by taxPRO Websites Staff | Jul 10, 2020 | Tax Tips and News
Tax Policy – Digital Taxes, Meet Handbag Tariffs
Today the U.S. Trade Representative (USTR) announced new tariffs in response to the French digital services tax. The tariffs of 25 percent on $1.3 billion worth of trade would not go into effect until...
by taxPRO Websites Staff | Jul 10, 2020 | Tax Tips and News
Tax Policy – Non-Profit Files Lawsuit over Withholding Requirements in Ohio
On July 2, a Columbus-based non-profit, the Buckeye Institute, filed a lawsuit against the city of Columbus and state of Ohio claiming that a recently passed bill, HB197, is...
by taxPRO Websites Staff | Jul 10, 2020 | Tax Tips and News
Tax Policy – Improved Cost Recovery Is A Wide-Ranging Policy Solution
Investment comes in a variety of forms—be it private or public investments ranging from rural broadband and 5G to health care infrastructure and innovation. But not all investment is...
by taxPRO Websites Staff | Jul 10, 2020 | Tax Tips and News
Tax Policy – Peruvian “Solidarity Tax” Unlikely to Offset Deficit Spending
Due to the COVID-19 crisis, Peru has found itself with high levels of government spending that has resulted in a significant deficit. In order to offset costs, the government is...
by taxPRO Websites Staff | Jul 10, 2020 | Tax Tips and News
Tax Policy – Neutral Cost Recovery and Expensing: Frequently Asked Questions
What is cost recovery? What is depreciation? What is the tax treatment of investments in structures? What is the tax treatment of investments in machinery and equipment? What is...
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