Page 85 - Tax Code News Today

Hydrogen is a key ingredient in any country’s future energy plans. In the United States, the hydrogen sector is on the launch pad, ready for lift-off. However, its trajectory hinges on...

THE timely filing of a judicial case or claim is both mandatory and jurisdictional. Failure to do so will result in the claim being considered as filed out of time and the court lacking jurisdiction. For the court to have the authority to dispose of the case based on the merits, jurisdiction over the subject matter is essential. Lacking such jurisdiction, the case will be dismissed. However, it is important to note that due process of law has two aspects: substantive and procedural. To avoid vio...

The Verkhovna Rada of Ukraine has exempted from value added tax (VAT) a number of goods entering Ukraine for security and defense purposes.

The State Tax Service (DPS) of Ukraine has published clarifications the resumption of the pre-war taxation system, specifically regarding taxes on donations for the military, in a bulletin on July 27.

President Volodymyr Zelenskyy has signed a law on amendments to the Tax Code of Ukraine regarding the peculiarities of taxation during martial law, the president’s press service reported on July 27.

Commissioner Romeo D. Lumagui, Jr led the tax fraud investigation of one of the biggest distributors of flour in the industry, JPOON AND SONS CORPORATION

Congress managed to pass a tax bill in December — a great relief to tax professionals like myself who are going to spend the next four months preparing returns for clients. But what our legislators didn’t do was address the fundamentally unfair way the United States taxes people who work for a living compared with people…

Serhii Kliutsa, Managing partner of Daryna Law Firm, Associate partner of Crowe Mikhailenko

THE House Committee on Ways and Means on Wednesday said it will try to approve all of President Marcos’s tax-related priorities “next week so that the House can send them to the Senate before we begin budget hearings.” Albay Rep. Joey Sarte Salceda said his committee will tackle and try…

The Law on amendments to the Tax Code of Ukraine and certain other laws of Ukraine in connection with the introduction of electronic tracking of the turnover of alcoholic beverages, tobacco products and liquids used in electronic cigarettes (No. 8287) was signed on Monday, July 24, by Ukrainian President Volodymyr Zelenskyy.