-
May 15, 2026
HM Revenue & Customs cannot retroactively impose late payment surcharges and penalties on an investment manager who arranged for the tax authority to reallocate his earlier payments for tax years tied to failed avoidance schemes, a London court found.
-
May 14, 2026
California would make permanent its business tax credit limit, apply the sales tax to digital prewritten software and cut in half the $800 minimum tax for limited liability companies under a revised budget announced Thursday by Democratic Gov. Gavin Newsom.
-
May 14, 2026
A former chief of staff to California Gov. Gavin Newsom pled guilty in federal court in Sacramento for her part in a scheme to divert some $225,000 from a dormant political campaign to a former Biden administration official's chief of staff, the U.S. Department of Justice announced Thursday.
-
May 14, 2026
A group of family trusts failed Thursday to convince the Federal Circuit to reverse a lower court ruling that held them liable for an $80 million tax bill after being conned by a fraudster who then engaged in abusive tax shelter transactions behind their backs.
-
May 14, 2026
A Michigan court has granted a preliminary injunction ordering the state Department of Labor and Economic Development to halt disbursements of $2.5 million in community enhancement grants to two minor-league baseball stadiums pending the outcome of a Mackinac Center for Public Policy suit claiming earmark funds were illegally appropriated.
-
May 14, 2026
Norfolk Southern and CSX Transportation told a Georgia federal court in a lawsuit against the state Department of Revenue and its commissioner that the state's suspension of an excise tax on highway diesel fuel without extending the suspension to locomotive diesel fuel is "discriminatory taxation" that must be enjoined.
-
May 14, 2026
A trust beneficiary is not eligible for a refund of a Washington, D.C., recordation tax that was paid when a property was transferred upon the dissolution of the trust, a district appellate court ruled Thursday.
-
May 14, 2026
The U.S. government urged the Sixth Circuit to reverse a Tennessee federal court's decision that invalidated foreign tax credit regulations and allowed FedEx an $89 million refund, arguing that the rules reflect Congress' intent to prevent windfalls under the 2017 tax overhaul.
-
May 14, 2026
Several partnerships can claim tax relief on the equity-financed portions of their film productions but not debt-financed components designed to inflate their tax relief, a London court found, ordering HMRC to amend parts of its closure notices.
-
May 14, 2026
An Ohio man told a district court that the Internal Revenue Service wrongly denied his tax deduction claim for a loss of over $800,000 from a cryptocurrency "pig butchering" scheme despite the extensive documentation of the fraud he said he provided to the agency.
-
May 13, 2026
A bipartisan group of federal lawmakers on Wednesday introduced a bill that would allow workers to make tax-free charitable donations directly from their employer-sponsored retirement plans, building on a section of the retirement policy overhaul known as Secure 2.0.
-
May 13, 2026
The Ninth Circuit's 2019 ruling against Altera Corp., which upheld rules requiring companies to share the cost of employee stock options with foreign affiliates, means that Meta's income for 2017-18 should be increased by roughly $3 billion, the IRS told the U.S. Tax Court.
-
May 13, 2026
Massachusetts' auditor said Wednesday that she may file more litigation over her ongoing bid to audit the state legislature, sharply pushing back on statements by the state attorney general that suggested any review would be cabined.
-
May 13, 2026
President Donald Trump's administration created the U.S. Department of Justice's National Fraud Enforcement Division with a narrow focus on combating government program fraud, but a move to retain federal prosecutors focused on other types of fraud could signal a wider scope with potential ripple effects across white-collar enforcement.
-
May 13, 2026
President Donald Trump's first administration was well within its legal authority to increase tariffs on Chinese goods under a law utilized to address unfair trading practices, and the U.S. Supreme Court doesn't need to consider a challenge to those measures, the government told the justices.
-
May 13, 2026
Eligible partnerships disputing conservation or historic preservation easement charitable deductions cannot negotiate their tax benefit amounts under the Internal Revenue Service's latest settlement offer, which carries a 10% penalty, the agency announced Wednesday.
-
May 13, 2026
European prosecutors said Wednesday that German authorities arrested one suspect and carried out a series of raids in an investigation into an alleged €18 million ($21 million) value-added tax carousel fraud involving the cross-border sale of small electronics.
-
May 13, 2026
Hungary issued guidance Wednesday for companies, covering how to file information returns for the 15% global minimum tax.
-
May 12, 2026
A Maryland federal judge has rejected SCOTUSblog founder Thomas Goldstein's request to push back sentencing for his tax evasion conviction, finding that Goldstein "has not shown good cause to continue sentencing."
-
May 12, 2026
Boston must face a proposed class action accusing the city of inflating the valuations of some properties after owners appealed their tax bills, a state court judge has ruled.
-
May 12, 2026
The Massachusetts attorney general said on Tuesday she will allow litigation to proceed over whether the state legislature can be audited and will appoint special counsel to represent the state auditor, ending a high-profile showdown between two high-ranking elected officials.
-
May 12, 2026
An Idaho federal court wrongly denied a man of Mexican descent a new trial after discovering a juror had made racially biased comments about people of Mexican ethnicity during deliberations on whether to convict him of preparing false tax returns, a split Ninth Circuit panel said Tuesday.
-
May 12, 2026
An insurance broker asked a Pennsylvania federal court to consider new constitutionality arguments against the IRS penalty prepayment requirement to revive its challenge to $6.6 million in captive insurance tax penalties, arguing those claims rely on new legal precedent.
-
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.
-
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.