Recent taxation cases. Feb 17, 2021 · 17.

Recent taxation cases 70 Cr and claimed deduction of Rs. Despite the COVID-19 pandemic, the Year 2020 has been busy for the Courts and Tribunals. 222476, May 05, 2021 ] COMMISSIONER OF INTERNAL REVENUE, PETITIONER, VS. Dev. In 1861, Congress and President Abraham Lincoln imposed a 3 percent tax on annual incomes over $800 to finance the Union war effort. Recent Developments in International Tax Law: Cases Decided . The case involved two exclusive bottling agreements involving PepsiCo and Stokely-Van Camp (SVC), both US-resident companies. 1567 Media, LLC v New York City Dept. section 165 has historically allowed taxpayers to deduct three types of losses: those incurred in a trade or business, those incurred in a transaction entered into for profit, or losses arising from other causes, such as theft. October. When you enter a Docket Number that matches a case in the system, that case will display. Raimondo and Corner Post v. 37. To search by Judge: Enter a specific Judge’s name. Memo. Section 4(a) and Section 60, Income Tax Act 1967. The defendants in these cases committed millions of dollars in fraudulent activity, duped investors into believing they were going to strike it rich and tried to funnel money to terrorist organizations. Article One 5 days ago · Recent Decisions From the New Jersey Tax Court MATRIX BORDENTOWN, LOT 2, LLC V. Dec 5, 2023 · It is a case that has tax law specialists both gobsmacked and alarmed. 268A : Appeal-Instructions-Circulars-Monetary limits-Revision-Penalty- Concealment penalty-Monetary limit is also applicable to proceedings under section 263 of the Act-The CIT u/s. 263 of the Income-tax Act directed the AO to initiate a penalty for concealment, which was not originally initiated in the assessment order-Tribunal set aside the order of the Commissioner-On 6 days ago · In this case, the taxpayer claimed that it made a loss of $1,491,309,000 from a financial arrangement, which was deductible under the taxation of financial arrangement rules in s 230-15(2) of Income Tax Assessment Act 1997, when the asserted financial arrangement ceased in the financial year ended 30 June 2013. 226680, 30 August 2022) RECENT TAX CASES Date Venue Event Code 20 Jan 2014 Traders Hotel, Penang WS/013 23 Jan 2014 Seri Pacific Hotel, Kuala Lumpur WS/014 20 Feb 2014 Ramada Plaza Malacca WS/016 27 Feb 2014 Impiana Hotel, Ipoh WS/015 17 March 2014 Sutera Harbour, Kota Kinabalu WS/018 19 March 2014 Four Points Sheraton, Kuching WS/019 Time: 9. Based in Washington, D. The writ petition was filed by the petitioner, Commissioner of Income Tax, challenging the rejection of resolution professionals. IV-555 first step should be to ascertain where in the scheme of the treaty, the relevant tax falls and then to consider whether the tax can be imposed in accordance with the other obligations8. 00am to 5. To search by date: The default is all dates, but you may also choose a custom range of dates. Tax Court is a federal trial court created by Section 7441 of Title 26 of the United States Code under Article I of the Constitution. G(M) case: Sales tax refund is available despite minor errors. Table of Contents Jul 23, 2023 · can you send 2 cases verdict where government circle rate and purchase rate was different . Dolan v. No. irs. In order to move to a new system, the idea was that a one-time transition tax, at a low rate, was needed. Government to income tax on the basis that the land is a trading stock of the taxpayer andhence the profitfromsuchdisposal falls withinthe scopeof businessincome. Commissioner Of Internal Revenue, T. The list for the year 2021 is given below. Fund Corp. For example, two years ago, in Kennedy v. Through this write-up, let us analyze key income tax judgments from the income tax appellate tribunal, the high court, and the Supreme Court. v. The Supreme Court of the United States has heard numerous cases in the area of tax law. During this term, some important tax decisions were handed down. S. During her 2020 presidential campaign, Sen. Three recent court cases touch on issues that often face clients. Understand legal precedents and navigate tax law confidently. Tax administration: Rule 31 statement be struck out on the basis that it introduces an impermissible new ground of assessment in the appeal. It explains how cases would be decided today and takes into account important recent Jan 10, 2025 · Jan. You may, but do not have to, include the letter suffix (S, L, SL, R, X, D, or P) of the Docket Number to find a case. ITAT relies New Skies Satellites (Delhi HC) to hold that the statutory amendment cannot override the treaty provisions. Dec 30, 2022 · Section 45(4) of Income Tax Act applicable to cases of subsisting partners of a partnership transferring the assets in favour of a retiring partner. 