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June 12, 2026
A Virginia federal court judge ordered the federal government Friday to submit in writing that it won't create a $1.8 billion payment fund to settle President Donald Trump's tax leak suit against the Internal Revenue Service.
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June 12, 2026
In this week's Taxation With Representation, SpaceX prices a $75 billion initial public offering at its designated price range, Apollo Global Management leads a capital commitment for a Broadcom initiative to build artificial intelligence infrastructure for companies including Anthropic, and pharma giant GSK acquires cancer therapy specialist Nuvalent.
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June 12, 2026
Ride-hailing giant Bolt can't apply a value-added tax margin scheme to reduce an estimated liability of £190 million ($254.9 million) because its services aren't comparable to travel agency or tour operator services, a London appeals court ruled Friday, overturning two lower courts.
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June 12, 2026
Hunton Andrews Kurth LLP is advising Crowe LLP on a nearly $3 billion deal to sell a stake in its business to private equity firm KKR, with Mayer Brown LLP advising the accounting firm's board and Kirkland & Ellis LLP representing KKR.
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June 11, 2026
The former CEO of Austrian lender Meinl Bank AG on Thursday pled guilty in Brooklyn federal court after a yearslong fight over accusations he helped Odebrecht SA hide $170 million in funds used to bribe officials around the world and defraud the Brazilian government out of more than $100 million in taxes.
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June 11, 2026
A microcaptive insurance advisory firm asked the Sixth Circuit on Thursday to overturn a Tennessee federal court's ruling that a set of revised IRS rules requiring taxpayers to disclose some microcaptive arrangements doesn't violate the Administrative Procedure Act.
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June 11, 2026
Some North Carolina residents' property tax appraisals would be frozen under a Republican-backed bill now on the desk of Gov. Josh Stein.
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June 11, 2026
The Federal Circuit halted a U.S. Court of International Trade ruling prohibiting the government from collecting temporary global tariffs on two retailers and the state of Washington while it considers whether those duties are lawful, according to an order Thursday.
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June 11, 2026
Florida's wording of a proposed constitutional amendment set to be voted on in November to boost the state's homestead exemption misinforms voters of the effects of the ballot measure, according to a complaint filed in state circuit court Thursday.
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June 11, 2026
A Michigan-based importer and seller of aftermarket auto parts that was stuck with added costs from U.S. Customs and Border Protection related to empty shipping containers has sued its freight-forwarding contractor, claiming it was tricked into facilitating a fraud scheme.
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June 11, 2026
The Connecticut Supreme Court on Thursday ordered a new trial over the state's $13.2 million tax assessment against the estate of a health insurance executive who died in Florida, saying a trial judge should have applied a lower standard of proof when determining the executive's state of residence.
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June 11, 2026
The cost of hotel rooms for cabin crew members serving on back-to-back flights is tax-deductible because overnight stays such as those are part of the employees' duties, British Airways told a London tribunal Thursday.
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June 10, 2026
A D.C. federal judge on Wednesday declined to block the Trump administration's proposed $1.8 billion "lawfare" fund, crediting statements from Attorney General Todd Blanche and other U.S. Department of Justice lawyers last week that the fund was dead.
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June 10, 2026
New proposed U.S. tariffs meant to address goods tied to forced labor are likely to create new administrative burdens for importers, from new compliance hurdles domestically to the potential for retaliatory measures by trading partners on U.S. goods shipped abroad, attorneys told Law360.
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June 10, 2026
Britain's tax authority urged a London tribunal Wednesday to rule that British Airways is liable for around £5.8 million ($7.8 million) in tax over hotel rooms provided to cabin crew on back-to-back flights.
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June 10, 2026
Drugmaker Amgen isn't entitled to amend its petition to protect against possible double taxation after an eight-week trial and briefing in its income-allocation case already have been completed, the U.S. Tax Court said, noting that the trial concluded in January 2025.
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June 10, 2026
A Pennsylvania township's business privilege tax cannot apply to the dues, fees and assessments collected by two country clubs because the tax can apply only to for-profit businesses, a panel for the Commonwealth Court ruled Wednesday.
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June 10, 2026
A former committee staff director for U.S. Sen. Tim Scott, R-S.C., has been hired at K&L Gates LLP, the firm announced Wednesday, following her time as a senior vice president with a bipartisan government relations and lobbying firm.
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June 10, 2026
The Fifth Circuit denied the U.S. government's request for the full court to review a three-judge panel's April opinion finding the tax code's ban on distilling whiskey at home unconstitutional after another appeals court's opposite conclusion affirmed the ban.
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June 10, 2026
Rhode Island will implement a tax on non-owner-occupied residential properties with assessed values of $1 million or more under a regulation issued by the state Division of Taxation.
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June 10, 2026
A ballot measure in San Diego to tax vacant homes, with an additional cost for empty homes owned by corporations, appeared headed for defeat with most ballots counted.
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June 10, 2026
A top fintech industry organization sued Wednesday to block an impending new Tennessee tax on outgoing international money transfers, challenging what the trade group contends is an unconstitutional toll on the billions of dollars sent abroad from the state each year.
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June 09, 2026
Plaintiffs challenging what they call President Donald Trump's proposed $1.8 billion "slush fund" in Virginia and Washington, D.C., federal court on Tuesday expressed doubt that the administration's plan to pay victims of "lawfare and weaponization" is truly "not moving forward" as the acting attorney general has claimed.
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June 09, 2026
A former congressman urged a Florida federal court to overturn a jury verdict finding him guilty of secretly lobbying for Venezuela's leftist regime for $50 million, arguing several missteps by the court resulted in his conviction.
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June 09, 2026
A U.S. Court of International Trade judge spent much of an hour-plus hearing Tuesday attempting to talk the federal government out of appealing his order requiring immediate refunds of President Donald Trump's invalidated tariffs, but he seemed to make little headway.