Judge dismisses 27 charges against ex-Broad Ripple bar owner, calls probe a ‘fishing expedition’
Prosecutors had alleged that Robert Sabatini underreported nearly $4 million in sales and failed to pay about $350,000 in taxes from 2020 through 2023.
Prosecutors had alleged that Robert Sabatini underreported nearly $4 million in sales and failed to pay about $350,000 in taxes from 2020 through 2023.
The court determined that Indiana’s add-back statute refers to direct income taxes and their functional equivalents – not unapportioned excise taxes. This means that the wagering taxes Penn Entertainment paid to other states did not have to be added back.
The high court ruled against a sweeping argument from a Michigan family whose house was sold for less than half its open-market value to cover an unpaid tax bill of just more than $2,000.
Acting U.S. Attorney General Todd Blanche said he’s not backing down from giving immunity to the president over his past taxes — despite the questions about why President Trump would need immunity and whether a president can do this.
The federal judge’s order allows all companies that paid the invalidated duties to seek refunds, not just the ones that filed lawsuits.
The Indiana Court of Appeals is siding with Republic Airways in the latest battle of an ongoing feud between the airline and the city of Indianapolis over $247,522.17 in tax incentives.
The program follows similar penalty-free times in 2005 and 2015 for businesses and individuals to pay overdue tax bills.
But it reveals how Democrats are starting to apply public pressure on a Trump administration that has shown little interest in trying to return tariff revenues after the Supreme Court announced its 6-3 ruling on Friday.
The suit was filed Thursday in Miami federal court by Trump, his sons Donald Jr. and Eric, and the Trump Organization, which manages the president’s real estate holdings.
Republican fiscal leaders, however, haven’t said which of the dozens of other new federal tax cuts—including the temporary deductions for workers who receive tips and overtime wages—will be extended to state taxes.
The proposed legislation would allow Indiana municipalities to collect more income taxes, in most cases, and would remove requirements that income tax rates be voted on each year.
At least 717 companies filed for bankruptcy through November, according to data from S&P Global Market Intelligence. That’s roughly 14 percent more than the same 11 months of 2024, and the highest tally since 2010.
Republican legislators are poised to take up proposals on conforming the state tax code with federal rules after the legislative session resumes Jan. 5.
Along with the unpredictable tariffs, stubborn inflation and weak hiring have shaken consumer confidence in the U.S. economy.
The Constitution says Congress has the power to levy tariffs. But the Trump administration argues that in emergency situations the president can regulate importation taxes like tariffs.
Key legal principles at the heart of conservative challenges to major initiatives in the Biden years are driving the arguments in the fight against Trump’s tariffs, which is set for arguments at the high court on Wednesday.
Gov. Mike Braun has asked legislators to bring the state’s tax code in line with recent, major federal changes — warning of “discrepancies” between Indiana and federal law that could complicate 2025 tax filings.
The Indiana Tax Court denied a county assessor’s attempt to represent his office in an appeal before the court, citing his lack of legal expertise as a risk of a non-attorney representing others and his use of a fictitious citation.
The Indiana Supreme Court reversed a state tax court decision on Tuesday, in a case that examined the constitutionality of Indiana’s one-acre limit on a homeowner’s property tax liability.
The U.S. government said Monday it is immediately placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff.