Tax

  • May 22, 2026

    Ex-Prosecutor Among Latest To Challenge Trump 'Slush Fund'

    A former federal prosecutor who worked on Jan. 6, 2021, insurrection cases sued Friday over the $1.8 billion "anti-weaponization" fund created by President Donald Trump's settlement with the Internal Revenue Service, calling it a "slush fund" that's "on a collision course with the United States Constitution."

  • May 22, 2026

    Bears' Best Gameplan: Playing Ill. And Ind. Off Of Each Other

    Creating a multibillion-dollar competition between Illinois and Indiana to build the Chicago Bears' new stadium is a strategy that has become increasingly popular among pro franchises that can leverage tax and financial incentives, and even real estate deals.

  • May 22, 2026

    Ex-CEO Imprisoned With Lindberg Urges Lenient Sentence

    A former CEO who was previously incarcerated with embattled insurance mogul Greg Lindberg told a North Carolina federal judge of the billionaire's "humanity" and "generosity" in a character letter to the court ahead of his sentencing on federal wire fraud and bribery charges.

  • May 22, 2026

    Meta Says IRS Must Stipulate To Court Findings In Facebook

    The Internal Revenue Service is required to accept statements from the U.S. Tax Court's opinion and other items from the record of litigation with Facebook Inc. in its current dispute with the company's successor, Meta Platforms Inc., the company argued.

  • May 22, 2026

    Tenn. Extends Retroactive Tax Break Window For Nonprofits

    Tennessee extended the time frame for eligible nonprofit entities to retroactively apply a property tax exemption under a bill signed by the governor.

  • May 22, 2026

    $30M In Tax Fraud Penalties Didn't Need Juries, Justices Told

    The IRS did not violate a group of taxpayers' rights to jury trials when it hit them with more than $30 million in penalties for tax fraud, the agency told the U.S. Supreme Court, maintaining that the Eleventh Circuit's decision to deny them juries should stand.

  • May 22, 2026

    Wis. Justices Turn Away Skechers' License Deal Tax Fight

    Wisconsin's top court let stand a ruling that found Skechers USA lacked purpose — other than avoiding taxes — for creating a subsidiary and entering into transactions with it that resulted in the company claiming nearly half a billion dollars in deductions in the state.

  • May 22, 2026

    NFL's Bears Bury Idea Of Putting New Stadium In Chicago

    The National Football League's Chicago Bears said the team is no longer looking to build a new stadium in the city of Chicago as they weigh a move to either Arlington Heights, Illinois, or Hammond, Indiana.

  • May 22, 2026

    Cannabis Grower Challenges Colorado's Pot Tax Calculus

    Colorado's marijuana regulator used an "unlawful" method for calculating average market rates of cannabis that resulted in inflated excise taxes being assessed against state-licensed operators, a proposed class action filed Thursday in Denver state court alleges.

  • May 22, 2026

    Pension Plans Can't Shake Belgium's $144M Tax Fraud Suit

    A group of pension plans and associated individuals cannot use timing limitations to quickly dismiss the Belgian government's suit alleging they fraudulently claimed about €124 million ($144 million) in tax refunds on dividends, a New York federal court said.

  • May 22, 2026

    Eversheds Sutherland Tax Atty Moves To Greenberg Traurig

    Greenberg Traurig LLP has hired in Washington, D.C., a former Eversheds Sutherland counsel who advises clients on state and local tax controversies, tax planning and tax policy matters, the firm has announced.

  • May 22, 2026

    Prosecutors Seek $1.98M Forfeiture In Goldstein Case

    Federal prosecutors are seeking a nearly $2 million forfeiture judgment against convicted SCOTUSblog founder Tom Goldstein and asking a Maryland federal judge to turn the Supreme Court lawyer's Northwest D.C. home over to the government to pay it.

  • May 22, 2026

    Taxation With Representation: Goodwin, McGuireWoods

    In this week's Taxation With Representation, Equity Residential and AvalonBay Communities Inc. combine, investment firms CVC and Groupe Bruxelles Lambert lead a group of investors to buy pharmaceuticals company Recordati SpA, and NextEra Energy and Dominion Energy merge.

  • May 22, 2026

    SC Authorizes Local Sales Tax To Provide Property Tax Relief

    Municipalities in three South Carolina counties will be authorized to impose sales taxes of up to 1% to provide property tax relief, with local voter approval, under legislation signed by the governor.

  • May 21, 2026

    DC Circ. Seeks Trump Admin Input On $5B Award Case

    The D.C. Circuit on Thursday sought the views of the Trump administration on a crucial component of Russia's sovereign immunity defense as the appeals court weighs jurisdiction in litigation to enforce a nearly $5 billion arbitral award against the Kremlin, which was issued to Yukos Oil Co.'s financing arm.

  • May 21, 2026

    Goldstein Taps Ex-SG Prelogar Before Sentence, Likely Appeal

    One of the nation's most accomplished oral advocates, Tom Goldstein, revealed Thursday he has retained another of the nation's most accomplished oral advocates, Elizabeth Prelogar, ahead of his sentencing and likely appeal in a criminal tax case that has captivated the appellate bar.

