Featured Stories

3 Takeaways From The Supreme Court's Mich. Tax Sale Case

The U.S. Supreme Court will consider issues of fairness and just compensation in a case in which a Michigan county... (more story)

How Epstein Referred Clients To BigLaw Partners In His Orbit

Billionaire and child sex offender Jeffrey Epstein always had top lawyers in his orbit. He also had extensive and ... (more story)

3 Key Areas Where Tax Administrations Are Using AI

Tax administrations across the globe are increasingly turning to artificial intelligence for everything from flagg... (more story)

Federal More

After Learning Resources: A Practical Guide For US Importers

Following the U.S. Supreme Court's Feb. 20 decision in Learning Resources v. Trump, U.S. importers and consumers on whom tariffs were imposed under the International Emergency Economic Powers Act can seek reli... (more story)

AI-Assisted Arbitration Needs Safeguards To Ensure Fairness

As tribunals and arbitral institutions increasingly use artificial intelligence tools in their decision-making processes, ​​​​​​​clear disclosure standards and procedural safeguards are necessary to ensure tha... (more story)

Tax Court Urged To Restore Nixed $85M Conservation Break

The U.S. Tax Court should restore an $85 million tax deduction denied to a partnership for its donation of a conservation easement protecting hundreds of acres of Virginia forest, the partnership told the cour... (more story)

Taxation With Representation: Linklaters, Wilson Sonsini

In this week's Taxation With Representation, French electric utility Engie acquires UK Power Networks, Gilead Sciences Inc. buys clinical-stage biotechnology company Arcellx Inc., and The Brink's Co. acquires ... (more story)

Goldstein Placed Under Home Confinement Until Sentencing

SCOTUSblog founder Thomas Goldstein was placed under home confinement by a Maryland federal judge until his sentencing, but will likely be able to keep his $3 million D.C. home after the jury that convicted hi... (more story)

IRS Broke Law 42K Times By Giving Info To ICE, Judge Says

The federal judge who stopped the Internal Revenue Service from sharing taxpayer addresses with immigration authorities said Thursday that a recent admission by the agency showed that it broke the law more tha... (more story)

Penalties Apply In 'Missing Witness' Case, Tax Court Says

The U.S. Tax Court won't reconsider its decision that a couple who had argued they were misled by their accountant are liable for penalties over failing to file and failing to pay estimated tax in a case where... (more story)

State & Local More

Washington 'Millionaires Tax' Clears House Panel With Tweaks

A proposal for a nearly 10% tax on income above $1 million cleared the Washington State House of Representatives' Finance Committee on Friday, with members opting for a few changes but rejecting a proposed ame... (more story)

Calif. Urges Justices To Pass On Fla.'s Challenge To Tax Rule

Florida's challenge to a special California apportionment rule lacks the importance required to warrant the U.S. Supreme Court exercising its original jurisdiction to hear a dispute between states, California ... (more story)

Md. Corp. Tax Decoupling Bills Pitched To House Panel

Maryland would decouple from a group of recently enacted federal corporate tax changes under two bills heard by the state House Ways and Means Committee that are estimated to boost state revenue by $900 millio... (more story)

Biz Tax Plans In NY Gov.'s Budget Face Pushback

New York lawmakers and policy groups warned that aspects of Gov. Kathy Hochul's budget, which includes parting from federal business tax breaks and extending a corporate surtax, would worsen the state's compet... (more story)

PepsiCo Loses Another Frito-Lay Tax Deficiency Fight In Ill.

An Illinois state panel affirmed a trial court's finding that PepsiCo improperly excluded Frito-Lay profits from state income tax calculations by factoring expatriates' foreign payroll into its considerations,... (more story)

Holland & Knight Revamps Business Section With New Teams

Holland & Knight LLP will reorganize its business section into separate units focusing on corporate, financial services and tax law effective March 1, the firm announced Thursday, with a slate of new leaders t... (more story)

Tech Cos. Pitch $200M Change To Md. Data Services Tax

Maryland's new 3% tax on many data services would be altered to exclude those used in taxable services under a bill that technology companies recommended to a state Senate panel Wednesday and that is projected... (more story)

International More

Denmark's Top Party Plans Wealth Tax Ahead Of Elections

Denmark's top party has proposed a 0.5% wealth tax as a pillar of its platform for early elections called by a prime minister seeking to build on public support for her efforts to prevent the U.S. from taking over Greenland.

UK Christian Schools Pledge Top Court Appeal After VAT Loss

A group of Christian families and schools said they will take their appeal against the 20% value-added tax charged on their private school fees to the U.K. Supreme Court after an appeals court dismissed their case Friday.

Biz Owner Gets £2M Tax Evasion Penalty Tossed As Unfair

A company owner isn't liable for a nearly £2 million ($2.7 million) civil tax evasion penalty because HM Revenue & Customs didn't raise its claims of dishonesty by the owner in a prior proceeding it relied on ... (more story)

Belgium Loses Dispute With EU Over Foreign Tax Deductions

Belgium didn't correctly transpose a European Union law requiring states to allow taxpayers a deduction for taxes paid by controlled foreign corporations in their residence jurisdiction, the European Court of ... (more story)

Ex-Exec. In $2B Denmark Tax Scheme Hid Assets, Court Told

A Florida man involved in a $2 billion Danish tax refund scheme fraudulently transferred millions of dollars to a U.S. company to prevent the Danish government from seizing those assets, Denmark's tax agency t... (more story)

Switzerland Seeks Stable US Trade Amid Tariff Uncertainty

Swiss officials are seeking to stabilize trade with the U.S. in negotiations following the U.S. Supreme Court's rejection of President Donald Trump's tariffs and his subsequent announcement of new tariffs, the... (more story)

Upper Tribunal Blocks Financing Co.'s £94M Loss Tax Relief

A London tribunal ruled in favor of the U.K. tax authority's decision to block nearly £94 million ($127 million) in tax relief to a financing company, saying the relief was improper because the losses dated ba... (more story)