Worldwide: Corporate Tax

Many companies across Texas are investing in technology, equipment, and facilities to support growth.

The U.S. Department of Treasury and Internal Revenue Service held a three-day hearing in May 2026 to address industry concerns about proposed regulations for the Section 45Z clean fuel production tax credit.

Recent court decisions interpreting COVID-19 disaster period tax law may entitle tens of millions of taxpayers to refunds or abatements of federal penalties and interest assessed during 2020-2023.

A sophisticated tax planning technique for take-private transactions demonstrates how companies can leverage built-in losses from one subsidiary to offset gains from another, potentially achieving stepped-up tax basis at no incremental cash cost.

International tax reform in 2026 introduced structural changes that affect how global income is classified, included, deducted, and limited.

Can states impose income taxes on out-of-state corporations that engage in online customer support activities like email assistance and chat services? A recent New York appellate court decision upholds state regulations that challenge the boundaries of a 1959 federal law designed to protect remote sellers from state taxation, potentially reshaping how e-commerce companies face tax liability across multiple jurisdictions.

Asset versus stock purchase structures create fundamentally different tax, liability, and operational outcomes in M&A transactions. Understanding how deal structure affects basis step-up, successor liability exposure, contract assignment requirements, and after-tax proceeds is essential for Oklahoma buyers and sellers navigating acquisitions in 2026, particularly following the OBBBA tax law changes that reshaped QSBS treatment and capital gains planning.

Explore how legal professionals navigate complex regulatory frameworks and client relationships in today's evolving business landscape. Discover the strategic approaches and specialized expertise that drive successful outcomes in corporate legal matters. Learn about the critical considerations that shape modern legal practice and professional development.

California manufacturers now have access to a new method for calculating R&D tax credits that could significantly increase their benefits while reducing documentation requirements.