Bipartisan House Vote Sends Bill Changing Cell Phone Taxation to Senate

The House April 14 passed a taxpayer assistance bill (H.R. 4994), sending the Senate a measure that would remove cell phones from listed property under tax code Section 280F, thereby eliminating…

Connecticut Offshore Amnesty Program Expected to Collect $5 Million

A Connecticut program that allowed state taxpayers with unreported income from hidden offshore accounts to come forward to participate in a voluntary disclosure agreement has…

Supreme Court Finds New York City May Not Make RICO Claims in Internet Sales Tax Case

The U.S. Supreme Court Jan. 25 found that New York City could not assert civil tax claims under the Racketeer Influenced and Corrupt Organizations Act against out-of-state vendors who allegedly sold…

Administration Will Take Close Look at Subpart F, Foreign Tax Credit, Officials Say

SAN ANTONIO—Treasury International Tax Counsel Manal Corwin Jan. 22 said the administration will take a close look at Subpart F and the foreign tax credit in the…

Fourth Circuit Rules on Corporate Officer’s Duty to Pay Federal Withholding Taxes

The U.S. Court of Appeals for the Fourth Circuit Jan. 13 found—in a 2-1 decision imposing personal liability on…

U.S. High Court Declines Tax-Related Cases, Including Appeal of Satellite TV Tax Ruling

The justices of the U.S. Supreme Court Jan. 11 declined to review four tax-related cases, including an appeal of a…