Tax

  • August 14, 2026

    UN Seeks Input On Draft Tax Convention And Protocols

    The United Nations is seeking input on a draft version of its proposed framework international tax convention, a protocol on taxing cross-border services and conventions on dispute prevention and resolution, the body's Department of Economic and Social Affairs said Friday.

  • August 14, 2026

    Taxation With Representation: Miller Thomson, Bennett Jones

    In this week's Taxation With Representation, GO Residential Real Estate Investment Trust and a consortium of buyers acquire H&R Real Estate Investment Trust, insurance exchange Accelerant goes private in a deal with Thoma Bravo, and Goldman Sachs acquires NEOS Investments.

  • August 14, 2026

    Mass. Mayor Charged With $1.5M COVID-19 Loan Fraud

    The mayor of Lawrence, Massachusetts, faces federal charges for allegedly obtaining more than $1.5 million in COVID-19 small business loans and using the money to fund his campaign coffers, pay his taxes, and pay off nearly $900,000 in high-interest, hard-money mortgages on properties he owned.

  • August 13, 2026

    Split 11th Circ. Backs IRS $1M Value For Contested Easement

    A split Eleventh Circuit panel affirmed a decision to slash three Georgia landowners' conservation easement value from $18 million to $1 million Thursday, saying the U.S. Tax Court didn't need to determine the property's best use because the parties already agreed on that use.

  • August 13, 2026

    Texas Man Cops To Role In $43M Tax Shelter Scheme

    A Texas man pled guilty to conspiring to defraud the IRS by promoting and selling a fraudulent tax shelter in a scheme that resulted in a tax loss to the federal government of approximately $43 million, the U.S. Department of Justice said Thursday.

  • August 13, 2026

    5th Circ. Narrows Tax Break Ruling For Limited Partners

    A Fifth Circuit panel revised its ruling in a long-running feud over the self-employment tax exclusion for certain business partners, adjusting its interpretation of "limited partner" and narrowing its finding that a state's limited liability designation triggers the tax break.

  • August 13, 2026

    Africa Wants Precedence For UN Tax Pact's Dispute Protocol

    The 54-member African Group wants the United Nations tax convention's dispute protocol to supersede substantially similar mechanisms already in force unless parties agree otherwise, according to negotiations held Thursday.

  • August 13, 2026

    Trade Court Fine With Trump Ending De Minimis Tariff Break

    President Donald Trump's revocation of a de minimis exemption for low-value goods to enter the U.S. duty-free was allowed under a law that the U.S. Supreme Court separately determined could not otherwise authorize tariffs on its own, the Court of International Trade ruled Thursday.

  • August 13, 2026

    Rising Star: Covington's Brian Harris

    Brian Harris of Covington & Burling LLP represented companies from the world of biomedicine, retail and even sports after advising on the acquisition and relocation of the NHL's Arizona Coyotes in transactional tax matters, earning him a spot as one of the tax law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 13, 2026

    Trump Picks Ex-Arkansas SG, Walmart Lawyer For 8th Circ.

    President Donald Trump has announced that he's looking to elevate Judge Lee Rudofsky of the Eastern District of Arkansas to the U.S. Court of Appeals for the Eighth Circuit.

  • August 12, 2026

    $190K Or $1.9M? Goldstein, DOJ 'At Impasse' Over Forfeiture

    Tom Goldstein and the U.S. Department of Justice aired dramatically divergent views Wednesday of a looming financial penalty for his fraud convictions, with the famed appellate advocate voicing constitutional objections to the DOJ's request for almost $2 million and revealing that prosecutors spurned a far smaller offer.

  • August 12, 2026

    Trump Tells 11th Circ. Sanctions In IRS Case Must Be Paused

    President Donald Trump urged the Eleventh Circuit on Wednesday to halt sanctions imposed by a lower court over an immunity deal that would have given him broad protections from federal tax audits and investigations, arguing he and the government have distinct interests.

  • August 12, 2026

    Conn. Justices OK Tax Penalty For Failure To File Form

    A Connecticut town didn't err when it assessed a tax penalty on a property owner that failed to file an income report requested by the town's assessor, even though the assessor had sent the form to an old address, the state Supreme Court affirmed Wednesday.

