Featured Stories

Bolt Case Shows Divide Between New Tech, Old VAT Rules

Bolt's defeat at a London appeals court over whether its drivers qualified for special value-added tax treatment e... (more story)

Pennsylvania Skill Games Ruling Ups Ante For New Rules

The Pennsylvania Supreme Court's recent ruling that skill games are subject to the same oversight as slot machines... (more story)

The World's Biggest Data Center Market Is At A Crossroads

Public opposition has put Virginia's long-held status as a key hub for data center development in jeopardy, and th... (more story)

Federal More

Spanish Broadcasting Gets Green Light For Ch. 11 Plan

A Delaware bankruptcy judge said Thursday he will confirm Spanish-language radio station operator Spanish Broadcasting System's Chapter 11 plan once he gets the final draft of its plan documents, largely overr... (more story)

IRS 'Embracing' AI For Fraud Checks, Agency Official Says

The IRS is "embracing" artificial intelligence to help with taxpayer compliance, such as using the technology to detect patterns and identify fraud, while at the same time working with guardrails to protect pr... (more story)

EU Implements US Trade Deal, With Safeguards

The European Union granted final approval Thursday to its modified version of a trade deal with the U.S. that will cut tariff rates on U.S. goods, albeit with guardrails.

Tax Court To Try Out Holding Sessions At Law Schools

The U.S. Tax Court will launch a law school outreach initiative this year in which the court will hold a session at a school to strengthen engagement with taxpayers and help cultivate future tax professionals,... (more story)

Easement Offers Have 'Rolling' Deadline, IRS Official Says

The 90-day window that conservation easement partnerships will have to accept an IRS deal to settle their charitable tax deduction dispute is based on the date when the taxpayer receives its settlement letter ... (more story)

Pool Co. Must Back Its $660K Worker Credit Claim, Court Says

A California swimming pool company must show that its operations were shut down because of government orders during the COVID-19 pandemic to receive more than $660,000 in worker retention tax credits disallowe... (more story)

Booker, Cassidy Press DOJ On Trump Immunity Deal

Sens. Bill Cassidy, R-La., and Cory Booker, D-N.J., wrote to acting Attorney General Todd Blanche on Wednesday expressing "serious concerns" about the alleged immunity for President Donald Trump, his family an... (more story)

State & Local More

Mich. Panel Says Detroit Schools Can't Use Tax For Bond Debt

The Detroit Public Schools Community District and its predecessor have lost a bid to continue collecting an operating tax after an emergency loan is paid off, with an appellate court panel finding state law do... (more story)

Kentucky Is Latest State To Catch CFTC Prediction Market Suit

The Commodity Futures Trading Commission has hit back against Kentucky regulators with a suit defending its jurisdiction over event contracts, after the state brought enforcement actions against several predic... (more story)

Kalshi Sues Ill. Officials Over Sports Event Contracts Law

Kalshi sued Illinois Gov. J.B. Pritzker and other top state officials in Illinois federal court Tuesday to block the enforcement of a new law that requires prediction-market exchanges offering sports event con... (more story)

Colo. Transportation Funding Shift Qualifies For Ballot

A Colorado proposal to shift hundreds of billions of dollars in state funds toward road and highway projects has received the signatures required to appear on the November statewide ballot, election officials said.

Oil In Cos.' Tanks Is Taxable, County Tells Texas Justices

A Texas county asked the state Supreme Court to overturn an appeals court's ruling that oil stored by two companies wasn't taxable, saying a substantial amount of the oil wasn't bound for foreign markets.

Dunkin' Franchise Prevails In Challenge To NJ Food Tax Rule

The New Jersey Tax Court struck down a state rule that established a formula for taxing sales of prepared food, siding with a Dunkin' Donuts franchise in ruling that the regulation exceeded the scope of the st... (more story)

High Court Won't Wade Into Fight Over CBA Leave Provision

The U.S. Supreme Court on Monday turned down a Minnesota teachers union local's bid for review of an Eighth Circuit decision that revived a taxpayer challenge to a collective bargaining agreement's policy lett... (more story)

International More

Gibraltar Tax Probe Can't Be Challenged Yet, EU Adviser Says

A baby formula manufacturer cannot yet challenge a European Commission investigation into whether Gibraltar's government granted the business illegal tax advantages, a senior adviser at the European Court of J... (more story)

Footwear Brand Owner Asks To Abate $378K Tax Penalty

The Canadian owner of a footwear brand asked a Nevada federal court to abate a $378,000 penalty for failing to pay employment taxes, arguing that he was prevented from paying by a since-delicensed lender withh... (more story)

UK Gov't Plans 22% Charge On Stock Interest Held In ISAs

The Labour government is planning a 22% charge on interest gained on stocks and shares in individual savings accounts as part of overhauling rules for these tax-free saving options widely used to save for buyi... (more story)

White & Case, Laytons Sued For £2M Over Flawed Tax Advice

A lettings agency has accused White & Case and Laytons of causing it more than £2.6 million ($3.4 million) in tax liabilities after the law firms allegedly failed to identify that an offshore trust structure w... (more story)

EU Digital Tax Needs Revamp To Satisfy Council, Official Says

A proposal for a European Union-wide tax on digital services needs a makeover to stop it from being blocked at the Council of the European Union, a member of the European Parliament said.

Charity Scammer Gets Prison For £700K Crypto Gift Aid Fraud

A man who fraudulently claimed more than £700,000 ($921,000) in Gift Aid by inventing hundreds of charitable donations and using a cryptocurrency scheme has been imprisoned for four years and eight months, pro... (more story)

US Played Key Role In Brazil's Joining OECD, Atty Says

The U.S. played an important role in Brazil's accession to the OECD in 2022, an attorney with Mayer Brown LLP in Rio de Janeiro said Tuesday in describing the country's yearslong journey.