US Coverage
Law360 | The Practice of Law
State Specific Coverage
Law360 Authority | Deep News & Analysis
Ill. Lawmakers OK Targeted Ad Tax, Social Media Platform Fee
Illinois would tax digital advertising, social media platforms, cryptocurrency, prediction markets and more under a nearly $56 billion budget on the desk of Democratic Gov. JB Pritzker.
Tax Atty's AI Tools Help Firm Tackle IRS Debt, COVID Refunds
A tax controversy attorney has developed platforms using artificial intelligence to help clients sort through Internal Revenue Service collection options and obtain pandemic-related refunds that she says has helped her firm make routine IRS guidance more affordable while preserving lawyers for the cases that demand deeper expertise. Alyssa Maloof Whatley spoke to Law360 about why she created the tools and the challenges that come with integrating AI with taxpayer information.
EU Parliament Trade Committee Advances US Trade Deal
With a July 4 deadline set by President Donald Trump looming, the European Union moved one step closer to implementing its trade deal cutting tariffs — though with added guardrails — as a Parliament committee voted Tuesday to advance the legislation.
Ill. Lawmakers OK Targeted Ad Tax, Social Media Platform Fee
Illinois would tax digital advertising, social media platforms, cryptocurrency, prediction markets and more under a nearly $56 billion budget on the desk of Democratic Gov. JB Pritzker.
Tax Atty's AI Tools Help Firm Tackle IRS Debt, COVID Refunds
A tax controversy attorney has developed platforms using artificial intelligence to help clients sort through Internal Revenue Service collection options and obtain pandemic-related refunds that she says has helped her firm make routine IRS guidance more affordable while preserving lawyers for the cases that demand deeper expertise. Alyssa Maloof Whatley spoke to Law360 about why she created the tools and the challenges that come with integrating AI with taxpayer information.
EU Parliament Trade Committee Advances US Trade Deal
With a July 4 deadline set by President Donald Trump looming, the European Union moved one step closer to implementing its trade deal cutting tariffs — though with added guardrails — as a Parliament committee voted Tuesday to advance the legislation.
Federal More
The U.S. Supreme Court should weigh in on whether the IRS violated several taxpayers' rights to jury trials when it imposed $30 million in tax fraud-related penalties, the taxpayers said, arguing that a circui... (more story)
A former manager of the Kansas City Royals and his wife are liable for tax deficiencies and a 40% penalty after claiming a significantly inflated value for land in Meriwether County, Georgia, that they donated... (more story)
A woman urged the U.S. Supreme Court on Tuesday to reconcile the appellate courts' split over the period to assess taxes against a taxpayer in cases when a third party commits fraud, saying the IRS even admitt... (more story)
The fastest civil trial courts in the country are currently in the Eastern District of Virginia and the Southern District of Florida, and their chief judges provide insights into the court rules that keep them... (more story)
The Federal Circuit should maintain a pause on a lower court's order blocking President Donald Trump's temporary global tariffs with respect to Washington state and two businesses, the U.S. argued, saying the ... (more story)
Acting Attorney General Todd Blanche told lawmakers Tuesday, "we're not moving forward" with the controversial $1.8 billion settlement fund.
Fennemore Craig PC has launched its 24th office with the addition of a 15-person team of attorneys and legal professionals from Northern California boutique Reynolds Law LLP.
State & Local More
Mo. Appeals Court Fast-Tracks Tax Phaseout Plan Challenges
A Missouri appeals court said it will quickly hear arguments on a ballot measure slated for August to phase out Missouri's income tax in favor of broader sales taxes following a circuit court's rejection of ch... (more story)
Fla. Seeks Voter Approval Of Homestead Exemption Increase
Florida would increase the amount of its homestead tax exemption and aim to fully exempt homesteads under a resolution passed by the state Legislature on Tuesday that will have a proposed constitutional amendm... (more story)
Samsung Follows ExxonMobil From NJ To Texas
After less than a year in a new building in New Jersey, Samsung said it plans to move its headquarters to Texas by the end of 2026, wrapping up a more than 40-year run of corporate residency in the Garden State.
No Illinois Stadium Bill For Bears As Legislative Session Ends
The Chicago Bears on Monday kept the door open to staying in Illinois instead of moving to Indiana, hours after the state's Senate failed to act on a tax incentive bill for a proposed stadium before the legisl... (more story)
Paychex Urges NY Court To Nix Employer Org. Tax Rules
Paychex's interpretation of New York state law, arguing that professional employer organizations should be able to include certain expense reimbursements in their tax calculations, is correct and regulations t... (more story)
NY's Tax On 2nd Homes Compounds Residency Tax Risks
New York’s recently enacted surcharge on high-value second homes reflects a nationwide legislative trend of using the residency tax framework more aggressively, which brings new considerations for business own... (more story)
Conn. Alters Pot Tax, Gives Cities Aid To Cut Property Taxes
Connecticut will change its cannabis tax structure, provide funding to local governments for property tax reductions and make other tax changes under a 2027 budget bill signed by the governor.
