DOGE Cuts Overlook Long-Standing Bids To Improve IRS
As President Donald Trump moves to downsize the federal government, the new administration may be missing an opportunity to evaluate long-standing proposals that aim to make the Internal Revenue Service run more efficiently, such as major technology upgrades and improving the dispute resolution process.
UK Gov't Preparing List Of US Goods For Tariffs
The U.K. government revealed a list of U.S. goods it might target with tariffs in response to the tariffs on British goods announced by the Trump administration, according to a statement Thursday.
Ark. Senate Committee Advances Market-Based Sourcing
Arkansas would change how it sources receipts for multistate businesses paying corporate income tax from a cost-of-performance model to a market-based model under a bill advanced by a state Senate committee.
DOGE Cuts Overlook Long-Standing Bids To Improve IRS
As President Donald Trump moves to downsize the federal government, the new administration may be missing an opportunity to evaluate long-standing proposals that aim to make the Internal Revenue Service run more efficiently, such as major technology upgrades and improving the dispute resolution process.
UK Gov't Preparing List Of US Goods For Tariffs
The U.K. government revealed a list of U.S. goods it might target with tariffs in response to the tariffs on British goods announced by the Trump administration, according to a statement Thursday.
Ark. Senate Committee Advances Market-Based Sourcing
Arkansas would change how it sources receipts for multistate businesses paying corporate income tax from a cost-of-performance model to a market-based model under a bill advanced by a state Senate committee.
Federal More
A permanent extension of the 2017 tax overhaul, including the law's expired business provisions, would cost $5.5 trillion including interest over the next decade, according to estimates released Thursday by th... (more story)
A couple is not entitled to claim energy credits from an Arizona partnership whose manager pled guilty in a tax fraud scheme involving solar power equipment, the U.S. Tax Court ruled Thursday.
In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax meas... (more story)
Federal employee unions and advocacy groups urged the U.S. Supreme Court on Thursday to reject the Trump administration's bid to pause a California court order reinstating tens of thousands of probationary wor... (more story)
The U.S. Senate on Wednesday evening passed a resolution to eliminate the national emergency President Donald Trump declared to impose 25% tariffs on Canadian imports, but the measure is likely to stall in the... (more story)
A man who owes more than $1 million in taxes helped his daughter fraudulently obtain a home loan so he could effectively own the house while avoiding paying his debt, the U.S. government said in a complaint in... (more story)
The U.S. Department of Justice's plan to dissolve its Tax Division would jeopardize effective tax enforcement nationwide, a slew of tax controversy lawyers told the DOJ Wednesday, saying such a move would defe... (more story)
State & Local More
Mass. Appeals Court Backs Tax On Nonresident's $4.7M Gain
A former Massachusetts resident owes tax on a $4.7 million capital gain from the sale of stock in a Massachusetts company he co-founded, a state appeals court ruled Thursday, affirming a decision by the state'... (more story)
Insurer Says It Has No Duty To Defend Mich. City In Tax Fight
Insurance company Argonaut said in a federal court complaint Wednesday that it shouldn't have to pay to defend Ann Arbor, Michigan, in a lawsuit alleging that the city's decades-old stormwater drainage charges... (more story)
Accountant Cleared To Testify In Malpractice Case Against Her
An accountant accused of malpractice can testify about whether her actions were reasonable when she allegedly failed to tell a client about a change in tax law stemming from the U.S. Supreme Court's Wayfair de... (more story)
Judge Backs Mo. Tax Commission's Property Value Rollback
The Missouri State Tax Commission was within its authority to order a Missouri county to reduce property valuations it made on most residential properties following 2023 assessments, a circuit court judge rule... (more story)
Senate GOP Plan Would Extend TCJA, Allow $1.5T In Tax Cuts
Senate Budget Committee Republicans released a budget proposal Wednesday that would permanently extend the Tax Cuts and Jobs Act and allow for up to $1.5 trillion in other tax cuts.
Adapting To Private Practice: From DOJ Leadership To BigLaw
The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires ... (more story)
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.
A former Massachusetts resident owes tax on a $4.7 million capital gain from the sale of stock in a Massachusetts company he co-founded, a state appeals court ruled Thursday, affirming a decision by the state'... (more story)
Insurance company Argonaut said in a federal court complaint Wednesday that it shouldn't have to pay to defend Ann Arbor, Michigan, in a lawsuit alleging that the city's decades-old stormwater drainage charges... (more story)
An accountant accused of malpractice can testify about whether her actions were reasonable when she allegedly failed to tell a client about a change in tax law stemming from the U.S. Supreme Court's Wayfair de... (more story)
The Missouri State Tax Commission was within its authority to order a Missouri county to reduce property valuations it made on most residential properties following 2023 assessments, a circuit court judge rule... (more story)
Senate Budget Committee Republicans released a budget proposal Wednesday that would permanently extend the Tax Cuts and Jobs Act and allow for up to $1.5 trillion in other tax cuts.
The move from government service to private practice can feel like changing one’s identity, but as someone who has left the U.S. Department of Justice twice, I’ve learned that a successful transition requires ... (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.
International More
EU Top Court Backs €4.2M Tax Levy Against Game Developer
Lithuanian tax authorities did not err when disallowing a video games company's tax deductions for dividends it received from a subsidiary, resulting in a charge of €4.2 million ($4.6 million) in taxes, intere... (more story)
6th Circ. Orders Private Review Of Docs In Eaton Tax Case
The Sixth Circuit granted a request by multinational power company Eaton Corp. to order a lower court to review in chambers sensitive performance evaluations in its transfer pricing case challenging an Interna... (more story)
Control Of Kyocera's $7M Refund Suit Handed To Tax Court
The U.S. Tax Court holds jurisdiction over Kyocera's case for an approximately $7 million refund after it challenged an overlapping IRS assessment in the specialized tribunal, a South Carolina federal court ru... (more story)
City Seeks Regulatory Talks With US Amid Trade Tension
A U.K. financial services trade body called on the government Wednesday to enter stronger financial regulatory dialogues with the U.S. and other countries amid trade uncertainties, boosting investment in high-... (more story)
Taxing School Fees Doesn't Restrict Choice, Gov't Tells Court
The U.K. did not break human rights law by imposing 20% value-added tax on private school fees because families can still access education through other options, the government told a London court.
UK Ride Service Merits VAT Break, Upper Tribunal Affirms
The First-tier Tribunal did not err when holding that a U.K. ride-hailing service falls under a special value-added tax exemption extended to travel agents based on the similarity of services that both ride-ha... (more story)
How The CRE Industry Is Adapting To Tariff Uncertainty
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)
Lithuanian tax authorities did not err when disallowing a video games company's tax deductions for dividends it received from a subsidiary, resulting in a charge of €4.2 million ($4.6 million) in taxes, intere... (more story)
The Sixth Circuit granted a request by multinational power company Eaton Corp. to order a lower court to review in chambers sensitive performance evaluations in its transfer pricing case challenging an Interna... (more story)
The U.S. Tax Court holds jurisdiction over Kyocera's case for an approximately $7 million refund after it challenged an overlapping IRS assessment in the specialized tribunal, a South Carolina federal court ru... (more story)
A U.K. financial services trade body called on the government Wednesday to enter stronger financial regulatory dialogues with the U.S. and other countries amid trade uncertainties, boosting investment in high-... (more story)
The U.K. did not break human rights law by imposing 20% value-added tax on private school fees because families can still access education through other options, the government told a London court.
The First-tier Tribunal did not err when holding that a U.K. ride-hailing service falls under a special value-added tax exemption extended to travel agents based on the similarity of services that both ride-ha... (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)