24-906 (9th Cir. These cases include the agency's most prominent and high-profile Get more updates on the latest tax cases and gain valuable insights to optimize your tax strategy in India. Clayton man pleads guilty to COVID-19 assistance fraud, aggravated identity theft, and Mar 4, 1992 · 770 770 ALLIED-SIGNAL, INC. XYZ CC v Commissioner for the South African Revenue Service : Whether the Commissioner was correct in disallowing the taxpayer's notional input tax claim based on the fact that the transaction giving rise to the claim was a scheme as contemplated by section 73 of the Value-Added Tax Act, No 89 of 1991 (VAT Case 616) [2007] ZATC 7; 70 SATC 106 which was part of its new hospital building qualified for investment tax allowance(ITA) and industrialbuilding allowance(IBA). 7 From 2002 to To search for a case by Docket Number, you must include the dash in the Docket Number (e. Internal Revenue Service resolved a pedestrian estate-tax problem for closely held corporations. 2022-57, is not the first Tax Court case in which the taxpayer argued with the IRS over whether the real estate was an investment versus held in the ordinary course of a trade or business. of Irvington/Crown Real Estate Holdings, Inc. The prohibition hasn’t stopped every case, and New Jersey’s appellate judges have ruled on the issue, too, though none of those rulings have so far set precedent. -A taxpayer created by gift two identical irrevocable trusts. Commissioner of IRS PDF: Decision regarding individual's claim of exemption from federal income tax liability. of Taxation & Fin. 7-2 Supreme Court Upholds Mandatory Repatriation Tax In Moore. 130 West 42nd Street, New York, NY 10036. Tax cases receive more media attention each year reflecting public concern about appropriate action being taken when taxpayers break the law. • The scope of Article 13(2) of the Federal Constitution is confined to determining the John Doe Creative Work 24 Jul . By Paul Caron. Anita K. As the year draws to an end, and in a reflective mood, we look back at the most notable cases over the last twelve months. RECENT CASES Taxation-Contingent Remainder Subject to the Federal Gift Tax-[Federal]. Commissioner of Income Tax and Anr. 2005-06 and 2006-07? Dec 3, 2024 · In a recent case, the Delhi High Court closed a writ petition due to a process for resolving corporate insolvencies pending before the National Company Law Tribunal. XYZ CC v Commissioner for the South African Revenue Service : Whether the Commissioner was correct in disallowing the taxpayer's notional input tax claim based on the fact that the transaction giving rise to the claim was a scheme as contemplated by section 73 of the Value-Added Tax Act, No 89 of 1991 (VAT Case 616) [2007] ZATC 7; 70 SATC 106 We would like to show you a description here but the site won’t allow us. PANDA, ACCOUNTANT MEMBER ITA. Pepsi Foods Ltd. Nov 6, 2024 · The net result for tax cases is that the court now decides the best interpretation of a contested statute and not the IRS. It is updated on a rolling monthly basis. United States Tax Court cases Nov 6, 2024 · The net result for tax cases is that the court now decides the best interpretation of a contested statute and not the IRS. Freeman Law takes a closer look at the top 10 Tax Court cases of 2020. e. In that piece, we noted that we expected a decision in February 2024 in the Zelinsky case, in which the petitioner was making similar arguments about the application of the convenience rule during COVID. Jun 2, 2021 · The justices identified three key aspects to support their repudiation of the IRS' claim: 1) the Notice imposes affirmative reporting requirements that are separate from the tax penalty for noncompliance, 2) the relationship between the lawsuit to invalidate the Notice and the restraint on tax assessment was too attenuated for application of Jan 26, 2024 · As I write this missive, we have entered the year 2024, which marks a new beginning for everyone. Alaska Chiropractic Society, et al v. Mansukh Dyeing and Jun 22, 2023 · The Bureau of Internal Revenue yesterday filed tax evasion charges against three businesses after discovering that the firms bought fake receipts from syndicates, resulting in P17. Dec 5, 2023 · A tax fight with big stakes . /2021 Assessment Year 2017-2018 Mr. Syllabus. 