


New Meta Tax Fight Debuts IRS Transfer Pricing ‘Double Tap’
Meta Platforms Inc. may have thought its transfer pricing problems with the IRS ended with a mixed decision from the US Tax Court last spring. Not so much.

IRS Shifts 1,000 IT Employees to Chief Operating Division
The IRS is moving 1,000 IT employees to its chief operating officer umbrella, the agency announced to impacted workers Thursday.
Practitioner Insights
View More InsightsBloomberg Tax Journals
View MoreHow Canada’s Budget Law Affects Canada-US Tax Comparisons
How Canada ‘s November 4 federal budget affects Canada-US tax comparisons is examined.
OECD Clarifies Home Office Permanent Establishment Rules: Part 2
The OECD introduces new metrics for assessing permanent establishment risk in cross-border remote work.
California Supreme Court Clarifies Trust Amendment Standards
A California litigator’s framework for navigating exclusivity, delivery, and intent after Haggerty is presented.
Tax Developments
View MoreIRS PLR: Extension Granted to Elect Partnership Property Basis Adjustments (IRC §754)
The IRS has published a private letter ruling on I.R.C. §754 and Treas. Reg. §301.9100, granting a 120-day extension to elect partnership property basis adjustments following the death of a ...
IRS PLR: Extension Granted to Elect Partnership Property Basis Adjustments (IRC §754)
The IRS has published a private letter ruling on I.R.C. §754 and Treas. Reg. §301.9100, granting a 120-day extension to elect partnership property basis adjustments. [PLR 202550021]
IRS PLR: Extension Granted to Elect Partnership Property Basis Adjustments (IRC §754)
The IRS has published a private letter ruling on I.R.C. §754 and Treas. Reg. §301.9100, granting a 120-day extension to elect partnership property basis adjustments. [PLR 202550020]
PODCASTS
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
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.
Latest Stories
Charting the Global Economy: Fractured Fed Lowers US Rates
The Federal Reserve lowered its benchmark interest rate again this week, though details from the meeting highlighted fractures among policymakers that will greet a new Fed chair next year.
US Lifts Sanctions on Brazil Judge Who Led Bolsonaro Trial
The US lifted sanctions on Brazilian Supreme Court Judge
Goldstein Wins Bid to Toss Sordid Sham Employment Allegations
SCOTUSblog founder Tom Goldstein won on Friday his bid to dismiss allegations that he funneled money to paramours through his law firm, at least with respect to four counts of tax evasion.
Blow Torch Gas Qualifies for Tax Refund, Alabama Judge Rules
A defunct scrap yard is entitled to a reduced sales tax rate on natural gas it bought to power a blow torch used to cut metal down into marketable sizes and shapes, the Alabama Tax Tribunal ruled.
FROM ACROSS BLOOMBERG TAX
- Daily Tax Report International
- Daily Tax Report State
- Transfer Pricing Report
- The Exchange: Tax Insights & Commentary
France Administrative Court of Appeal of Nantes Clarifies Property Tax Rules for Temporary Construction Installations
The French Administrative Court of Appeal of Nantes Dec. 9 issued Decision No. 25NT00353, clarifying the property tax treatment of temporary modular installations used during a major public infrastructure project. ...
Australia Tax Agency Seeks Comments on Draft Guideline on Transfer Pricing for Inbound Distribution Arrangements
The Australian Taxation Office Dec. 10 opened a consultation on Draft Practical Compliance Guideline No. PCG 2019/1DC, on transfer pricing issues related to inbound distribution arrangements. The draft guideline includes ...
Denmark Tax Agency Clarifies Taxation of Royalty Payments to Nonresident Companies
The Danish Customs and Tax Administration Dec. 10 posted online National Tax Court Decision No. SKM2025.703.LSR, clarifying the taxation of royalty payments to nonresident companies. The taxpayer, a Cypriot company ...
Finland Tax Agency Updates Guidance on Reduced Withholding Tax Rate for Key Employee Salaries
The Finnish Tax Administration Dec. 10 posted online updated Guidance No. VH/7327/00.01.00/2025, on the reduced withholding tax rate for key employee salaries, effective Jan. 1, 2026. Topics covered include: 1) ...
Malta Gazettes Legal Notice Amending Rules for Employment Income Deduction
The Maltese Official Gazette Dec. 5 published Legal Notice No. 279/2025, amending rules for deducting income from employment, effective from the 2027 assessment year. The legal notice includes a measure ...
France Administrative Court of Appeal of Nantes Clarifies Payroll Tax Rules for Holding Companies
The French Administrative Court of Appeal of Nantes Dec. 9 issued Decision No. 25NT00704, clarifying the application of payroll tax to directors’ remuneration in holding companies. The taxpayer, a holding ...
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