


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
Cambodia Parliament Approves Draft Law to Ratify DTAs With Laos, Philippines, Protocol With Singapore
The Cambodian Parliament Dec. 8 announced the approval of a draft law to ratify: 1) the DTA with Laos, signed Dec. 4, 2024; 2) the DTA with the Philippines, signed ...
Denmark Tax Agency Clarifies Increase in A-Tax, Labor Market Contributions on Payments to Subcontractors
The Danish Customs and Tax Administration Dec. 10 posted online City Court Decision No. SKM2025.706.BR, clarifying the increase in A-tax and labor market contributions on payments to subcontractors. The taxpayer, ...
Nepal Tax Agency Announces Termination of 1999 DTA, Protocol With Mauritius
The Nepali Inland Revenue Department Dec. 10 announced the termination of the DTA and protocol with Mauritius, signed Aug. 3, 1999. The decision takes effect from July 17, 2026, for ...
Kazakhstan Gazettes Resolution Establishing Special Economic Zone in Atyrau
The Kazakhstani Official Gazette Dec. 1 published Resolution No. 1028, establishing a special economic zone (SEZ) in Atyrau. The resolution includes measures: 1) establishing the SEZ until Dec. 31, 2036; ...
Czech Republic MOF Updates List of DTAs
The Czech Ministry of Finance Dec. 10 posted an updated list of DTAs that have entered into force to include information on the DTA with Japan, signed Oct. 11, 1977. ...
Montenegro Gazettes Entry Into Force Date of SSA With Bosnia and Herzegovina
The Montenegrin Official Gazette Dec. 8 published Notice No. 6/1-053/25-1301, announcing that the social security agreement (SSA) with Bosnia and Herzegovina, signed March 19, entered into force Dec. 1. [Montenegro, ...
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