Minn. Special Session To Take Up Data Center Tax Tweak
Minnesota would restrict its sales tax break for large data centers while also extending the exemption under an agreement revealed Friday by House Republican and Democratic leaders ahead of a special Legislature session that starts Monday.
Facebook Ruling Casts Uncertainty On Cost-Share Disputes
The U.S. Tax Court recently rejected Facebook's challenge to regulations that determine the buy-in payment for affiliated companies to share the costs of developing intangibles, raising questions about objections to similar rules by pharmaceutical multinationals.
Tax Judges Call For Fairness In Deference Questions
Tax law generally gives deference to state government institutions, but good evidence presented by taxpayers can overcome those presumptions and enable judges to exercise discretion, tax court judges said Thursday.
Minn. Special Session To Take Up Data Center Tax Tweak
Minnesota would restrict its sales tax break for large data centers while also extending the exemption under an agreement revealed Friday by House Republican and Democratic leaders ahead of a special Legislature session that starts Monday.
Facebook Ruling Casts Uncertainty On Cost-Share Disputes
The U.S. Tax Court recently rejected Facebook's challenge to regulations that determine the buy-in payment for affiliated companies to share the costs of developing intangibles, raising questions about objections to similar rules by pharmaceutical multinationals.
Tax Judges Call For Fairness In Deference Questions
Tax law generally gives deference to state government institutions, but good evidence presented by taxpayers can overcome those presumptions and enable judges to exercise discretion, tax court judges said Thursday.
Federal More
The Eighth Circuit denied an Arkansas farm leasing company's action to amortize federal subsidy-eligible land to reduce its tax liability, affirming Friday that the company was not authorized to make such acco... (more story)
A Georgia partnership that formed after the failure of a resort development and donated a conservation easement in exchange for a tax break cannot take an $8.9 million deduction for the property's fair market ... (more story)
As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to cre... (more story)
In this week's Taxation With Representation, Chart Industries Inc. and Flowserve Corp. merge, Aedifica NV and Cofinimmo NV unite, Sanofi buys Blueprint Medicines Corp., and Kimberly-Clark Corp. sells a majorit... (more story)
A Miami lobbyist who admitted to evading $1.3 million in taxes asked a Florida federal court not to sentence him to prison, saying he reported his tax obligations in full, even for the years when he didn't pay... (more story)
A group tracking private equity activity said each of the 15 largest investors in the federal opportunity zone program are private equity firms, with Salt Lake City, Utah-based Bridge Investment Holdings toppi... (more story)
A "sparse and self-serving" record provided by the U.S. Office of Personnel Management still shows the agency unlawfully directed federal agencies to fire probationary employees en masse, so a California feder... (more story)
State & Local More
Skechers' Licensing Deal Improper, Wis. Appeals Court Agrees
Skechers USA lacked purpose, other than avoiding taxes, for creating a subsidiary and entering into transactions with it that resulted in the company claiming nearly a half billion dollars in deductions in Wis... (more story)
Colo. To Vote On High-Earner Tax Hike For Free School Meals
Colorado voters will choose whether to raise taxes on high earners to support the state's free school meals program and whether to let the state keep excess revenue already collected under legislation signed b... (more story)
Getting One Right: SALT In Review
From a New York taxpayer's victory on appeal to a proposed administrative change in Louisiana, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
Mich. Judge Trims Property Owners' Foreclosure Surplus Suit
A Michigan federal judge trimmed a proposed class action filed by former property owners who accused Wayne County of wrongfully refusing to pay them surplus proceeds from tax foreclosure sales.
Tenn. To Add New Tax To CBD And Delta-8 Products
Tennessee is set to impose a new wholesale tax structure on hemp-derived THC products, eliminating its 6% retail sales tax at the beginning of 2026, according to a notice published Thursday.
Judge Ponders If Netflix's Tax Theory Is 'Too Philosophical'
A Colorado appellate judge on Wednesday wondered if Netflix's argument for why its subscriptions are not subject to state sales tax is "too philosophical" and doesn't reflect its actual transactions with custo... (more story)
Va. Supreme Court Won't Review Partnership Tax Dispute
The Virginia Supreme Court refused to take up an appeal by the state's tax agency of a ruling that rejected its use of a blended apportionment formula to calculate a corporate partner's tax liability on income... (more story)
Wis. Court Says PL 86-272 Can't Shield Fla. Travel Co.
A Florida-based travel service can't claim P.L. 86-272Â barred Wisconsin's taxation of the company's activities in the state, a Wisconsin appeals court ruled, backing a corporate income and franchise tax assess... (more story)
Ohio Justices Told State Tax Commish Overvalued Pipeline
The Ohio tax commissioner overvalued a pipeline, and the state tax appeals board erred in adopting that valuation instead of coming up with its own value, a pipeline company told the Ohio Supreme Court on Wednesday.
