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Taxation Tax Exemptions Tax Code

Morgan Lewis

Taxation of Royalties Under New Tax Code of Kazakhstan

Morgan Lewis on

This LawFlash summarizes the taxation of royalties in accordance with the new Tax Code of Kazakhstan that will come into effect in January 2026. The definition of “royalty” has been slightly modified in the new Tax Code....more

Bricker Graydon LLP

The Possible Repeal of the Tax Exemption of Municipal Bond Interest

Bricker Graydon LLP on

You may have heard recently about proposals for Congress to remove the exclusion from gross income of interest on state and local bonds, usually referred to as “repealing the tax exemption on municipal bonds.”  This issue...more

Franczek P.C.

Illinois Supreme Court Finds Hospital Tax Exemption Constitutional

Franczek P.C. on

Yesterday, the Illinois Supreme Court issued a decision in Oswald v. Hamer marking the latest chapter in a controversy dating to 2003. The decision finds that Section 15-86 of the Illinois Property Tax Code, which provides a...more

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