Featured Stories

SEC Change Would Ease Nontraded REITs' State Headache

Tucked inside the U.S. Securities and Exchange Commission's 500-page regulatory proposal to ease capital formation... (more story)

Law360 Reveals Titans Of The Plaintiffs Bar

This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars... (more story)

Bears' Best Gameplan: Playing Ill. And Ind. Off Of Each Other

Creating a multibillion-dollar competition between Illinois and Indiana to build the Chicago Bears' new stadium is... (more story)

Federal More

Studying Foreign Languages Makes Me A Better Lawyer

Studying Italian and Japanese has shown me that learning a new language can benefit a legal career in several ways, including by demonstrating the importance of approaching problems from a fresh perspective an... (more story)

IRS Asked To Quickly Release Fuel Credit Emissions Model

Energy companies and farm representatives urged the IRS on Wednesday to expedite the release of an updated greenhouse gas emissions model reflecting the 2025 budget law's changes, saying the guidance is needed... (more story)

10th Circ. Affirms Dentist's 3½-Year Sentence For Tax Evasion

A dentist's sentence of almost 3½ years for evading over $1.6 million in personal taxes through an abusive-trust tax scheme was affirmed by the Tenth Circuit on Wednesday, as the appellate court rejected his a... (more story)

Court Orders CBP Commish To Testify In Tariff Refund Suit

The U.S. Court of International Trade requested that U.S. Customs and Border Protection Commissioner Rodney S. Scott appear during a hearing scheduled for early next month to discuss the agency's plans for ref... (more story)

Sold Inventory May Drive Tax Treatment Of Tariff Refunds

Companies determining the tax treatment of refunds expected following the U.S. Supreme Court's February decision invalidating tariffs imposed under the International Emergency Economic Powers Act should consid... (more story)

US Implements Semiconductor Deal Cutting Taiwan Tariffs

The U.S. is capping tariffs on certain Taiwanese products while eliminating some derivative tariffs on aircraft components as part of the implementation of a deal aimed at bringing semiconductor production to ... (more story)

Expats Back FBAR Excessive-Fine Challenge At 9th Circ.

A nonprofit representing Americans living overseas threw its support behind a former professor who is challenging penalties for undisclosed foreign bank accounts, urging the Ninth Circuit to review his case sp... (more story)

State & Local More

Colo. Group Says $66M Flood Bonds Needed TABOR Vote

A group of Boulder residents told a Colorado Court of Appeals panel Wednesday at oral arguments that the city's stormwater and flood management fees, which will be used in part to repay $66 million in bonds, a... (more story)

Hotel Co.'s Tax Protest Draws Icy Response From NY Panel

New York state appeals court justices sounded unsympathetic Wednesday to a hotel refurbishing company's arguments that the state tax agency incorrectly denied deductions when issuing $15 million in assessments... (more story)

DeSantis Calls Special Session For Property Tax Cuts

Florida lawmakers would phase out property taxes on primary residences under a ballot measure up for consideration next week in a special session called Wednesday by Gov. Ron DeSantis.

Signatures Filed To Put Colo. Road Funding Plan On Ballot

A proposed Colorado ballot measure to dedicate tax revenue to road projects has enough petition signatures to qualify for the November ballot, the initiative's backers said Tuesday while decrying state legisla... (more story)

Importers Tell Justices Trump China Tariff Hikes Went Too Far

The U.S. Supreme Court's recent decision striking down President Donald Trump's emergency tariff regime should encourage the justices to consider and overrule lower courts' judgments upholding China tariffs an... (more story)

Wis. Justices Turn Away Skechers' License Deal Tax Fight

Wisconsin's top court let stand a ruling that found Skechers USA lacked purpose — other than avoiding taxes — for creating a subsidiary and entering into transactions with it that resulted in the company claim... (more story)

NFL's Bears Bury Idea Of Putting New Stadium In Chicago

The National Football League's Chicago Bears said the team is no longer looking to build a new stadium in the city of Chicago as they weigh a move to either Arlington Heights, Illinois, or Hammond, Indiana.

International More

EU Withholds Some Funds From Malta Over Tax Reform Delay

The European Union is holding back €38.17 million ($44.49 million) in support funds for Malta as the Mediterranean archipelago has not yet implemented a reform tackling aggressive tax planning practices, the E... (more story)

EU Probes Chinese Retailer's €2.2B Deal For Tax Distortions

The European Union said Thursday that it had opened a probe into Chinese e-commerce firm JD.com's €2.2 billion ($2.6 billion) takeover bid for German electronics retailer Ceconomy, linked to concerns the Chine... (more story)

Italy Arrests Suspected Leaders Of €78M VAT Fraud

Italian authorities arrested the suspected leaders of a criminal organization that defrauded European Union governments of more than €78 million ($90.7 million) in value-added taxes on hygiene and household pr... (more story)

Adapting To AI-Driven Scrutiny Of Foreign Asset Disclosures

As the government expands AI-driven, cross-agency fraud detection, foreign asset disclosure should be viewed as part of a broader, data‑driven enforcement ecosystem that prioritizes consistency, documentation ... (more story)

Meta Says IRS Must Stipulate To Court Findings In Facebook

The Internal Revenue Service is required to accept statements from the U.S. Tax Court's opinion and other items from the record of litigation with Facebook Inc. in its current dispute with the company's succes... (more story)

Pension Plans Can't Shake Belgium's $144M Tax Fraud Suit

A group of pension plans and associated individuals cannot use timing limitations to quickly dismiss the Belgian government's suit alleging they fraudulently claimed about €124 million ($144 million) in tax re... (more story)

Eversheds Sutherland Tax Atty Moves To Greenberg Traurig

Greenberg Traurig LLP has hired in Washington, D.C., a former Eversheds Sutherland counsel who advises clients on state and local tax controversies, tax planning and tax policy matters, the firm has announced.