U.S. Tax Court Newsletter
-
U.S. Tax Court Grants Innocent Spouse Relief in Landmark Case
09 Feb 2024 18:37 GMT
In a landmark decision, the U.S. Tax Court has granted Kathryn D. … surrounding her husband's undisclosed income.
The Threshold … relief is a provision under U.S. tax law that allows …
Legal obligations: Ehrmann's divorce decree did not hold …
-
List of Tax Hikes in Biden’s 2025 Budget
13 Mar 2024 10:43 GMT
… tax increases will make the U.S. less competitive vs. our … be a devastating blow to U.S. competitiveness and sovereignty and … documents and signatures in U.S. Tax Court in order to run … caught the IRS lying. U.S. Tax Court is generally very deferential to …
-
U.S. v. Ryan
26 Feb 2024 18:00 GMT
… the postjudgment remedy granted…. 28 U.S.C. §3202(d). … with the consent of the U.S. Probation Officer Supervising Ryad.’” … exemption.’” See id. (quoting 28 U.S.C. §3202(d)). Furthermore, … U.S.C. §72(t)). In fact, the Government asserts that “the Tax Court …
-
Tax Court Rules Offshore Lending Hedge Fund Is Engaged in a U.S. Trade or Business
07 Feb 2024 12:59 GMT
… Investments, LP v. Commissioner1, the Tax Court held that YA Global Investments …
The Tax Court held that YA Global was engaged in a U.S. trade … cost of capital, the Tax Court held that these fees were … an annual basis. The Tax Court took an expansive view of …
-
Key Tax Court Cases on Valuation of Pass-Through Entities: The Early Years
31 Jan 2024 09:21 GMT
After the U.S. Tax Court decided Gross v. Commissioner1 in … -affecting of the earnings of S corporations (S corps) and partnerships for …
-
Coca-Cola Says Disagrees With Actions Of IRS And Latest Decision By U.S. Tax Court
09 Nov 2023 13:03 GMT
… the latest decision by the U.S. Tax Court.
Although the company has a … on the court's interpretation of the facts and … toward the conclusion of the Tax Court case, allowing the company to …
This includes the company's belief that it is unconstitutional …
-
The CRA’s fight with Toronto Maple Leafs’ John Tavares reflects a bigger tax problem
21 Feb 2024 20:34 GMT
… Notice of Appeal in the Tax Court of Canada – mainly because I … at a disadvantage to their U.S.-based counterparts, who have been … economy is always lagging the U.S. economy and our loonie is … cent the value of the U.S. greenback, making our out-of …
-
Twenty-four states have adopted 59 election-related laws this year
27 Mar 2024 10:16 GMT
… Maryland’s 3rd Congressional District
Amendment to create Georgia Tax Court will … during the breach of the U.S. Capitol on Jan. 6 … voters, overturn the U.S. Supreme Court’s decision in Citizens … the business court or tax court. The Legislature could determine …
-
INJUNCTION CLOSES EXCISE TAX COURT
13 Jan 2024 07:23 GMT
… the Internal Revenue department’s excise tax court from further operation in … of law.”
First Test in U. S.
It is said to … collection was established.
Closes Excise Tax Court.
In 1920, Joel M. … to be involved in excise tax court actions. R.,W. Johnson, …
-
Is IRS Abusing its Authority in Micro-Captives Investigations?
27 Mar 2024 05:35 GMT
… businesses.
A pair of federal Tax Court decisions at the start of … laws passed by our nation’s elected representatives and wants … December, multiple members of the U.S. House Committee on Ways … industry is regulated in the U.S.— the federal government can …