News
South Africa Cuts Fuel Taxes as Prices Spike on Iran War Impact
2+ day, 9+ hour ago (145+ words) South Africa to Lower Fuel Tax as Gasoline Price Spike Looms (1)news.bloombergtax.com South Africa cut fuel taxes to offset the impact of surging oil prices driven by the war in Iran, with gasoline and diesel costs set for…...
Uber Is Liable for Pre-Wayfair Sales Tax, Georgia Judges Rule
11+ mon, 1+ day ago (161+ words) Uber Technologies Inc. must pay $8.92 million in sales tax on rides, after the Georgia Court of Appeals on Thursday rejected its argument that the state should have collected that amount from drivers, not the app. - State treated Uber like cab…...
Airline Accounting Issue Tied to Groundings Divides US Board
1+ week, 1+ day ago (87+ words) Airline Accounting Issue Tied to Groundings Divides US Board'news.bloombergtax.com Accounting standard-setters were split Wednesday on whether they should update rules airlines use to report payments they receive from manufacturers when planes are grounded due to equipment failure. The…...
California’s Car Sales Tax Crackdown Calls for Primary-Use Rule
2+ week, 2+ day ago (637+ words) California's recent crackdown on Montana license plated luxury cars highlights that the state vehicle tax excessively relies on paperwork instead of reflecting where cars are used. State entity agents, transport companies, and compliance services make out-of-state delivery appear legitimate on…...
FIFA 2026 World Cup Blows the Whistle on Complex Tax Risks
3+ week, 6+ day ago (295+ words) At the FIFA World Cup, players, coaches, and support staff occupy a unique employment category that defies conventional classification. Players, for instance, remain under contract with their club teams but are temporarily released to represent their national squads, typically under…...
California Tax Crackdown on Montana Plates Nets $4M, Indictments
3+ week, 6+ day ago (525+ words) California recovered $4 million in unpaid taxes and fees from thousands of car owners and dealers, and brought criminal charges against 14 people as part of a crackdown on luxury vehicles plated in Montana to evade state taxes and registration costs, officials…...
Airbnb and San Francisco Agree to Settle $120 Million Tax Claim
3+ week, 6+ day ago (100+ words) Airbnb and San Francisco Agree to Settle $120 Million Tax Claim'news.bloombergtax.com Vacation rental company Airbnb Inc. won't get the $120 million it said it was overtaxed by the city of San Francisco, according to a settlement agreement announced Thursday. The…...
With American Booze Out of Favor, Canadian Drinkers Go Local
3+ week, 6+ day ago (110+ words) With American Booze Out of Favor, Canadian Drinkers Go Local'news.bloombergtax.com Drinks tend toward the tropical at Gareth Tingling's backyard "speakeasies" on Friday afternoons'a summer tradition he and his neighbors started during the pandemic, when indoor meetings were verboten,…...
Pudgy Penguins NFT Apparel Sparks Trademark Lawsuit From Penguin
4+ week, 4+ hour ago (115+ words) Pudgy Penguins NFT Apparel Sparks Trademark Lawsuit From Penguin'news.bloombergtax.com The owner of the apparel brand Penguin told a federal court that NFT brand Pudgy Penguins Inc. is diluting its trademark by selling clothes using confusingly similar trademarks. Pudgy…...
QuikTrip’s Constitutional Fight Over Missouri City’s Tax Tossed
4+ week, 1+ day ago (94+ words) QuikTrip's Constitutional Fight Over Missouri City's Tax Tossed'news.bloombergtax.com QuikTrip Corp. can't bypass the administrative proceedings it initiated over a St. Louis suburb's tourism tax in order to get a court to declare it unconstitutional, a Missouri appeals court…...