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Latest News in Tax
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July 08, 2026
A person classified as liable for paying value-added taxes in one European Union member country owed by an entity established in another member country cannot also be held jointly and severally liable for those taxes, the EU's top court said Wednesday.
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July 08, 2026
A Colorado county violated the state's constitution by continuing to increase its property tax mill without voter approval and failing to reduce the levy or refund taxpayers when excess revenue was collected, a taxpayer told a state court.
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July 08, 2026
Australia is seeking feedback on plans to introduce a 30% minimum tax on taxable income held in discretionary trusts, the Department of the Treasury said in a consultation.
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July 08, 2026
For wind and solar projects that sprinted to begin construction before the accelerated placed-in-service deadline of July 4, project owners must now assemble and maintain documentation to qualify the project and defend against a potential clean energy credit audit, says Peter Lowy at Nelson Mullins.
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July 08, 2026
Former property owners seeking surpluses from Wayne County tax foreclosure proceedings got a partial restriction of the county's settlement practices when a Michigan federal judge ruled Tuesday that former owners must be notified of a pending constitutional challenge before the county seeks releases beyond state law claims.
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