Tax is sexy, you didn't know? We know it at Bloomberg Tax and Accounting @tax. Retweets may be just because stuff's interesting.
Washington, DC
Joined February 2016
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Seen from Yellow Line river bridge at rush hour: no endless line of cars at the GW Parkway exit to 395 North. Nobody at all. Kind of felt like a holiday for me too. Except that, wait, no.
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klarsentax retweeted
Column: The OECD-led global tax deal is in shambles. The pact started as a Utopian idea that set out to salve hundreds of countries but wound up appeasing almost no one. btaxgo.com/QDwiwbQ
klarsentax retweeted
Conservatives & business groups on mission to roll back judicial deference nationwide watched as the Supreme Court scrapped its own federal precedent—and then got back to work.
Read our @BLaw deep dive on the anti-agency push impacting the nation.
news.bloomberglaw.com/litiga…
klarsentax retweeted
Take note #Whistleblowers, Illinois’s legacy of unpaid bills--$16 billion at one point--is at the heart of tax fraud litigation moving through court. See my story in @bloombergtax news.bloombergtax.com/daily-…
klarsentax retweeted
NEW: Think tax talk is over until 2025? Think again.
A top Finance Democrat is making a move to peel off the popular LIHTC provision from the Smith-Wyden tax package.
Housing advocates keep up hope for September or lame-duck LIHTC action.
news.bloombergtax.com/daily-…
klarsentax retweeted
Who doesn't love transfer pricing? See my interview with Joe Garrett @DeloitteUS, a true expert and gentleman. We get into TP, combined reporting and state audits, all in @bloombergtax
news.bloombergtax.com/transf…
In the room.
1/ I'm in the Manhattan criminal courtroom this morning as former President Donald Trump appears to be struggling to stay awake. His eyes have been largely closed for dozens of minutes. Sometimes his head has fallen down before he lifts it back up, and his mouth is sometimes slightly agape.
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Was going through ancient stuff, found these—guess I just couldn’t let go. I do actually miss that great power beat.
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New stuff to learn! Love some upheaval in the style department. Associated Press Stylebook makes Merriam-Webster its official dictionary - Poynter poynter.org/reporting-editin…
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klarsentax retweeted
Apple, Facebook, Google, and streaming service Peacock are headed to Maryland Tax Court with constitutional challenges to the state’s digital advertising tax, but a decision won’t be available for another 6 months. See my story in @bloombergtax news.bloombergtax.com/daily-…
When you’re running errands in the neighborhood on a weekday and it’s amazing that people are actually doing stuff and eating in restaurants and there’s a wine-tasting at Radici. I always think things happen only on weekends.
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A savvy @MJBologna looking beyond the headlines into states and transfer pricing.
Louisiana’s battle against ConocoPhillips Co. over profit shifting to mitigate tax liabilities has illuminated the opaque world of state transfer pricing disputes and raised concerns about a more aggressive audit climate. See my deep dive in @bloombergtax
news.bloombergtax.com/daily-…
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From the never-stronger @tax state tax news team, including @PerryECooper and plus @rapoportmike—looking for the ramifications, as always.
Microsoft's $94M win before the California OTA regarding the treatment of repatriated income opens the door for 100s of multinationals to seek similar income tax refunds. My brilliant colleague @schwahoney has a great analysis in @bloombergtax news.bloombergtax.com/daily-…
klarsentax retweeted
Manufacturers making major capital investments in Louisiana will have an easier time claiming property tax abatements under an initiative announced by Republican Gov. Jeff Landry. news.bloombergtax.com/daily-…
100,000 refunds? That sounds challenging. @MJBologna looks at this Tennessee situation.
Tennessee lawmakers may be unhappy with Gov Lee’s $1.6 billion plan to overhaul the franchise tax, but the price tag could have been far higher, according to @reedsmithllp attorneys representing 80 taxpayers seeking refunds. See my story in @bloombergtax news.bloombergtax.com/daily-…
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klarsentax retweeted
On Wednesday, you have a chance to join New York Republicans to provide hardworking NY taxpayers with a SALT fix. The question is will you join us or will you be whipping votes no?
klarsentax retweeted
Does anyone understand the California ruling about the state's adoption of the MTC's interpretation of PL 86-272 in the era of ecommerce? It was an honor to work with the brilliant @schwahoney and @PerryECooper to explain it and the national implications.
news.bloombergtax.com/daily-…
