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On October 11, 2022, the IRS announced draft changes to Schedule UTP, Uncertain Tax Position Statement.1 These are the first material changes to Schedule UTP since the IRS first published...
The ongoing pandemic has made mobility a necessity for many families and professionals around the world. Cross-border migrations between the United States and other countries are usually wrought with tax complexities.
Data reflects effects of the COVID-19 pandemic and recent tax law changes.
'Net taxes should only be acceptable if the vendor in question hasa substantial presense in the jurisdiction of the taxing body.
The city of Amarillo received a ruling from Judge William Sowder voiding its civic center plan to issue tax notes to renovate its aged facility.