Skechers USA lacked purpose, other than avoiding taxes, for creating a subsidiary and entering into transactions with it that resulted in the company claiming nearly a half billion dollars in deductions in Wis... (more story)
Colorado voters will choose whether to raise taxes on high earners to support the state's free school meals program and whether to let the state keep excess revenue already collected under legislation signed b... (more story)
From a New York taxpayer's victory on appeal to a proposed administrative change in Louisiana, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
A Michigan federal judge trimmed a proposed class action filed by former property owners who accused Wayne County of wrongfully refusing to pay them surplus proceeds from tax foreclosure sales.
Tennessee is set to impose a new wholesale tax structure on hemp-derived THC products, eliminating its 6% retail sales tax at the beginning of 2026, according to a notice published Thursday.
A Colorado appellate judge on Wednesday wondered if Netflix's argument for why its subscriptions are not subject to state sales tax is "too philosophical" and doesn't reflect its actual transactions with custo... (more story)
The Virginia Supreme Court refused to take up an appeal by the state's tax agency of a ruling that rejected its use of a blended apportionment formula to calculate a corporate partner's tax liability on income... (more story)
A Florida-based travel service can't claim P.L. 86-272Â barred Wisconsin's taxation of the company's activities in the state, a Wisconsin appeals court ruled, backing a corporate income and franchise tax assess... (more story)
The Ohio tax commissioner overvalued a pipeline, and the state tax appeals board erred in adopting that valuation instead of coming up with its own value, a pipeline company told the Ohio Supreme Court on Wednesday.
International More
Arizona Mining Co. Challenges $417M Ruling In Peru Dispute
Peru breached its U.S. trade agreement by imposing $417 million in penalties and interest on the unpaid royalties of an Arizona-based mining company's local operator, the company said while asking internationa... (more story)
Darts Champ Banned As Director Over Unpaid £450K Tax Bill
A former darts world champion has been banned from running companies for five years after his business failed to pay more than £450,000 ($610,000) in tax, the Insolvency Service has revealed.
Trump Expects China Trade Talks To Resume After Xi Phone Call
President Donald Trump said he and Chinese President Xi Jinping spoke over the phone Thursday about an impasse in ongoing trade talks over U.S. claims China was slow-walking the exports of rare earths, with Tr... (more story)
HMRC Loses £47M To Phishing Targeting PAYE Accounts
HM Revenue & Customs has detected phishing attacks on 100,000 taxpayer accounts, costing the revenue service £47 million ($64 million), the tax authority's new chief executive told members of Parliament.
NJ Man Cops To Dodging $2M Tax Bill On Real Estate
A New Jersey man linked to an intricate pension plan scheme involving refunds from the Dutch government pled guilty to evading more than $2.4 million in U.S. taxes by concealing ownership of more than $5.5 mil... (more story)
Steel, Aluminum Tariff Hike Casts Cloud Over US Investment
President Donald Trump's latest tariff increases on steel and aluminum imports strengthen an existing barrier to an already duty-riddled trade environment and could put both domestic and foreign businesses' in... (more story)
Satellite Co. Execs Released In $250M Fraud, Evasion Case
Two more satellite company executives facing charges of tricking investors out of $250 million are being released after their leader, who was additionally accused of tax crimes, was deemed a flight risk, accor... (more story)
Peru breached its U.S. trade agreement by imposing $417 million in penalties and interest on the unpaid royalties of an Arizona-based mining company's local operator, the company said while asking internationa... (more story)
A former darts world champion has been banned from running companies for five years after his business failed to pay more than £450,000 ($610,000) in tax, the Insolvency Service has revealed.
President Donald Trump said he and Chinese President Xi Jinping spoke over the phone Thursday about an impasse in ongoing trade talks over U.S. claims China was slow-walking the exports of rare earths, with Tr... (more story)
HM Revenue & Customs has detected phishing attacks on 100,000 taxpayer accounts, costing the revenue service £47 million ($64 million), the tax authority's new chief executive told members of Parliament.
A New Jersey man linked to an intricate pension plan scheme involving refunds from the Dutch government pled guilty to evading more than $2.4 million in U.S. taxes by concealing ownership of more than $5.5 mil... (more story)
President Donald Trump's latest tariff increases on steel and aluminum imports strengthen an existing barrier to an already duty-riddled trade environment and could put both domestic and foreign businesses' in... (more story)
Two more satellite company executives facing charges of tricking investors out of $250 million are being released after their leader, who was additionally accused of tax crimes, was deemed a flight risk, accor... (more story)