Dispatch for: September 27, 2021

VAT hikes and cryptocurrency skepticism.

This is a shorter one in terms of any long form analysis – but has some interesting news bits.

DECISIONS

In re: Khashayar Vosough. Decision around a conflict between state and IRS liens where the former was perfected before the latter, thus state liens prioritized over IRS liens.

NEWS OF NOTE

This is All Exactly What it Looks Like. (Defector)

Zelinsky – Round 2 of the Convenience of the Employer Test. (Tax Notes)

Gordon Signs Bill Exempting Wyoming Natural Gas Flared For Cryptocurrency Mining From Taxation. (Oil City News)

Bahrain to Hike VAT After Saudi Arabia in Bid to Curb Deficit. (Bloomberg)

Apple’s Cost-Sharing Arrangement: Frankenstein’s Monster [Part 1] [Part 2]. (Tax Notes)

The German Tax-Dodge Probe That’s Roiling Banks.(Washington Post)

Banker Had No Way of Knowing Tax Trade Was a Scam, Lawyer Says. (Bloomberg)

China bans cryptocurrency transactions in sweeping crackdown. (CBSNews)

Disclosure: None of the aforementioned is intended to be legal or tax advice, and none of it should be relied upon for those purposes.