by usoftax_admin | Mar 11, 2024 | Tax News
A Streamlined Sales Tax Governing Board council said Monday it is considering pushing states to provide remote sellers with at least 30 days to begin collecting sales tax after crossing economic nexus thresholds, and for gross sales to be the basis for calculating... by usoftax_admin | Mar 11, 2024 | Tax News
States could collect tax on sales of digital codes that represent software, in-app purchases and non-fungible tokens at the time the code is sold under a proposal that a Streamlined Sales Tax Governing Board council debated Monday. by usoftax_admin | Mar 11, 2024 | Tax News
Property tax assessment appeals from rental apartment buildings in 2023 received the lowest number of reduction offers in a decade and accounted for half the number of offers in 2022, law firm Rosenberg & Estis PC said in a Monday statement. by usoftax_admin | Mar 11, 2024 | Tax News
Transparency is a key consideration for judges deciding how much deference to give to the position of a taxing authority, a senior state tax court judge said Monday, noting she has been struck sometimes by a lack of transparency from state taxing agencies. by usoftax_admin | Mar 11, 2024 | Tax News
The U.S. government is trying to relitigate a Tennessee federal court’s decision that sided with FedEx in a foreign tax credit dispute, the company said in asking the court to rule that it’s entitled to a refund of nearly $85 million. by usoftax_admin | Mar 11, 2024 | Tax News
The Internal Revenue Service erroneously increased the income tax liability of an audio electronics company by $187 million, the business argued in a U.S. Tax Court petition.