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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.