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Meta Can’t Escape Suit Over Collection Of Taxpayers’ Data

by usoftax_admin | Mar 28, 2024 | Tax News

A California federal judge refused to release Meta from a consolidated class action accusing it of unlawfully collecting sensitive information from tax filing websites H&R Block, TaxAct and Tax Slayer, allowing state and federal wiretapping claims to move forward...

DoorDash, Grubhub Want Docs From NY Restaurant Lobbyists

by usoftax_admin | Mar 27, 2024 | Tax News

DoorDash, Grubhub and Uber Eats have urged a Manhattan federal judge to let them subpoena the trade group executives who allegedly “worked closely” with officials on challenged New York City caps on fees that food delivery apps can charge...

Zaxby’s Co-Founder’s $43M Easement Fight Headed For Trial

by usoftax_admin | Mar 27, 2024 | Tax News

A trial will be needed to determine whether a co-founder of the Zaxby’s restaurant chain and his wife are entitled to a $43.3 million tax refund for donations of conservation easements, a Georgia federal judge ruled Wednesday, saying the value of the easements...

Australian Senate OKs Amended Thin Capitalization Rules

by usoftax_admin | Mar 27, 2024 | Tax News

Australia’s upper house passed a bill Wednesday amending the country’s thin capitalization rules to limit the amount of debt deductions that multinational entities can claim in an income year.

NY Couple Hid $1.4M In Dividends, Tax Court Says

by usoftax_admin | Mar 27, 2024 | Tax News

A New York man who pled guilty to healthcare fraud and his wife are liable for tax deficiencies after failing to report more than $1.4 million in constructive dividends, the U.S. Tax Court said Wednesday.

PwC Hiding Key Details Of Tax Scandal, Aussie Senate Says

by usoftax_admin | Mar 27, 2024 | Tax News

PwC is hiding key details from investigators about its partners marketing confidential drafts of tax laws to top U.S. firms, waited years to review the matter internally and does not appear capable of making substantive reforms, an Australian Senate committee said...
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