Featured Stories

4 Key Questions Surrounding US Forced Labor Tariff Rates

New proposed U.S. tariffs meant to address goods tied to forced labor are likely to create new administrative burd... (more story)

Apportionment Fights Likely To Persist After High Court Pass

Florida's unsuccessful bid to have the U.S. Supreme Court review a special apportionment rule in California highli... (more story)

Developers Stumped By Energy Credits' Foreign Debt Limits

Developers seeking to finalize projects financed with clean energy tax credits and several loans are hitting a roa... (more story)

Federal More

Revised Microcaptive Rules Still Violate APA, 6th Circ. Told

A microcaptive insurance advisory firm asked the Sixth Circuit on Thursday to overturn a Tennessee federal court's ruling that a set of revised IRS rules requiring taxpayers to disclose some microcaptive arran... (more story)

Investors Say Energy Co. Sold Fraudulent Tribal Tax Credits

Two investors accused an energy company of selling them fraudulent tax shelters marketed as tribal tax credits for $600,000 in a complaint filed in an Arkansas federal court.

Auto Parts Biz Says Freight Co. Duped It Into Container Fraud

A Michigan-based importer and seller of aftermarket auto parts that was stuck with added costs from U.S. Customs and Border Protection related to empty shipping containers has sued its freight-forwarding contr... (more story)

FedEx Tells 6th Circ. Recent Rulings Back $89M Tax Refund

FedEx's case for an $89 million tax refund is supported by a decision in the U.S. Tax Court that outlined a formula for disallowing foreign tax credits and a Sixth Circuit decision about how to view the purpos... (more story)

Man Agrees To $10M Tax Bill Over Unreported Biz Income

A man found to have received income by using his company's cash as his own is on the hook for approximately $10.4 million in taxes and penalties, according to agreed-upon computations the taxpayer and the U.S.... (more story)

Cow Horse Makes Me A Better Lawyer

Moving an unwilling 800-pound cow while riding a horse at high speed is exhilarating, a little unhinged and, at least for me, a surprisingly effective training ground for litigation — both demand focus, prepar... (more story)

Amgen Can't Amend Petition To Address Potential Double Tax

Drugmaker Amgen isn't entitled to amend its petition to protect against possible double taxation after an eight-week trial and briefing in its income-allocation case already have been completed, the U.S. Tax C... (more story)

State & Local More

If Upheld, Wash. Millionaire Tax Could Upend State Law

The Washington Supreme Court could open the door to broader income, rental and corporate taxes if it defies precedent and the historically established desires of voters by redefining the state constitution's c... (more story)

Conn. Justices Order New Trial In $13.2M Estate Tax Fight

The Connecticut Supreme Court on Thursday ordered a new trial over the state's $13.2 million tax assessment against the estate of a health insurance executive who died in Florida, saying a trial judge should h... (more story)

RI Lawmakers Approve $15B Budget With Tax On Millionaires

Rhode Island lawmakers passed a $15.2 billion budget proposal including a surtax on income over $1 million that would increase during the next three years, sending it to the governor.

Former Sen. Tim Scott Staffer Joins K&L Gates In DC

A former committee staff director for U.S. Sen. Tim Scott, R-S.C., has been hired at K&L Gates LLP, the firm announced Wednesday, following her time as a senior vice president with a bipartisan government rela... (more story)

Tenn. Remittance Tax Is Unconstitutional, Fintech Group Says

A top fintech industry organization sued Wednesday to block an impending new Tennessee tax on outgoing international money transfers, challenging what the trade group contends is an unconstitutional toll on th... (more story)

States Grapple With Sourcing Taxes On College NIL Pay

Sourcing income paid to student athletes has become a complex endeavor for states, athletes and their representatives amid different kinds of income and a patchwork of state policies, tax professionals said Tuesday.

Insurance Co. Wins New Look At $11M Wash. Tax Bill

A Washington appeals court panel agreed Tuesday to partially reconsider its March reversal of a tax award of nearly $11 million to a title insurance provider, announcing it had withdrawn the previous decision ... (more story)

International More

British Airways Hotel Costs Are Tax-Deductible, Tribunal Told

The cost of hotel rooms for cabin crew members serving on back-to-back flights is tax-deductible because overnight stays such as those are part of the employees' duties, British Airways told a London tribunal Thursday.

KC In £2M Evasion Case Defends 'Efficient' Tax Setup

A senior barrister accused of cheating the public purse out of almost £2 million ($2.7 million) told a court Thursday that he had set up "tax-efficient" arrangements which "anyone with any sense would use."

British Airways Owes £5.8M Tax Over Hotel Stays, HMRC Says

Britain's tax authority urged a London tribunal Wednesday to rule that British Airways is liable for around £5.8 million ($7.8 million) in tax over hotel rooms provided to cabin crew on back-to-back flights.

Trust Did Not Hold Taxable Loan, Aussie High Court Says

The Australia High Court rejected Australian revenue authorities' bid to tax nearly AU$1.7 million ($1.2 million) that a real estate company held in a trust, ruling Wednesday that the money did not constitute ... (more story)

KC Says HMRC Tried To 'Cancel' Him In £2M Evasion Case

A senior tax barrister told a court Wednesday that HM Revenue and Customs prosecuting him for evading almost £2 million ($2.7 million) in tax was its way of "canceling" a person the tax authority found "extrem... (more story)

VAT Group Members Need Own Carveout, EU Court Says

Grouped companies classed as a single entity for value-added tax payments should still be considered separately in a determination of their eligibility for certain VAT exemptions, a European Union court said Wednesday.

CIT Judge Skeptical Of Gov't's IEEPA Refund Appeal

A U.S. Court of International Trade judge spent much of an hour-plus hearing Tuesday attempting to talk the federal government out of appealing his order requiring immediate refunds of President Donald Trump's... (more story)