4 days ago · PHONE: 800-955-2444 CONNECT: Tax Analysts is a tax publisher and does not provide tax advice or preparation services. Dec 1, 2022 · Musselwhite, T. HMRC to issue new Dec 22, 2021 · 2021 marked another busy year for the world of tax disputes, and no doubt 2022 will be just as eventful. The ruling will impact around 90,000 taxpayers by settling numerous disputes and reaffirm the legislative over executive ordinances, leading to significant repercussions for both individuals and businesses. purchase rate was 19 lac less than circle rate . However, there is little discussion of the underlying tax base, which can have as much, or greater, impact on the overall level of UK corporate taxation. 7 million, comprising a principal tax liability of $47. Meanwhile, two state petitions seek the court’s eye on the constitutionality of Washington state’s new tax on capital gains and a Michigan tax sale statute. 5 Tax cases in the courts William Young J gave figures that showed that from 1993 to 2002, substantive taxation cases dealt with in the Taxation Review Authority averaged some 48 cases per year. ITAT observed that Indo-Germany DTAA which provides for the lower tax rate of 10% on dividend predates the introduction of DDT in 1997. Supreme Court decisions—Loper Bright Enterprises v. 6 %âãÏÓ 2645 0 obj >stream hÞ”Zko · ý+û±ý ‰ÃÇÌ ØN §N›ÀV> ¡Ø7Ž[W2ä þ÷=C ÷Z } °Ìå%9 C ç2eÈeE r„â„Ÿ¢d™ð/Šê”!W 2CŽ G†\­a*˜"@÷ P ¦ Ê ¨H J dàoÐÑ©Z²º Ä ’’b¼©€:CN®y2è d0ä «C Ci† bªC tÍdõ„ àAy&-“ Vg”ÐK j‚± ª'«ƒ24L y |(ä W *«C ƒ £Ðì ‘Y`,P‘ÅêF ŒbT*&ƒÊ¹‚$ˆÎ T «G”ø¯&P ;BõBV U0øT This eighth edition of our Case Summaries, contains the Tax Appeals Tribunal’s determination on the issue. The cases include the agency’s most prominent and high-profile investigations of the past year. Facts of the Case FIRS assessed Theodak Nigeria Limited, a company engaged in the letting of office premises, to tax by deeming the value of the company’s property as its turnover and then deemed 20 percent of the value as the taxable profit on which the tax rate of 30 percent was applied to determine the tax payable relying on You can search for tribunal judgments and decisions on cases heard by the First-tier Tribunal (Tax Chamber) and Upper Tribunal (Tax and Chancery Chamber). Nov 22, 2021 · A recent Tax Court Case, Smaldino V. No. The CBDT has issued this directive under Section 119 of the Income-tax Act, 1961, to ensure pending work is completed before the financial year ends. K. 1185/Del. Luckina. However, two things stand out about this case — the first is that it was an ordinary loss recast into a capital loss. Minto Road, New Delhi Jun 1, 2021 · Recent cases This article provides a summary of tax judgments from the Federal Court, the Full Federal Court and the High Court from January 2020 to the end of You can search for Tax Disputes decisions online by using the New Zealand Legal Information Institute (NZLII) database. From 1998 to 2006, he was a Tax Auditor with the Division of Taxation. 6 Over the same period, the High Court dealt with some 20 substantive cases a year. Citation: [2021] 126 taxmann. CASE TITLE. This seminal publication from PwC’s Tax Controversy & Dispute Resolution Team aims to bring businesses and taxpayers up to date with landmark tax decisions. The tracker is split into three parts: • Analysis Of Recent Tax Cases. SF case: nature of land is not determined We are delighted to share insights from recent tax cases from the Tax Appeal Tribunals and Courts in Kenya, Nigeria and South Africa. Atish Singla, The Income Tax Officer, 201, Rajdhani Enclave, Ward - 43 (7), Pritampura, Civic Centre, vs. Dec 28, 2024 · In this case, a bench comprising Justices BR Gavai and KV Viswanathan quashed a criminal case registered against HDFC Bank Ltd. vs Jan 22, 2025 · The South African Institute of Chartered Accountants (SAICA) is the foremost accountancy body in South Africa and one of the leading Institutes in the world. D E C I S I O N. The stipulated factual record in this case makes clear that, under this Court's precedents, New Jersey was not permitted to include the gain realized on the sale of Bendix's ASARCO stock in its apportionable tax base. I. gov. Latest case Previous case SECTION. Godrej Sara Lee Ltd. real property transfer tax – the administrative law judge determination concluding that the transfer of two legally separate two-family houses was to be treated as the transfer of a four-family house for the purpose of determining the applicable tax rate on the transfer, and No. This case underscores the st Decision regarding fuel excise tax. even though purchase was made from the overseas income. , 123-18). Note: the default is all Judges. 20. This case is significant since it adds to the conservative Supreme Court's recent string of decisions expanding religious freedoms. 