Posted onAuthorJacob C.Comments Off on International tax affairs to watch in 2022
By Natalie Olivo (Jan 3, 2022, 12:02 p.m. EST) – Courts will continue to wrestle this year with high-stakes cases brought by large U.S. multinationals that have accused federal tax authorities of overriding, with disputes, including including FedEx’s challenge to repatriation regulations and Facebook’s fight against multibillion-dollar adjustments to its tax bill.
As the new year unfolds, courts across the country will rule on several closely watched cases in which companies have claimed the Internal Revenue Service and the US Treasury Department have exceeded their authority, in particular when adjusting income or drafting regulations. Facebook, for example, is challenging a transfer pricing adjustment from the IRS, which argued that the tech giant …
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
Create personalized alerts for specific case articles and topics and more!
In Boston, the levels of coronavirus measured in sewage have more than quadrupled from the outbreak last winter. In Miami, more than a quarter of people test positive for COVID-19. And the San Francisco medical official estimates that, based on tests at his hospital, one in 12 people in the city with no symptoms of […]
Chicago welcomed 175 new Americans this week as they swore allegiance to the United States at Wrigley Field. The oath forces these new citizens to give up all loyalty to their home country, a price they willingly pay to be part of the American fold. But for many Latinos, born in the United States and […]
Before we look at the issue that U.S. Representative Mike Quigley, D-Ill. Phoned me to talk about last week – the shipping of combat birds through the United States Postal Service – we need to understand the general idea of animals sent by mail. It is common practice. “They sent me a list of things […]
