Tax Law – May 24, 2012

by Lane Powell PC - Aviation Law on 4/4/2012

If your aircraft is managed by a third party (or potentially by a related entity), or if your company manages aircraft, the IRS’s recent guidance expanding the applicability of federal excise tax will significantly impact...more

by Warner Norcross & Judd on 1/6/2012

In this issue; TAXATION - An Overhaul of State Tax Policy - Goodbye to Mega, Brownfield and Historic Tax Credits; Hello to Development and Revitalization Programs - Personal Property Tax Being Teed up for...more

by Bryan Cave on 12/12/2011

Background On October 26, 2011, the Chinese State Council announced that it would launch a pilot value-added tax (“VAT”) reform program (“Pilot Program”) effective on January 1, 2012. The Pilot Program will initially...more

by McNees Wallace & Nurick LLC on 9/21/2011

Have You Filed Your Gross Receipts Tax Refund Claims? If your company pays Pennsylvania Gross Receipts Tax and you have not recently filed assessment appeals and/or protective refund claims, you should consider doing so...more

by McNees Wallace & Nurick LLC on 9/20/2011

The Commonwealth Court has tentatively scheduled oral argument for the week of November 14, 2011, in R & R Express v. Commonwealth, No. 533 F.R. 2007. The case deals with the tax impact of a motor carrier’s failure to comply...more

by Reed Smith on 6/23/2011

This alert is intended for non-PRC owners and charterers who may or have time-chartered vessels to PRC entities. There are two PRC tax regimes that levy taxes against hire payments made by PRC time-charterers, the...more

by Gary Horowitz on 10/1/2010

Private aircraft ownership and use structuring....more

by Alexander Averbuch on 7/26/2010

On July 6, 2010, following the adoption of the unified Customs Code, the Customs Union of three former Soviet Union republics - the Russian Federation, the Republic of Belarus and the Republic of Kazakhstan - became...more