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June 17, 2026
An information technology distributor has refused to pay electronic components distributor Avnet at least $27 million of tax credits and refunds, breaching a 2016 acquisition agreement between the two companies, according to a complaint in a New York federal court.
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June 17, 2026
A cannabis real estate company and an affiliate gutted a $27 million cultivation facility, stopped paying taxes on it and defaulted on a $4.6 million clean-energy loan, according to a federal lawsuit by the lender, which seeks a court-ordered sale of the property.
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June 17, 2026
The Michigan tax tribunal wrongly ruled that a senior care facility's low-income units shouldn't be considered when assessing the property, a state appeals court panel said, remanding the case back to determine its valuation considering the rental restrictions.
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June 17, 2026
Troutman Pepper Locke LLP has hired a former McDermott Will & Schulte tax partner who focuses his practice on tax credits for renewable and transitional energy, as well as other energy-financing matters, the firm recently announced.
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June 17, 2026
A Pennsylvania trial court must reconsider the charitable use of land owned by a trust under an analysis provided by the appellate Commonwealth Court and reevaluate whether the land is eligible for a charitable tax exemption, the appellate court ruled Wednesday.
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June 17, 2026
Florida established an independent special district in Hillsborough County that may impose taxes, including property taxes if approved by voters in a referendum, under a bill signed by Gov. Ron DeSantis.
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June 17, 2026
Hong Kong lawmakers adopted a bill Wednesday to tighten requirements on financial institutions pursuant to the automatic exchange of information between tax authorities, building off suggestions made during a peer review of the jurisdiction's legal framework, the Inland Revenue Department said.
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June 16, 2026
Illinois will tax digital advertising, social media platforms, cryptocurrency, prediction markets and more under a nearly $56 billion budget signed Tuesday by Democratic Gov. JB Pritzker.
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June 16, 2026
The Second Circuit issued a summary order Tuesday affirming the conviction of a Connecticut man who pled guilty to tax crimes, disagreeing that allegedly misleading advice from trial attorneys about the immigration implications of his plea warranted his withdrawing it.
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June 16, 2026
Virginia's governor and lawmakers on Tuesday announced an agreement to tax and regulate the sale of adult-use cannabis with sales beginning in July 2027.
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June 16, 2026
Acting U.S. Attorney General Todd Blanche's nomination hearing is a month away, and the fate of his confirmation is likely in the hands of Sens. Thom Tillis, R-N.C., and John Cornyn, R-Texas.
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June 16, 2026
The U.S. Supreme Court's recent decision upholding federal agency fines without a jury trial doesn't undermine a challenge against IRS penalties tied to a charitable tax deduction for a Louisiana conservation easement contribution, the partnership donor told the Fifth Circuit.
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June 16, 2026
A Minnesota office building was overvalued at $108 million, its owner told the state Supreme Court, challenging the state tax court's reconciliation of competing appraisers' conclusions and other matters.
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June 16, 2026
A Maryland federal judge on Tuesday denied SCOTUSblog founder Tom Goldstein's bid for an acquittal or new trial, rejecting his claims that issues with jury instructions and excluded evidence warranted a do-over in his tax evasion and mortgage fraud case.
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June 16, 2026
European Union lawmakers voted Tuesday to approve legislation implementing the bloc's safeguard-bolstered trade deal with the U.S. founded on a series of tariff cuts, moving one step closer to implementation that is expected before the end of the month.
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June 15, 2026
An IRS directive issued last month ordering the removal of flyers and other materials promoting the National Treasury Employees Union is a "textbook example" of First Amendment violations, the NTEU told a District of Columbia federal court Monday.
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June 15, 2026
An Atlanta attorney was sentenced to more than one year in federal prison after evading almost $1.5 million in federal income taxes from 2016 through 2019, a Georgia federal court announced Monday.
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June 15, 2026
The 2002 title transfer of a Washington, D.C., property resulting from the merger of a partnership and a limited liability company was subject to the district's real estate recordation and transfer taxes, an appeals court ruled, affirming a $6 million assessment.
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June 15, 2026
BakerHostetler has added two tax attorneys previously with Alston & Bird LLP as partners in its Washington, D.C., office, the firm announced Monday.
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June 15, 2026
President Donald Trump pushed back on a group of former federal judges' claim that the settlement closing his $10 billion suit against the IRS was a result of fraud against a Florida federal court, attacking their motion to reopen the suit as "baseless" and legally dubious.
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June 15, 2026
The U.S. Supreme Court refused Monday to review a case challenging tariffs that President Donald Trump installed and increased on Chinese goods during his first term.
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June 15, 2026
The U.S. Supreme Court refused Monday to take up property owners' challenge of a Georgia Supreme Court ruling that left them on the hook for stormwater utility bills by classifying the charges as fees rather than taxation that the owners alleged was unconstitutional.
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June 12, 2026
A skeptical Second Circuit judge on Friday told a Connecticut attorney to stop saying his client was "affirmatively misled" while pleading guilty to tax evasion charges, hinting a written plea agreement and verbal warnings from a federal judge were probably sufficient to advise the client he could be deported.
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June 12, 2026
The government's appeal of an order requiring immediate refunds for tariffs that were deemed illegal by the U.S. Supreme Court earlier this year is the latest obstacle for importers forced to stall investments in new products and brace for a longer wait for their refunds in response.
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June 12, 2026
Trying to move forward Virginia's budget, which has been snarled for weeks amid an intraparty fight over continuing tax breaks for data centers, state House Democrats proposed what they called a compromise plan Friday that would create a commission to study the centers.