Law tax

DeSantis signs into law ‘holiday’ tax for gas, schools, hurricanes, – Orlando Sentinel

TALLAHASSEE — A sales tax “holiday” on things like school clothing, hurricane supplies and tools and a state gasoline tax suspension in October topped a package signed Friday by Governor Ron DeSantis. The measure (HB 7071), passed by the Legislature in March, will reduce state and local revenue by $804.3 million in the coming fiscal […]

Law tax

Governor signs Wyoming’s new nuclear regulations into law; tax exemptions for the use of domestic uranium begin in 2035

CASPER, Wyo.– On Monday, Wyoming Governor Mark Gordon signed legislation changing the state’s nuclear power and storage regulations. Act of registration at home 59 includes a variety of provisions related to nuclear power generation and nuclear waste storage as the state works to establish a regulatory framework in anticipation of TerraPower’s planned construction of a […]

Law tax

Bill – Code of tax benefits

Parliament has approved the draft law on the tax benefits code (the “law”), which aims to bring together in a single act all the tax benefits existing in Angola, their rules and conditions. Repeal of tax benefit rules Certain laws granting tax advantages will be partially repealed when this law comes into force, in particular: […]

Law tax

Indirect Tax Newsletter – June 2021 – Regulatory Updates – GST Act – Taxation

To print this article, all you need to do is be registered or log in to Mondaq.com. REGULATORY UPDATES GST LAW NOTICE Notification n° 16/2021 – CT, of 01.06.2021. The CBIC has named 01.06.2021 from which Article 50 of the CGST Law of 2017, which imposes the payment of interest on net liabilities in […]

Law tax

Rada misses December vote on tax code for Ukrainian gambling law – Reuters

Reading time: 2 minutes The Verkhovna Rada missed its last opportunity to vote on the fiscal framework required to complete the pending technical provisions of Ukraine’s gambling law. Closing its hearings on Friday, December 17, the Rada did not vote on Bill 2713 – a proposal supported by Ukraine’s finance committee that finalizes the fiscal […]

Law tax

Tax proposal on the start-up law in Spain: details and analysis

Three years after its initial announcement, the Spanish government gave the green light to the “start-up law” and forwarded it to parliament. The bill that could be approved by mid-2022 is part of the reform package that Spain and the European Commission have agreed to in order for Spain to receive stimulus funds from the […]

Law tax

Indirect Taxation Newsletter – June 2021 – Regulatory News – Customs Law – Taxation

India: Indirect Taxation Newsletter – June 2021 – Regulatory News – Customs Law December 14, 2021 RSA Legal Solutions To print this article, simply register or connect to Mondaq.com. OPINION Notification n ° 31/2021 – Cus, of 05.31.2021.The CBIC has extended the exemption from customs duties up to 08/31.2021 on the importation of Amphotericin B. […]

Law tax

Indirect Taxation Newsletter – June 2021 – Regulatory News – GST Law – Taxation

To print this article, simply register or connect to Mondaq.com. REGULATORY UPDATES GST ACT OPINION Notification n ° 16/2021 – MOT, dated 01.06.2021. The CBIC appointed 01.06.2021 on which article 50 of the CGST law of 2017, which imposes the payment of interest on the net debt in cash, will come into force with retroactive […]

Law tax

Law School Tax Clinic Receives $100,000 Grant – The Source

The Clinic for Low Income Taxpayersone of 11 legal clinics at Washington University School of Law in St. Louis, recently received a $100,000 grant for 2022 from the Taxpayer Advocate Service, an independent arm of the Internal Revenue Service. This is the maximum grant awarded under the program and […]

Law tax

M&A demand fuels side companies as tax partners of major laws

Three large law firms with active mergers and acquisitions practices filled up with tax partners this week, a move driven largely by high demand within their transactional practices, according to firm executives. In Chicago, Greenberg Traurig joined former Kirkland & Ellis tax partner Jeffrey Ekeberg, who joined Greenberg’s Chicago office as a partner. Dechert added […]

Law tax

European Union law, tax offenses and subsequent money laundering

Nicola Sharp of Rahman Ravelli details a case which confirms that EU law cannot prevent tax offenders from being prosecuted for money laundering. In a ruling, the European Court of Justice (ECJ) said European Union law does not prevent authorities from accusing tax offenders of subsequent laundering of their illegal earnings. The publication of the […]

Law tax

[Webinar] Freeman Law Tax Court Review Course: Introduction to the Tax Court: Jurisdiction, Procedure and Overview – September 2, 6:00 PM – 8:00 PM CT | Free human rights

September 2, 2021 6:00 p.m. – 8:00 p.m. CST This program is the first of Freeman Law’s multi-class course designed to prepare CPAs and registered agents for the Tax Court Entrance Examination. Attendees will receive an overview of the Tax Court and learn more about the jurisdiction and procedure of the Tax Court. Our course […]

Law tax

Government introduces bill in LS to remove retrospective tax law, tax demand against Vodafone, Cairn to be withdrawn

Representation image Highlights Finance Minister Nirmala Sitharaman presented the Tax Laws (Amendment) Bill 2021 to Lok Sabha The bill seeks to withdraw tax claims made on the indirect transfer of Indian assets before May 28, 2012. This is an important government move at a time when most international investors are considering investing in India, Pranav […]

Law tax

Luxembourg further improves the flexibility and attractiveness of its law on securitization – Taxation

To print this article, all you need to do is be registered or log in to Mondaq.com. OUR OUTLOOK AT A GLANCE Bill n° 7825 presented to Parliament on 21 May 2021 and amending the law on securitization aims to further improve the flexibility and attractiveness of the (already very successful) Luxembourg framework for […]

Law tax

Whitmer signs drink-to-go law and tax cuts on take-out cocktails

Click to enlarge Michigan State Governor Whitmer will be signing invoices, making it easier for distillers and retailers to distribute and sell blended spirit drinks. Governor Gretchen Whitmer on Monday signed several bills to facilitate the distribution of mixed spirits. “This is a great example of bipartisan legislation that will create jobs and help our […]

Law tax

Revised Tax Penalties for Various Defaults Under UAE VAT Law – Taxation

United Arab Emirates: Revised tax penalties for various defaults under UAE VAT law May 12, 2021 Nexdigm Private Limited To print this article, simply register or connect to Mondaq.com. The Cabinet of Ministers (CoM) gave a wonderful gift to UAE businesses on the occasion of Ramadan Eid by issuing Decision No. 49/2021 (new resolution) amending […]

Law tax

Wisconsin to Comply with Most Stimulus Bill Tax Changes

Wisconsin on Wednesday passed omnibus legislation to combat the Covid-19 pandemic, including language that brings the state’s tax code into line with several features of federal coronavirus response law. Governor Tony Evers (R) signed AB 1038 shortly after it passed the Senate, saying in a statement that it was “finally a step in the right […]