A Missouri appeals court said it will quickly hear arguments on a ballot measure slated for August to phase out Missouri's income tax in favor of broader sales taxes following a circuit court's rejection of ch... (more story)
Florida would increase the amount of its homestead tax exemption and aim to fully exempt homesteads under a resolution passed by the state Legislature on Tuesday that will have a proposed constitutional amendm... (more story)
After less than a year in a new building in New Jersey, Samsung said it plans to move its headquarters to Texas by the end of 2026, wrapping up a more than 40-year run of corporate residency in the Garden State.
The Chicago Bears on Monday kept the door open to staying in Illinois instead of moving to Indiana, hours after the state's Senate failed to act on a tax incentive bill for a proposed stadium before the legisl... (more story)
Paychex's interpretation of New York state law, arguing that professional employer organizations should be able to include certain expense reimbursements in their tax calculations, is correct and regulations t... (more story)
New York’s recently enacted surcharge on high-value second homes reflects a nationwide legislative trend of using the residency tax framework more aggressively, which brings new considerations for business own... (more story)
Connecticut will change its cannabis tax structure, provide funding to local governments for property tax reductions and make other tax changes under a 2027 budget bill signed by the governor.
International More
Brazil Facing 25% US Tariff Over IP, Other 'Unfair Practices'
The U.S. Trade Representative proposed hitting Brazil with a broad 25% tariff following a trade investigation that it says uncovered a slew of "unfair practices that imposed burdens on American businesses," in... (more story)
EU Says Blocwide Digital Tax Could Bring In €5B Per Year
The European Union estimates that a 3% tax on digital services in the region could bring in €5 billion ($5.8 billion) annually for the bloc's budget, according to a European Commission document seen by Law360 on Tuesday.
Gov't Warned On Tax Regime For Collective Pension Plans
The government should consider new tax rules to ensure new collective pension plans are a success, a consultancy warned on Tuesday.
Fed. Circ. Affirms Dismissal Of Turkish Steel Duty Challenges
A Federal Circuit panel affirmed three U.S. International Trade Court rulings that collectively rejected a Turkish company's attempts to escape a duty on Turkish steel, finding on Monday that the company's app... (more story)
EU Readies Tax Simplification Package With R&D Allowance
The European Union is preparing a shake-up of its corporate tax rules that could slash compliance costs by €7 billion ($8.15 billion) annually, according to an EU draft proposal seen by Law360 on Monday.
Expat Ordered Arrested For Skipping $20M FBAR Hearing
A Florida federal judge ordered the arrest of an expatriate U.S.-German citizen for failing to appear at a hearing to discuss civil sanctions over his failure to pay a nearly $20 million tax judgment for not d... (more story)
Taxation With Representation: Latham, White & Case, Vischer
In this week's Taxation With Representation, Fertitta Entertainment acquires Caesars Entertainment, Eli Lilly and Co. buys three companies involved in vaccine development, and nuclear energy company Newcleo Lt... (more story)
The U.S. Trade Representative proposed hitting Brazil with a broad 25% tariff following a trade investigation that it says uncovered a slew of "unfair practices that imposed burdens on American businesses," in... (more story)
The European Union estimates that a 3% tax on digital services in the region could bring in €5 billion ($5.8 billion) annually for the bloc's budget, according to a European Commission document seen by Law360 on Tuesday.
The government should consider new tax rules to ensure new collective pension plans are a success, a consultancy warned on Tuesday.
A Federal Circuit panel affirmed three U.S. International Trade Court rulings that collectively rejected a Turkish company's attempts to escape a duty on Turkish steel, finding on Monday that the company's app... (more story)
The European Union is preparing a shake-up of its corporate tax rules that could slash compliance costs by €7 billion ($8.15 billion) annually, according to an EU draft proposal seen by Law360 on Monday.
A Florida federal judge ordered the arrest of an expatriate U.S.-German citizen for failing to appear at a hearing to discuss civil sanctions over his failure to pay a nearly $20 million tax judgment for not d... (more story)
In this week's Taxation With Representation, Fertitta Entertainment acquires Caesars Entertainment, Eli Lilly and Co. buys three companies involved in vaccine development, and nuclear energy company Newcleo Lt... (more story)