While most people are aware of the state part of state and local tax (SALT), many are less familiar with local taxes and often overlook them.
Sales tax consequences of mergers and acquisitions (M&A) are often overlooked. Often potential sales taxes both upon the transaction itself and historical liabilities become material issues if not addressed during the due diligence phase of an M&A transaction.
ASC 740 Provision for Income Taxes requires taxpayers to determine, more likely than not, if their in-state activity results in an income tax liability.
In Online Merchants Guild v. Hassell, Secretary of Revenue (Online Merchants Guild), the Commonwealth Court of Pennsylvania found merchants selling through the Fulfillment by Amazon (FBA) program are not required to collect and remit sales tax or pay personal income tax.
Andersen Managing Director Joe Calianno's comments are included in the recent Tax Notes article, Treasury Seems Wary of Adding Services to FTC Royalty Carveout.
Accounting Today released its annual ranking of top tax firms across the United States, naming Andersen as a top U.S. tax firm.
Andersen Global broadens its platform in Europe through a Collaboration Agreement with CMF Consulting (CMF), a valuation services firm in Romania.
Andersen Managing Director Joe Calianno's comments are included in the recent Tax Notes article, Final Regs Adopt Single-Entity Approach for CFC Income Inclusion.
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