Tax

  • April 13, 2017

    Bigger Fed. Tax Break May Mean Less State Revenue: Report

    Proposed increases to the federal standard tax deduction for households could result in decreased revenues for a dozen states unless they change their own tax laws, according to a report Wednesday from the Pew Charitable Trusts.

  • April 13, 2017

    Fla. High Court Nixes Satellite Cos.' Tax Rate Challenge

    The Supreme Court of Florida reversed an order finding the state's differential tax rate for satellite and cable services is unconstitutional, ruling Thursday that the tax does not discriminate against satellite providers in violation of the U.S. Constitution's Commerce Clause.

  • April 13, 2017

    EU Court OKs Penalizing Cos., Reps For Same Tax Offense

    The representatives of two Italian companies who are each accused of not paying more than €1 million ($1.06 million) in value-added taxes will likely have to face criminal proceedings even though administrative penalties were assessed against the companies for the same alleged offense.

  • April 13, 2017

    FCC's O'Rielly Urges 'Caution' On Broadband Fees For 911

    Federal Communications Commissioner Michael O'Rielly on Wednesday expressed hesitancy toward suggestions that new fees on broadband or internet service providers could fund next-generation 911 services, saying that the approach could also have its drawbacks.

  • April 13, 2017

    Pa. E-Cig Shop Urges Court To Preserve Suit Over State Tax

    A Pennsylvania vape shop challenging a state tax on e-cigarettes and nonvape-specific components like batteries urged a federal court on Thursday not to dismiss its suit, arguing it has plausibly shown the state’s 40 percent tax is so extreme that it threatens to drive the shop out of business.

  • April 13, 2017

    Porzio Bromberg Nabs Former Asst. US Atty As Principal

    Porzio Bromberg & Newman PC has welcomed former federal prosecutor William “Bill” J. Hughes Jr. as a principal in the firm’s Morristown, New Jersey, outpost, where he’ll spearhead its new white collar practice.

  • April 13, 2017

    Comptroller Can't Duck Convenience Stores' Tax Challenge

    A small chain of convenience stores that was hit with a 50 percent penalty for underpaying sales tax following an audit by the Texas Comptroller's Office can move forward with a claim challenging the constitutionality of a series of tax laws, a state appeals court held Thursday.

  • April 13, 2017

    Pa. Court Affirms 7-Eleven's Franchise Fee Tax Dispute Win

    A Pennsylvania appeals court issued a published decision Thursday agreeing that a suburban Philadelphia municipality had imposed an unconstitutional tax after improperly concluding that fees paid by 7-Eleven Inc. franchisees in the state were exclusively the result of in-state, and not interstate, commerce.

  • April 13, 2017

    Calif. Court Gives Investor 2nd Crack At Fees In Tax Row

    A California appeals court has given a real estate investor a second shot to recoup $160,000 in costs he incurred trying to win a hearing over a property tax adjustment, finding the trial court improperly ruled his efforts to obtain a hearing did not concern an important right affecting the public interest.

  • April 13, 2017

    Covington & Burling Adds Ex-Tyco Counsel In M&A Practice

    The former in-house counsel in charge of mergers and acquisitions for Tyco International PLC, including the Irish fire and security systems company’s $16.6 billion tax inversion with Johnson Controls, has joined Covington & Burling LLP in Washington, D.C.

  • April 12, 2017

    Minn. High Court Says CEO Personally Liable For Sales Tax

    The Minnesota Supreme Court on Wednesday concluded that the CEO of a company through which his son operated a restaurant was personally liable for its unpaid sales taxes because he was still sufficiently active in the establishment’s operations and signed its tax forms, reversing a state tax court’s decision.

  • April 12, 2017

    3rd Circ. Revives Ex-Vanguard Atty's Dodd-Frank Claim

    The Third Circuit partially revived on Wednesday a wrongful termination suit brought by a former in-house tax attorney for Vanguard Group Inc. who tried to blow the whistle on alleged violations of corporate and tax laws, finding that a ruling in the attorney’s state court suit doesn’t preclude him from pursuing a Dodd-Frank claim in federal court.

  • April 12, 2017

    Oracle Denies Avoiding $275M In Taxes In South Korea

    Information technology giant Oracle Corp. on Wednesday denied allegations that it dodged taxes in South Korea by shifting profits to an Irish subsidiary, amid reports that it owes nearly 315 billion South Korean won ($275 million) in corporate taxes.

  • April 12, 2017

    Big Biz Presses Trump To Continue ACA Subsidies

    Top business groups, including the U.S. Chamber of Commerce, on Wednesday urged President Donald Trump and Congress to quickly ensure that billions of dollars in Affordable Care Act subsidies aren’t curtailed.

  • April 12, 2017

    St. Louis Wants Damages From NFL, Teams Over Rams Exit

    The city of St. Louis hit the National Football League, its 32 teams and their owners with a lawsuit in Missouri state court on Wednesday, seeking to recoup losses it says resulted from the Rams’ move to Los Angeles last year.

  • April 12, 2017

    GOP Tax Plans Reward Wealthy Tax Dodgers, Oxfam Says

    GOP proposals for comprehensive tax reform would reward corporate tax dodgers at the expense of poor communities in the United States and abroad, according to a report released on Wednesday by nonprofit anti-poverty organization Oxfam.

