A federal judge in Dallas said ExxonMobil Corp. can claim 100% of a major tax deduction stemming from its natural gas partnership with the State of Qatar.

A Tennessee conservation easement donor had ample opportunities to contest a disputed land valuation before going to court, a federal judge ruled Tuesday, even though the IRS paused the case after ...

The Ninth Circuit on Tuesday affirmed the sentence and dismissed an appeal of a former FBI informant who admitted to providing false information regarding bribes he said were accepted by then-Vice ...

Massachusetts Governor Maura Healey proposed a two-month suspension of the state’s gas tax to help offset rising costs for drivers, endorsing a policy that’s also been pushed by the Republican ...

Courts must first determine the economic substance doctrine’s relevance to a transaction before the IRS can raise a challenge under it, a nonprofit taxpayer advocacy organization told the Fifth ...

Longtime tax-writing Rep. John Larson (D-Conn.) is on his way out. Whoever takes over the House Ways and Means Committee’s Social Security subcommittee next Congress will have their work cut out for ...

The Justice Department told an appeals court it largely agrees with the religious groups suing it over how far churches can wade into politics and still keep their tax-exempt status.

Perrigo Sales Corp. properly computed its gross receipts from generic drug sales for Ohio commercial activity tax purposes, the state’s highest court ruled Tuesday. The drugmaker argued its gross ...