Tax

  • May 16, 2025

    Refocus Global Tax Policy On Bilateral Treaties, Attys Say

    Global tax policymakers at the OECD and United Nations should return to their original focus of advancing bilateral tax treaties among the countries they cater toward, attorneys said Friday.

  • May 16, 2025

    Work Agency Loses VAT Deregistration Appeal Over Tax Fraud

    An agency worker supply company has lost its latest bid to challenge a decision by the U.K. tax authority to cancel its VAT registration over its alleged links to a tax fraud scheme, as a London appeals court refused its bid on Friday.

  • May 16, 2025

    Mich. Farm Gets Only Partial Exemption, Court Says

    A Michigan property that has farmland, an apple orchard and an area used for tourism activities is eligible for only a partial agricultural exemption, the state appeals court ruled.

  • May 16, 2025

    Taxation With Representation: Blakes, Davies, Goodmans

    In this week's Taxation With Representation, Charter Communications Inc. merges with Cox Communications, Hub International Ltd. boosts its valuation after securing an investment, Pan American Silver Corp. acquires Mag Silver Corp. and Robinhood buys WonderFi.

  • May 16, 2025

    Holland & Knight Welcomes Tax Partner in Philadelphia

    A new partner has joined Holland & Knight LLP's Philadelphia office and will help lead its state and local tax team, the firm announced.

  • May 15, 2025

    Ga. Atty Gets 16 Months For Role In $1.3B Tax Shelter Scheme

    A Georgia attorney has been sentenced to 16 months in federal prison and slammed with an $8 million bill after pleading guilty to helping orchestrate a $1.3 billion tax scheme involving fraudulent conservation easements.

  • May 15, 2025

    Unions, Groups Seek Injunction To Block Gov't Restructuring

    A California federal judge must greenlight a nationwide injunction to stop multiple federal agencies from moving ahead with implementing reorganization and mass termination plans linked to an executive order, a coalition of unions and groups argued, making their request on the heels of a temporary restraining order.

  • May 15, 2025

    FTZ Holding Can't Stop Duty Refund Clock, Trade Court Rules

    The U.S. Court of International Trade ruled Thursday that a cigarette distributor waited too long to seek out duty refunds on its product, explaining that products being held for several years in a foreign-trade zone did not prevent the statutory clock from running.

  • May 15, 2025

    Ohio Court Upholds Home's $450K Value Based On Sale

    The Ohio tax appeals board didn't err in determining that a couple's home was correctly assessed at $450,000 based on its 2020 sale price, a state appeals court said in an opinion released Thursday.

  • May 15, 2025

    House Tax Bill's Foreign Rules May Finish Off Energy Perks

    House Republicans' mammoth tax bill proposes phasing out two popular clean electricity business tax credits, but additional restrictions on eligible development projects' foreign business ties could have the same effect as immediately repealing them.

  • May 15, 2025

    Conservatives Challenge Title Of Colo. Tax Cut Initiative

    A proposed Colorado ballot measure to reduce the state income tax rate by one-hundredth of a percentage point was assigned an unlawfully confusing title by a state board, the conservative activists behind the initiative charged in a petition to the state Supreme Court.

  • May 15, 2025

    Minn. Justices Affirm $9M Medical Building Tax Valuation

    A Minnesota medical building was correctly valued by the state tax court, the state Supreme Court said Wednesday, affirming a decision that boosted the building's original valuation by more than $1 million.

  • May 15, 2025

    Hawaii Justices Won't Review Honolulu Property Class Case

    The Hawaii Supreme Court declined to review an appellate court decision that found a special Honolulu property class did not violate the state and country's equal protection clause.

  • May 15, 2025

    Penalty Challenge In $14M Estate Tax Case Heads To Trial

    A woman who failed to file a tax return for her brother's nearly $14 million estate can move forward with a suit challenging the ensuing IRS penalties, a Rhode Island federal judge ruled, saying a jury might excuse the mistake by finding she relied on flawed legal advice.

  • May 14, 2025

    Lawmakers Line Up To Unwind Trump's 'Chaotic' IEEPA Tariffs

    Nearly 150 members of Congress have thrown their support behind 12 state attorneys general suing to halt the Trump administration's "emergency" tariffs, arguing they far exceed the statutory authority of a president.

  • May 14, 2025

    House Panel To Fold $3.8T Tax Overhaul Into Budget Package

    The House Budget Committee has scheduled a vote Friday on legislation that would combine the House Ways and Means Committee's $3.8 trillion tax bill with the work of other House committees as part of the fiscal 2025 budget reconciliation bill. 

  • May 14, 2025

    Wisconsin Lake Homeowners Amend Tribal Tax Burden Suit

    Four lake homeowners and an association have amended a suit against local governments in the Menominee reservation in northern Wisconsin, claiming the tribe has sought to grow the amount of tax-exempt land while leaving owners of taxable homes to pay more than their fair share. 

  • May 14, 2025

    Newsom Blames 'Trump Slump' As Calif. Faces $12B Shortfall

    California's fiscal situation has changed for the worse since January, Gov. Gavin Newsom said Wednesday, putting the blame on what he said was a "Trump slump" that has resulted in lower capital gains tax collections.

  • May 14, 2025

    Eversheds Sutherland Rehires Tax Expert From DLA Piper

    Eversheds Sutherland is welcoming back a tax expert in the U.K. who spent the last seven years at DLA Piper, the firm announced.

