Successful data center developers will be the ones who maximize the efficiencies of every state and federal tax program in such a capital-intensive market, Ryan LLC’s Ian Boccaccio and Dane Ware say.
Lucy Woodward of Saffery says addressing the UK-US LLC mismatch would be a meaningful improvement, but wider certainty over their prospective UK tax exposure is vital for high-net-worth individuals.
This week, experts analyzed Pillar Two compliance, state tax credits for renewable energy projects, and more.
Critics of the state and local tax deduction cap should accept its constitutionality but push for changes such as eliminating the cap’s marriage penalty, smoothing its phaseout, and requiring the Treasury Department to rationalize the treatment of pass-through entity taxes, Andrew Leahey writes.
Creating a $1.8 billion taxpayer-funded compensation fund in exchange for President Donald Trump dropping his lawsuit against the IRS has government experts trying to make sense of what precedent this creates going forward, Danny Werfel writes.
OBBBA restores immediate domestic R&E expensing while reshaping CAMT, BEAT, FDDEI, and R&D credit planning, KPMG practitioners, Natalie Tucker, Kate Abdoo, Seevun Dunckzar, Hogan Humphries, and Alexander Fox state.
Robust taxpayer protection policies, transparent AI governance, strong data integrity practices, and meaningful human oversight are essential to ensuring that digital transformation enhances rather than undermines fairness, KPMG practitioners, Christian Wiesener, Barbara Mbaebie, and Akaoma Osele, say.
KPMG’s Daida Hadzic and Rob Fagan say FIFA’s reported US federal tax deal may ease team-level tax exposure for the 2026 World Cup, but it doesn’t change the core tax, withholding, classification, and social security issues affecting players, coaches, and staff.
Notice 2026-17 brings the §987 currency regime back in a somewhat circular path to its 1991 proposed regulations roots, with an election to apply an earnings and capital methodology, Grant Thornton’s Cory Perry and Wei Fan say.
Grant Thornton practitioners discuss how enterprises should allocate the value resulting from AI enablement when people, data, and workflows are interdependent and reside globally.
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.
Companies looking to transfer existing IP from offshore affiliates to US entities, or to place all newly created IP in US affiliates, should know that each choice poses tax and legal challenges.
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: