Managers from Eaton's factories in the Dominican Republic and Puerto Rico described in court Friday how products were tested for quality at those facilities, while IRS attorneys seeking to downplay the significance of the ...(read more)

A Blank Rome LLP partner who founded a luxury boutique hotel in Italy told the U.S. Tax Court the IRS improperly determined he owes roughly $15.6 million in taxes and penalties, disputing the agency's assertion that his ho...(read more)

A political news site falsely tied an Internal Revenue Service appeals officer to the agency's 2013 Tea Party-targeting scandal, she alleges in a $10 million defamation suit removed to federal court.

Mary McNulty of Holland & Knight was lead tax counsel in ExxonMobil's landmark litigation related to the company's partnership with Qatar and won a consequential appellate decision on the meaning of a limited liability par...(read more)

In this week's Taxation With Representation, Marvell Technology buys data center optics maker Lumentum, defense technology company Shield acquires radar company Echodyne, and CVS Health plans to split into two independent,...(read more)

The U.S. justice system is long overdue for a cultural shift that encourages judges to engage with the merits of a case from the outset, which would help to cut through procedural complexities and deliver high-quality just...(read more)

Negotiations to remove the U.S. territories of American Samoa, Guam and the Virgin Islands from the European Union's tax blacklist continue to be hindered by a disagreement on whether data on U.S.-sourced income linked to ...(read more)

Portions of a parking ramp owned by the city of Duluth, Minnesota, and leased to a for-profit hotel should not be subject to property taxation, the city told the state Supreme Court, seeking reversal of a state tax court r...(read more)

California will not amend its constitution to prohibit local governments from imposing or increasing a special tax unless it's approved by two-thirds of the electorate, according to preliminary results.

Eiko Stange, a member of Wachtell Lipton Rosen & Katz's tax practice, was lead counsel on OpenAI's corporate restructuring and recapitalization, advised Honeywell on its aerospace business's $72 billion spinoff and oversaw...(read more)

A U.S. Virgin Islands federal judge declined to rethink his order holding that the territory's residents are exempt from the net investment income tax, ruling that local revenue collectors' disagreement with his reasoning ...(read more)

Faegre Drinker Biddle & Reath LLP has hired a Morgan Lewis & Bockius LLP tax associate to join its Philadelphia office as a partner working on federal income tax and other tax matters, according to a Wednesday announcement.

A New York state appeals court threw out a challenge lodged by homeowners to the rollout of New York City's tax on high-value second homes, saying they lacked standing to bring the suit.

Florida Gov. Ron DeSantis said Wednesday that he will call a special session for lawmakers to implement the homestead exemption hike approved by voters Tuesday, a measure expected to significantly reduce local property tax...(read more)

The Council of the European Union has reached an agreement to extend the one-stop shop for value-added tax on imports to all e-commerce sales into the trade bloc and make online platforms responsible for collecting the rev...(read more)

The European Union must extend proposed tax relief on cross-border dividend payments to regulated investment funds to reduce costs for savers and remove barriers to investment, the bloc's fund industry urged Monday.

A budget released by the Department of Finance Canada signaled several coming corporate tax proposals, including full-expense deductions for new investments and a tax exemption on up to CA$15 million ($10.6 million) in cap...(read more)

A landfill operator has sued a waste management services supplier for £6.46 million ($9 million), accusing the supplier of "gaming" the system by falsely claiming that waste it delivered qualified for lower landfill tax ra...(read more)

Home Depot said it opposed combining every proposed customer class action over increased costs from tariffs into multidistrict litigation, claiming there are too many economic differences between the suits. 

The financial watchdog said Thursday that it has prevented a debt collection firm from pursuing workers for repayment of tax avoidance scheme loans, after the debts were sold to a company that is not authorized by the regu...(read more)

The IRS erred in denying a $739 million capital loss to an Illinois tool company as well as determining it owes more than $26 million in taxes for 2019 through 2021 and denying its request for a $32 million refund for thos...(read more)