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May 15, 2026
A Michigan federal judge on Friday granted the U.S. government's bid to hold the co-founder of a defunct telemarketing fundraiser personally liable for more than $4.3 million in unpaid payroll taxes, finding that he controlled the company's finances and willfully failed to pay the Internal Revenue Service.
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May 15, 2026
The Russian Federation's constitution and statutes make clear that Vladimir Putin's administration and Yukos Oil Co.'s financing arm didn't have a valid agreement to arbitrate a dispute that resulted in a nearly $5 billion arbitral award against the country, Russia told the D.C. Circuit Friday.
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May 15, 2026
The IRS announced Friday that it will ask the Federal Circuit to overturn a claims court decision allowing a California business owner to recover penalties and interest he had tried to get refunded during the COVID-19 pandemic, challenging an interpretation that offered potential relief for others.
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May 15, 2026
A Florida federal court should carefully examine the relationship between President Donald Trump and the Internal Revenue Service when considering whether it has jurisdiction over his $10 billion suit against the agency over the leak of his tax information, a group of attorneys said.
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May 15, 2026
The top Democratic lawmakers on the U.S. Senate Finance and Senate Small Business committees asked the Small Business Administration for information regarding loans for companies seeking assistance following increased tariff costs, according to a letter made public Friday.
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May 15, 2026
President Donald Trump will likely deploy new tariffs this summer across numerous countries under a law that provides the federal government with its strongest legal footing yet in federal court for a global tariff regime.
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May 15, 2026
A Miami real estate developer pled guilty Friday to leading a scheme raising $89 million from investors for real estate development projects throughout South Florida that were never built.
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May 15, 2026
The city of Detroit has urged a Michigan federal court to deny Robinhood Derivatives LLC's bid to block the state from enforcing its state gaming laws, arguing the company's sports-related event contracts threaten Detroit's tax revenue and local economy.
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May 15, 2026
The past week in London has seen singer Rita Ora be sued by her management company, the billionaire Gertner brothers file a part 8 claim and Stephenson Harwood lodge a debt claim against a member of the Bulgari jewelry dynasty. Here, Law360 looks at these and other new claims in the U.K.
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May 15, 2026
In this week's Taxation With Representation, Equinox Gold Corp. and Orla Mining Ltd. announce a merger to create a major gold producer, OpenAI plans to form a company to boost adoption of its software across enterprises and private equity firm Apollo acquires trade show operators Emerald Holding and Questex.
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May 15, 2026
HM Revenue & Customs cannot retroactively impose late payment surcharges and penalties on an investment manager who arranged for the tax authority to reallocate his earlier payments for tax years tied to failed avoidance schemes, a London court found.
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May 14, 2026
California would make permanent its business tax credit limit, apply the sales tax to digital prewritten software and cut in half the $800 minimum tax for limited liability companies under a revised budget announced Thursday by Democratic Gov. Gavin Newsom.
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May 14, 2026
A former chief of staff to California Gov. Gavin Newsom pled guilty in federal court in Sacramento for her part in a scheme to divert some $225,000 from a dormant political campaign to a former Biden administration official's chief of staff, the U.S. Department of Justice announced Thursday.
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May 14, 2026
A group of family trusts failed Thursday to convince the Federal Circuit to reverse a lower court ruling that held them liable for an $80 million tax bill after being conned by a fraudster who then engaged in abusive tax shelter transactions behind their backs.
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May 14, 2026
A Michigan court has granted a preliminary injunction ordering the state Department of Labor and Economic Development to halt disbursements of $2.5 million in community enhancement grants to two minor-league baseball stadiums pending the outcome of a Mackinac Center for Public Policy suit claiming earmark funds were illegally appropriated.
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May 14, 2026
Norfolk Southern and CSX Transportation told a Georgia federal court in a lawsuit against the state Department of Revenue and its commissioner that the state's suspension of an excise tax on highway diesel fuel without extending the suspension to locomotive diesel fuel is "discriminatory taxation" that must be enjoined.
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May 14, 2026
A trust beneficiary is not eligible for a refund of a Washington, D.C., recordation tax that was paid when a property was transferred upon the dissolution of the trust, a district appellate court ruled Thursday.
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May 14, 2026
The U.S. government urged the Sixth Circuit to reverse a Tennessee federal court's decision that invalidated foreign tax credit regulations and allowed FedEx an $89 million refund, arguing that the rules reflect Congress' intent to prevent windfalls under the 2017 tax overhaul.
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May 14, 2026
Several partnerships can claim tax relief on the equity-financed portions of their film productions but not debt-financed components designed to inflate their tax relief, a London court found, ordering HMRC to amend parts of its closure notices.
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May 14, 2026
An Ohio man told a district court that the Internal Revenue Service wrongly denied his tax deduction claim for a loss of over $800,000 from a cryptocurrency "pig butchering" scheme despite the extensive documentation of the fraud he said he provided to the agency.
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May 13, 2026
A bipartisan group of federal lawmakers on Wednesday introduced a bill that would allow workers to make tax-free charitable donations directly from their employer-sponsored retirement plans, building on a section of the retirement policy overhaul known as Secure 2.0.
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May 13, 2026
The Ninth Circuit's 2019 ruling against Altera Corp., which upheld rules requiring companies to share the cost of employee stock options with foreign affiliates, means that Meta's income for 2017-18 should be increased by roughly $3 billion, the IRS told the U.S. Tax Court.
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May 13, 2026
Massachusetts' auditor said Wednesday that she may file more litigation over her ongoing bid to audit the state legislature, sharply pushing back on statements by the state attorney general that suggested any review would be cabined.
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May 13, 2026
President Donald Trump's administration created the U.S. Department of Justice's National Fraud Enforcement Division with a narrow focus on combating government program fraud, but a move to retain federal prosecutors focused on other types of fraud could signal a wider scope with potential ripple effects across white-collar enforcement.
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May 13, 2026
President Donald Trump's first administration was well within its legal authority to increase tariffs on Chinese goods under a law utilized to address unfair trading practices, and the U.S. Supreme Court doesn't need to consider a challenge to those measures, the government told the justices.