Corporate Tax Archives - Page 8 of 9 - FREE Yourself from IRS Problems

Apple Owes Ireland $15 Billion In Taxes. Ireland Doesn’t Want The Money

In late August, the European Commission ruled that Ireland must collect $14.5 billion in back taxes from Apple. The antitrust regulator for the European Union claimed that Ireland had given Apple an extremely favorable tax arrangement for over ten years…

Shamsey Oloko July 29, 2016 Corporate Tax, New York State Corporate Tax 0

State Of New York Lowers Corporate Tax Rate In 2016

In the last few years, the State of New York has attempted to make major reforms to the state’s corporate income tax system. In the spring of 2014, Governor Cuomo signed into law the state’s annual budget which contained many…

Shamsey Oloko July 8, 2016 Corporate Tax, Corporate Tax, Income Tax, News, Tax Court, Taxable Income 0

Makric Enterprises, Inc. v. Commissioner: When Tax Mistakes Are Costly

Not knowing the details of a business transaction sounds preposterous on its face, especially when the ignorant taxpayer is the party which formulated the transaction. In the case of Makric Enterprises, Inc. v. Commissioner, TC Memo 2016-44, a failure to make…