DOJ Tax Attorneys Focus on Immigration, Nonprofits After Shakeup

State Tax Breaks for Data Centers Come Under Fire With AI Boom

Fiscal Stress Permeates Government Accounting Rule Writer's Work

US Tax Carve-Out Beats Retaliation, OECD Business Rep Says

Bloomberg Tax Journals

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India Court Decisions on MLI Require Separate Notifications

India’s 2020 MLI implementation faces challenges due to court rulings requiring separate notification for each modified tax treaty.

How Does Tax and Business Alignment Drive Procurement Value?

Global disruption, rising costs, and digital innovation are transforming procurement into a critical driver of enterprise value—explore how a tax-informed operating model is reshaping the future of procurement.

Who Won Gold with the Latest CAMT Guidance from Treasury?

Treasury issues new guidance addressing CAMT criticisms, offering relief on a number of issues plaguing CAMT taxpayers while final regulations are pending.

Tax Developments

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IRS Releases Updated Fact Sheet FAQs on Refundability, Recognizing Indian Tribal Governments for Special Needs Determination for Adoption Tax Credit

The IRS released an updated FAQs on refundability, and special needs determinations made by Indian tribal governments, for the adoption tax credit. The information includes clarifying the tax credit for ...

U.S. Appeals Court Affirms IRS Authority to Assess Penalties for Unreported Foreign Business Control

The U.S. Court of Appeals for the Second Circuit affirmed that the IRS can assess penalties under IRC §6038(b) for failure to report control of a foreign business, vacating and ...

U.S. Tax Court Memorandum Decision Upholds IRS Decision, Denies Taxpayer’s Business Expense Deductions

The U.S. Tax Court, in a memorandum decision, held that the taxpayer was not entitled to deduct expenses reported on Schedules C and was liable for accuracy-related penalties, sustaining the ...

IRS Shakeup: How Is the US Tax Agency Adapting to Trump's Vision?

Since President Donald Trump took office, the IRS has faced transformative changes, including a substantial reduction in its workforce and the appointment of seven different commissioners or acting commissioners.

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Reeves’ Say-Nothing Moment Left UK’s Challenges Unanswered (1)

Rachel Reeves had promised to deliver a nothing-to-see-here spring forecast this week, an event to be celebrated for its uneventfulness. After war erupted in the Middle East, however, Tuesday’s statement was more striking for what the UK’s Chancellor of the Exchequer failed to say.

Trump’s IRS Lawsuit Offers Lessons on Privacy and Legal Process

President Donald Trump’s $10 billion lawsuit against the IRS should reinforce several lessons that extend well beyond this case: Taxpayer privacy is fundamental. Courts have tools to preserve fairness when structural conflicts arise. Presidential proximity to litigation decisions can heighten those conflicts. And policy choices about investment, access, and oversight have real-world consequences.

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