Gov'ts Ready Concessions, Reprisals Ahead Of US Tariff Wave
The likely targets of the reciprocal tariff policy President Donald Trump is set to debut Wednesday have been making concessions, vowing reprisals and pursuing closer ties with each other while many have adopted a wait-and-see approach. Here, Law360 looks at how countries are responding to the planned tariffs.
Ohio Justices Skeptical Of Tax On Items Temporarily In State
Several Ohio Supreme Court justices sounded inclined Tuesday to agree with claims from out-of-state businesses that their receipts from sales of products shipped to Ohio warehouses before being sent to other states shouldn't be subject to Ohio's gross receipts tax.
Justices Ask US To Respond To IRS Crypto Doc Seizure Case
The U.S. Supreme Court asked the federal government Monday to weigh in on a cryptocurrency investor's challenge to the IRS' seizure of his account records, a request that followed a spate of support for the investor, including by attorneys general and Elon Musk's X Corp.
Gov'ts Ready Concessions, Reprisals Ahead Of US Tariff Wave
The likely targets of the reciprocal tariff policy President Donald Trump is set to debut Wednesday have been making concessions, vowing reprisals and pursuing closer ties with each other while many have adopted a wait-and-see approach. Here, Law360 looks at how countries are responding to the planned tariffs.
Ohio Justices Skeptical Of Tax On Items Temporarily In State
Several Ohio Supreme Court justices sounded inclined Tuesday to agree with claims from out-of-state businesses that their receipts from sales of products shipped to Ohio warehouses before being sent to other states shouldn't be subject to Ohio's gross receipts tax.
Justices Ask US To Respond To IRS Crypto Doc Seizure Case
The U.S. Supreme Court asked the federal government Monday to weigh in on a cryptocurrency investor's challenge to the IRS' seizure of his account records, a request that followed a spate of support for the investor, including by attorneys general and Elon Musk's X Corp.
Federal More
The Trump administration has urged a California federal judge to reject the state of Washington's request to expand an injunction blocking federal agencies from firing probationary employees, saying the bid to... (more story)
The Fifth Circuit upheld the convictions of three men for preparing tax returns that claimed false education credits worth millions of dollars, saying federal prosecutors were not being unfair when they presen... (more story)
The U.S. House wrapped up two days of work on bipartisan tax relief measures Tuesday, clearing the last of six bills to allow taxpayers affected by natural disasters to qualify for extended deadlines for refun... (more story)
Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on stra... (more story)
Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms ... (more story)
The Sixth Circuit reversed a decision that had allowed a company that refurbished and sold highway tractors to qualify for an excise tax exemption, returning the case to a Tennessee district court, whose jury ... (more story)
The National Treasury Employees Union sued on Monday to block portions of President Donald Trump's recent executive order ending collective bargaining at a number of federal agencies where its members work, sa... (more story)
State & Local More
NRA Says Colo. Excise Tax On Gun Sales Is Unconstitutional
The National Rifle Association and other gun rights advocates have filed a lawsuit in Colorado state court challenging a voter-approved tax on the sale of firearms, contending the tax lacks the historical grou... (more story)
Calif. AG Backs Latest Bid To Extend False Claims Act To Tax
California would make another attempt to expand the state's False Claims Act to include tax matters, according to legislation filed in the state Senate, with the support of the state attorney general.
NJ Lawmakers Balk At Gov.'s Proposed Tax Hikes
Many members of the New Jersey Senate's budget committee sought to distance themselves Tuesday from some tax increases proposed in Democratic Gov. Phil Murphy's budget, saying there is little appetite for the hikes.
Ohio Justices Won't Hear 3rd-Party Property Tax Appeal Case
The Ohio Supreme Court declined Tuesday to hear a challenge to the constitutionality of third-party property tax appeal restrictions, leaving in place an appellate court's dismissal of the matter.
Feds Seek $3M From Ex-Ill. Speaker, Who Wants New Trial
Former Illinois House Speaker Michael Madigan urged an Illinois federal judge to acquit him of bribery and wire fraud, or at least order a new trial, due to "numerous" jury instruction and evidentiary errors t... (more story)
Mass. Rule Would Narrow P.L. 86-272 Tax Shield On Cookies
Massachusetts would become the latest state to adopt the Multistate Tax Commission's position that out-of-state companies that engage in certain internet activities aren't entitled to P.L. 86-272's protection ... (more story)
NYC Fights Group's Claim Of Biased Property Tax System
An organization that says New York City's property tax regime discriminates against minorities can't proceed with its claim, the city told the state appellate court, saying that further discovery or trial is needed.
Tobacco Co. Says Colo. Must Give Up Extra Tax Revenue
Colorado failed to refund tobacco taxes it collected that exceeded state projections for a fiscal year and failed to lower the taxes' rates in subsequent years, violations of the state Taxpayer's Bill of Right... (more story)
Firms Must Embrace Alternative Billing Models Or Fall Behind
As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will s... (more story)
The National Rifle Association and other gun rights advocates have filed a lawsuit in Colorado state court challenging a voter-approved tax on the sale of firearms, contending the tax lacks the historical grou... (more story)
California would make another attempt to expand the state's False Claims Act to include tax matters, according to legislation filed in the state Senate, with the support of the state attorney general.
Many members of the New Jersey Senate's budget committee sought to distance themselves Tuesday from some tax increases proposed in Democratic Gov. Phil Murphy's budget, saying there is little appetite for the hikes.
The Ohio Supreme Court declined Tuesday to hear a challenge to the constitutionality of third-party property tax appeal restrictions, leaving in place an appellate court's dismissal of the matter.
Former Illinois House Speaker Michael Madigan urged an Illinois federal judge to acquit him of bribery and wire fraud, or at least order a new trial, due to "numerous" jury instruction and evidentiary errors t... (more story)
Massachusetts would become the latest state to adopt the Multistate Tax Commission's position that out-of-state companies that engage in certain internet activities aren't entitled to P.L. 86-272's protection ... (more story)
An organization that says New York City's property tax regime discriminates against minorities can't proceed with its claim, the city told the state appellate court, saying that further discovery or trial is needed.
Colorado failed to refund tobacco taxes it collected that exceeded state projections for a fiscal year and failed to lower the taxes' rates in subsequent years, violations of the state Taxpayer's Bill of Right... (more story)
As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will s... (more story)
International More
Private School Group Challenges VAT On Rights Grounds
The U.K. government has broken human rights law by removing a value-added tax exemption for school fees because doing so limits access to education, a lawyer representing 10 children told a London court Tuesday.
Trump's Tariff Bombardment Keeps Companies Guessing
U.S. importers are bracing for significant compliance cost increases as President Donald Trump's reciprocal tariff announcement is expected on Wednesday, though recent comments made by the president indicate t... (more story)
Trump, Starmer Discuss Averting US Tariffs On UK Goods
President Donald Trump and Prime Minister Keir Starmer discussed a possible deal between the U.S. and the U.K. to avoid U.S. tariffs from being imposed on goods such as cars and metals, the British government confirmed.
Bank Says Caribbean Decision Blocks £415M VAT Fraud Case
A Caribbean bank argued in court Monday it could not be sued in England over a £415 million ($537 million) value-added tax fraud, because the matter had already been resolved by a judgment in Curaçao.
How Attorneys Can Master The Art Of On-Camera Presence
As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews —... (more story)
Taxation With Representation: Norton Rose, Latham, Ashurst
In this week's Taxation With Representation, Dollar Tree sells its Family Dollar business to private equity firms, eye care company Alcon buys medical technology company Lensar and Ithaca Energy PLC buys the U... (more story)
Gov't Urged To Review State Pension Ahead Of Tax 'Cliff Edge'
The U.K. government must reform the state pension or face a "bizarre tax cliff edge" where benefits exceed personal allowance thresholds, experts warned.
The U.K. government has broken human rights law by removing a value-added tax exemption for school fees because doing so limits access to education, a lawyer representing 10 children told a London court Tuesday.
U.S. importers are bracing for significant compliance cost increases as President Donald Trump's reciprocal tariff announcement is expected on Wednesday, though recent comments made by the president indicate t... (more story)
President Donald Trump and Prime Minister Keir Starmer discussed a possible deal between the U.S. and the U.K. to avoid U.S. tariffs from being imposed on goods such as cars and metals, the British government confirmed.
A Caribbean bank argued in court Monday it could not be sued in England over a £415 million ($537 million) value-added tax fraud, because the matter had already been resolved by a judgment in Curaçao.
As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews —... (more story)
In this week's Taxation With Representation, Dollar Tree sells its Family Dollar business to private equity firms, eye care company Alcon buys medical technology company Lensar and Ithaca Energy PLC buys the U... (more story)
The U.K. government must reform the state pension or face a "bizarre tax cliff edge" where benefits exceed personal allowance thresholds, experts warned.