Tax Pros Grapple With Complex Corporate Book Tax Rules
After more than two years, the Treasury Department has proposed rules to implement the new minimum tax on companies’ book income. Now comes the hard part. The regulations, which Treasury issued last m...
9 Loka 202412min
Reading Signals From Apple's $14 Billion EU Tax Ruling
The European Court of Justice's ruling against Apple Inc. over a $14.4 billion Irish tax bill stunned members of the international tax community, who said it throws the high court's precedent on tax s...
2 Loka 202411min
Multistate Tax Group's Counsel Talks State Consistency
The Multistate Tax Commission dates to the 1960s, yet the intergovernmental tax agency and its mission on behalf of state revenue departments are often not well understood. The map of tax laws and reg...
25 Syys 202415min
Reliving Lessons From Tax Overhaul Ahead of 2025 Cliff
The GOP's 2017 tax law—the biggest change in the US tax code in three decades—left a mammoth task for the IRS and Treasury Department. It resulted in the Treasury and a severely underfunded IRS creati...
18 Syys 202415min
How House Democrats Are Readying for 2025 Tax Talks
Rep. Brad Schneider (D-Ill.) likes to be prepared. Schneider and fellow House Democrats are getting behind-the-scenes briefings that started this summer to bone up on their tax policy knowledge ahead ...
11 Syys 202414min
Tax Bill, Appropriations Loom as Lawmakers Come Back
Lawmakers return to Washington next week for the final sprint of legislating before the November elections, on the heels of a failed tax bill vote, and with an appropriations deadline fast approaching...
4 Syys 202415min
Energy Tax Credit Market Booms as Regulations Come Out
The market for clean energy tax credits has been booming, with demand and supply skyrocketing since the 2022 tax-and-climate law established new credits and launched a way for energy developers to eas...
28 Elo 202421min
Undoing Microsoft's California Tax Ruling Isn't Simple
When Microsoft Corp. won a $94 million income tax refund from the California Office of Tax Appeals in February, it was considered one of the biggest victories for corporate taxpayers ever in Californi...
21 Elo 202411min
