January 03, 2022
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Big Tech Fights Top Tax Law Issues to Watch in 2022 - Bloomberg Tax

A long-running tax dispute involving Facebook Inc. parent Meta Platforms Inc. is headed back to trial in early 2022. Above, the company's European headquarters in Dublin, Ireland.

High-dollar international tax disputes, new state taxes on digital activities, and continued challenges to the 2017 tax law are among the big legal issues tax professionals are keeping a close eye on in the new year.

January brings action in a pair of high-profile tax cases: The U.S. Supreme Court will hear arguments over an IRS deadline to challenge federal tax debts, and a closely-watched trial involving Facebook Inc. parent Meta Platforms Inc. will resume in San Francisco.

Tax professionals are also paying attention to Capitol Hill negotiations on the Biden administration’s stalled economic agenda, which includes a proposal to ...



source: https://news.bloombergtax.com/daily-tax-report/big-tech-fights-top-tax-law-issues-to-watch-in-2022

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