Tax

  • June 01, 2026

    OECD Seeks Input On Revision To Transfer Pricing Guidelines

    The OECD is looking for feedback on draft revisions to its transfer pricing guidelines that deal with intragroup services, the organization said Monday.

  • June 01, 2026

    Md. Authorizes Tax Credits For Service Station Conversions

    Maryland authorized local governments to grant property tax credits for service stations that are converted to other uses under legislation signed by the governor.

  • May 29, 2026

    Intuit Didn't Infringe Browsing Patent, Calif. Judge Says

    TurboTax-maker Intuit Inc. has beaten a lawsuit accusing it of infringing a patent that covers synchronized internet browsing after a California federal judge found that its tax preparation services don't meet key language of the patent.

  • May 29, 2026

    Sacramento Makes Pitch For Full-Time MLB Expansion Team

    Sacramento business and political leaders have started a campaign to bring a Major League Baseball expansion team to the area, unveiling plans to build a stadium and mixed-use development next to the temporary minor league home of MLB's Athletics.

  • May 29, 2026

    DC Circ. Revives $21M Claim Against Guinea

    The D.C. Circuit Friday ordered a lower court to reconsider a Seychellois telecommunications company's bid to enforce an arbitral award of more than $21 million against the Republic of Guinea, ruling that its sovereign immunity analysis was "too narrow."

  • May 29, 2026

    Consultant In Rivera FARA Trial Asks For Redo

    A political consultant convicted alongside ex-Florida Rep. David Rivera asked for a new trial Friday, arguing that the government "did not come close to proving" that she was guilty of willfully failing to register as a foreign agent for her work on a $50 million contract with a unit of Venezuela's state-owned oil company.

  • May 29, 2026

    Blood Test Lab Owner Gets 4 Years For $11M Tax Evasion

    The owner of a blood-testing laboratory was sentenced to more than four years in federal prison after evading $11.2 million in taxes by using an accomplice to illegally collect Medicare reimbursements made to the company, California federal prosecutors said.

  • May 29, 2026

    Md. Expands Urban Agriculture Property Tax Credit Eligibility

    Maryland loosened eligibility requirements for a local option property tax credit for urban agricultural activities under a bill signed by the governor.

  • May 29, 2026

    Fla. Man Sentenced To 18 Months For $7M Biofuel Tax Fraud

    The owner of a Florida renewable fuel company was sentenced to 18 months in prison followed by two years of supervised release for a scheme that generated more than $7 million in fraudulent fuel tax credits, the U.S. Department of Justice announced Friday.

  • May 29, 2026

    Taxation With Representation: Latham, White & Case, Vischer

    In this week's Taxation With Representation, Fertitta Entertainment acquires Caesars Entertainment, Eli Lilly and Co. buys three companies involved in vaccine development, and nuclear energy company Newcleo Ltd. says it plans to go public by merging with a special purpose acquisition company, NewHold Investment Corp. III.

  • May 29, 2026

    Trump Ordered To Respond To Claims IRS Deal Was Fraud

    President Donald Trump must respond to allegations made by a group of former federal judges that his settlement with the U.S. Department of Justice resolving his $10 billion suit against the Internal Revenue Service defrauded the court, the Florida federal judge who presided over the case said Friday.

  • May 28, 2026

    Ex-Prosecutor Wants Trump 'Slush Fund' Payments Blocked

    A former federal prosecutor who worked on Jan. 6, 2021, insurrection cases was among a handful of individuals and groups Thursday who pressed federal courts to issue temporary restraining orders blocking payouts from President Donald Trump's $1.8 billion "slush fund," according to motions filed in Virginia and Washington, D.C.

  • May 28, 2026

    Hospital's $11.5M COVID Tax Credit Suit Clears Dismissal Bid

    A Washington federal judge refused to throw out a hospital's lawsuit seeking $11.5 million from the federal government under a COVID-19 relief program, ruling on Thursday that Tri-State Memorial Hospital has plausibly alleged that it partially suspended its operations because of a government order.

  • May 28, 2026

    Osage Nation Asks 10th Circ. To Revisit Boundary Ruling

    The Osage Nation is appealing to the Tenth Circuit an Oklahoma federal judge's decision that declined to vacate a 16-year-old circuit decision saying the tribe's reservation boundaries had been disestablished, arguing that no congressional language explicitly changed those boundaries.

  • May 28, 2026

    States Say Fed. Circ. Should Keep Tariff Block During Appeal

    The Federal Circuit shouldn't stay an injunction blocking the collection of Section 122 tariffs from two businesses and Washington state while the federal government appeals the trade court ruling because the appeal is likely to fail, the businesses and 24 states said Thursday.

  • May 28, 2026

    Detroit Ex-Mayor Can't Prevent Seizure Of Bank Account

    Former Detroit Mayor Kwame Kilpatrick will have 100% of the funds in a bank account tied to him garnished by the U.S. government for distribution in accordance with his criminal judgment, a Michigan federal judge ordered Thursday.

  • May 28, 2026

    Ohio Governor Pauses Data Center Tax Breaks

    Ohio became the most recent state to signal the growing unease in giving tax breaks to data centers as Gov. Mike DeWine said he directed the state tax credit authority to pause consideration of any new exemption requests.

  • May 28, 2026

    IRS Ordered To Repay Law Firm $1.5M For Mistaken Levy

    A Maryland federal court ordered the U.S. government to pay back over $1.5 million to a Baltimore law firm, finding the government failed to prove the firm is an alter ego of one of its clients that failed to pay its corporate taxes.

  • May 28, 2026

    Dem Sens. Ask DOJ To Preserve Trump-IRS Settlement Docs

    Two Democratic Senate leaders asked the U.S. Department of Justice to preserve any records related to the settlement of President Donald Trump's suit against the IRS in a letter published Thursday, signaling that further investigations may be coming.

