Tax Law360 provides breaking news and analysis on federal, state, and international tax law, with a focus on business enterprises. Coverage includes high-stakes litigation, government enforcement actions, and auditing issues, as well as related policy developments.
Dunkin’ Donuts’ parent company urged the Second Circuit on Friday to affirm a lower court’s dismissal of a putative class action alleging that the chain illegally charged sales tax, saying that the complainants can only take up their dispute with New York tax authorities.
Apple Inc. has claimed that the European Commission misunderstood Irish law and the role of its Irish units in developing intellectual property when the competition watchdog ordered the tech giant to pay approximately €13 billion ($14.5 billion) in back taxes, plus interest, to Ireland.
Gawker Media LLC told a Manhattan bankruptcy judge Friday that it should not have to set aside $2.5 million in potential liabilities to the IRS or $1.2 million for New York City tax collectors, arguing that it has paid the federal government in full and owes the city a maximum of $9,250.
PricewaterhouseCoopers on Friday was denied a bid to have a disparate impact claim under federal age discrimination law thrown out in a putative class action over age discrimination toward job applicants, with a California federal judge ruling a reading of U.S. Supreme Court precedent confirms job applicants may bring such claims.
Chief executives from 16 companies wrote congressional leaders Tuesday in praise of a GOP proposal to dramatically change the U.S. corporate tax code, urging the lawmakers to act boldly in rewriting it.