High Court To Mull Home Distilling Ban Following Circuit Split
The U.S. Supreme Court on Monday agreed to take up a case on the federal tax code's ban on distilling whiskey at home after the Fifth Circuit found the ban unconstitutional but the Sixth Circuit upheld the ban.
DC Council Ponders Multiple Tax Increase Proposals
Washington, D.C., could adopt a wealth tax, a tax on second homes, a new business activity tax, a sales tax increase or other revenue-boosting measures under proposals discussed before the district council Friday.
Eaton To Defend Prices Paid For Breaker Products At Trial 2
Ohio-based Eaton Corp. is preparing to defend the prices it paid during 2011 to 2013 for electrical breakers and other products from manufacturing affiliates in Puerto Rico and the Dominican Republic when its second U.S. Tax Court trial begins Nov. 2.
High Court To Mull Home Distilling Ban Following Circuit Split
The U.S. Supreme Court on Monday agreed to take up a case on the federal tax code's ban on distilling whiskey at home after the Fifth Circuit found the ban unconstitutional but the Sixth Circuit upheld the ban.
DC Council Ponders Multiple Tax Increase Proposals
Washington, D.C., could adopt a wealth tax, a tax on second homes, a new business activity tax, a sales tax increase or other revenue-boosting measures under proposals discussed before the district council Friday.
Eaton To Defend Prices Paid For Breaker Products At Trial 2
Ohio-based Eaton Corp. is preparing to defend the prices it paid during 2011 to 2013 for electrical breakers and other products from manufacturing affiliates in Puerto Rico and the Dominican Republic when its second U.S. Tax Court trial begins Nov. 2.
Federal More
The U.S. Department of Justice’s recent directive outlining corporate fraud enforcement priorities is mostly a management document instead of a policy, but one part may actually undermine the directive's goals... (more story)
In this week's Taxation With Representation, Penske Automotive Group Inc. agrees to be taken private by Motown Acquisition Corp., a GTCR-led group of private investment firms acquires software firm CCC Intelli... (more story)
Both plaintiffs and defendants in consumer class actions over tariff refunds should examine transfer pricing analyses, which can offer contemporaneous evidence as to how much of a tariff was borne in the U.S. ... (more story)
A Pennsylvania federal court won't sanction tax software company Avalara Inc. for destroying evidence in an employee poaching suit brought by a rival, as the judge adopted a special master's findings that the ... (more story)
The Trump administration's new data-driven and artificial intelligence-enabled push against tariff evasion raises the stakes for companies with global supply chains, making it crucial that they consider streng... (more story)
The U.S. Tax Court improperly concluded that a Texas woman narrowly missed a statutory filing deadline in seeking innocent spouse relief on federal income taxes and shouldn't have dismissed her case, she told ... (more story)
Democratic senators called on Meta CEO Mark Zuckerberg to explain why he's justifying the use of billions in federal research tax credits to pay for building the company's AI data centers, warning that doing s... (more story)
State & Local More
NJ Gov. Sherrill Taps Local Prosecutors For Judgeships
Three New Jersey municipal prosecutors are among Gov. Mikie Sherrill's picks for seats on the state bench, and two county enforcers have received her support for new terms in their roles.
Allowed To Usurp A Power Of Congress: SALT In Review
From a defeat in court for challengers of a New Jersey rule on businesses online to a proposed supermajority requirement in Iowa, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
Ga. Justices Deem Fire Fee Illegal, Back $30M In Refunds
A Georgia county must issue more than $30 million worth of refunds and interest to property owners to whom it charged a fire protection fee, the state's high court affirmed Wednesday, finding the fee constitut... (more story)
What Lawyers Should Know Before Accepting Crypto Payment
As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should consider how only a handful of state bar authorities have addressed the issue with varying eth... (more story)
NYC Fights To Avoid Restarting 2nd-Home Tax Rollout
New York City asked a state appeals court to reverse a decision finding it must restart the rollout of its tax on high-value second homes, saying a group of property owners' complaints weren't fit for court review.
Nelson Mullins Adds Ex-Berger Singerman Tax And Estate Pro
Nelson Mullins Riley & Scarborough LLP has hired a new partner from Berger Singerman to bolster its international tax, estate planning and private wealth capabilities in Miami.
