The U.S. District Court for the Eastern District of Tennessee held that taxpayers failed to establish material participation in a partnership for purposes of deducting passive activity losses under I.

The IRS published a notice requesting additional comments on guidance under I.R.C. §1400Z-2 following amendments to the qualified opportunity zone rules made by the One Big Beautiful Bill Act (OBBBA).

The Danish Customs and Tax Administration Sept. 18 posted online Western High Court Decision No. SKM2026.459.VLR, clarifying the VAT treatment of building plot transfers. The taxpayer, a partnership, ...

The Irish Revenue Commissioners Sept. 10 issued Revenue eBrief No. 135/26, and updated guidance on nonresident entity classifications regarding the capital gains tax (CGT) relief for specified ...

The U.S. District Court for the District of Utah held that foreclosure of federal tax liens against jointly owned property was appropriate under I.R.C. §7403 despite a state divorce decree ...

A businessman who calls himself the “Godfather of Good Cannabis” and the marijuana growing company he founded almost 30 years ago are challenging a multi-million IRS tax bill in federal court.

Companies should be exempted from parts of the the EU’s anti-profit-shifting tax regime if they are already subject to a domestic minimum tax, a trade group argued Wednesday.

A half-dozen tech moguls have made noisy departures from California to escape a proposed billionaire tax, but it’s unclear whether that would save them from the 5% levy on accumulated wealth — ...

A Treasury official clarified the government’s thinking on its decision not to provide relief for companies that incur a domestic loss as a result of a new expense allocation measure created in ...

The U.S. Tax Court held that a tax preparer’s underpayments for tax years 2009 through 2011 were attributable to fraud, sustaining the IRS’s deficiency determinations and civil fraud penalties. The ...

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.

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 ...