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)

A New York State appellate court Thursday quizzed attorneys for President Donald Trump and state prosecutors over his hush-money conviction, exploring defense counsel's claims that the district attorney trespassed into fed...(read more)

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)

The U.S. Tax Court properly ruled that an Oklahoma couple owe roughly $260,000 in taxes and penalties because their ranch wasn't operated for profit as they had asserted, the IRS told the Tenth Circuit, saying they lacked ...(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)

Paul Weiss Rifkind Wharton & Garrison LLP partner Brian Krause assisted drug company Metsera in its up-to-$10 billion acquisition by Pfizer and served as the lead tax counsel during Keurig Dr Pepper's $18.4 billion acquisi...(read more)

A public database tracking cases involving hallucinations generated by artificial intelligence recently surpassed 2,200 entries, but the bigger risk underlying attorneys’ use of such tools is that they will slowly surrende...(read more)

Three incumbent Washington State Supreme Court justices held off challengers in Tuesday's election, and King County Superior Court judges emerged as front-runners for two other open spots on the state high court, according...(read more)

Future proposals to raise Iowa state income taxes will need supermajority approval from lawmakers under a ballot measure passed by voters Tuesday.

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)

The $2 million in civil penalties imposed on a dead man for violating foreign bank account reporting rules when he was alive is not excessive, the U.S. government told the Ninth Circuit in a bid to collect the penalties fr...(read more)

The European Commission decided not to ax a digital services tax proposal in its 2027 work program despite a lack of progress, according to a final version of its agenda for the coming year seen Wednesday by Law360.