Tax Law and International Tax Law

One message stood out during our Tax Symposium 2026 session, Tax controversy: What’s hot and what’s not: The Internal Revenue Service (IRS) is becoming more strategic...

African governments are rapidly modernising their approach to tax and customs in the resources sector. Fiscal tools, tighter compliance frameworks and procedural reforms are reshaping investment and operational conditions across the continent.

In May, the I.R.S. announced a settlement offer for partnerships involved in disputes concerning "syndicated conservation easements." The key features of the offer include a 10% penalty for gross valuation misstatement, instead of a 40% penalty, and no upfront payment required.

A coalition of crypto firms urges Senate action on the Digital Asset Market Clarity Act, while New York proposes comprehensive stablecoin regulations and the House Ways and Means Committee prepares to modernize cryptocurrency tax rules. Meanwhile, community banks push back against stablecoin rewards and the EU expands sanctions targeting Russia-linked crypto platforms.

Founders and early-stage investors often spend months negotiating deal terms like valuation and governance rights, only to discover years later that they overlooked one of the most valuable economic provisions: whether their stock qualifies for the Qualified Small Business Stock (QSBS) capital gain exclusion under Internal Revenue Code Section 1202.

The U.S. Department of Justice's April 2026 rescheduling of medical cannabis to Schedule III has fundamentally altered the regulatory and financial landscape for cannabis businesses.

New York State has enacted a pied-à-terre tax targeting luxury second homes in NYC valued over certain thresholds, set to generate $500 million annually starting July 1, 2026.

In this tax exemption dispute, the D.C. Court of Appeals affirmed summary judgment in favor of the District of Columbia, holding that the 2021 deed conveying residential property from an irrevocable trust...

New York State has enacted a controversial annual surcharge on high-value residential properties in New York City that do not serve as primary residences, targeting owners of second homes...

This guide is written for two distinct audiences: casual participants who occasionally place opposing bets across platforms to capture a pricing gap, and organized arbitrage traders who systematically scan multiple bookmakers or prediction market platforms, use dedicated tools, and treat the activity as a repeatable profit source.

Founders and early-stage investors often spend months negotiating deal terms like valuation and governance rights, only to discover years later that they overlooked one of the most valuable economic provisions: whether their stock qualifies for the Qualified Small Business Stock (QSBS) capital gain exclusion under Internal Revenue Code Section 1202.

The U.S. Tax Court has issued a memorandum opinion addressing whether cryptocurrency staking rewards constitute taxable income upon receipt.