Featured Stories

4 Factors That May Decide Success Of IRS Easement Office

As practitioners scrambled to meet deadlines to settle clients' disputes over conservation easement tax deductions... (more story)

The Firms Advising On Recent University Housing Bond Deals

Fall 2026 is the start of what colleges and universities have for years been calling the demographic cliff — 18 ye... (more story)

Reporting Prediction Market Wins A Safe Bet Amid IRS Silence

The IRS has yet to clarify how it will treat money people pocket from trading event contracts on prediction market... (more story)

Federal More

Grocers' Microcaptive Valid For Tax Benefits, 7th Circ. Told

Chicagoland grocery chain owners' in-house insurance arrangement is a valid insurance transaction "and should be respected as such," they told the Seventh Circuit, saying their business should be allowed to cl... (more story)

ERC Filing Deadlines Raise Tax Adviser Liability Risk

To minimize their risk, employee retention credit providers and tax advisers should understand that agreements to extend clients’ two-year deadline for challenging disallowances are not effective until the IRS... (more story)

Canadian Charity Loses Bid For Dividend Tax Refund From US

A Canadian charity cannot receive a tax refund from the Internal Revenue Service for U.S.-sourced dividend income from a unit trust because the U.S.-Canada tax treaty doesn't grant Canadian unit trusts that be... (more story)

Taekwondo Makes Me A Better Lawyer

Taekwondo has taught me to recognize when to fight for a position and when to focus on finding a solution, and that the best outcomes are often achieved by solving problems — all of which has improved my work ... (more story)

Claims Court Halts BMW's $38M Tax Bid Over COVID Tolling

The U.S. Court of Federal Claims paused reviewing luxury automaker BMW's $38.4 million tax refund suit until an appeals court issues a decision in a similar case over the tolling of a COVID-19-era filing deadline.

NY Lawyer's Wage, Bias Suit Tossed Over Venue

A New York federal judge has tossed an attorney's wage and hour and race discrimination suit against Oklahoma-based Arnold & Smith Law, finding that the Eastern District of New York was the wrong venue because... (more story)

Eric Adams' Onetime Aide Says Feds' Bribery Rap Is Too Thin

A former chief of staff to ex-New York Mayor Eric Adams told a federal judge Tuesday that prosecutors' claims that a hotel owner secured a $6.8 million migrant housing contract by papering City Hall with bribe... (more story)

State & Local More

NJ Law Requires Data Centers To Report Utility Usage

New Jersey Gov. Mikie Sherrill signed a bill into law Thursday that requires data centers in the state to provide the New Jersey Board of Public Utilities with semiannual water and energy usage reports.

MARTA, Atlanta Reach $52M Deal In Lengthy Tax Dispute

The Metropolitan Atlanta Rapid Transit Authority and the city of Atlanta announced a $52 million settlement Thursday to end their yearslong dispute over the amount of sales tax proceeds allocated for its enhanced bus service.

Coffee Seller's Tax Suit Counterclaims Belong In Calif.

The founder of a California coffee equipment manufacturer asked a Colorado state court judge Monday to dismiss the bulk of counterclaims from the founder of a Colorado coffee equipment provider who allegedly h... (more story)

Texas Appeals Court Says Co.'s Gear Correct On Tax Rolls

A Texas appeals panel ruled Wednesday that a company's natural gas compressors leased in Frio County were correctly listed on that locality's tax rolls despite the company's claims that the equipment was asses... (more story)

Mastercard Says Pa. Sourcing Reg Would Subvert Uniformity

A proposed regulation from the Pennsylvania Department of Revenue would create a lack of uniformity between credit card companies and others regarding the sourcing of receipts, Mastercard told the department i... (more story)

OptumRx Seeks Quick Win In Apportionment Fight With Fla.

Florida's tax agency incorrectly excluded rebates for drugmakers from the sales factor of OptumRx, and the company's pharmacy benefit management services can't be sourced to Florida because they took place els... (more story)

Childcare Center Late To Claim Tax Break, Minn. Justices Told

A Minnesota childcare center failed to meet the statutory deadline for seeking a property tax exemption and was not entitled to judicial review of the tax break's denial, a county told the state Supreme Court,... (more story)

International More

EU Draft Tax Data Bill Eases US Access To Carveout

A draft of a European Union bill on tax data exchange seen Friday by Law360 emphasized that companies should not be barred from accessing a reporting carveout because they are headquartered in a Pillar Two sid... (more story)

Trade Sanctions Body Refers More Than 40 Cases To HMRC

The trade sanctions enforcer has revealed that it has referred almost 50 cases to law enforcement agencies and regulators for possible enforcement, including criminal prosecution, over the past year as its inv... (more story)

States Push EU Budget Cuts As Spending, Tax Talks Ramp Up

Six European Union countries called Thursday for the bloc's long-term budget draft to be cut by several hundred billion euros from the €2 trillion ($2.33 trillion) proposed by the European Commission.

EPPO Orders Arrests In €20M AirPods VAT Fraud Scheme

The European Public Prosecutor's Office said Wednesday that five people have been arrested in Czechia on suspicion of being part of a €20 million ($23.3 million) value-added tax fraud ring involving Apple AirP... (more story)

Albania Looks To Toss Judgment Enforcing $13M Award

Albania's state-owned oil company is urging a D.C. federal court to dismiss a default judgment enforcing a roughly $13 million arbitral award now owed to litigation funder Omni Bridgeway, saying the judgment w... (more story)

Romania Transfer Pricing Dispute Sent To Top EU Court

A Romanian court of appeal has asked the European Court of Justice to determine whether a national law requiring tax authorities to adjust transfer prices to the median value used by similar independent compan... (more story)

France May Extend Biz Tax To Relieve Economy, Minister Says

France's tax on large companies, originally intended as a temporary measure, could be extended into 2027 to ease economic pressures, the country's finance minister said.