IRS Can Levy Religious Group's Property, Split 9th Circ. Says
The IRS can impose a lien on an Arizona residential property held by a religious organization to collect unpaid taxes owed by a bankrupt couple who had decision-making authority over the entity's finances and bank account, a divided Ninth Circuit ruled Thursday.
EU Prepared To Impose €93B In Tariffs On US Goods
The European Commission voted Thursday to impose tariffs on €93 billion ($109 billion) worth of U.S. goods if no trade deal is reached by August as the two sides continue negotiations.
MTC Restructures Some Atty Roles After Key Departures
The Multistate Tax Commission restructured some of its attorney positions to account for last year's departure of its general counsel and deputy executive director, the MTC's top official said Thursday.
IRS Can Levy Religious Group's Property, Split 9th Circ. Says
The IRS can impose a lien on an Arizona residential property held by a religious organization to collect unpaid taxes owed by a bankrupt couple who had decision-making authority over the entity's finances and bank account, a divided Ninth Circuit ruled Thursday.
EU Prepared To Impose €93B In Tariffs On US Goods
The European Commission voted Thursday to impose tariffs on €93 billion ($109 billion) worth of U.S. goods if no trade deal is reached by August as the two sides continue negotiations.
MTC Restructures Some Atty Roles After Key Departures
The Multistate Tax Commission restructured some of its attorney positions to account for last year's departure of its general counsel and deputy executive director, the MTC's top official said Thursday.
Federal More
A Texas bankruptcy judge Thursday declined to stop automation technology group Exela from exiting Chapter 11 next week, but said he would condition the over $1 billion debt-for-equity swap plan's effectiveness... (more story)
A New York City construction company owner was arrested on charges of failing to pay over $2.9 million in employment taxes and falsely claiming that his wife worked as one of his laborers, according to the U.S... (more story)
Michael Bruno of McDermott Will & Emery LLP was tapped as lead tax counsel by two legendary athletes — Lionel Messi and Stephen Curry — for the rollouts of their respective beverage brands, earning him recogni... (more story)
A seasoned investor told a Manhattan federal jury Thursday that he heavily backed a tax-lien fund controlled by a lawyer now accused of fraud, ultimately losing $2.9 million in supposedly low-risk bets where s... (more story)
Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success ... (more story)
The Ninth Circuit has reinstated Barrett Business Services Inc.'s claims of trade secret theft against two former employees, their wives and a competing company they started.
A New York fund manager that claimed in federal court that a shortage of administrative law judges in New York City's Tax Appeals Tribunal gave it no avenue for its assessment challenge has dropped the federal case.
State & Local More
Delta Air Owes Property Tax On Intangibles, Ore. Justices Say
Oregon's taxation of the intangible property of Delta Air Lines is constitutional, the state's Supreme Court ruled Thursday, agreeing with the state tax department and reversing a decision by the state tax court.
Businesses Must Not Overlook Local Tax Nexus, Pros Warn
Recent efforts by home-rule cities and other local jurisdictions to broaden their taxing authority and nexus rules may lead to complications for multijurisdictional businesses, practitioners cautioned Thursday.
NJ Attys Warn RICO Case Revival Would 'Chill' Lawyering
The New Jersey State Bar Association told a Garden State appellate court that lawyers across the state will be chilled from zealously advocating for their clients if it revives the state's racketeering indictm... (more story)
NC Urges 4th Circuit Not To Block Vape Regs During Appeal
North Carolina officials are urging the Fourth Circuit to deny a bid by vape interests to block enforcement of a new state vaping regulation while they appeal their case, saying the plaintiffs have already tri... (more story)
NJ Power Broker Blasts AG's Bid To Revive RICO Case
Garden State power broker George E. Norcross III on Wednesday urged a New Jersey appeals court to affirm the dismissal of the state's explosive racketeering indictment, arguing the trial court was right to tos... (more story)
Ohio Banking Brief: All The Notable Legal Updates In Q2
Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights betwe... (more story)
Rising Star: Freshfields' Joe Soltis
Joe Soltis of Freshfields LLP has advised companies on several multibillion-dollar transactions, including Cencora's $4.6 billion acquisition of Retina Consultants of America, earning him a spot among the tax ... (more story)
Oregon Gov. Calls Special Session For Transportation Funds
Oregon lawmakers will convene a special legislative session to address transportation funding needs, the governor said, as they did not approve a package in the regular session.
Katten Welcomes Ex-Gibson Dunn Tax Pro In New York
Katten Muchin Rosenman LLP announced on Tuesday that it has added a former Gibson Dunn & Crutcher LLP of counsel to its transactional tax planning practice, noting her extensive experience in the finance space.
