryland’s law against passing through its digital advertising tax to consumers is an unconstitutional restriction on free speech, business groups told a federal court, responding to its order for briefs on the meaning of the provision. by usoftax_admin | Apr 1, 2024 | Tax News
Nebraska’s deduction for certain dividends should apply to income repatriated under the 2017 federal tax overhaul, an attorney for a Berkshire Hathaway entity told the state Supreme Court on Monday. by usoftax_admin | Apr 1, 2024 | Tax News
Florida voters will have the opportunity to legalize recreational marijuana at the ballot box this November, after the state Supreme Court on Monday rejected a challenge brought by the state’s attorney general and ruled that the proposal didn’t violate a...