9 billion in High Court of Delhi at New Delhi COMMISSIONER VAT TRADE AND TAXED DEPARTMENT VS. Tax Journal subscribers have unrestricted access to the full archive, covering hundreds of cases. United States may appear to center on a request for a $14,729 Jul 22, 2024 · In June, the Federal Court of Australia’s full court ruled in favour of PepsiCo against the Australian Taxation Office in a case concerning royalty withholding tax stemming from intellectual property. J. You can filter with dates, party’s name and judge’s name. Oct 23, 2024 · This article discusses the potential impact of two recent U. GESMUNDO, C. ” The recent ruling of the Tax Appeal Tribunal appears to not exactly favour both parties in the matter. com 354 (Kerala)] In the given case the petitioner while under the original registration, filed an application for a fresh GST registration opting for composition scheme. /its officials for violating notice issued by the Income Tax Dec 29, 2022 · This article highlights the top 20 rulings of the year, offering concise summaries of each case and their broader implications. g. Oral arguments are to begin on Tuesday at the Supreme Court in a tax case with a lot at stake. jurisdictions outside of South Africa. Tax Appeals Tribunal (2022;NY Slip Op. The Case Summaries also discusses various VAT related issues such as the applicability of VAT on staff secondment and whether relief on taxes paid prior to registration can be refunded in cash together with disputes on the East Africa Dec 12, 2023 · IRS Criminal Investigation is counting down the agency’s top 10 cases for 2023. Minister of Finance (BC), 2023 BCSC 2133, provided guidance on when a communication constitutes an objection under section 19 of the Property Transfer Tax Act,… Mar 12, 2025 · Each week we report the tax cases that matter. Jan 23, 2025 · A case is point is a new federal indictment that charges seven individuals with operating a multi-state conspiracy to defraud the United States of more than $600 million via filing more than 8,000 Dec 12, 2022 · The case (No 838/DEL/2021) involved Olympus Medical Systems India, a subsidiary of medical equipment supplier Olympus. OF TAXATION. To search opinions by Case title or Petitioner name: Enter a specific Case title or Petitioner name to search for. Facts: Assessee filed return of income of Rs. Here are tax cases Inland Revenue has taken [ G. Jan 5, 2022 · Editorial Team. v Town of Johnsburg; November. Hous. Mar 17, 2025 · Federal Court Finds Louisiana Tax Return Preparer in Contempt and Orders Disgorgement of Ill-Gotten Fees and Litigation Costs as Sanctions March 17, 2025 Press Release IR has more than 90 cases before the courts as of the end of June and sentences have been handed down over recent months for tax evasion and other offences. Case Details: DCIT v. Larsen & Toubro Ltd. DATE ISSUED. Also the ICLR published case law series including: Weekly Law Reports (WLR), Business Law Reports, The Public and Third Sector Reports, and Industrial Cases Reports. Labore blanditiis sint nemo pariatur at ea nulla quibusdam architecto vero doloremque placeat necessitatibus ratione, perspiciatis omnis molestiae totam earum laborum officia? Dec 11, 2023 · Cases include tax, cryptocurrency and COVID fraud schemes. Aug 8, 2006 · The U. In Civil Appeal No. Sukhsagar Syal Download 18th April, 2022 International Taxation Study Circle Meeting Taxation of Aug 21, 2018 · June 21, 2024 in New Cases, Tax, Tax Daily, Tax News | Permalink. Jun 6, 2024 · Justice Clarence Thomas’s opinion for a unanimous court on Thursday in Connelly v. The case presented a routine estate-planning device for those corporations, which commonly purchase life insurance polic. Feb 17, 2021 · 17. The claimants contended that the coronavirus support scheme for self-employed workers discriminated indirectly against self-employed women who had recently taken maternity Recent Case Laws Judgements Orders, Addition of cash found during the search - whether Tribunal misdirected itself by sustaining the addition without giving a clear finding that the said amount was separate different from the amount(s) declared by the Appellant in his returns for A. Latest Income Tax a procedural issue will resolve the case). ” Another case involves the issue of unforeseen circumstances as an exception to the two-year ownership and usage requirement for the principal residence gain exclusion This page features a selection of recent cases of potential interest to our members and subscribers, as well as news updates from the Association. 