Export Clause News Today

In this case the anti-tax argument requires them to make light of a Supreme Court decision that came down when the ink was barely dry on the Constitution.

The IRS announced that it will be open for special Saturday hours throughout tax season. The IRS urged people to carefully review the Employee Retention Credit guidelines before trying to claim the credit. Senate confirmed Daniel Werfel as the next IRS Commissioner.

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of March 6, 2023 – March 10, 2023...

A recent challenge to the constitutionality of the federal excise tax on domestic crude oil exported from the United States proved successful in the US Court of Appeals for the Fifth...

A recent challenge to the constitutionality of the federal excise tax on domestic crude oil exported from the United States proved successful in the US Court of Appeals for the Fifth Circuit. While the US Department of Justice will seek to defend the tax in other circuits, the ruling could lead to a competitive advantage for domestic crude oil exporters located within the Fifth Circuit’s jurisdiction.

A recent challenge to the constitutionality of the federal Excise tax on domestic crude oil exported from the United States proved successful in the…