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Tennessee Court Holds that Wide Area Network Service is a Taxable Telecommunications Service

Tennessee Court Holds that Wide Area Network Service is a Taxable Telecommunications Service

Brett Carter July 26, 2012 0

A Tennessee Trial Court has ruled that wide area network (“WAN”) services provided by IBM are taxable “telecommunication services” under Tennessee’s sales and use tax.  IBM Corporation v. Farr, Civil No. 09-2144-I (Davidson County,

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Gillette and Others $34 Million Refund Claim Gets Appellate Court Approval

Gillette and Others $34 Million Refund Claim Gets Appellate Court Approval

TaxTV Staff July 24, 2012 0

The First District Court of Appeals in San Francisco California reversed a lower court decision dismissing state income tax refund claims worth millions of dollars from multiple companies including Gillette, Kimberly-Clark, Procter-Gamble and others. 

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Congress Hears Debate on Amazon Sales Tax

Congress Hears Debate on Amazon Sales Tax

TaxTV Staff July 24, 2012 0

The U.S. House of Representatives Committee on the Judiciary heard testimony regarding the Marketplace Equity Act of 2011 (H.R. 3179), a bill that would allow states to collect sales tax from online retailers. The

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The Open Championship, A Taxing Golf Tournament

The Open Championship, A Taxing Golf Tournament

K. Sean Packard, CPA July 20, 2012 1

With the British Open…er…The Open Championship getting underway yesterday, now is a good time to review the UK’s taxation rules on non-resident athletes. Not only will the golfers in this week’s tournament be liable

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Settlements and Judgments

Settlements and Judgments

TaxTV Staff July 17, 2012 0

Top Takeaways 1: Taxation of Settlements and Judgments Depends on Award Type The US taxes all income, from whatever source, unless specifically excluded.  However, certain awards received on account of personal physical injuries or

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IRS Abusive in Over 20% of Property Seizures

IRS Abusive in Over 20% of Property Seizures

TaxTV Staff July 16, 2012 0

Most taxpayers do not hold the Internal Revenue Service (IRS) in high regard, but a recent report from the Treasury Inspector General for Tax Administration (TIGTA) may provide some validation for these feelings.  The

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