Abolishing Property Taxes in Florida Won’t Be an Easy Task

Florida lawmakers are no closer to Gov. Ron DeSantis’s goal of eliminating property taxes after two days of hearings, causing several to concede more study is needed to find strategies for replacing the billions in revenue that would be lost.

GOP Tax Writers Query IRS Lawyer Nominee on Audits, Tax Court

Republican tax-writers overseeing the confirmation of President Donald Trump’s nominee to run the IRS chief counsel’s office asked the longtime litigator to curb audits of specific tax avoidance techniques, especially those allowing the wealthy to dodge estate taxes.

Bloomberg Tax Journals

View More

Do Investors Understand the Stakes of Coca-Cola’s $18B Tax Case?

Investors may not appreciate the stakes of Coca-Cola’s long-running transfer pricing battle with the IRS.

Six Key Tax Considerations that Will Make or Break a Startup

An Alpine Mar practitioner discusses six key tax considerations for startups to be financially successful.

How Technology Is Transforming Transfer Pricing Compliance

As scrutiny from tax authorities intensifies and transparency requirements grow, technology should be utilized and integrated into transfer pricing compliance procedures, say Grant Thornton practitioners.

Tax Developments

View More

Case: State Judgment Liens Have Priority Over County’s Later Tax Liens (E.D.N.Y.)

The United States’ judgment liens had priority over the county’s tax liens, a district court held, granting the government’s motion for summary judgment and ordering a judicial sale of the ...

Case: Nonparticipating Partners Failed to Make Substantial Showing to Participate in TEFRA Case (T.C.) (IRC §6226)

Nonparticipating partners’ motions to participate in a TEFRA partnership case were denied because the partners failed to make a substantial showing as to why they should be permitted to participate, ...

IRS Reg.: Notice on Semiannual Regulatory Agenda for 2025

The Treasury released its semiannual regulatory agenda, outlining current regulations, proposed rulemakings, and rules under departmental review. The agenda includes significant regulations regarding base erosion and anti-abuse tax, credit for ...

Companies Face Tariff-Induced Transfer Pricing Audit Risks

Enrolled Agents Anticipate IRS Chaos for Next Tax Filing Season

Congressional Deadline on Shutdown Deal Adds to IRS Challenges

IP Poses Risks, Opportunities for Companies' Tariff Planning

Best Buy, Apple, Others Make Millions From California Tax Deals

A few dozen California cities have lucrative deals with retail giants like Apple, Best Buy, and Nike. These deals result in the cities paying millions of dollars from their local tax revenue back to the companies. In this video, we explore how these deals work and what some city and state lawmakers are hoping to do about it.

Latest Stories

FROM ACROSS BLOOMBERG TAX

Daily Tax Report InternationalDaily Tax Report StateTransfer Pricing ReportThe Exchange: Tax Insights & Commentary
  • Daily Tax Report International
  • Daily Tax Report State
  • Transfer Pricing Report
  • The Exchange: Tax Insights & Commentary

Austria MOF Clarifies Deductions for Extraordinary Expenses

The Austrian Federal Ministry of Finance Sept. 22 posted online Federal Finance Court Decision No. RV/1100092/2025, clarifying deductions for extraordinary expenses. The taxpayer, a retired civil servant, claimed extraordinary expenses ...

EXPLORE BLOOMBERG TAX

Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: