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LexisNexis Tax Center
LexisNexis Taxation Awards: John Whiting of PricewaterhouseCoopers Honored with Lifetime Achievement Award

John Whiting OBE of PricewaterhouseCoopers was recently awarded a lifetime achievement award at the LexisNexis Taxation Awards. Whiting, who has been with PricewaterhouseCoopers for 37 years, will retire from the firm in June and take over the tax policy...

Joseph Grant
Knight v. Commissioner Limits Investment Fee Deductibility by Trusts

In Knight v. Comm'r, 552 U.S. 181 (U.S. 2008) , t he Supreme Court settled a long-standing split of authority regarding the applicability of the 2% AGI limit to the deductibility of investment fees by trusts. Holding that the fees are commonly or...

LexisNexis Tax Center
William D. and Yen-Ling K. Rogers v. Commissioner of Internal Revenue, 2009 Tax Ct Memo Lexis 108

International airspace was not a "foreign country" for purposes of I.R.C. § 911, which allowed a "qualified individual" to exclude from gross income "foreign earned income." As a result, income flight attendant earned...

LexisNexis Legal Business Community Staff
LexisNexis® Tax Law Center Podcast featuring Alice Joseffer of Hodgson Russ LLP on Foreign Investment Tax Reporting Requirements

On this edition, Alice Joseffer discusses cooperative efforts between the Internal Revenue Service and foreign nations to reduce tax avoidance and improve tax reporting and payment compliance. Ms. Joseffer outlines reporting requirements, describes voluntary...

Peter Miller
Ohio Wind Energy Tax Incentives Deficient, Trade Group Says

Ohio is in a quandary as it tries to reconcile last year's greening legislation and aspirations for wind energy production with the state's financial troubles. The linchpin of the problem, of course, is tax revenue. The state is trying to find...

Peter Miller
Are The Stars Aligned For Federal AND State Value Added Taxation (VAT)?

Sales tax revenues are in the tank; collections are the worst in 50 years in terms of inflation-adjusted dollars. The states are starving for new revenue as they look at busted budgets. Obviously, the U.S. Treasury is no different. Serious consideration...