  • April 12, 2017

    Wash. Tea Party Org. Tax-Exempt As IRS Fight Continues

    Seven years after the original application, the IRS has granted nonprofit status to a Washington tea party group that is among those that have sued the government for alleged politically motivated targeting by the agency, according to the organization representing the groups in court.

  • April 12, 2017

    CIT Nixes Customs' Use of 'Wrench' In Tool Tariff Row

    The U.S. Court of International Trade on Wednesday rejected U.S. Customs and Border Protection’s classification of a tool company’s imports as wrenches, which have a higher duty than the pliers or vise classifications the company sought, finding the tools at issue lacked the qualities of a wrench.

  • April 12, 2017

    Trump Aversion To Border Tax Idea May Be A Language Issue

    President Donald Trump suggested Wednesday that his antipathy toward a controversial Republican proposal for taxing imports may have more to do with linguistics than substantial policy reasons, while also noting that instituting new health care policies will be tackled before revamping tax laws after all.

  • April 12, 2017

    ETE Says Del. High Court Had 'Minor' Effect On Counterclaim

    Energy Transfer Equity LP told a Delaware Chancery judge Tuesday that a recent Delaware Supreme Court ruling on the pipeline company's freedom to exit a $38 billion merger with The Williams Cos. leaves ETE's $1.5 billion in counterclaims against Williams untouched.

Expert Analysis

  • Lateral Partner Hiring: Time To Look In The Mirror

    Howard Flack

    The surveys that report lateral partner hiring as more or less a 50-50 proposition keep being published, and yet the lateral partner market is as robust as ever. So, what are firms looking at to measure their success and justify the level of investment they continue to make in the lateral market? asks Howard Flack of Volta Talent Strategies LLC.

  • Opinion

    Untold Stories: Trump's Budget Would Silence Legal Services

    Kevin Curnin

    President Trump's draft budget proposes total defunding of the Legal Services Corporation. Yet leaders of over 160 of the nation's top law firms and 185 general counsel from leading corporations, who make their living at the intersection of business and law, make the case that destroying the LSC is bad for both, says Kevin Curnin of the Association of Pro Bono Counsel.

  • In Congress: Gorsuch And The 'Nuclear Option'

    Richard Hertling

    There remain institutional voices seeking to avoid a showdown over the nomination of Judge Neil Gorsuch, but for now it is likely that by the end of the week the nation will have a new member of the U.S. Supreme Court and the Senate minority will have lost another tool, say Richard Hertling and Kaitlyn McClure of Covington & Burling LLP.

  • A Law Firm’s Guide To Social Media

    Julie Bagdikian

    Bear in mind that the internet seldom forgets and never forgives, and you are just one screen grab from a meme. A law firm's core messages and unique selling points must be clearly determined before embarking on a social media strategy, says Julie Bagdikian of The Pollack PR Marketing Group.

  • Series

    Advocate For An Agency: Ex-FERC GC Cynthia Marlette

    Cynthia Marlette.jpg

    Cynthia Marlette, the Federal Energy Regulatory Commission's general counsel from 2001 to 2005 and from 2007 to 2009, reflects on how she addressed the job's many responsibilities, including advising the commission on laws and enforcement actions, developing policy, seeking consensus among commissioners, and overseeing defense of agency actions in court, as well as dealing with historic events like the California energy crisis.

  • Are Your In-House Lawyers Happy?

    Aric Press

    What is the mood of the nation’s in-house lawyers? Aric Press — a partner at Bernero & Press LLC and former editor-in-chief of The American Lawyer — shares the findings of a recent survey of more than 800 in-house counsel.

  • How The IRS Reconstructs Income In Tax Fraud Cases

    Michael DeBlis III

    Anyone who has ever faced off against the U.S. Internal Revenue Service knows that the agency has an array of tools to determine what a taxpayer owes. Deductions, expenditures, bank deposits and other methods may be used to reconstruct a taxpayer's putative income, but certain standards of proof must be met to successfully prosecute a tax evasion case in court, says Michael DeBlis III of DeBlis Law.

  • Google, NASA, Planes And A Stronger Legal Team

    Nicholas Cheolas

    Why did minor mechanical issues bring down two airplanes, while a catastrophic engine explosion did not bring down a third? The answers lie, in part, in research conducted by NASA in the wake of those crashes and, more recently, by Google. And those answers can help organizations build better teams to meet today’s legal industry challenges, says Nicholas Cheolas of Zelle LLP.

  • 10 Tips For Better Legal Negotiations

    Marc J. Siegel

    Like everything else, the art of negotiation starts by having a conversation. It’s about being respectful, finding common ground, knowing what you want and, most importantly, listening. A conversation between two lawyers can be complicated at best, but by employing a few techniques and tactics, it doesn’t have to be that way, says Marc Siegel of Siegel & Dolan Ltd.

  • Monthly Column

    Gray Matters: Decision Error

    Gray Matters

    Lawyers make hundreds of decisions during the course of advising a client, consummating a transaction or litigating a case. In this new column, dispute resolution experts Bob Creo and Selina Shultz explore the theory, science and practical aspects of how decisions are made in the legal community.