State & Local
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September 25, 2026
Kalshi Sports Contracts Aren't Financial Swaps, 6th Circ. Says
In a closely watched decision that exacerbates an existing circuit split, a Sixth Circuit panel on Friday rejected Kalshi's assertion that the sports-related transactions made on its platform should be considered federally regulated swaps and not conventional betting subject to state gambling laws.
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September 25, 2026
K&L Gates Adds Townsend SALT Partner In New York
K&L Gates LLP added to its New York office a new corporate tax partner who specializes in complex tax planning and controversy, the firm announced.
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September 25, 2026
Mass. Appeals Smithfield's Takedown Of Group Tax Rule
The Massachusetts Department of Revenue appealed a state tax board decision that said federal law protected a Smithfield entity's receipts from being included in the tax liabilities of the company's combined group, according to filings obtained Friday by Law360.
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September 25, 2026
SC Says Operators Liable For Admissions Tax Collections
Licensed amusement operators remain liable for collecting and remitting South Carolina's admissions tax even if they delegate or contract with a third party to handle collection, the state's tax agency said.
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September 25, 2026
State Tax Agency Can Adjust Income Without IRS, Va. Says
The Virginia Department of Taxation has clear statutory authority to examine and adjust federal adjusted gross income and deductions when evidence shows inconsistency with the Internal Revenue Code, independent of any action by the Internal Revenue Service, the state tax commissioner said.
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September 25, 2026
Va. County Can Tax Brewery's Tasting Room Sales
Wholesale sales at a brewery, as the place of manufacture, are exempt from a county tax, but retail tasting room sales are not, Virginia's tax commissioner said.
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September 25, 2026
IRS Compliance Takes Up $387B Worth Of Time, Group Says
Americans are estimated to spend almost 6.9 billion hours complying with Internal Revenue Service filing and reporting requirements in 2026, representing roughly $387 billion in potential lost productivity to the U.S. economy, the Tax Foundation said in a report released Friday.
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September 25, 2026
Taxation With Representation: Kirkland, Latham, McDermott
In this week's Taxation With Representation, Royal Caribbean invests billions in a joint venture with Sandals, Telix Pharmaceuticals buys ITM Isotope Technologies Munich, and Priority Technology makes a go-private deal with an investor group helmed by the company's chair and CEO.
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September 25, 2026
Ala. DOR Announces Exemptions For Agricultural Energy Use
Alabama will exempt utilities from utility gross receipts tax for some agricultural uses for three years, the state Department of Revenue reminded taxpayers.
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September 25, 2026
SC Revenue Through August Grows By $226M
South Carolina's general revenue collected in July and August was $226 million higher than the amount collected in the same period last fiscal year, according to the state's Revenue and Fiscal Affairs Office.
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September 24, 2026
Emergency Election For Calif. Tax Is Valid, Panel Affirms
A California county lawfully used a rarely tested constitutional measure to put a sales tax question on an early ballot after the county said it needed to do so because of a fiscal emergency, a state appellate panel affirmed.
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September 24, 2026
La. Appellate Court Affirms Museum's Tax Exemption
A Louisiana hotel operated by a nonprofit World War II museum is exempt from property taxes because its profits don't benefit a private shareholder, the state Appellate Court affirmed on remand.
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September 24, 2026
NY High Court Declines To Review Temp Firm's $1M Tax Bill
A company that helps businesses hire and manage temporary workers is stuck with a roughly $1 million New York tax assessment on sales of software sold to execute its services, as the state high court declined to hear its protest against the tax Thursday.
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September 24, 2026
Ind. Tax Court Rules Nestle Facility Accurately Assessed
A Nestle facility in Indiana was correctly assessed from 2018 through 2023 at roughly $50 million, the state tax court said, rejecting the company's claim that the state tax board failed to properly consider its own appraisal.
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September 24, 2026
Pa. Commission Directs Dept. To Clarify Sourcing Reg
Pennsylvania's Independent Regulatory Review Commission directed the state Department of Revenue to clarify its new proposed sourcing rule, identifying in comments a number of topics it believed needed more consideration.
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September 24, 2026
NY Accuses Polymarket Of Illegal Gambling Operation
New York sued Polymarket on Thursday alleging it runs an illegal gambling operation in the state through its sports prediction markets, the same day that Polymarket lodged its own suit accusing the state of intruding into the federal government's regulatory authority over derivatives trading.
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September 24, 2026
Minn. Court Denies Tax Valuation Cut For Restaurant
A Minnesota court rejected a restaurant owner's claim that his property was overvalued for tax purposes, finding that his comparison of nearby property values contained assessment information rather than sales information that could have been evidence of market value.
