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Tax
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March 13, 2026
Texas Appeals Court Upholds Tax Refund For Chemical Co.
A Texas chemical manufacturing company is owed a sales and use tax refund on the reusable containers used to ship its products to customers, a state appeals court panel ruled, upholding a trial court order.
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March 13, 2026
Taxation With Representation: Paul Hastings, Duane Morris
In this week's Taxation With Representation, uniform maker Cintas Corp. acquires workwear company UniFirst Corp., Controlled Thermal Resources Holdings Inc. plans to go public by merging with a special purpose acquisition company, and a Shell USA Inc. subsidiary sells Jiffy Lube International Inc. to Monomoy Capital Partners.
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March 13, 2026
OECD Business Group Calls For Further Pillar 2 Planning
The OECD's business stakeholder group on Friday called for "continued refinement" of Pillar Two readiness plans to ensure a smooth application of the 15% global minimum tax on corporate profits.
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March 12, 2026
Tariff Refund System Taking Shape, US Customs Tells CIT
U.S. Customs and Border Protection is making progress developing a system for importers to claim refunds for the global tariff regime struck down by the U.S. Supreme Court, an official told the U.S. Court of International Trade on Thursday.
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March 12, 2026
Partnership Says Data Centers Should Not Trigger $24M In Tax
A partnership's acquisition of data centers and improvements to a damaged building should not have triggered $24 million in additional taxes, it told the U.S. Tax Court in challenging adjustments by the Internal Revenue Service.
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March 12, 2026
Temp Agency Manager Hid $3.5M In Revenue, Feds Say
The former manager of a Massachusetts temporary employment agency failed to report more than $3.5 million in business revenue, leading to almost $1 million in taxes going unpaid, federal prosecutors said.
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March 12, 2026
IRS Allows 15% Of KFC Parent's Domestic Production Claim
The IRS and the parent of Pizza Hut, KFC and Taco Bell agreed that the company's total deductions for domestic production activities during 2013-2015 were $1.6 million — roughly 15% of the $10.7 million the company had claimed as deductions for the three years.
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March 12, 2026
TV Network Founder, IRS Seek Settlement In $18M Tax Case
The owner of a broadcasting company whose deal to sell $75 million in assets fell through is headed to settlement negotiations with the federal government over $18 million in taxes related to his father's estate, according to Michigan federal court filings.
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March 12, 2026
NM Bars Local Gov'ts From Levying Tax On Child Care Homes
New Mexico barred local governments from imposing certain taxes on registered child care homes under a bill signed by the governor.
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March 11, 2026
Costco Owes Shoppers Refunds For Voided Tariffs, Suit Says
Costco shoppers are owed back the higher costs they paid as a result of President Donald Trump's global tariffs that the nation's highest court has since declared unlawful, according to a putative consumer class action filed Wednesday in Illinois federal court.
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March 11, 2026
Tax Fraudster Asks 4th Circ. To Undo 20-Year Prison Term
The head of an investment firm who was sentenced to nearly 20 years in prison after admitting to tax fraud in connection with a $20 million Ponzi scheme asked the Fourth Circuit to vacate his sentence, saying it was unreasonable and far longer than average.
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March 11, 2026
Cos. Ask Court To Toss Trump's Revamped Global Tariffs
Two companies are challenging President Donald Trump's revamped global tariff regime, telling the U.S. Court of International Trade that the circumstances required to justify the regime cannot exist.
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March 11, 2026
Wyo. Amends Property Tax Break For Long-Term Homeowners
Wyoming amended a property tax exemption for long-term homeowners in the state so that it applies to an eligible property's fair market value instead of its assessed value under a bill signed by the governor that also establishes a limit on the exemption.
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March 11, 2026
NM Authorizes Property Tax To Pay Bonds, Interest, Costs
New Mexico authorized the imposition of a property tax to repay principal, interest and costs for state-issued bonds, which are subject to voter approval, under a bill signed by the governor.
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March 11, 2026
Minn. Justices Reject Homeowner's Valuation Claims
The Minnesota Tax Court had full jurisdiction over a homeowner's property tax case and properly dismissed his challenge to the county's valuation, the state Supreme Court ruled Wednesday.
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March 10, 2026
Ill. Tax Preparer Gets 10 Years For $14M PPP Loan Fraud
An Illinois federal judge's decision to impose a 10-year prison sentence on a man for his role in a $14 million fraud scheme where he took kickbacks for preparing false applications for pandemic-era Paycheck Protection Program loans drew surprised outbursts in the courtroom Tuesday from both the defendant and his attorney.