1. DIRECTOR, DIVISION OF TAXATION Date: March 25, 2025 Docket Number: 13007-19 William E. 14218 (judgment delivered on 9 March 2018), the court held that the originating cause or source of the disputed income was the contract of employment (entered into in South Africa), and not the place where the services were physically rendered i. Y. 3 days ago · State Tax Cases Docketed Lists State Tax Cases Docketed State Tax Cases Docketed PDF - March 27, 2025; State Tax Cases Docketed XLSX - March 27, 2025 Aug 6, 2022 · Recent Case Laws in International Taxation Sukhsagar Syal, Advocate 8th June, 2022 [CA, LLB, DIIT (ICAI)] The Chamber of Tax Consultants . In the IMG (UK) Ltd. Mar 1, 2024 · This semiannual update surveys recent federal tax developments involving individuals. reported in (2022) 3 SCC 321 Such document cannot be considered as tax clearance as it does not clearly state that the taxpayer has no pending tax liabilities, but merely verifies and checks the status of the taxpayer (e. Oct 3, 2024 · The Supreme Court's latest verdict clarified the clash between old and new tax reassessment laws effective from April 1, 2021. Bon appétit! May 27, 2021 · Controversies between taxpayers and tax authorities are virtually inevitable. Supreme Court concluded its 2020-2021 term, with two final decisions announced on July 1, 2021. com. %PDF-1. A. Board of Governors of the Federal Reserve System TNB case: Availability of judicial review in tax cases Sovereign Teamwork case: Are Bumiputra quote release fee tax deductible? HHD case: Availability of stay order in tax cases. new york city tax appeals tribunal appeals division. , the court's presidentially appointed judges travel across the country to conduct trials. George vs. R. Thursday, June 20, 2024. Matter of Maidenbaum & Sternberg, LLP v New York State Dept. Some of the income tax latest case laws and latest income tax judgements in India delivered by the Indian judiciary of Tribunal in this year 2019 are compiled and curated by our team as follows. Feb 20, 2025 · IBFD has three searchable case law collections: 1) national court decisions involving tax treaty interpretation, 2) national court decisions involving other tax-related matters, and 3) tax decisions issued by the Court of Justice of the EU. This tax tracker tool displays the current status and most recent developments of direct tax cases being heard by the Upper Tribunal (UT), the Court of Appeal, the Court of Session, the Supreme Court and the EU Court of Justice as at 21 March 2025. Mahdevan and Justice Mohammed Shaffiq, while upholding the order passed by the single judge, held that since the penalty was reduced from 300% to 100% of the tax sought to Jan 5, 2022 · Every year we bring the list of top 25 cases reported at taxmann. Feb 11, 2025 · Official Law Reports series: Appeal Cases, Chancery (Ch), Queen's Bench (QB) and King's Bench (KB), Family report series. Mar 31, 2021 · The Supreme Court, in a long line of cases, has consistently interpreted the 120+30-day period in refund or tax credit cases, pursuant to Section 112(C) of the Tax Code, as both mandatory and jurisdictional. South Africa: Tax Court Database last updated: 17 March 2025 Most recent decision: 6 February 2025 Number of decisions: 249 We would like to show you a description here but the site won’t allow us. Mark D. In our view, the judgement has upheld the principles of Hong Kong’s territorial tax regime and reaffirmed the proper test for determining the source of profits as established by case law. ai Author: cread Created Date: 12/13/2018 9:30:26 AM Jul 22, 2022 · In a notable decision, on June 30, the New York Supreme Court Appellate Division held that a vacation home owned in upstate New York did not qualify as a "permanent place of abode" and so did not trigger statutory residency for the petitioners in New York State. WASHINGTON — IRS Criminal Investigation (CI) will count down the agency's top 10 cases for calendar year 2023 on its X and LinkedIn accounts beginning Dec. Oct 25, 2023 · Issue: Whether Revenue can challenge before the high court that only form 3CM was submitted and form 3CL was not submitted during the assessment proceedings. As a result, the Court will consider whether a relatively new tax—the "mandatory Landmark International Tax Cases decided by Indian Judiciary - Summary IV-523 Minister set up the Shome Committee to engage with stakeholders and examine the implications of the new rule to tax indirect share transfers, and the Committee report which came out in the first week of October spoke out strongly against the retrospective application of Oct 6, 2023 · in the matter of patrick mccauley tat(e)20-8(rp) – decision. 2. 