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Digitalisation of indirect tax demands a holistic approach

by usoftax_admin | Mar 22, 2024 | Tax News

Gregory Verpoorten and Rogier Vanhorick of Deloitte explain three key lessons for tax leaders as real-time indirect tax compliance moves ever closer and compliance requirements become even more complex

Indonesian government offers VAT incentives for homebuyers in 2024

by usoftax_admin | Mar 22, 2024 | Tax News

Jeklira Tampubolon and Julius Wahyu Daryono of GNV Consulting Services report on fresh VAT incentives designed to stimulate investment in the housing sector, and several regulations that are intended to boost electric vehicle adoption

Taxpayer notice of third-party contact shortened under proposed regs.

by usoftax_admin | Mar 21, 2024 | Tax News

The IRS would reduce the notice of third-party contact with respect to the determination or collection of the taxpayer’s tax liability to 10 days from 45 days in several circumstances involving statutory periods for assessments and collections that expire in one year...

Treasury Wants Guidance For R&D Credits, Official Says

by usoftax_admin | Mar 21, 2024 | Tax News

The U.S. Treasury Department is looking for future administrative guidance on the international minimum tax agreement known as Pillar Two to give favorable treatment to U.S. research and development tax credits, but it will likely come with guardrails, a Treasury...

Tax Court OKs Collection After Man Fails To Provide Records

by usoftax_admin | Mar 21, 2024 | Tax News

A Georgia man cannot challenge a tax collection action after failing to provide financial records proving he cannot pay a liability, the U.S. Tax Court ruled Thursday.

La. House Tax Writers Advance Cuts To Severance Tax Rates

by usoftax_admin | Mar 21, 2024 | Tax News

Louisiana would reduce its standard severance tax rate by 4 percentage points over eight years and cut its tax rate on inactive and orphan wells in half starting this year under two bills the state House of Representatives’ tax-writing committee approved.
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Sey Tax Group
Sey Tax Ltd
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Ireland D02 P2N6

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