On Budget Day, 15 September 2020, the Dutch Ministry of Finance presented its 2021 tax plan. For the proposed bills to have effect, they first must be approved by Parliament.
NYC Imposes Tax on Gain from Sale of an Intangible
On June 26, 2020, an administrative law judge in the New York City Tax Appeals Tribunal In the Matter of Mars Holdings, Inc. [TAT(H) 16-14 (GC)] held that the city
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Court Rules that Uber and Lyft Cannot Treat California Drivers as Independent Contractors
On August 10, 2020, the San Francisco Superior Court granted the State of California a preliminary injunction requiring Uber and Lyft to reclassify their drivers as employees. People of the
Protecting Your Potential Tax Refund Should the Affordable Care Act’s Individual Mandate Be Determined Unconstitutional
The U.S. Supreme Court has taken up the case of whether the Patient Protection and Affordable Care Act (ACA)’s individual mandate is unconstitutional. A decision on this issue is likely
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Barbara Kaplan Quoted in Law360 article, ‘International Tax Cases to Watch in the 2nd Half of 2020’
Greenberg Traurig Global Tax Practice Co-Chair Barbara T. Kaplan comments on FBAR (Report of Foreign Bank and Financial Accounts) penalty disputes, in an article published July 10 by Law360. Read
IRS Offers Settlement to Syndicated Conservation Easement Investors with Cases Pending in U.S. Tax Court
The IRS Office of Chief Counsel announced in Issue Number IR-2020-130 that it will be making a time-limited settlement offer to certain taxpayers with pending docketed Tax Court cases involving
IRS Issues Proposed Regulations on Excess Nonprofit Executive Compensation
Section 501(c)(3) Organization Prohibited Political Activities
Political activities of charities and other types of exempt organizations frequently rise in prominence in presidential election years. Not only is the IRS sensitive to political activities in a presidential
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Now That I Have My Paycheck Protection Program Money, What Can I Do with It?
A. The allowable uses of PPP loan funds are as follows:
- 75% of the PPP loan funds
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Employee Retention Tax Credit for Employers under the CARES Act
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which was signed into law on March 27, 2020, contains a tax credit to encourage companies to continue paying employees
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