Agency efforts to crack down on taxpayers’ use of partnerships and other so-called passthroughs to get more, and bigger, deductions was just starting to pick up speed. That work has been crippled by blowback from influential taxpayers affected and angered by the effort and staff reductions that have reached more than 25% of the IRS under President Donald Trump.
Tax authorities worldwide saw a surge in demand last year from multinational companies seeking help resolving tax disputes, according to new data from the OECD.
Bipartisan talks on a broad crypto regulation package, previously stalled by the shutdown, are now heating up, with Republicans pushing for multiple committees to consider legislation.
Plan sponsors have some options for protecting themselves from the rise of class action lawsuits.
Business tax laws in Canada and America are compared.
Mexico’s Supreme Court has provided guidance on requesting a tax refund.
The US Tax Court issued a decision upholding an IRS levy notice against taxpayer for failure to timely pay tax owed. Taxpayer had unpaid payroll tax liabilities for several quarters ...
The U.S. Court of Appeals for the Federal Circuit held that retired pilots’ claims for refunds of FICA taxes paid on nonqualified deferred compensation benefits were properly dismissed for lack ...
The U.S. Court of Appeals for the Federal Circuit affirmed the dismissal of taxpayers’ claims for refunds of FICA taxes paid on expected retirement benefits that were not fully received ...
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.
Italian prosecutors ordered the seizure of around €1.3 billion ($1.5 billion) in shares from the holding company that controls the drinks maker
Internet marketplaces and platforms called for discussion with Mexico’s government about measures approved by Congress this week requiring companies to provide real-time tax information and combat false invoices.
A property owner’s suit challenging an increase to the property’s taxable value was untimely, the Michigan Court of Appeals held in dismissing the suit.
The European Court of Justice (ECJ) Oct. 29 issued an Advocate General opinion for Case T-638/24, on VAT rules for intra-Community acquisitions and supplies. The taxpayer, an Austrian company, purchased ...
The Greek Parliament Oct. 27 accepted for consideration a bill to provide middle class tax support. The bill includes measures to: 1) reduce individual income tax rates for employment income ...
The South African Official Gazette Oct. 28 published Notice No. 6763, extending filing deadlines related to Pillar Two, for the fiscal year commencing on or after Jan. 1, 2024, but ...
The Danish Customs and Tax Administration Oct. 29 posted City Court Decision No. SKM2025.607.BR, clarifying the input VAT and business expense deduction rules regarding alleged subcontractor services. The taxpayer, a ...
The Danish Customs and Tax Administration Oct. 29 posted online National Tax Court Decision No. SKM2025.606.LSR, clarifying dividend withholding tax obligations under the EU parent-subsidiary directive. The taxpayer, a Danish ...
The Omani News Agency (ONA) Oct. 29 announced the issuance of Royal Decree No. 93/2025, ratifying the air transport agreement with Syria, signed Sept. 22. [Oman, News Agency, 10/29/25]
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