Oregon's taxation of the intangible property of Delta Air Lines is constitutional, the state's Supreme Court ruled Thursday, agreeing with the state tax department and reversing a decision by the state tax court.
Recent efforts by home-rule cities and other local jurisdictions to broaden their taxing authority and nexus rules may lead to complications for multijurisdictional businesses, practitioners cautioned Thursday.
The New Jersey State Bar Association told a Garden State appellate court that lawyers across the state will be chilled from zealously advocating for their clients if it revives the state's racketeering indictm... (more story)
North Carolina officials are urging the Fourth Circuit to deny a bid by vape interests to block enforcement of a new state vaping regulation while they appeal their case, saying the plaintiffs have already tri... (more story)
Garden State power broker George E. Norcross III on Wednesday urged a New Jersey appeals court to affirm the dismissal of the state's explosive racketeering indictment, arguing the trial court was right to tos... (more story)
Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights betwe... (more story)
Joe Soltis of Freshfields LLP has advised companies on several multibillion-dollar transactions, including Cencora's $4.6 billion acquisition of Retina Consultants of America, earning him a spot among the tax ... (more story)
Oregon lawmakers will convene a special legislative session to address transportation funding needs, the governor said, as they did not approve a package in the regular session.
Katten Muchin Rosenman LLP announced on Tuesday that it has added a former Gibson Dunn & Crutcher LLP of counsel to its transactional tax planning practice, noting her extensive experience in the finance space.
International More
How Cos. In China Can Tailor Compliance Amid FCPA Shifts
The U.S. Department of Justice’s recently updated Foreign Corrupt Practices Act enforcement guidelines create a fluid business environment for companies operating in China that will require a customized compli... (more story)
UK Payroll Co. Dodges £2.1M Penalty In VAT Fraud Case
A payroll company isn't liable for a penalty of £2.1 million ($2.8 million) and can claim a deduction on the £7.1 million in value-added tax that was lost to fraud by a missing trader, a Manchester tribunal ruled.
Trump Says US Has Reached 'Exciting' Trade Deal With Japan
President Donald Trump on Tuesday said the United States has entered into a "massive" trade deal with Japan under which Japan will "open their country to trade, including cars and trucks, rice and certain othe... (more story)
Trump Announces Framework For Indonesia Trade Deal
Indonesian goods entering the U.S. will face a 19% tariff beginning Aug. 1 as U.S. exports will benefit from a series of tariff reductions and removal of certain trade barriers by Indonesia, according to new d... (more story)
Senate Panel Approves Sidley Partner To Be Top Treasury Atty
The Senate Finance Committee approved President Donald Trump's nomination of a Sidley Austin LLP partner to be general counsel of the U.S. Department of the Treasury, sending his nomination to the full Senate ... (more story)
Archer & Greiner Lands Cullen And Dykman Tax Leader In NJ
Archer & Greiner PC has added the former leader of Cullen and Dykman LLP's tax department as a partner, who brings her expertise in mergers and acquisitions and other transactions to the firm.
Rising Star: Kirkland's Devin Heckman
Devin Heckman of Kirkland & Ellis LLP has advised clients on the tax aspects of several multibillion-dollar acquisitions involving technology and healthcare companies, forging ongoing relationships and earning... (more story)
The U.S. Department of Justice’s recently updated Foreign Corrupt Practices Act enforcement guidelines create a fluid business environment for companies operating in China that will require a customized compli... (more story)
A payroll company isn't liable for a penalty of £2.1 million ($2.8 million) and can claim a deduction on the £7.1 million in value-added tax that was lost to fraud by a missing trader, a Manchester tribunal ruled.
President Donald Trump on Tuesday said the United States has entered into a "massive" trade deal with Japan under which Japan will "open their country to trade, including cars and trucks, rice and certain othe... (more story)
Indonesian goods entering the U.S. will face a 19% tariff beginning Aug. 1 as U.S. exports will benefit from a series of tariff reductions and removal of certain trade barriers by Indonesia, according to new d... (more story)
The Senate Finance Committee approved President Donald Trump's nomination of a Sidley Austin LLP partner to be general counsel of the U.S. Department of the Treasury, sending his nomination to the full Senate ... (more story)
Archer & Greiner PC has added the former leader of Cullen and Dykman LLP's tax department as a partner, who brings her expertise in mergers and acquisitions and other transactions to the firm.
Devin Heckman of Kirkland & Ellis LLP has advised clients on the tax aspects of several multibillion-dollar acquisitions involving technology and healthcare companies, forging ongoing relationships and earning... (more story)