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May 12, 2026
Over 8.3 million imports are pending tariff refunds after clearing the final system processes developed by Customs and Border Protection, accounting for almost $35.5 billion in duty refunds with interest, according to the latest declaration filed Tuesday by an agency official in the U.S. Court of International Trade.
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May 12, 2026
The Australian Taxation Office wrongly assessed AU$98.9 million ($71.6 million) in additional taxes to a Shell plc subsidiary by denying its entitlement to add a premium to its cost basis for a deemed acquisition of shares, the Federal Court of Australia said.
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May 12, 2026
The Australian government plans to implement measures aimed at limiting tax deductions in situations where interest expenses tied to rental properties exceed related income, which will raise 3.6 billion Australian dollars ($2.6 billion) over five years, according to a budget released Tuesday.
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May 12, 2026
Two Cambridgeshire farmers and a campaign group can't challenge the U.K. government's plans to slash inheritance tax relief for farms on the grounds that there should have been a public consultation before the proposals were announced, a London court ruled Tuesday.
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May 11, 2026
The ex-husband of a woman seeking a $2.9 million tax refund for carryback losses she shared with him is facing a possible arrest warrant and other penalties for repeatedly failing to comply with federal district court orders, a Texas judge said Monday.
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May 11, 2026
Minnesota's justices quizzed counsel for Hennepin County on Monday on whether its arguments for its preferred method for valuing a Hilton-branded Minneapolis hotel and convention center could be enough to overturn a state tax court decision that adopted the owner's approach.
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May 11, 2026
Georgia will lower its income tax rate, increase standard deductions and provide temporary exclusions for tax on some overtime pay and cash tips under legislation signed Monday by Republican Gov. Brian Kemp.
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May 11, 2026
Biotechnology giant Amgen is making a "futile" attempt to raise a purported double-taxation issue for tax years 2016 through 2018 in a pair of transfer pricing cases before the U.S. Tax Court, the federal government said, arguing the disputed years fall outside the court's jurisdiction.
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May 11, 2026
The school boards of several low-wealth North Carolina counties are asking the state Supreme Court to elucidate a recent ruling that invalidated nine years of developments in the public school funding case known as Leandro, contending the opinion suggests the court usurped power in its jurisdictional conclusions.
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May 11, 2026
Australia is preparing determinations and guidance on five issues related to capital gains taxation, including when anti-avoidance laws may be applied to multiple deferrals of liabilities and how the tax applies when a cryptocurrency is pegged to another cryptocurrency, the Australian Taxation Office said Monday.
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May 11, 2026
The Delaware Chancery Court this past week handled a varied mix of settlement approvals, political office disputes, transaction fights, emergency injunction bids and questions over how far the court can go to preserve records for litigation outside Delaware.
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May 08, 2026
The Connecticut Supreme Court's final term of 2025-2026 is only one week long, but the justices will decide whether one of their own 2022 opinions silently overruled an earlier opinion relied upon by a trial judge to order the foreclosure of a $35 million high-rise Hartford apartment complex.
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May 08, 2026
A Florida federal judge on Friday ruled Pro Energy LLC can recover $1.85 million in refunds from fuel excise taxes it paid despite being registered as an ultimate vendor, which should have allowed it to make tax-free fuel and gas sales to state and local governments.
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May 08, 2026
A disbarred English attorney who assisted the heirs of an American businessman in evading taxation on their inheritance cannot use an "extraordinary" post-conviction remedy to overturn part of the verdict and a $4 million restitution bill, the Second Circuit ruled Friday.
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May 08, 2026
A group of Nike customers on Friday joined the growing number of proposed class actions looking to secure legal rights to refunds of costs tied to President Donald Trump's now-invalidated global tariff regime, saying they were the ones who actually bore the costs.
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May 08, 2026
The IRS should issue more guidance on what kind of debt arrangements can limit a development project's access to clean energy tax credits under new prohibited foreign entity requirements as uncertainty over financial liability and ownership becomes a major market concern, practitioners said Friday.
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May 08, 2026
The Third Circuit has declined to reconsider upholding the conviction of a man who raked in $40 million from filing false tax returns.
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May 08, 2026
The Texas Supreme Court on Friday found that oral nicotine pouches are taxable as tobacco products under state law, as they are made from "tobacco substitutes" through a combination of nicotine extracted from tobacco leaves and plant compounds.
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May 08, 2026
Federal prosecutors are claiming that SCOTUSblog founder Thomas Goldstein may have violated his pretrial release conditions when he racked up over $1.7 million in gambling income last year, telling a federal judge not to delay sentencing for the famed U.S. Supreme Court lawyer.
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May 08, 2026
An Oregon property is eligible for a special farm use assessment because its stabling and pasturing of horses for profit were qualifying activities, the state tax court found Friday, reversing a local assessor's determination.
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May 08, 2026
The owners of a Massachusetts home did not provide enough evidence in their analyses of comparable properties to lower the home's valuation for property tax purposes, the Massachusetts Appellate Tax Board said.
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May 08, 2026
In this week's Taxation With Representation, gold companies Regis Resources and Vault Minerals combine, Long Lake Management acquires American Express Global Business Travel and Vodafone buys out CK Hutchison Holdings to become the sole owner of their telecommunications joint venture.
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May 08, 2026
The top official for the U.S. Department of Labor's employee benefits subagency said at a trade association conference Friday that agency investigations will focus on benefit plan managers' loyalty conflicts, including disloyal pursuits of socially conscious investing or diversity goals.
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May 07, 2026
A U.S. Navy service member has accused tax preparer Jackson Hewitt Inc. of overcharging military clients for short-term loans tied to tax refunds, claiming in a proposed class action the company's effective interest rates for "refund anticipation loans" exceed what is allowed under the federal Military Lending Act.
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May 07, 2026
A North Carolina federal judge dismissed a suspended attorney's lawsuit against a State Bar Disciplinary Hearing Commission member he accused of bias and due process violations, finding Thursday that the defendant is entitled to absolute quasi-judicial immunity.