Featured Stories

US-Canada Stalemate Expected To Hold Amid USMCA Review

The trade stalemate between the U.S. and Canada is likely to continue through a drawn-out review process for the U... (more story)

State And Local Tax Policy To Watch In 2nd Half Of 2026

From more states seeking to eliminate tax breaks for data centers to tax policy shifts that will be decided at bal... (more story)

State And Local Tax Cases To Watch In 2nd Half Of 2026

From Mastercard's appeal of a South Carolina decision that income-producing activity occurred within the state to ... (more story)

Federal More

IRS Donor Disclosure Rule Unconstitutional, Group Says

The IRS' nonprofit donor disclosure rule violates the First Amendment, a conservative youth group told a D.C. federal court, arguing that a now-convicted contractor's theft of donor records and those of high-r... (more story)

A 3-Part Blueprint For Sentencing Variance Arguments

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... (more story)

IRS Experts Undervalued Ala. Land Gift, Partnership Says

IRS experts erred at trial in relying on other land sales to calculate a value of under $1 million for Alabama property donated to a conservation group in 2017, far below the $28 million determined by the part... (more story)

Trump Taps Former Acting IRS Chief Counsel For Tax Court

President Donald Trump nominated a former acting Internal Revenue Service chief counsel for a seat in the U.S. Tax Court on Monday.

Government Backs Tax Evader's Higher Sentence At 4th Circ.

A West Virginia federal judge correctly handed down an enhanced sentence to a real estate appraisal business owner convicted of failing to pay employment taxes, federal prosecutors told the Fourth Circuit, urg... (more story)

Biofuel Tax Fraudster Loses Bid For Extra Sentence Reduction

A Utah federal judge declined to reduce further the original sentence of an accomplice in a $500 million biofuel production tax credit fraud scheme, finding that his prior reduction to 12 years had sufficientl... (more story)

US Biz Group Urges EU To Honor Side-By-Side Treatment

A lobbying group representing U.S. companies called on the European Union to respect the country's side-by-side agreement as the bloc continues to work on a tax simplification overhaul.

State & Local More

NJ Aims To Protect Ratepayers With Nuclear Power Guidelines

New Jersey Gov. Mikie Sherrill on Monday signed into law a bill intended to ensure consumers don't bear the costs of nuclear power projects needed to help address the growing demand for electricity driven prim... (more story)

2nd Circ. Rejects Bid To End NYC's Congestion Pricing

The Second Circuit on Monday upheld New York City's congestion pricing, rejecting two suburban counties' claims that Manhattan's congestion pricing tolls are discriminatory and unconstitutionally restrict moto... (more story)

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

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 ... (more story)

Mattress Seller, Mo. Customers End Use Tax Overcharge Fight

A Missouri federal court closed a class action by online customers claiming excessive tax charges by a mattress retailer after the parties reached a deal that will see the customers refunded.

Calif. Republicans Urge US To Deny State's MCO Tax

California's managed care organization provider tax, which was restructured and requires federal approval under a recently enacted law, should be rejected by the U.S. government, state Assembly Republicans sai... (more story)

Mass. Town Says Developer Owes $100K Under Rezoning Deal

The small central Massachusetts town of Lancaster says a developer is trying to wriggle out of paying half of an agreed-upon impact contribution spelled out in a deal to create a mixed-use "enterprise district... (more story)

Taxation With Representation: Cleary, Paul Weiss, Fried Frank

In this week's Taxation With Representation, Solstice Advanced Materials Inc. acquires specialty chemicals technology company Element Solutions Inc., Vertex Pharmaceuticals Inc. buys Crinetics Pharmaceuticals ... (more story)

International More

3 Convicted In €50M German VAT Fraud With Cars, Masks

A Berlin court convicted three individuals, including a tax adviser, tied to a €50 million ($57.1 million) value-added tax fraud involving luxury vehicles and medical face masks, the European Public Prosecutor... (more story)

Greece Seizes Evidence In Suspected €46.9M VAT Fraud

Greek authorities seized evidence and assets from companies tied to a suspected value-added tax fraud scheme involving small electronic goods that produced €46.9 million ($53.6 million) in lost tax revenue, th... (more story)

EU Tax Lead Urges Reconsideration Of Interest Limit Rule

Policymakers should reflect on the rationale behind the European Union's interest limitation rule — a tool that can increase firms' tax bases — as it is hitting companies that aren't circumventing tax mandates... (more story)

Israeli Law Firm Counters Gov't Bid To Toss GILTI Reg Suit

An Israeli law firm asked the D.C. federal court Monday to disregard the government's attempt to end its suit aiming to scrap regulations that implemented the 2017 tax law's global intangible low-taxed income ... (more story)

German, Dutch Arrest 2 In €300M VAT Fraud Involving Autos

German and Dutch authorities have arrested two individuals linked to a group involved in a value-added tax fraud with imported cars that has created around €300 million ($342 million) in estimated losses, the ... (more story)

Vague IRS Rules Should Nix Foreign Gift Penalties, Court Told

A California civil service worker asked a federal court to waive penalties imposed by the IRS over her failure to report wedding gifts received from family in China, contending the agency was unclear about fil... (more story)

US Pillar 2 Deal Cuts UK Tax Take By £600M, Report Says

The U.K.'s tax revenue from the global minimum corporate rate will fall by around £600 million ($804.7 million) annually as a result of U.S. corporate giants' exemption from the rules, according to a parliamen... (more story)