Opinion: Kyle Pine, a partner with Foley & Lardner in Boston, shares his thoughts about the tax profession with Bloomberg Tax Insights and Commentary. news.bloombergtax.com/tax-in…
Opinion: The lack of comparables in Africa remains a complex issue and taxpayers should ensure that the transfer pricing policy they apply is well supported and documented, particularly with a view to identifying sufficient good comparables. news.bloombergtax.com/tax-in…
The owner of three billboards leased to Lamar Advertising Co. will get another chance to argue a central Illinois county improperly taxed them as real property, after a state appeals court revived the case. news.bloombergtax.com/daily-…
Accounting and consulting giant PwC said it had grown revenue in all areas of the world and across all business lines over the last year, led by a strong showing in Asia. news.bloombergtax.com/financ…
The audit and tech industries are teaming up to offer a framework to assess business risks related to artificial intelligence systems and autonomous agents. news.bloombergtax.com/financ…
The Colorado Supreme Court agreed to review whether the ski resort town of Breckenridge needed voter approval to impose an annual fee on short term rentals intended to defray housing costs for the local workforce. news.bloombergtax.com/daily-…
Opinion: US Sen. Tim Scott (R-S.C.) says governors in all 50 states should opt in and invest in the federal Education Freedom Tax Credit program to give families from all socioeconomic backgrounds a choice in their child’s education. news.bloombergtax.com/tax-in…
The United Nations’ tax experts will meet in Geneva this week to review and approve plans covering a wide range of emerging issues in the areas of transfer pricing and digital and wealth taxation. news.bloombergtax.com/daily-…
A US accounting industry group published an AI framework to steer auditors as they vet the balance sheets and revenue of private companies, while the sector’s Washington regulator weighs its own guidance. news.bloombergtax.com/financ…
The IRS proposed rules to block undocumented immigrants from accessing the tax credit that lowers premium costs for qualified health insurances. news.bloombergtax.com/daily-…
Taxpayers who may be owed refunds for tax penalties paid during the years-long pandemic are getting denial letters from the IRS, the National Taxpayer Advocate said. news.bloombergtax.com/daily-…
The Big Four auditors want a clear picture of how the industry’s watchdog will scrutinize compliance safeguards under a refreshed governance standard firms will adopt by the end of the year. news.bloombergtax.com/financ…
An increasing number of US companies are incurring hefty tax bills this year under a law meant to limit profit-shifting from the US to low-tax countries. news.bloombergtax.com/daily-…
Opinion: The Louisiana Tax Commission’s approval of a motion governing the lifecycles for data center equipment and infrastructure shows that the state is moving toward statewide property tax valuation guidelines for this type of technology. news.bloombergtax.com/tax-in…
Opinion: A new conservation easement office at the IRS has yet to explain how it plans to reduce backlogged cases and has sown confusion by ending a settlement program that it announced just five months ago, Wiggam Law's John Kirbo says. news.bloombergtax.com/tax-in…
The UK tax authority declined to share details on whether it’s looking into Manchester City Football Club’s breaching of Premier League rules for providing false financial information and inflating sponsorship revenue. news.bloombergtax.com/daily-…
The UK’s accounting watchdog Wednesday said that companies need to give more details on their research and development spending, and link narrative reporting more directly to financial results. news.bloombergtax.com/financ…
A US accounting industry group published an AI framework to steer auditors as they vet the balance sheets and revenue of private companies, while the sector’s Washington regulator weighs its own guidance. news.bloombergtax.com/financ…
The IRS proposed rules to block undocumented immigrants from accessing the tax credit that lowers premium costs for qualified health insurances. news.bloombergtax.com/daily-…
A Michigan senior living community isn’t entitled to a property tax exemption because the petitioning company failed to prove it operated qualifying facilities, the state tax tribunal ruled. news.bloombergtax.com/daily-…