  • May 14, 2025

    Grant & Eisenhofer Exits Tech Co. Ch. 11 After Watchdog Balk

    Insolvent technology firm AgileThought's special litigation counsel, Grant & Eisenhofer, said it was withdrawing from representing the debtor after the U.S. Trustee objected to a plan to have the firm also represent AgileThought's prepetition lender and the buyer of its assets, Blue Torch Finance LLC.

  • May 14, 2025

    'Plaintiffs Are Wrong' In New Recusal Bid, Ga. Judge Says

    A Georgia federal judge doubled down Wednesday on his refusal to recuse himself from a defamation case in which the plaintiff's counsel claimed he called their client a "fraud," writing that the "plaintiffs are wrong" that he misstated facts about a related case.

  • May 14, 2025

    EU Wrong To Deny Dutch Tax Firm's Trademark, Court Says

    A Dutch consultancy was wrongly denied a trademark for "Taxmarc" in the European Union after a German consultancy that controlled a trademark for "X Taxman" opposed its registration, the European General Court said Wednesday.

  • May 14, 2025

    Ore. Riverfront Parcel Overvalued, State Tax Court Finds

    An Oregon riverfront property was overvalued by $12,000 in tax year 2022-23, the Oregon Tax Court said, lowering its real market value while rejecting the owner's arguments for a much deeper cut. 

  • May 14, 2025

    Minn. School Can Skip Accrediting For Tax Break, Court Says

    A Minnesota school seeking a property tax exemption as an educational entity is not required to show accreditation by an outside organization to qualify for the break, the state tax court said.

  • May 14, 2025

    Payroll Co. Owner Cops To Fraud, Tax Charges

    A former payroll company owner pled guilty to embezzling from her clients and failing to pay employee withholdings to the IRS on their behalf.

Expert Analysis

  • What Higher Education Can Expect From A 2nd Trump Admin

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    The election of Donald Trump for a second presidential term has far-reaching ramifications for colleges and universities — come January, institutions can expect a crackdown on DEI, increased scrutiny of campus protests, a rollback of the Biden administration's Title IX rules and more, say attorneys at Jenner & Block.

  • Series

    Circus Arts Make Me A Better Lawyer

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    Performing circus arts has strengthened my ability to be more thoughtful, confident and grounded, all of which has enhanced my legal practice and allowed me to serve clients in a more meaningful way, says Bailey McGowan at Stinson.

  • 3 Ways To Train Junior Lawyers In 30 Minutes Or Less

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    Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.

  • Expect Surging Oil And Gas Industry Under New Trump Admin

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    Throughout his recent campaign, President-elect Donald Trump promised increased oil and natural gas production and reduced reliance on renewables — and his administration will likely bring more oil and gas dealmaking, faster federal permitting and attempts to roll back incentives for green energy, say attorneys at Sidley.

  • The Bar Needs More Clarity On The Discovery Objection Rule

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    Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office.

  • Series

    Being A Navy Reservist Makes Me A Better Lawyer

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    Serving this country in uniform has not only been one of the greatest honors of my life, but it has also provided me with opportunities to broaden my legal acumen and interpersonal skills in ways that have indelibly contributed to my civilian practice, says Phillip Smith at Weinberg Wheeler.

  • Cos. Should Inventory Issues To Prep For New Congress

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    As the legislative and oversight agendas of the 119th Congress come into sharper focus, corporate counsel should assess and plan for areas of potential oversight risk — from tax policy changes to supply chain integrity — even as much uncertainty remains, say attorneys at WilmerHale.

  • Conservation Easement Cases Weave Web Of Uncertainty

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    Much of the IRS and Justice Department’s recent success in prosecuting syndicated conservation easement cases can be attributed to the government’s focus on the so-called PropCo ratio, which could indicate treacherous waters ahead for participants and their advisers, even under the incoming Trump administration, say attorneys at Polsinelli.

  • So You Want To Move Your Law Practice To Canada, Eh?

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    Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.

  • Legislation Most Likely To Pass In Lame Duck Session

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    As Congress begins its five-week post-election lame duck session, attorneys at Greenberg Traurig break down the legislative priorities and which proposals can be expected to pass.

  • What Trump's 2nd Presidency Could Mean For Crypto Sector

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    Trump's second term will bring a fundamental shift from the Biden administration's approach to crypto-asset regulation and banking supervision, with the most significant changes likely taking effect in the first two quarters of 2025 and broader policy shifts emerging over the next year, say attorneys at Cahill.

  • Promoting Diversity In The Selection Of ADR Neutrals

    Excerpt from Practical Guidance
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    Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler.

  • Series

    Playing Ultimate Makes Us Better Lawyers

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    In addition to being fun, ultimate Frisbee has improved our legal careers by emphasizing the importance of professionalism, teamwork, perseverance, enthusiasm and vulnerability, say Arunabha Bhoumik and Adam Bernstein at Regeneron. 

  • Considering Chevron's End Through A State Tax Lens

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    States took the lead in encouraging Chevron's demise, turning away from Chevron-type deference in state tax administration ahead of the U.S. Supreme Court’s Loper Bright decision, a trend likely to accelerate as courts take a more active role in interpreting tax laws, say attorneys at Eversheds Sutherland.

  • E-Discovery Quarterly: Recent Rulings On Metadata

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    Several recent rulings reflect the competing considerations that arise when parties dispute the form of production for electronically stored information, underscoring that counsel must carefully consider how to produce and request reasonably usable data, say attorneys at Sidley.

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