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Tax-News.com: US Anti-Subsidy Duties Finalized For Indian, Sri Lankan Tires

by Isioma Ogbue | Jan 5, 2017 | Tax News

On January 4, the Department of Commerce announced its final decision that, while Indian manufacturers/exporters have not dumped the same products into the United States at less than fair value, it will impose anti-subsidy countervailing duties on the imports of...

Tax-News.com: AICPA Issues Guide On New US Revenue Recognition Rules

by Isioma Ogbue | Jan 5, 2017 | Tax News

The American Institute of Certified Public Accountants has issued the first online edition of its Audit & Accounting Guide on Revenue Recognition in response to the new standards from the Financial Accounting Standards Board. Source: IRS Tax News –...

Tax-News.com: Amazon Collects Sales Tax In Four More US States

by Isioma Ogbue | Jan 4, 2017 | Tax News

With Amazon agreeing to begin the collection of sales taxes on January 1 in four more US states – Iowa, Louisiana, Nebraska, and Utah – the online retailer is informing its customers that taxes are now charged on items shipped to 32 states. Source: IRS Tax News...

Tax-News.com: US Chamber Urges Health Insurance Tax Repeal

by Isioma Ogbue | Jan 4, 2017 | Tax News

With talk beginning in the new Congress of a repeal of President Barack Obama’s Affordable Care Act, the US Chamber of Commerce has urged the immediate elimination of the health insurance tax as an immediate necessity. Source: IRS Tax News –...

Tax-News.com: US Progresses Plywood Trade Dispute With China

by Isioma Ogbue | Jan 3, 2017 | Tax News

The International Trade Commission determined on December 30 that there is a reasonable indication that US industry is being materially injured by reason of imports of hardwood plywood products from China. Source: IRS Tax News – Tax-News.com: US Progresses...
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