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May 26, 2026
Latin American countries identified at least €576 million ($670 million) in additional liabilities for taxes, interest and penalties last year through the common reporting standard and exchange of information between tax authorities, according to the OECD's tax transparency forum.
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May 26, 2026
U.S. Customs and Border Protection's tariff refund system has processed hundreds of thousands of new entries over the past two weeks, and since coming online last month it has cleared $20.6 billion in refunds for duties struck down by the U.S. Supreme Court to importers, according to a declaration filed Tuesday in the U.S. Court of International Trade.
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May 26, 2026
The owner of a 35-acre property in Minnesota failed to show sufficient evidence that his use of the land met the threshold for an agricultural tax break, the state tax court affirmed.
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May 26, 2026
Arizona will retroactively clarify its treatment of the tax valuation of destroyed property under newly signed legislation amending language in a 2024 measure that left questions in its application.
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May 22, 2026
This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Google, Monsanto and the Trump administration, earning the attorneys recognition as Law360's Titans of the Plaintiffs Bar for 2026.
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May 22, 2026
A former federal prosecutor who worked on Jan. 6, 2021, insurrection cases sued Friday over the $1.8 billion "anti-weaponization" fund created by President Donald Trump's settlement with the Internal Revenue Service, calling it a "slush fund" that's "on a collision course with the United States Constitution."
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May 22, 2026
Creating a multibillion-dollar competition between Illinois and Indiana to build the Chicago Bears' new stadium is a strategy that has become increasingly popular among pro franchises that can leverage tax and financial incentives, and even real estate deals.
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May 22, 2026
A former CEO who was previously incarcerated with embattled insurance mogul Greg Lindberg told a North Carolina federal judge of the billionaire's "humanity" and "generosity" in a character letter to the court ahead of his sentencing on federal wire fraud and bribery charges.
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May 22, 2026
The Internal Revenue Service is required to accept statements from the U.S. Tax Court's opinion and other items from the record of litigation with Facebook Inc. in its current dispute with the company's successor, Meta Platforms Inc., the company argued.
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May 22, 2026
Tennessee extended the time frame for eligible nonprofit entities to retroactively apply a property tax exemption under a bill signed by the governor.
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May 22, 2026
The IRS did not violate a group of taxpayers' rights to jury trials when it hit them with more than $30 million in penalties for tax fraud, the agency told the U.S. Supreme Court, maintaining that the Eleventh Circuit's decision to deny them juries should stand.
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May 22, 2026
Wisconsin's top court let stand a ruling that found Skechers USA lacked purpose — other than avoiding taxes — for creating a subsidiary and entering into transactions with it that resulted in the company claiming nearly half a billion dollars in deductions in the state.
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May 22, 2026
The National Football League's Chicago Bears said the team is no longer looking to build a new stadium in the city of Chicago as they weigh a move to either Arlington Heights, Illinois, or Hammond, Indiana.
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May 22, 2026
Colorado's marijuana regulator used an "unlawful" method for calculating average market rates of cannabis that resulted in inflated excise taxes being assessed against state-licensed operators, a proposed class action filed Thursday in Denver state court alleges.
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May 22, 2026
A group of pension plans and associated individuals cannot use timing limitations to quickly dismiss the Belgian government's suit alleging they fraudulently claimed about €124 million ($144 million) in tax refunds on dividends, a New York federal court said.
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May 22, 2026
Greenberg Traurig LLP has hired in Washington, D.C., a former Eversheds Sutherland counsel who advises clients on state and local tax controversies, tax planning and tax policy matters, the firm has announced.
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May 22, 2026
Federal prosecutors are seeking a nearly $2 million forfeiture judgment against convicted SCOTUSblog founder Tom Goldstein and asking a Maryland federal judge to turn the Supreme Court lawyer's Northwest D.C. home over to the government to pay it.
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May 22, 2026
In this week's Taxation With Representation, Equity Residential and AvalonBay Communities Inc. combine, investment firms CVC and Groupe Bruxelles Lambert lead a group of investors to buy pharmaceuticals company Recordati SpA, and NextEra Energy and Dominion Energy merge.
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May 22, 2026
Municipalities in three South Carolina counties will be authorized to impose sales taxes of up to 1% to provide property tax relief, with local voter approval, under legislation signed by the governor.
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May 21, 2026
The D.C. Circuit on Thursday sought the views of the Trump administration on a crucial component of Russia's sovereign immunity defense as the appeals court weighs jurisdiction in litigation to enforce a nearly $5 billion arbitral award against the Kremlin, which was issued to Yukos Oil Co.'s financing arm.
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May 21, 2026
One of the nation's most accomplished oral advocates, Tom Goldstein, revealed Thursday he has retained another of the nation's most accomplished oral advocates, Elizabeth Prelogar, ahead of his sentencing and likely appeal in a criminal tax case that has captivated the appellate bar.
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May 21, 2026
Morrison County, Minnesota, and two townships are seeking to vacate a decision to take about 3,238 acres into trust for the Mille Lacs Band of Ojibwe, arguing it was based on a biased process in which the tribe pays Bureau of Indian Affairs' salaries to process trust requests.
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May 21, 2026
A Baltimore attorney is challenging a court's order that he cover unpaid federal income taxes owed by his client's holding company, telling the Fourth Circuit on Thursday that the government is wrongly using the Federal Priority Statute as a workaround for the Federal Tax Lien Act.
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May 21, 2026
The European Union's top court said Thursday that Portugal can't suspend tax enforcement proceedings against a company that benefited from unlawful state aid granted by the Madeira Free Zone.
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May 21, 2026
Drugmaker Amgen wants to preserve its right to seek a refund for tax years 2010 through 2015 if the IRS "persists" in taking a position inconsistent with the agency's own arguments pertaining to those years in its audit of 2016 to 2018, the company told the U.S. Tax Court.