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A discussion which highlights the importance of overseeing plan service providers.

The court in LPCiminelli Interests Inc. v. United States (No. 1:09-cv-00274) held that a corporation was entitled to a refund for taxes paid on income related to an insolvent subsidiary.

"Fiscal cliff" is the term used to describe the situation that the U.S. will face at the end of this year, when provisions of the Budget Control Act of 2011 are scheduled to go into effect. (Some use the word "austerity cliff".)

A U.S. District Court in Arizona has ruled in Bennett Dorrance v. United States (No. 2:09-cv-01284) that policyholders in a mutual insurance company have basis in stock granted as part of a demutualization, but that the open transaction doctrine does not apply.

Enacted in August 2022, the Inflation Reduction Act (the "IRA") expanded energy tax credits by increasing credit amounts, broadening eligibility beyond wind and solar, and allowing credits to be developed and sold.

Following the OECD recommendation under the BEPS project, in December 2015 the U.S. Treasury issued proposed regulations on country-by-country reporting.

The New York film production tax credit is often a crucial piece of the financing for a film. But the rules governing qualification of expenses are strict.

Clark Armitage offers insights in Indepth Feature: Global Tax for the October 2023 issue of Financier Worldwide Magazine.

In this episode of GeTtin' SALTy, host Nikki Dobay welcomes back Lucy Dadayan, Principal Research Associate at the Urban-Brookings Tax Policy Center, as they kickoff the first podcast episode of 2026.

In a detailed discussion of California tax apportionment law, tax practitioners examine the landmark Smithfield Foods case and its implications for agricultural business classification and alternative apportionment methods.

Incoming Senate Finance Committee Chair Orrin Hatch, R-Utah, released a 340-page tax reform paper calling for eliminating the double tax on C corporations.

Prior to 2018, widely-used tax plans of U.S.-based multinational groups were designed to achieve three basic goals in connection with European operations: (i) the reduction of European taxes ...

House Republicans advanced permanent extensions of several popular expired tax provisions last week despite veto threats from the Obama administration and complaints from Democrats.

Several recent Congressional investigations of tax shelters, the Advance Pricing Agreement program, and certain charitable organizations have raised questions in the minds of taxpayers concerning how to maintain the confidentiality of sensitive information once it is turned over to a Congressional committee so that it is not "redisclosed" to other third parties. Unfortunately, the short answer is, it depends.

The Regulation reflects recent statutory changes made to the apportionment formulas for both non-airline and airline transportation services. See 35 ILCS 5/304(d).

The United States finally took its first step toward a more competitive tax position for intellectual property in the United States.

This post is the fifth in a series analyzing the New York Budget Bill, and summarizes the technical corrections to New York's combined reporting provisions.