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September 23, 2026
Overseas Income Regs May Cause M&A Headaches
Regulations proposed by the U.S. Treasury Department would provide clean breaks for companies that sell more than 50% of their foreign affiliates, but transactions that fall below this threshold could still expose corporations to post-closing tax risks and deal friction.
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September 23, 2026
Md. Governor Calls For Ending Data Centers' Tax Exemption
Maryland's governor became the latest state executive Wednesday to back off giving tax breaks to data centers, a development becoming increasingly common as the midterm elections draw near.
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September 23, 2026
DC Pied-à-Terre Tax Plan Targets Pricey Second Homes
Washington, D.C., would impose additional property tax on homes worth about $2.6 million or more that are not rented out or used as primary residences under legislation before the district council.
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September 23, 2026
Ore. Airplane Hangar Tax Valuation Upheld By Court
The owner of an Oregon airplane hangar failed to show that a local assessor and tax appeals board overvalued it or that it should be divided into two taxable parcels, the state tax court ruled.
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September 23, 2026
Ariz. Revenues Through Aug. Up $37M From Estimate
Arizona's general fund revenue collection in July and August exceeded forecasts by $37 million, according to the state Joint Legislative Budget Committee.
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September 23, 2026
Mass. Board Slashes Office Buildings' Tax Values
Two office properties in Massachusetts were overvalued in each of two tax years, the state's Appellate Tax Board said, agreeing with significant parts of the owner's income capitalization analyses of the values.
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September 23, 2026
Ore. Tax Court Won't Nix Appeal Over Complaint Filing Error
An Oregon property tax owner can proceed with their assessment appeal and file a corrected complaint after their original complaint contained the wrong tax account number, the state Tax Court ruled.
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September 23, 2026
Nuisance Arose Too Late For Tax Value Cut, Mass. Board Says
Massachusetts homeowners' argument that a nuisance trailer parked near their property should reduce its tax valuation was rejected by a state board, which found the problem arose after the assessment date at issue.
Expert Analysis
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How A 1947 Tugboat Ruling May Shape Work Product In AI Era
Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.
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Navigating Privilege Law Patchwork In Dual-Purpose Comms
Three years after the U.S. Supreme Court declined to resolve a circuit split in In re: Grand Jury, federal courts remain split as to when attorney-client privilege applies to dual-purpose legal and business communications, and understanding the fragmented landscape is essential for managing risks, say attorneys at Covington.
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Cannabis Industry Faces An Inflection Point This Year
Cannabis industry developments last year — from the passage of a new wholesale tax in Michigan, to an executive order accelerating the federal rescheduling process — presage a more mature phase of legalization this year, with hardening expectations and enforcement to come, says Alex Leonowicz at Howard & Howard.
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4 Ways GCs Can Manage Growing Service Of Process Volume
As automation and arbitration increase the volume of legal filings, in-house counsel must build scalable service of process systems that strengthen corporate governance and manage risk in real time, says Paul Mathews at Corporation Service Co.
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The Law Firm Merger Diaries: Forming Measurable Ties
Relationship-building should begin as early as possible in a law firm merger, as intentional pathways to bringing people together drive collaboration, positive client response, engagements and growth, says Amie Colby at Troutman.
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3 Key Takeaways From Planned Rescheduling Of Cannabis
An executive order reviving cannabis rescheduling represents a monumental change for the industry and, while the substance will remain illegal at the federal level, introduces several benefits, including improving state-legal cannabis operators' tax treatment, lowering the industry's legal risk profile, and leaving state-regulated markets largely intact, say attorneys at Dentons.
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OFAC Sanctions Will Intensify Amid Global Tensions In 2026
The Office of Foreign Assets Control will ramp up its targeting of companies in the private equity, venture capital, real estate and legal markets in 2026, in keeping with the aggressive foreign policy approach embraced by the Trump administration in 2025, say attorneys at Holland & Knight.
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5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.
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Judges On AI: How Courts Can Boost Access To Justice
Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.
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In Praise Of These 10 Revenue Agencies: SALT In Review
RSM's David Brunori, a contributor who regularly offers his thoughts on noteworthy state and local tax news, opens 2026 with his annual presentation of the nation's top 10 revenue departments.
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Hot Topics For Family Offices In 2026
For family offices, the throughline of 2026 is disciplined readiness, as navigating impact from the One Big Beautiful Bill Act and platform maturation will be necessary to preserve flexibility and enhance client outcomes, say attorneys at Morgan Lewis.
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The Case For Emulating, Not Dividing, The Ninth Circuit
Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.
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5 Tariff And Trade Developments To Watch In 2026
A new trade landscape emerged in 2025, the contours of which will be further defined by developments that will merit close attention this year, including a key ruling from the U.S. Supreme Court and a review of the U.S.-Mexico-Canada Agreement, says Ted Posner at Baker Botts.