A recent court decision limiting New York, New Jersey, and Connecticut’s ability to bypass the federal cap on state and local tax deductions is a warning to taxpayers to be wary of tax planning strategies that seem too good to be true.
California cannabis businesses would benefit from an excise tax rate reduction, but they should review operational legal and accounting documents and be careful when applying tax exemptions.
This week, experts examined conservation easements, why location is important for borderless workers, and more.
As the Multistate Tax Commission pushes for a new definition of “automated digital products,” which are provided for sale with minimal human intervention, states have a chance to rethink an outdated tax model that was built for physical goods.
Joseph Rillotta joined Meadows, Collier, Reed, Cousins, Crouch & Ungerman as a partner in its tax controversy and litigation and white-collar defense practices, the firm announced Tuesday.
Vivek Chandrasekhar joined Perkins Coie as a partner in its tax and environment, energy and resources practices in Washington, DC, the firm announced Monday.
Francesca Ugolini joined SouthBank Legal as a partner in its tax controversy practice in Washington, DC, the firm announced Friday.
Sam Trowbridge will join the tax practice at Baker McKenzie and will be a partner in the London office, the firm announced Tuesday.
Investors may not appreciate the stakes of Coca-Cola’s long-running transfer pricing battle with the IRS.
As scrutiny from tax authorities intensifies and transparency requirements grow, technology should be utilized and integrated into transfer pricing compliance procedures, say Grant Thornton practitioners.
Ongoing low staffing in HMRC’s Fraud Investigation Service has caused fewer cases to be opened and reducing yields for HMRC, says a Pure Tax Investigations practitioner.
KPMG Africa practitioners discuss the long-awaited application of APAs in Africa.
Khaitan & Co practitioners discuss the Indian tax landscape for licensing and assignment arrangements of intangible assets.
Companies should take a proactive approach to transfer pricing policies by closely monitoring import transactions and tariff compliance, reviewing and potentially revising their intercompany contracts, and considering whether a portion of tariff costs should be borne by a related party outside of the US, say a University of Notre Dame professor and Grant Thornton practitioners.
NFTC’s Anne Gordon says a controversial plan to change to the 15% global minimum tax deal would drive international competition while preserving local sovereignty.
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