Pennsylvania contends it could reach back as far as six years to tax nonfungible tokens, or NFTs, but such an aggressive, retroactive policy could trigger litigation.

Countries working on developing implementation guidelines for the global minimum tax are contemplating how they should deal with disputes.

The Treasury Department is looking at ways to attribute US taxes on foreign income to each country where they’re generated, because that breakdown might be needed if the US isn’t fully aligned with OECD’s plans for a global minimum tax.

Consumers across Colorado will notice a surcharge on goods shipped to their doorsteps by services such as Amazon and Instacart starting Friday, when the state’s new 27-cent “retail delivery fee” takes effect. Draft guidance on the one-of-a-kind fee program was released only last month and no final rules have been issued for retailers.

Germany will give companies a one-year extension on asking for an exemption from a nearly century-old tax on intellectual property income, an official said.

The UK is planning to release a draft minimum tax law in July for public consultation, following in the footsteps of the EU, which released a draft in December.

Labor taxation in the European Union in 2020 hit 21.5% of gross domestic product, the highest level since at least 1995, the European Commission said in a report issued Tuesday.

The judge overseeing billionaire Robert Brockman’s tax-evasion case, the largest against an individual in US history, tentatively set his trial date for Feb. 23, 2023.