  • August 12, 2026

    Rising Star: Cleary's Kylie Barza

    Kylie Barza of Cleary Gottlieb Steen & Hamilton LLP has advised on several billion-dollar transactions, including Alphabet's $4.75 billion acquisition of Intersect Power, which closed in 2026, earning her a spot among the tax law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 12, 2026

    Nations Want AI Covered In UN Tax Pact's Services Protocol

    Nations want artificial intelligence covered in a protocol on cross-border services under the proposed United Nations Framework Convention on International Tax Cooperation, according to negotiations.

  • August 12, 2026

    Steel Tariff Exemption Denial Lacks Backing, Trade Court Says

    The U.S. Department of Commerce wrongly relied on "vague statements" from an objector to reject requests to exempt certain products from a 25% tariff on steel, the U.S. Court of International Trade said Wednesday, ordering reconsiderations.

  • August 11, 2026

    FinCEN Permanently Rolls Back CTA Reporting Requirement

    The U.S. Department of the Treasury's financial crimes unit on Tuesday issued a final rule permanently narrowing reporting regulations under the Corporate Transparency Act, enshrining a regulatory rollback that exempts domestic shell companies from reporting their beneficial ownership information.

  • August 11, 2026

    Goldstein Unveils Cooley Appeal Team

    Thomas Goldstein has unveiled an experienced lineup of appellate lawyers he'll turn to in his bid to overturn 12 tax and mortgage fraud convictions, featuring several attorneys with extensive U.S. Supreme Court experience.

  • August 11, 2026

    Domino's Franchisee, IRS Near Deal In Penalty Dispute

    A Domino's Pizza franchisee and the federal government have mostly agreed in principle on a deal to settle the franchisee's suit alleging the IRS owes it $1.6 million in tax refunds for penalties related to failures to report its employee health coverage plan, the company told a Hawaii federal magistrate judge.

  • August 11, 2026

    Nations Concerned By Nexus For Service Fees In UN Tax Pact

    Some nations expressed concern that overlapping claims to source-taxation rights could arise under the nexus rules within the United Nations framework tax convention's draft protocol on cross-border services, according to negotiations Tuesday.

  • August 11, 2026

    Fed. Circ. Says Brick Duty Lacks Definition, Offers Alternative

    The U.S. Court of International Trade properly found that duty orders on certain heat-resistant bricks lack specific chemical makeup parameters, offering a broad exclusion for one type of brick that may be better challenged with a circumvention proceeding, a Federal Circuit panel ruled Tuesday.

  • August 11, 2026

    NYC Keeps 2nd Home Tax On Target After Court Halts Rollout

    New York City moved to halt a judge's ruling that temporarily paused the rollout of its tax on high-value second homes, preserving the tax's implementation and current deadline for individuals to challenge the city's initial determinations about which properties may be subject to the levy.

  • August 11, 2026

    Rising Star: Kirkland's William Dong

    Kirkland & Ellis LLP's William Dong has served as lead tax counsel on several multibillion-dollar deals spanning industries, including a $4.75 billion sale of a data center and energy infrastructure developer to a tech giant, earning him a spot as one of the tax attorneys under age 40 honored by Law360 as Rising Stars.

  • August 11, 2026

    Campbell's Soup Targeted In Tariff Refund Suit Blitz

    The Campbell's Co. is the latest business to be hit with a proposed class action from consumers seeking to be reimbursed for the inflated costs the food company charged in response to President Donald Trump's now-struck-down global tariffs.

  • August 10, 2026

    Trump Pick Confirmed To NCUA As Hauptman Joins PCAOB

    The National Credit Union Administration is poised for new leadership after senators on Friday confirmed Trump nominee John Crews to its board, whose acting Chairman Kyle Hauptman has departed for a seat on the Public Company Accounting Oversight Board.

Expert Analysis

  • Series

    Being A Magician Makes Me A Better Lawyer

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    The skills I've developed as a lifelong magician have translated directly into tangible benefits in the courtroom because performing magic and trying cases both live at the intersection of psychology, storytelling, timing and disciplined rehearsal, says Mark Dombroff at Fox Rothschild.