21 December 2022: 2022/12: Tax Administration Act, 2011 Dec 15, 2023 · The federal ruling has already touched New Jersey courts, which in July suspended final judgements in tax sale cases pending a review of the precedent created by Tyler. The Tax Court resolves disputes between taxpayers and the Internal Revenue Service (IRS). Note: eCourts does require that a Complaint document be uploaded for both a New and a Refile case. The audit led to an assessment being issued by the tax authority. Moore v Jul 30, 2021 · On June 30, 2021, the U. : Before the Court is a petition for review on certiorari filed under Rule 45 of the Rules of Court seeking the reversal of the August 11, 2015 Decision1 and January 19, 2016 Resolution2 of the Court of Tax Appeals (CTA) En Banc in CTA EB A recent Tax Court case dealt with a familiar topic: Theft losses. tax court rules; guidance for petitioners; search (case, order, opinion, practitioner) dawson (efiling system) case related forms; give feedback; opinions & orders. To access this content, click on the + sign next to the heading Case Law to display the menu. YUMEX PHILIPPINES CORPORATION, RESPONDENT. INTERNATIONAL TRAVEL HOUSE LTD. Tax Preparer’s Double Filing Fraud (Miami) A tax preparer, Juan Mendiet - (a) In the case of a false or fraudulent return with intent to evade tax or of failure to file a return, the tax may be assessed, or a proceeding in court for the collection of such tax may be filed without assessment, at any time within ten (10) years after the discovery of the falsity, fraud or omission: Provided, That in a fraud assessment Income Tax Appellate Tribunal - Delhi Atish Singla, New Delhi vs Ito, Ward-43(7), New Delhi on 6 April, 2022 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES "SMC" : DELHI BEFORE SHRI R. Mar 22, 2023 · Case Number: Applicable Legislation: Keywords: 29 December 2022: IT 45997: Tax Administration Act, 2011. Below we provide the highlights of recent cases of the US Internal Revenue Service (IRS). Luckina has been appointed an Administrative Law Judge with the Division of Tax Appeals. Residence and Source Tax Court Cases. Dec 16, 2024 · Why this tax case matters. In the case of trading profits, the place(s) where the purchase and sale contracts are effected remain to be the determining factor of the source of the Jun 20, 2024 · Moore was widely viewed as a stalking horse for an attack on wealth taxes. Excise and Taxation Officer Cum Assessing Authority, 2023 LiveLaw (SC) 70: AIR 2023 SC 781 Income Tax Offices across India will remain operational on March 29, 30, and 31, 2025, even though these days are holidays. Sep 9, 2024 · Summary: Recent High Court rulings offer crucial insights into income tax issues. Composition scheme opted vide new registration can’t be denied on delay in processing of previous applications [Loafers Corner Café v. Further to the above, in the recent Income Tax Case No. Commissioner of Income Tax v. Law › Case Law › New Jersey Case Law › New Jersey Tax Court Decisions › 2021 New Jersey Tax Court Decisions 2021 New West Developers, LLC v Twp. India’s Income Tax Department – the tax authority – conducted a transfer pricing audit after the company reported financial losses between 2012 and 2013. Further, the term under consideration must be given a meaning that is congruent with May 6, 2015 · Event Date Subject Topic Contributor/Speaker Icon 19th April, 2023 Webinar on Recent Amendment to the International Taxation Recent Amendment to the International Taxation CA Bhaumik Goda Download 8th June, 2022 International Taxation Study Circle Meeting Recent International Tax Case Laws Adv. NZLII database will open up in a new window with a list of decisions. of Fin. C. [Matter of Obus v. 8 million, while interest and penalty amounted to $87. 11. In this publication you will find some insights from recent tax cases from the Tax Appeal Tribunals and Courts in Kenya, Nigeria and South Africa. 1125). Bombay High Court: S. Mar 18, 2025 · Australian taxation law cases 2023 : a guide to the leading cases for business, commerce and law students by Kerrie Sadiq The 2023 edition of Australian Taxation Law Cases is a feature-packed resource that includes key new cases and revisions of the commentary. 2021-127, November 10, 2021 has lots of important lessons on how to do an estate plan properly. •No facts in dispute as the IRB’switness also confirmed during the hearing that the multi-storey car park is an industrial building. 1125 (R. Judge Jack received a Bachelor of Business Administration (Accounting) degree from Baruch College and his Juris Doctor from New York Law School. 