Featured Stories

Progressive Tax Plans May Rise To Surface After Blue Wave

States that experienced a shift to Democratic control of their legislatures and governors' offices on Election Day could be poi...(read more)

How Spain's Snap Election Could Reshape Its Tax Policy

Spain is set to hold a snap general election Nov. 29, and the contest could reshape the country's tax landscape if conservative...(read more)

Mamdani Administration Seeking 'Fast Affordable Housing'

New York Mayor Zohran Mamdani, in contrast to his predecessor, has been aggressive in pushing for more affordable housing, and ...(read more)

Federal More

Bopp Firm's Cut Of True The Vote Fees Capped At $150K

A D.C. federal judge ruled Monday that attorney James Bopp Jr. was entitled to just over $150,000 of the nearly $800,000 in legal fees that the Internal Revenue Service was ordered to pay conservative election-monitoring g...(read more)

Eaton's Transfer Pricing Process 'Impenetrable,' Judge Says

A U.S. Tax Court judge who heard from an Eaton Corp. tax official about the power management company's transfer pricing method Monday expressed frustration with the process used to extract data for the method, at one point...(read more)

Summer Camp Buyers Say Ex-Directors Stole Files

The buyers of a Maine summer camp from bankrupt camp operator SimadHoldings are accusing the camp's former directors of stealing confidential files and taking them to the competition.

Judge Revives IRS' Bid To Collect $14M From Aircraft Trader

A Tennessee federal judge reversed an order stopping the government from collecting an aircraft trader's $14 million tax debt, saying a bankruptcy court improperly concluded that the government's position that the debt cou...(read more)

Lululemon Patrons Seek To Preserve Tariff Refund Claims

Lululemon customers urged a Washington federal court to reject the retailer's requests to either toss their proposed class action over tariff costs or pause the case, arguing that the company shouldn't be able to reap both...(read more)

Goldstein Says Gov't Conceded Key Trial Errors

SCOTUSblog co-founder Thomas Goldstein told the Fourth Circuit that the federal prosecutors who netted 12 tax and mortgage fraud convictions effectively conceded they hid evidence by steering a key witness to new testimony...(read more)

Character.AI Ch. 11 Tests New Model For Preserving AI Value

Character.AI's bankruptcy is charting a path for preserving value in an artificial intelligence business that depends on retaining unfinished technology and the employees who know how to develop it, while accounting for th...(read more)

State & Local More

State Interest In Seller Amnesty Gaining Steam, Pact Rep Says

Four states will offer a Streamlined Sales Tax Governing Board program that will allow unregistered remote sellers to settle their back sales and use tax liabilities, and several other states appear to be close to committi...(read more)

Calif. Voters Turn Down One-Time Tax On Billionaires

California will not enact a 5% tax to be levied once on the wealth of billionaires in the state, the Associated Press determined Monday.

Polymarket Adds Missouri Suit To Prediction Market Brawl

Missouri was hit Monday with another lawsuit brought by a prediction market platform, this time with Polymarket filing a preemptive complaint to stave off a threatened gambling enforcement action by the state, as litigatio...(read more)

City-Owned Parking Ramp Tax-Exempt, Minn. Justices Told

Portions of a parking ramp owned by the city of Duluth, Minnesota, and leased to a for-profit hotel should not be subject to property taxation, the city told the state Supreme Court, seeking reversal of a state tax court r...(read more)

Calif. Won't Raise Vote Threshold For Special Tax Measures

California will not amend its constitution to prohibit local governments from imposing or increasing a special tax unless it's approved by two-thirds of the electorate, according to preliminary results.

MVP: Holland & Knight's Mary McNulty

Mary McNulty of Holland & Knight was lead tax counsel in ExxonMobil's landmark litigation related to the company's partnership with Qatar and won a consequential appellate decision on the meaning of a limited liability par...(read more)

Taxation With Representation: Wilson Sonsini, Fenwick

In this week's Taxation With Representation, Marvell Technology buys data center optics maker Lumentum, defense technology company Shield acquires radar company Echodyne, and CVS Health plans to split into two independent,...(read more)

International More

UK Image Rights Rules Could Add £45M To Soccer Tax Bills

Soccer clubs in the U.K. could collectively face as much as £45 million ($60.2 million) in extra yearly taxes from new image rights rules, HM Revenue & Customs said.

Canadian Court Upholds Taxes On Family Trust's Gain

Canada can tax a family trust on about CA$2.95 million ($2.09 million) in capital gains based on a deemed disposition triggered by the trust's failure to divide its assets before its 21st anniversary, the Tax Court of Cana...(read more)

EU Council Backs VAT Changes For Higher-Value E-Sales

The Council of the European Union has reached an agreement to extend the one-stop shop for value-added tax on imports to all e-commerce sales into the trade bloc and make online platforms responsible for collecting the rev...(read more)

EU Fund Industry Seeks Dividend Tax Relief Extension

The European Union must extend proposed tax relief on cross-border dividend payments to regulated investment funds to reduce costs for savers and remove barriers to investment, the bloc's fund industry urged Monday.

IRS Attys Question Origin Of Eaton's Quality Standards

Managers from Eaton's factories in the Dominican Republic and Puerto Rico described in court Friday how products were tested for quality at those facilities, while IRS attorneys seeking to downplay the significance of the ...(read more)

Blank Rome Partner, Hotel Founder Disputes $15.6M Tax Bill

A Blank Rome LLP partner who founded a luxury boutique hotel in Italy told the U.S. Tax Court the IRS improperly determined he owes roughly $15.6 million in taxes and penalties, disputing the agency's assertion that his ho...(read more)

Judges Must Turn To Merits Earlier To Fix Civil Justice System

The U.S. justice system is long overdue for a cultural shift that encourages judges to engage with the merits of a case from the outset, which would help to cut through procedural complexities and deliver high-quality just...(read more)