


SALT Cap Boost in Trump Tax Bill Supersizes New Yorkers’ Refunds
Many New York, New Jersey and California residents are enjoying supercharged tax savings this year from a provision in President

State Tax Breaks for Data Centers Come Under Fire With AI Boom (Podcast)
Data centers have emerged as a major political target in state capitals as they proliferate across the country and elected officials hear voter complaints about the massive, energy-guzzling warehouses.
PODCASTS
Fiscal Stress Permeates Government Accounting Rule Writer's Work
US Tax Carve-Out Beats Retaliation, OECD Business Rep Says
OECD Deal Success Hinges on Implementation, Rep. Estes Says
Making Sense of the Global Tax Carve-Out for US Companies
Columns + Commentary
Danny Werfel By All AccountsMinnesota Probes Reveal That Fraud Prevention Requires Tradeoffs
Andrew Leahey Technically SpeakingVolkswagen Move to Vacate Onshoring Shows US Tariff Policy Flaws
Andrew Leahey Technically SpeakingNY Budget Leaves the Future Vulnerable to Avoid Political Pain
Andrew Leahey Technically SpeakingIRS Partnership Audit Brain Drain Is an Opportunity for States
Practitioner Insights
View More Insights
Bloomberg Tax Journals
View MoreFuel Tax Refund Implementation Encounters Appropriation Hurdles
Section 6435’s fuel tax refund for downstream parties stalls due to appropriation limitations.
Courts Scrutinize ERISA Fiduciary Process: Are You Prepared?
Recent Supreme Court decisions emphasize that ERISA fiduciary prudence is determined by a well-documented decision-making process rather than just investment outcomes.
Spain Revives Equity Capitalization Reserve as Business Tax Tool
Spain’s 2024 tax reforms offer enhanced equity incentives and holding company benefits, making it a competitive destination for international business structuring.
Tax Developments
View MoreIRS Issues News Release Providing Guidance on Energy Tax Credits for Assistance from Prohibited Foreign Entity (PFE)
The IRS issued a news release providing guidance for determining eligibility for certain energy tax credits when there is material assistance from a prohibited foreign entity (PFE). The notice outlines ...
U.S. District Court Dismisses Taxpayer’s Refund Claim Due to Improperly Executed Amended Returns
The U.S. District Court for the Northern District of Illinois dismissed a taxpayer’s refund claim due to issues with improperly executed amended tax returns. The taxpayer, a corporation, sought a ...
IRS Encourages Taxpayers to Use Online Tools for Faster Assistance
The IRS issued a news release encouraging taxpayers to visit IRS.gov rather than call during the Presidents Day week. The IRS also highlights the benefits of electronic filing and offers ...
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
Congress and DC Tax Standoff Leaves Local Filing Season in Limbo
Filing taxes in the nation’s capital was once as mundane and predictable as anywhere else.
IRS Must Address Free File Inefficiencies, Democrats Say
A partnership between the IRS and private tax preparation services won’t fully replace the end of the agency’s shuttered Direct File service, a handful of Democrats overseeing the IRS wrote to the agency’s leadership.
Trump Renews Push to End Union Contracts for Federal Workers
The Trump administration ordered federal agencies to begin the process of formally terminating collective bargaining agreements with public-sector unions, a move the unions argued should prompt a DC court to intervene.
Trump Maritime Action Plan Floats Land Port Maintenance Tax
President Donald Trump is considering imposing a new tax on goods entering the country by land as part of broader efforts to expand domestic shipbuilding.
FROM ACROSS BLOOMBERG TAX
- Daily Tax Report International
- Daily Tax Report State
- Transfer Pricing Report
- The Exchange: Tax Insights & Commentary
United Kingdom Tax Agency Posts Synthesized Text of DTA, Protocol With Argentina
The United Kingdom HM Revenue and Customs Feb. 11 posted a synthesized text of the 1996 DTA and protocol with Argentina, and the Multilateral Convention to Implement Tax Treaty Related ...
France Cabinet Approves Draft Bill to Ratify SSA, Administrative Arrangement With Moldova
The French Council of Ministers Feb. 11 approved a draft bill to ratify the social security agreement (SSA) and its implementing administrative arrangement with Moldova, signed March 10, 2025. [France, ...
Austria to Sign Air Transport Agreement With Uruguay
The Austrian Federal Chancellery Feb. 11 approved Bill No. 40/16, authorizing the signature of an air transport agreement with Uruguay. [Austria, Federal Chancellery, 02/11/26]
Czech Republic Lower House Considers Resolution to Ratify DTA With Kenya
The Czech Chamber of Deputies Feb. 11 accepted for consideration Resolution No. 105/0, to ratify the DTA with Kenya, signed Sept. 23, 2025. [Czech Republic, Chamber of Deputies, 02/11/26]
European General Court Issues Preliminary Ruling on Polish Input VAT Deduction Rules
The European General Court (EGC) Feb. 11 issued a preliminary ruling for Case No. T-689/24, on Polish input VAT deduction rules. The taxpayer, a Polish gas and electricity clearinghouse, deducted ...
European General Court Issues Preliminary Ruling on VAT Regarding Unlicensed Public Communication of Musical Works
The European General Court (EGC) Feb. 11 issued a preliminary ruling for Case No. T-643/24, on VAT regarding the unlicensed public communication of musical works. The taxpayer, a Romanian company ...
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