Corporate Taxes, Tax Refunds, Tax Appeals

If You Don’t Ask, The Answer’s Always No

Blank Rome LLP on 4/18/2025

One of the first rules of business is that you don’t leave money on the table. That adage is equally important in tax matters. Taxpayers can leave behind funds by failing to follow the rules. The importance of compliance with...more

California OTA Ruling Favors Microsoft on Foreign Dividend Sales Factor Treatment

Holland & Knight LLP on 3/15/2024

The California Office of Tax Appeals (OTA) denied a request for rehearing of a July 2023 OTA opinion favorable to Microsoft Corp. that could have wide-ranging impacts for a water's edge filer in California, particularly one...more

Major California Corporate Tax Refund Opportunity for Multinational Corporations

Morgan Lewis on 3/5/2024

Microsoft's recent California Office of Tax Appeals win results in the opportunity for significant California corporate tax refunds for taxpayers with dividends from foreign affiliates....more

Show Me the Money: IRS Introduces Webpage for Large Refunds Subject to JCT Review

McDermott Will & Schulte on 9/24/2021

When we previously wrote about the Joint Committee on Taxation’s (JCT) process for reviewing refund claims granted by the Internal Revenue Service (IRS), we explained that the IRS generally must submit proposed refunds in...more

Pa. Supreme Court Decision May Materially Shorten Time for Filing Tax Refund Claims

Ballard Spahr LLP on 12/5/2017

Pennsylvania taxpayers should be aware of the recent decision by the Pennsylvania Supreme Court in Mission Funding Alpha v. Commonwealth, in which the court held that a refund claim is timely only if it is filed within three...more

MoFo New York Tax Insights - Volume 7, Issue 4

Morrison & Foerster LLP on 4/5/2016

ALJ holds that Insurance Payments to Captive Insurance Company Are not Deductible - In Matter of Stewart’s Shops Corp., DTA No. 825745 (N.Y.S. Div. of Tax App., Mar. 10, 2016), a New York State Administrative Law Judge...more