  • May 21, 2026

    Minnesota Tribal Land Trust Order Was Biased, 8th Circ. Told

    Morrison County, Minnesota, and two townships are seeking to vacate a decision to take about 3,238 acres into trust for the Mille Lacs Band of Ojibwe, arguing it was based on a biased process in which the tribe pays Bureau of Indian Affairs' salaries to process trust requests.

  • May 21, 2026

    Baltimore Atty Not Liable For Client's Taxes, 4th Circ. Told

    A Baltimore attorney is challenging a court's order that he cover unpaid federal income taxes owed by his client's holding company, telling the Fourth Circuit on Thursday that the government is wrongly using the Federal Priority Statute as a workaround for the Federal Tax Lien Act.

  • May 21, 2026

    Portugal Must Reclaim Illegal State Aid, EU Court Says

    The European Union's top court said Thursday that Portugal can't suspend tax enforcement proceedings against a company that benefited from unlawful state aid granted by the Madeira Free Zone.

  • May 21, 2026

    Amgen Wants To Preserve Right To Seek Double Tax Relief

    Drugmaker Amgen wants to preserve its right to seek a refund for tax years 2010 through 2015 if the IRS "persists" in taking a position inconsistent with the agency's own arguments pertaining to those years in its audit of 2016 to 2018, the company told the U.S. Tax Court.

  • May 21, 2026

    Intuit's PTAB Win On Browsing Patent Upheld At Fed. Circ.

    The Federal Circuit on Thursday approved a Patent Trial and Review Board decision that held a patent owned by Samesurf Inc. that was asserted against TurboTax maker Intuit Inc. was invalid, rejecting Samesurf's arguments that an improper claim construction was used.

  • May 21, 2026

    EPPO Conducts Searches In €2.6M VAT Fraud Case

    Authorities across Europe have searched several properties tied to a €2.6 million ($3 million) value-added tax fraud by suspects whom the European Public Prosecutor's Office believe are linked to other VAT frauds worth hundreds of millions of euros, the office said Thursday.

  • May 21, 2026

    UK To Block Foreign Co. Losses From Lowering Domestic Tax

    The U.K. will require companies to exempt profits and losses attributed to a foreign permanent establishment from domestic taxation beginning next year, HM Revenue & Customs said Thursday.

  • May 21, 2026

    Iowa Caps Property Tax Revenue For Localities

    The amount of property tax revenue that can be raised by an Iowa city or county will be limited beginning in 2026 under a bill signed by the governor. 

  • May 21, 2026

    ECJ Adviser Backs Challenge To Sweden's Bank Risk Tax

    The European Union's lower court was wrong to uphold Sweden's risk tax on the country's largest credit institutions, an adviser to the bloc's top court said Thursday, because the levy could create a potential selective advantage for untaxed companies.

Expert Analysis

  • Series

    The Law Firm Merger Diaries: Making The Case To Combine

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    When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.

  • Global Net-Zero Shipping Framework Faces Rough Waters

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    The decision of the International Maritime Organization's Marine Environment Protection Committee to delay its proposal for reducing greenhouse gas emissions from ships, in the face of strenuous U.S. objections, highlights the importance of proactive engagement with policymakers and strategic planning for different compliance scenarios, say attorneys at Blank Rome.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.

  • Opinion

    Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar

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    Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.

  • 8th Circ. Decision Shipwrecks IRS On Shoals Of Loper Bright

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    The Eighth Circuit’s recent decision invalidating transfer pricing regulations in 3M Co. v. Commissioner may be the most significant tax case implementing Loper Bright's rejection of agency deference as a judicial tool in statutory construction, says Edward Froelich at McDermott.

  • Rule Amendments Pave Path For A Privilege Claim 'Offensive'

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    Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.

  • Series

    My Miniature Livestock Farm Makes Me A Better Lawyer

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    Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.

  • Litigation Funding Could Create Ethics Issues For Attorneys

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    A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.

  • SEC's Dual Share Class Approval Signals New Era For ETFs

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    The U.S. Securities and Exchange Commission's recent approval of the dual share class structure marks a landmark moment for the U.S. fund industry, opening the door for asset managers to benefit from combining mutual fund and exchange-traded fund share classes under a single portfolio, say Ilan Guedj at Bates White and Brian Henderson at George Washington University.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • What To Do If A Retirement Plan Participant Is Deported

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    Given recent immigration policy changes in the U.S., many businesses are experiencing employee deportations, but retirement plan administrators should still pay and report benefits to avoid violating the plan, the Employee Retirement Income Security Act or tax reporting requirements, says Teri King at Smith Gambrell.

  • Series

    Building With Lego Makes Me A Better Lawyer

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    Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

  • Defeating Estoppel-Based Claims In Legal Malpractice Actions

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    State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.

  • Series

    The Biz Court Digest: How It Works In Massachusetts

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    Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.

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