  • May 28, 2026

    Goldstein Says Bad Jury Instructions Warrant New Trial

    SCOTUSblog founder Tom Goldstein said that the prosecutors who convicted him on 12 tax and mortgage fraud charges in February are now contradicting arguments they made at the end of his trial in their attempt to deny him a bench acquittal or new trial.

  • May 28, 2026

    Minn. Adds Property Tax Break, Adopts Federal Changes

    Minnesota will conform with recent federal corporate tax changes, extend its workaround of the cap on deductions for state and local tax payments and provide property and vehicle tax breaks under an omnibus bill signed by Gov. Tim Walz.

  • May 28, 2026

    Tenn. Allows Property Tax Refund Installments As Credits

    Tennessee authorized counties and municipalities to pay property tax refunds via installments applied as future credits if taxpayers agree to such arrangements under a bill signed by the governor.

  • May 28, 2026

    4th Circ. Rules IRS 'Cooperation' Doesn't Sink Tax Convictions

    The Fourth Circuit on Thursday affirmed the convictions of two software executives found guilty at trial of failing to pay employment taxes to the Internal Revenue Service, rejecting the notion that their alleged cooperation with the IRS somehow undermined the charges.

  • May 28, 2026

    6th Circ. Nixes Aircraft Co.'s $39M Excise Tax

    A fractional jet company is not liable for a $39 million air transportation excise tax because the levy applies only to its usage charges for each flight, not the fixed costs for management and operations, the Sixth Circuit ruled.

  • May 28, 2026

    EU Probes Chinese Retailer's €2.2B Deal For Tax Distortions

    The European Union said Thursday that it had opened a probe into Chinese e-commerce firm JD.com's €2.2 billion ($2.6 billion) takeover bid for German electronics retailer Ceconomy, linked to concerns the Chinese firm had been granted distortive foreign subsidies.

Expert Analysis

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • Series

    Playing Basketball Makes Me A Better Lawyer

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    My grandfather used to say "I wear your jersey" as shorthand for wholly committing to support someone with loyalty and integrity — ideals that have shaped my life on the basketball court and in legal practice, says Tracy Schimelfenig at Schimelfenig Legal.

  • Series

    The Biz Court Digest: Georgia Court Has Business On Its Mind

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    Thanks to recent legislation, the Georgia State-wide Business Court will soon offer business litigants greater access to the court than ever before, further enhancing the court's emphasis on efficiency, predictability and accessibility for sophisticated commercial disputes, says former GSBC judge Walt Davis at Jones Day.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • Heppner Ruling Left AI Privilege Risk For Lawyers Unresolved

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    While a New York federal judge’s recent ruling in U.S. v. Heppner resolved a privilege question surrounding client-side artificial intelligence use, it did not address how to mitigate the risks that can arise when confidential information enters the operative context of an AI system used by an attorney, says Jianfei Chen at Quarles & Brady​​​​​​​.

  • How To Limit Accounting Fraud Risk As SEC Focus Persists

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    Despite the U.S. Securities and Exchange Commission's pullback on crypto, cybersecurity and recordkeeping cases, accounting fraud remains a core enforcement priority, making it important for public companies and auditors to strengthen controls, investigations and whistleblower processes, say attorneys at Pillsbury.

  • The Ethics And Practicalities Of Representing AI Agents

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    With autonomous artificial intelligence agents now able to take action without explicit instructions from — or the awareness of — their human owners, the bar must confront whether existing frameworks like informed consent and client privilege will be sufficient on the day an AI agent calls seeking counsel, say attorneys at Morrison Cohen.

  • Series

    Speed Jigsaw Puzzling Makes Me A Better Lawyer

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    My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.

  • Documenting Business Purpose After IRS' 10th Circ. Win

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    Following the Tenth Circuit’s recent Liberty Global v. U.S. decision, which held the economic substance doctrine does not require a threshold relevancy determination, taxpayers can prepare for potential audits by maintaining contemporaneous documentation and taking other steps that demonstrate the business purpose of transactions, say attorneys at Crowell & Moring.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • How Data Center Accounting May Draw Enforcement Scrutiny

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    As public and media scrutiny of the data center industry intensifies, regulators, enforcement authorities and Congress will likely focus on accounting judgments that rely on aggressive assumptions, opaque financing structures or rapidly evolving collateral classes, heightening the risk of investigations and inquiries, say attorneys at King & Spalding.

  • Series

    Playing Magic: The Gathering Makes Me A Better Lawyer

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    The competitive card game Magic: The Gathering offers me a training ground for the strategic thinking skills crucial to litigation, challenging me to adapt to oft-updated rules, analyze text as complicated as any statute and anticipate my opponent’s next moves, says Christopher Smith at Lash Goldberg.

  • Improving Well-Being In Law, 10 Years After Landmark Study

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    An important 2016 study revealed significant substance abuse and mental health issues among lawyers, and while the findings helped normalize the conversation around these topics, a decade later, structural change is still needed, says Denise Robinson at PLI.

  • How To Gear Up For Trump's Pharma Tariffs

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    President Donald Trump's proclamation establishing tariffs on certain pharmaceutical products holds a few areas of ambiguity that companies should review and prepare for before the tariffs come into effect later this year, say attorneys at Arnold & Porter.

  • What DOL Proposal Signals For 401(k)s, Alternative Assets

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    The U.S. Department of Labor recently published a highly anticipated proposed rule that could establish more defined pathways for 401(k) plan fiduciaries to consider investment options with greater alternative asset exposure, and help fund sponsors and investment managers develop such options, say attorneys at Cleary.

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