CEO Says Ex-NJ AG Not Immune In Failed RICO Case Suit
The CEO of an affordable housing developer indicted in a now-dismissed racketeering case against South Jersey power broker George Norcross has pushed back against former New Jersey Attorney General Matthew Pla... (more story)
Three New Jersey municipal prosecutors are among Gov. Mikie Sherrill's picks for seats on the state bench, and two county enforcers have received her support for new terms in their roles.
From a defeat in court for challengers of a New Jersey rule on businesses online to a proposed supermajority requirement in Iowa, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
A Georgia county must issue more than $30 million worth of refunds and interest to property owners to whom it charged a fire protection fee, the state's high court affirmed Wednesday, finding the fee constitut... (more story)
As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should consider how only a handful of state bar authorities have addressed the issue with varying eth... (more story)
New York City asked a state appeals court to reverse a decision finding it must restart the rollout of its tax on high-value second homes, saying a group of property owners' complaints weren't fit for court review.
Nelson Mullins Riley & Scarborough LLP has hired a new partner from Berger Singerman to bolster its international tax, estate planning and private wealth capabilities in Miami.
The CEO of an affordable housing developer indicted in a now-dismissed racketeering case against South Jersey power broker George Norcross has pushed back against former New Jersey Attorney General Matthew Pla... (more story)
International More
Rajasthan Royals Owner Settles UK Investors' Tax Dispute
Three U.K.-based investors have settled their claim against an owner of India's Rajasthan Royals cricket team who they alleged misled them over the tax consequences of selling their shares and a $300 million v... (more story)
Gov't Must Not Tax Bereaved Families Over Pension Delays
A former U.K. pensions minister has called on the government to ensure that the administrative backlog in civil service pension payouts does not leave the families of deceased civil service pensioners exposed ... (more story)
UK Gov't Expected To Raise Bank Taxes In Autumn Budget
The U.K.'s Labour government is preparing to raise taxes on banks in the autumn budget, according to a newspaper report, including a possible hike to the bank levy.
HMRC Probes Of Soccer Clubs Raise £87M In Tax
The U.K.'s tax authority recovered £87 million ($115 million) in extra tax from inquiries into soccer clubs in fiscal year 2025-26, according to data published Thursday.
Trustee Asks 1st Circ. To Nix Shuttered Bank Owner's Claims
A Puerto Rico federal court properly dismissed claims against a trustee appointed to administer the receivership of a shuttered online bank suspected of facilitating tax evasion and money laundering, he told t... (more story)
Full Fed. Circ. Won't Review Brick Duty Definition Holding
The Federal Circuit said Wednesday that it won't reconsider its determination that the U.S. Court of International Trade properly found duty orders on certain heat-resistant bricks lack specific chemical makeu... (more story)
Canadian Mining Co., Mexico Move To Settle $1.3B Tax Feud
A Canadian mining company reached an agreement in principle with Mexico to settle a dispute over the validity of transfer pricing arrangements for offshore silver dealings by the company's subsidiary that have... (more story)
Three U.K.-based investors have settled their claim against an owner of India's Rajasthan Royals cricket team who they alleged misled them over the tax consequences of selling their shares and a $300 million v... (more story)
A former U.K. pensions minister has called on the government to ensure that the administrative backlog in civil service pension payouts does not leave the families of deceased civil service pensioners exposed ... (more story)
The U.K.'s Labour government is preparing to raise taxes on banks in the autumn budget, according to a newspaper report, including a possible hike to the bank levy.
The U.K.'s tax authority recovered £87 million ($115 million) in extra tax from inquiries into soccer clubs in fiscal year 2025-26, according to data published Thursday.
A Puerto Rico federal court properly dismissed claims against a trustee appointed to administer the receivership of a shuttered online bank suspected of facilitating tax evasion and money laundering, he told t... (more story)
The Federal Circuit said Wednesday that it won't reconsider its determination that the U.S. Court of International Trade properly found duty orders on certain heat-resistant bricks lack specific chemical makeu... (more story)
A Canadian mining company reached an agreement in principle with Mexico to settle a dispute over the validity of transfer pricing arrangements for offshore silver dealings by the company's subsidiary that have... (more story)