The Federal Circuit handed expat taxpayers back-to-back losses, ruling that certain US tax treaties don’t permit offsetting a ...
New York City homeowners trying to escape their pied-à-terre tax liability have a slew of legal strategies to consider as they await their first bills, according to practitioners.
The U.S. Court of Appeals for the Eleventh Circuit held that the IRS did not abuse its discretion in rejecting a taxpayer’s offer in compromise under I.R.C. §7122 based on ...
The IRS on Thursday proposed rules that provide more details on what types of race-based programs private colleges and universities can administer without losing their tax-exempt status.
A taxpayer can continue her legal action against the IRS after the US Tax Court said Wednesday that the agency couldn’t prove it mailed a notice to her home.
The Liechtenstein Fiscal Authority Sept. 2 posted online a synthesized text of the 2015 DTA and protocol with Georgia, and the Multilateral Convention to Implement Tax Treaty Related Measures to ...
The Australian government on Thursday opened for public comment draft legislation to apply a 30% minimum tax on income made from discretionary trusts.
The US Treasury Department escalated an effort to strip schools, including universities, of their special tax-exempt status if they consider race in admissions, scholarships or other areas, a ...
The Finnish government has submitted to Parliament a bill that would cut the corporate income tax rate to 18% beginning in 2027 and extend the maximum business loss carryforward period to 25 years.
Two Senate Democrats are demanding answers from the Treasury Department over reports that officials are developing plans to target left-leaning nonprofits.
Airbnb Inc. failed to convince the US Tax Court Wednesday to exclude a software development expert’s testimony from the record of its $4.2 billion transfer pricing case because expert witness ...
Deborah Paul joined Sidley as a partner in the New York office and as co-head of the firm’s tax practice, the firm announced Wednesday.