12 Cr under Section 35(2AB) for R&D facility which was subjected to assessment wherein the said claim was allowed, PCIT initiated proceedings under Jul 19, 2023 · In the second case, Supreme Court decided that the Danish company (also unnamed) was obliged to pay withholding tax of DKK817 million ($123 million) on interest paid to Luxembourg holding companies between 2006 and 2008. Nov 9, 2023 · MTN’s objection to this amount resulted in an upward review to $135. Dec 27, 2024 · In this Special Leave Petition ( SLP ) filed by the Income tax department, the Supreme Court stated that “During the course of submissions, we realised that this petition is covered by the judgment of this Court in Engineering Analysis Centre of Excellence Private Limited vs. Capital expenditure incurred for all the other parts of the hospital building Feb 4, 2024 · The bench of Justice R. ISSUE: The issue in the case pertains to the claim of the appellant to the applicability of the Delhi Value Added Tax Act, 2004 (“DVATAct”)to the transaction in question which was of hiring of Maruti Search Income Tax, Direct Tax, Case Laws, Judgment, Acts, Rules, Articles, Queries, Forms, IT Returns, Section, Statutes , Circular, Press Release, Notifications This volume features cases on assessment of tax and customs duty under tax and customs laws. Oct 15, 2024 · This case focused on the validity of discovery assessments issued by HMRC to Mr Lowe relating to the 2017-18 to 2020-21 tax years. concerned was an N. Jul 19, 2021 · Recent Tax Court Cases on Common Issues. CIT case, services provided to BCCI were classified as Fee for Technical Services (FTS) under the India-UK DTAA, making the income taxable in India. It highlights the interpretation of the law by the courts on the provisions relating to tax assessment. 00pm You can search for tribunal judgments and decisions on cases heard by the First-tier Tribunal (Tax Chamber) on the Find Case Law website (external link) which includes decisions from May 2022 and some older decisions (between April 2019 – April 2022). United States. This is an incomplete list of those cases. 10, 2025 — IRS Criminal Investigation (IRS-CI) unveiled its top 10 cases of 2024 on Friday. Decisions pre-May 2022 can be […] Feb 3, 2025 · Being informed about recent global tax fraud cases can help accountants and business owners avoid pitfalls and ensure compliance. Several significant rulings were delivered on International Taxation and Transfer Pricing matters, including the Supreme Court’s landmark ruling on the treatment of sum received on the sale of software. Feb 3, 2025 · A recent decision from the British Columbia Supreme Court (“BCSC”), AF2G Investments Inc. v Twp. Learning from decided cases and the trend in dispute resolution is critical for all key stakeholders. The Supreme Court held that the transaction was not liable to service tax as it was a deemed sale of goods and not a provision of service. You can subscribe below to stay up to date with new posts. I. of Irvington Date: December 27, 2021 Docket Numbers: 14704-2013, 010653-2014, 009474-2015, 014706-2013, 010648-2014, 009475 The Court of Tax Appeals (CTA) was created on June 16, 1954, through the enactment of Republic Act No. after more than six year income tax issued notice assuming difference amount as income from other source and ordered to pay income tax with interest and penalty. It summarizes notable cases, rulings, and guidance on a variety of topics issued during the six months ending October 2023. Dec 12, 2023 · Last month, (((we wrote about a recent ALJ Order))) dealing with New York’s application of the convenience rule to a situation where a taxpayer’s New York office was closed during COVID. When using eCourts to enter a New Tax Court Appeal case, eCourts will automatically generate the Case Information Statement (CIS); therefore, you will not need to upload a CIS. In both cases this was because the reorganised holding companies were ruled not to be the beneficial owners of the interest. 10 of 2018: Commissioner of Domestic Taxes Vs Ocean Freight (East Africa) Limited [2020] eKLR, the Court held Jan 16, 2024 · Further clarification on the proper tax treatment of cross-border services in view of the Supreme Court Decision in the case of Aces Philippines Cellular Satellite Corporation versus Commissioner of Internal Revenue (G. Union of India [2020] 121 taxmann. Jun 15, 2021 · Pinning down whether an activity is a trade or business for tax purposes, whether a tax penalty should be waived for reasonable cause, or the eternal question of when income is recognized for tax purposes — these issues arise often, and CPAs can benefit from being familiar with the judicial doctrines governing them. of eliminatingdouble taxation, do not bar the application of tax treaties to DDT. CATEGORY. We’ll start with some neat little cases on interesting technical points; work through the complex main course of heavy VAT and direct taxes cases; and still manage to find room for a trio of desserts released in the past couple of weeks. com 69 (SC) Dec 13, 2023 · Join us at our Christmas table: our fiscal feast of the Top 10 Tax Cases of 2023. The contribution of the judiciary including the Supreme Court and various