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Results: 1-10 of 440

Tax Court finds indirect prohibited transaction in IRA

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • May 22 2013

In Peek v. Commissioner (May 9, 2013), the U.S. Tax Court ruled that two taxpayers had engaged in an indirect "prohibited transaction" with their

SST Governing Board considers "best practices" matrix and marketplace fairness implementation; SLAC contemplates digital goods sourcing

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • May 17 2013

The Streamlined Sales Tax Governing Board (SSTGB), as well as its State and Local Advisory Council (SLAC) and Business Advisory Council (BAC

California Court of Appeal lends judicial support for declining term of possessory interests and for authoritativeness of assessors' handbooks

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • May 15 2013

The Court of Appeal ruled that the County of Los Angeles illegally assessed the possessory interest of the lessee of a building owned by

"Tut-tut," Long Beach: California Supreme Court permits taxpayers to file class action suit to recover telephone user taxes

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • May 13 2013

The California Supreme Court held that taxpayers may file a class action lawsuit to claim a refund of local telephone user taxes (TUT) paid to the

MTC explores transfer pricing audits, shelves pass-through entity project

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • May 13 2013

On Thursday, May 9, the Multistate Tax Commission (MTC) hosted an Executive Committee (Committee) meeting in Washington, D.C. The Committee discussed

At last: final regulations issued under section 336(e)

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • May 13 2013

In a move that was nearly 27 years in the making, the Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued long-awaited final

Enterprise portfolio management: the next generation of New York nontaxable products

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • May 7 2013

The New York State Department of Taxation and Finance has determined that a financial services firm is not subject to the New York State sales and

FATCA NFFE rules subject non-U.S. P&C insurers and reinsurers to burdensome reporting requirements

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • May 2 2013

The good news is that, under the recently released Foreign Account Tax Compliance Act (FATCA) regulations, most non-U.S. property and casualty (P&C

President’s 2014 Budget includes employee benefits proposals

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • May 1 2013

On April 10, 2013, the White House released its Fiscal Year 2014 Budget (the Budget), which includes a number of proposals related to employee

Corporate partner loses gamble on Indiana deduction for partnership income

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • April 30 2013

In a Letter of Findings, the Indiana Department of Revenue disallowed a corporate partner's attempt to deduct flow-through income from a limited