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November 03, 2026
The U.S. Tax Court properly dismissed a partnership's bid to challenge the IRS' denial of a $27 million tax deduction for a Georgia conservation easement donation, the agency told the Eleventh Circuit, saying the partnership's petitions were filed late and the statutory deadline isn't flexible.
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November 03, 2026
Multinational companies shouldn't get a free pass on reporting potentially harmful cross-border tax arrangements to European Union countries because they're within the scope of the 15% global minimum tax, an EU lawmaker leading committee discussions on the proposal said Tuesday.
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November 03, 2026
A cluster of unimproved properties with plans for development but facing permitting delays that hindered their marketability was overvalued by a local assessor, the Massachusetts Appellate Tax Board said.
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November 03, 2026
A ranch-style condo unit with an unobstructed water view was overvalued, the Massachusetts Appellate Tax Board said, lowering its valuation to that of a similar home on a slightly larger property farther from the water.
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November 03, 2026
Peter Schuur, chair of Debevoise & Plimpton LLP's global tax practice, steered the tax strategy for Warner Bros. Discovery's $110 billion sale to Paramount Skydance, earning him a spot as one of the 2026 Law360 Tax MVPs.
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November 03, 2026
Latham & Watkins LLP has hired a former Morgan Lewis & Bockius LLP partner who spent 16 years with his previous firm working on tax and employee benefits issues.
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November 02, 2026
A Washington federal judge said Monday that an Xbox buyer must arbitrate his claims that Microsoft unjustly pocketed refunds meant for consumers after the U.S. Supreme Court struck down the Trump administration's global tariff regime, citing an arbitration pact described by the console's packaging and included documents.
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November 02, 2026
The U.S. Tax Court said Monday it won't reconsider a September opinion finding a partnership's petition was filed late because of circumstances beyond its control, saying the court has already addressed the IRS' arguments that it improperly excused the lateness of the conservation easement suit.
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November 02, 2026
The IRS' nonprofit donor disclosure rule violates organizations' and donors' First Amendment rights, a privacy group told a D.C. federal court, saying the rule is subject to a heightened level of judicial scrutiny that the government cannot overcome.
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November 02, 2026
Michael Cannon, a partner in Gibson Dunn & Crutcher LLP's Dallas office, co-led the tax team advising SpaceX on its pivotal transactions that wrapped up this year, including the largest initial public offering and M&A of all time, earning him a spot as one of the 2026 Law360 Tax MVPs.
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November 02, 2026
The Delaware Chancery Court last week allowed a stockholder claim over R1 RCM Inc.'s $8.9 billion buyout to proceed, while investors in Meta Platforms Inc. sued to block a stock restructuring they say would let CEO Mark Zuckerberg sell billions of dollars in shares without giving up control of the company.
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November 02, 2026
The Fifth Circuit denied a Texas business consulting company's request for the full court to review a panel's revised opinion narrowing a tax break for limited partners, saying no judges sought a rehearing.
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October 30, 2026
The lawyers chosen as Law360's 2026 MVPs stand out from their peers by notching significant achievements in high-stakes litigation, complex global matters and record-setting transactions.
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October 30, 2026
A Brooklyn federal judge Friday heard that prosecutors may not call a key witness at the center of a fight over exculpatory evidence disclosure to testify against two Cleveland Guardians players accused of a pitch-fixing conspiracy to profit from rigged proposition bets, and refused a government bid to use a purported $500,000 tax debt against one of the pitchers.
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October 30, 2026
The Colorado Supreme Court Friday affirmed the dismissal of a man's complaint seeking to have an initiative to raise taxes on the state's wealthiest residents removed from the ballot due to some petition entities not registering their circulators properly with the state.
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October 30, 2026
The Second Circuit on Friday said it would permit the U.S. Commodity Futures Trading Commission to share its views on prediction market regulation at upcoming oral arguments between Kalshi and Connecticut regulators.
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October 30, 2026
Kalshi has hired appellate heavyweight Paul D. Clement of Clement & Murphy PLLC to represent the company in its potential U.S. Supreme Court battle over whether the prediction markets platform's sports wagering is subject to state or federal oversight.
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October 30, 2026
Tax software company Avalara did not illegally lure six workers away from a company acquired by rival Vertex, a Pennsylvania federal jury decided, clearing Avalara of trade secrets theft.
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October 30, 2026
A hedge fund manager is seeking to recover nearly $40 million in foreign account reporting penalties, telling the U.S. Court of Federal Claims that the IRS violated his due process rights and administrative rules in imposing fines linked to his bankrupt Texas tycoon father's international accounts.
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October 30, 2026
An automobile racing mogul's estate asked the Tax Court to spike a $58.3 million estate tax deficiency, alleging that the IRS erred in revaluing its equity holdings.
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October 30, 2026
The Organization for Economic Cooperation and Development has been tasked with creating a plan to continue work on taxing the digital economy by countries that participate in its global tax policymaking body, the organization said Friday.
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October 30, 2026
Buchalter PC's rapid growth in Texas continues with the addition of a Dallas-based tax partner who came aboard from Jackson Walker LLP.
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October 30, 2026
As the use of artificial intelligence in the employee benefits space grows, experts warn that companies need to be vigilant to guard against mishaps caused by the emerging technology. Here, Law360 looks at three areas where benefits attorneys say AI can cause legal headaches.
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October 30, 2026
In this week's Taxation with Representation, Blackstone, Bank of America, Citi and Morgan Stanley announce a financing structure to buy Broadcom artificial intelligence chips and network components for Anthropic, EQT acquires Range Resources to create a powerhouse natural gas company, and DoorDash buys Instacart.
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October 29, 2026
The Internal Revenue Service violated federal law by terminating its collective bargaining agreement with a union representing the agency's employees in light of a 2025 executive order from President Donald Trump, the union has claimed in a lawsuit filed in Massachusetts federal court.