High Courts and Tribunals has always been significant. The 2020 year was . For the Moores 1 day ago · This article examines the recent Ninth Circuit Court of Appeals decision in Kristopher Dreyer v. Some people may receive unsolicited phone calls, emails, or other communications from individuals fraudulently claiming to be from the Tax Court, the Internal Revenue Service (IRS), or Federal government agencies and demanding immediate payment by money order, gift card, debit card, or other means to settle a tax debt. Date: December 11, 2023. exceptional input tax credit. Aug 2, 2016 · December. United States PDF: Decision regarding the excise tax on wagering for games conducted by permittees, not operators. One involves the tricky issue of what is a taxpayer’s “tax home. United States of America , No. . May 23, 2023 · Tax authorities should maintain discipline to follow decisions of higher authorities. Matter of Peaceful Val. Use the Jun 26, 2023 · The Supreme Court has added a new tax case to its docket for the 2023-24 term: Moore v. CIR v Black 1957 (3) SA 536 (A), 21 SATC 226 New tax requirements for foreign employers in South Africa: PAYE withholding Feb 13, 2024 · In the recent case of KEN CC v CSARS, VAT2218 (VAT) [2023] ZATC CPT, the Tax Court (Cape Town) was tasked with deciding the dispute that had arisen between KEN CC (the vendor) and SARS concerning the vendors supply of services to foreign tour operators (FTOs) incorporated outside of South Africa. Zurich Life Insurance A petition in another federal tax case deals with the timing for filing partnership petitions with the IRS. DIRECTOR, DIV. This judgment gives an overview of how the Income Tax Act (''Act'') is dynamic and subject to changes. Moore v. Whether you're a tax practitioner, a legal expert, or a taxpayer, this comprehensive overview is your gateway to understanding the key judicial developments that shaped India's direct taxation in 2024. Aug 15, 2022 · Recent political discourse has focused on whether the UK corporation tax rate, due to rise from 19% to 25% in April 2023, should be reviewed. 9 million. till 2019and List of Recent Tax Case. This tax was repealed in 1871, and the Supreme Court struck down a flat rate federal income tax in the 1890s for failing to account for the population of each state. Type any word(s) related to what you are looking for in the search box below and click search. Mr Lowe using the services of Apostle an accountancy advice business claimed additional business expenses which he had paid for personally and which had not been reimbursed by his employer. The update was written by members of the AICPA Individual and Self-Employed Tax Technical Resource Panel. Lorem ipsum dolor sit amet, consectetur adipisicing elit. , compliance with the requirements of the BIR, filing of tax returns, existence of open cases or outstanding tax liabilities and on-going assessments). Here’s what tax practitioners should look out for this term. 28, 2025), offering a detailed analysis relevant to CPAs advising clients on trust fund recovery penalty (TFRP) matters. Elizabeth Warren (D-MA) proposed a 2 percent tax on all the accumulated wealth We would like to show you a description here but the site won’t allow us. 04206)] The case presents Dec 6, 2022 · A Manhattan jury has found two Trump Organization companies guilty on multiple charges of criminal tax fraud and falsifying business records connected to a 15-year scheme to defraud tax Dec 17, 2021 · Justia › U. Considering its limited jurisdiction then, it had only three (3) Judges, which at present is equivalent to one (1) Division. Jan 22, 2024 · This case involved the levy of service tax on the charges collected by the respondent for supplying pipes and measuring equipment to its customers for the distribution of natural gas. These lessons are Tennessee woman pleads guilty to COVID-19 employment tax credit scheme; Broward tax preparer arrested and charged with tax fraud; Long Island tax preparer indicted for tax and Covid loan fraud schemes resulting in losses of $12 million; March 11, 2025. Mar. Jun 30, 2023 · Footnote 94 Perhaps the most striking recent case is R (Motherhood Plan) v HM Treasury, Footnote 95 which is not squarely a tax dispute but is worth mentioning in brief. The income of each was to be paid to a life tenant, upon whose death the principal was to be distributed to the tax-payer, if she were living, and to her children and their issue, if she were dead. Title: RECENT TAX CASES 2018. Contact: newsroom@ci. Automatic vacation of stay granted by ITAT after the expiry of 365 days is unconstitutional: SC. well, interesting. wkxcum ygrth htlro trw rsalpdh jtj qgw ynjv cbjg iwhs xmlue qlsl oqylz cbwnc kqqz