  • A 3-Part Blueprint For Sentencing Variance Arguments

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    Tom Goldstein’s upcoming sentencing provides a useful lens for defense practitioners seeking a variance from the guidelines range, serving as a reminder to distinguish those requests from guidelines challenges and build an evidence-based case well before the hearing, says Joseph De Gregorio of Sentencing Advocacy Group.

  • Series

    Mich. Banking Brief: All The Notable Legal Updates In Q2

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    The second quarter brought several notable financial services law developments to Michigan, including a U.S. Supreme Court ruling on state tax foreclosures, progress on a money transmission modernization bill package, and continued legislative momentum on cryptocurrency and mortgage lending, say attorneys at Dykema.

  • Series

    Bass Fishing Makes Me A Better Lawyer

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    Landing a trophy striped bass and closing a big deal both require cultivating the patience to finesse — not force — your way to desired outcomes, changing course when your old approach isn’t working and learning from the ones that got away, says Jon Ruiss at Alston & Bird.

  • Roundup

    The Most Talked-About Supreme Court Decisions Of 2026

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    This term, 11 U.S. Supreme Court decisions quickly became hot topics among Law360's guest writers.

  • Proof, Not Just Timing, Will Decide Clean Energy Credits

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    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.

  • Series

    Choral Singing Makes Me A Better Lawyer

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    Singing in the New York City Bar Chorus — a hobby partly inspired by the late U.S. District Judge Richard Owen, who infused my clerkship year with opera music — has improved my legal career by refining my abilities to listen, exude confidence and develop emotional intelligence, says Bonnie Baker at Friedman Kaplan.

  • Attorney Mental Health Is An Ethical Obligation In The AI Era

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    As attorneys cope with the increasing unpredictability that artificial intelligence and constant policy changes have created, particularly in practice areas where they carry the emotional weight of clients’ most consequential life events, otherwise soft discussions about self-care are a matter of professional competence, says attorney Jack Jrada.

  • Tariff Refunds May Reshape Loan Covenant Calculations

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    Tariff refunds issued after the U.S. Supreme Court's Learning Resources decision may complicate borrowers' covenant calculations depending on accounting treatment, the timing of recognition, customer reimbursement obligations and credit agreement language, say attorneys at Mayer Brown.

  • Series

    Power To The Paralegals: Burnout As A Structural Problem

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    Law firm leadership can best retain their paralegals not by encouraging self-care, but by seeking top-down structural solutions for the quiet proliferation of responsibilities and the vicarious exposure to client trauma that particularly drive burnout in this vital role, says Erika Sneeringer at Brockstedt Mandalas.

  • Managing Post-IEEPA Tariff Refunds, Replacements And Risks

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    Companies and investors reeling from the rapid changes resulting from February's U.S. Supreme Court ruling that the International Emergency Economic Powers Act doesn't authorize tariffs should focus on understanding the duty refund process, the likely replacement tariffs and the operational ways they can minimize their tariff exposure, say attorneys at Debevoise.

  • Ill. Law Firm MSO Bill Clashes With Court Power, Ethics Rules

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    An Illinois bill prohibiting law firms from certain business arrangements with management service organizations, sent to the governor for signature last week, encroaches upon the courts' constitutional powers and goes beyond the Illinois Rules of Professional Conduct in regulating investment in law-related services, says Matthew O’Hara at Smith Gambrell.

  • Opinion

    State Courts Must Be Gatekeepers Of Expert Testimony

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    Based on my experience in the state judiciary, emulating federal courts' role as gatekeepers of expert witness testimony would help state court judges maintain the appearance of impartiality and assist juries, thus enhancing the overall confidence people have in their justice system, says Lorie Gildea at Greenberg Traurig.

  • Series

    Moshing Makes Me A Better Lawyer

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    Entering a mosh pit is much like entering the practice of law — it is difficult, you have to know both the written and unwritten rules, and conduct yourself according to the expectations of each community, says Christopher Deubert at Constangy Brooks.

  • Why Highly Specialized Experts May Risk Exclusion At Trial

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    Expert witnesses with highly specific areas of focus may be vulnerable to exclusion in court, making it important for attorneys to check how potential witnesses' qualifications can be bolstered by their publications and other professional activities, say Evan Weisberg and Christopher Cunio at Hunton, and Kevin Cahill at FTI Consulting.

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