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March 10, 2026
Conn. Court Says Day Care On Church Property Tax-Exempt
A Connecticut church that leases part of its property out to a private for-profit day care should be allowed a property tax exemption for the entirety of its property, the state Appellate Court affirmed.
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March 10, 2026
Feds Urge End To IRS Wind, Solar Safe Harbor Fight
The Trump administration has told a D.C. federal judge there's no basis to sustain a lawsuit challenging an IRS notice eliminating a safe harbor test that wind and solar projects could use to qualify for clean energy tax credits.
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March 10, 2026
Tax Court Can't Review Marijuana's Drug Status, IRS Says
The U.S. Tax Court is not authorized to examine and change marijuana's controlled substance status, the Internal Revenue Service said, rebuking a bid from a New Mexico dispensary operator seeking relief from a provision prohibiting it from claiming business deductions.
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March 10, 2026
Kan. House Bills Seek To Limit School Property Taxes
Kansas would impose a cap on the ad valorem taxes that school districts could impose under bills introduced in the state House.
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March 10, 2026
PE Group Asks 3rd Circ. To Overturn Fund's $100M Tax Bill
The U.S. economy could face damaging consequences if the Third Circuit upholds a U.S. Tax Court decision finding a Cayman Islands hedge fund liable for a $100 million tax bill as a securities dealer, a private equity lobbying group told the court.
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March 10, 2026
DOJ Defends Tying Loan Forgiveness To Employer Conduct
The Trump administration is asking a D.C. federal judge to toss a lawsuit challenging a new rule that could strip some nonprofits of Public Service Loan Forgiveness program eligibility, claiming that the plaintiffs in the suit have no standing because they aren't engaged in any illegal activities.
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March 10, 2026
Ex-Moses & Singer Partner Admits Tax Crimes, Will Pay $2.8M
A former Moses & Singer LLP partner admitted to practice in New York and North Carolina courts has pled guilty to three counts of failing to file personal income tax returns and will pay $2.8 million in restitution, the U.S. Attorney's Office for the District of Connecticut announced Monday.
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March 10, 2026
Easement Case Didn't Need Appraiser Witness, 10th Circ. Told
The U.S. Tax Court should have considered a partnership's appraisal before rejecting its claim to a nearly $12 million tax deduction for a conservation easement donation, the partnership told the Tenth Circuit, arguing that its valuation report didn't require the appraiser's testimony as the court had claimed.
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March 10, 2026
Colo. Broadens Farm, Ranch Definitions For Property Taxes
Colorado broadened its definitions of farms and ranches for property tax purposes to allow more agriculture producers to qualify for tax advantages under a bill signed by Gov. Jared Polis.
Expert Analysis
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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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Series
Fly-Fishing Makes Me A Better Lawyer
Much like skilled attorneys, the best anglers prize preparation, presentation and patience while respecting their adversaries — both human and trout, says Rob Braverman at Braverman Greenspun.
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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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Series
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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2026 Enforcement Trends To Expect In Maritime And Int'l Trade
The maritime and international trade community should expect U.S. federal enforcement to ramp up in 2026, particularly via Office of Foreign Asset Control shipping sanctions, accelerating interagency investigations of trade fraud, and U.S. Coast Guard narcotics and pollution inspections, say attorneys at Holland & Knight.
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Series
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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Examining Privilege In Dual-Purpose Workplace Investigations
The Sixth Circuit's recent holding in FirstEnergy's bribery probe ruling that attorney-client privilege applied to a dual-purpose workplace investigation because its primary purpose was obtaining legal advice highlights the uncertainty companies face as federal circuit courts remain split on the appropriate test, say attorneys at Proskauer.
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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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Opinion
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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Series
Muay Thai Makes Me A Better Lawyer
Muay Thai kickboxing has taught me that in order to win, one must stick to one's game plan and adapt under pressure, just as when facing challenges by opposing counsel or judges, says Mark Schork at Feldman Shepherd.
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Series
Law School's Missed Lessons: Intentional Career-Building
A successful legal career is built through intention: understanding expectations, assessing strengths honestly and proactively seeking opportunities to grow and cultivating relationships that support your development, say Erika Drous and Hillary Mann at Morrison Foerster.