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Sen. Carl Levin, D-Mich., and Rep. Sander M. Levin, D-Mich., Ways and Means ranking minority member, have introduced legislation to strengthen anti-inversion rules.

A case recently resolved at the Appellate Tax Board serves as a reminder that Massachusetts' auditors continue to aggressively challenge the following intercompany transactions:

Over the last decade, the IRS has assumed a broader role in the governance of tax-exempt organizations and embraced the view that transparency leads to tax compliance.

The annual deadline for filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (commonly known as the "FBAR" form) is fast approaching.

The IRS may owe FICA tax refunds on severance payments made by employers to laid-off or terminated employees as part of reductions in workforce.

Following the issuance of proposed regulations in June 2011, the Internal Revenue Service issued final regulations on March 30, 2015 clarifying certain exceptions to the compensation deduction limitation imposed by Section 162(m) of the Internal Revenue Code.

The First Circuit has vacated (Docket Nos. 11-2017 & 11-2033) the Tax Court opinion in Kaufman v. Commissioner (136 T.C. No. 13), denying a charitable deduction for the contribution of a façade easement on a Boston townhouse.

Although most of the attention from the Tax Reform Act signed by President Trump on December 22, 2018 (Public Law 115-9, informally known as the "Tax Cuts and Jobs Act")

Washington State Representative April Berg discusses her proposal to replace the state's 1933-era Business and Occupation gross receipts tax with a margins-based structure. The conversation explores the historical context of the B&O tax's complexity, including its 100+ rate categories, and examines why Washington has maintained this system while other states moved away from gross receipts taxation.

Portland's CEO pay-ratio surtax, originally enacted in 2017, faces a proposed sharp increase that could trigger renewed legal challenges and budget concerns. This episode explores the constitutional questions surrounding the surtax alongside other Oregon tax proposals, including Eugene's clean-energy surcharge, a state-level financial-assets tax, and a universal healthcare plan with significant tax implications.

In a recent IRS chief counsel advice memorandum (CCA 201626024) email, the IRS concluded that the taxpayer's gross receipts derived from the sale of its products were not domestic production...

In a recent revenue procedure (Rev. Proc. 2016-40), the IRS provided two safe harbors for determining if a distributing corporation has control, within the meaning of Section 368(c), of a controlled...

The administration threatened to veto the bill because of the estimated $182 billion cost, but indicated support for the underlying policy.

As you probably know, both the House and Senate have passed tax reform bills. Whether the two bills will be able to be harmonized and passed into law remains to be seen.

Top congressional lawmakers have ramped up discussions over international tax reform as the outlook for business and comprehensive reform has dimmed.

On December 3, 2004, President Bush signed S. 150, the "Internet Tax Nondiscrimination Act" into law.

The IRS has issued a private letter ruling addressing whether an option to acquire a partnership interest should be taken into account for purposes of determining whether the buyer acquired the target partnership’s corporate subsidiaries in a "covered transaction."