
Adoption Tax Credit Boost Rests on IRS Keen on Purging Fraud
The IRS approach to examining people claiming the newly expanded adoption tax credit could blunt the uptake of the popular break expanded in last year’s GOP tax law.

The IRS approach to examining people claiming the newly expanded adoption tax credit could blunt the uptake of the popular break expanded in last year’s GOP tax law.

A new tax credit in Israel promises to boost foreign investment from giant tech companies like Nvidia Corp. while addressing a major dilemma: offering such incentives to companies without running afoul of the global minimum tax.

The South Carolina Court of Appeals will hear arguments Wednesday in a case about how to determine what portion of



ERISA fiduciaries should understand AI’s promise, risks, and rapidly evolving compliance challenges for employer-sponsored group health plans, states SBMA’s Alden Bianchi in the first of his three-part article.
Dr. Glenn DeSouza of Dentons discusses how as fiscal pressures rise and Golden Tax IV rolls out, China is intensifying tax enforcement, placing MNEs under greater scrutiny on transfer pricing, beneficial ownership status, High and New Technology Enterprise status, and R&D super deduction claims.
The OECD has handed tax authorities a robust, treaty-sanctioned framework to attack excessive debt financing, meaning corporate tax directors must ensure every intercompany financial transaction is backed by rigorous analyses, says STI Taxand’s Christos Theophilou.
The IRS issued proposed regulations providing guidance on how taxpayers can claim payments (refunds) for previously taxed dyed diesel fuel and kerosene under I.R.C. §6435. The rules clarify eligibility and ...
The U.S. District Court for the Northern District of Ohio dismissed the taxpayer’s motion to quash an IRS summons, issued to a bank, due to lack of jurisdiction because the ...
The IRS published a Treasury Decision on final regulations clarifying that amounts paid to Indian tribe members as remuneration for services performed in fishing rights-related activities may be treated as ...
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.
State tax frameworks, immigration, firearms, and emerging commercial areas — such as prediction markets and cannabis — were common themes among the second group of states to wrap up their legislative sessions this year.
With IRS enforcement resources on the decline, history is now repeating itself. This time, it’s a booming market for abusive tax shelters, writes columnist Danny Werfel.
ERISA fiduciaries should understand AI’s promise, risks, and rapidly evolving compliance challenges for employer-sponsored group health plans, states SBMA’s Alden Bianchi in the first of his three-part article.
The Italian Supreme Court’s decisions in the GE Medical Systems Italia cases are a reminder that agreeing on a transfer pricing method is only the first step—what courts are increasingly looking at is the quality of the benchmark used to apply it, Reptune Tax’s David Zarecky says.
With IRS enforcement resources on the decline, history is now repeating itself. This time, it’s a booming market for abusive tax shelters, writes columnist Danny Werfel.
ERISA fiduciaries should understand AI’s promise, risks, and rapidly evolving compliance challenges for employer-sponsored group health plans, states SBMA’s Alden Bianchi in the first of his three-part article.
Turkey’s planned corporate tax cuts for exporters would cost the budget an estimated 34b liras ($750m), according to a Treasury and Finance Ministry impact analysis seen by Bloomberg.
After six years of economic stagnation, Germany’s politicians are slowly waking up to the need for comprehensive reform. Unfortunately, the country’s polarized politics and extreme wealth inequality makes agreeing on radical measures to delay retirement and curb welfare spending acutely difficult.
The French Administrative Supreme Court April 30 issued Decision No. 501601, clarifying the treatment of daily workplace accident allowances under the Social Security Code. The taxpayer, an individual receiving the ...
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: