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Steven N.S. Cheung, Inc., Plaintiff-Appellee, v. United States, Defendant-Appellant, 545 F.3d 695; 2008 U.S. App. LEXIS 20099 (9th Cir., Sept. 23, 2008)

District court erred in failing to give effect to 26 U.S.C.S. § 6621(a)(1) interest rate reduction after entering judgment for corporation in its action against United States for wrongful levy; under 26 U.S.C.S. §§ 7426, 6621, Congress...

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University of Chicago, Plaintiff-Appellant, v. United States, Defendant-Appellee, 547 F.3d 773; 2008 U.S. App. LEXIS 24365 (7th Cir., Oct. 29, 2008)

Congress intended I.R.C. § 3121(a)(5)(D) to include "salary reduction agreements", voluntary or mandatory, in the FICA wage base, thus, a judgment finding a university was liable for failure to withhold and pay FICA assessments was affirmed...

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Menard, Inc. and John R. Menard, Jr., Petitioners-Appellants, v. Commissioner, Respondent-Appellee, 560 F.3d 620; 2009 U.S. App. LEXIS 4883 (7th Cir., March 10, 2009).

Because the CEO/controlling shareholder's corporation outperformed much-larger but comparable companies and there was no suggestion that other shareholder's were disappointed that the corporation obtained an 18.8% rate of return, and 5 percent...

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Amazon.com LLC v. New York State Dept. of Taxation & Fin., 2009 NY Slip Op 29007 (N.Y. Sup. Ct. 2009)

Retail internet business's complaint alleging that the Commission-Agreement Provision, Tax Law § 1101(b)(8)(vi), violated the Commerce Clause was dismissed when the business failed to allege that New York associates did not solicit business for...

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Capital One Bank v. Comm'r of Revenue, 453 Mass. 1 (Mass. 2009)

The denial of an abatement of the excises tax under Mass. Gen. Laws ch. 63, § 2 to several out-of-state banks was upheld on appeal as the banks' use of banking and credit facilities, their solicitation of credit card customers, and servicing...

LexisNexis Tax Center
Geoffrey, Inc. v. Comm'r of Revenue, 453 Mass. 17 (Mass. 2009)

Commonwealth could impose corporate excise tax, pursuant to Mass. Gen. Laws ch. 63, § 39, on the taxpayer, a foreign corporation, that did not have physical presence in Massachusetts; taxpayer met "substantial nexus" test for imposing that...