Tax Law and International Tax Law

When adding a partner or outside investor to your business, understanding the tax implications is crucial for both personal and business finances. This comprehensive guide explores entity structure considerations...

Navigating the complex landscape of US federal income tax rules is crucial for investors and sponsors in private equity, venture capital, and hedge funds. Understanding how different investor categories—from US taxable entities to foreign pension funds—face distinct tax sensitivities can significantly impact investment returns and structural decisions when forming or investing in funds.

Illinois has enacted legislation that decouples the state’s income tax from the federal exclusion for gain from the sale of Qualified Small Business Stock (QSBS).

Cyber‑enabled cargo theft is a modern form of freight theft in which criminals use digital impersonation, stolen credentials and system manipulation to fraudulently obtain cargo...

The Autumn Budget contained a range of pensions-related announcements with implications for employers and trustees of all occupational pension schemes.

The Chancellor has today announced her highly anticipated autumn Budget.

On the morning of 21 July 2026 at a meeting of the Wall Street Tax Association, officials from the Internal Revenue Service (IRS) and Department of Treasury (Treasury) joined in a discussion with income tax...

The United States Court of Federal Claims has issued a landmark decision in Alta Wind I Owner Lessor C v. United States, rejecting the use of discounted cash flow methodology for calculating eligible basis in renewable energy tax credits and instead adopting a cost approach based on reproduction costs. This ruling, which concludes a 13-year legal battle over Section 1603 cash grants, establishes that anticipated tax credit values cannot be included in the basis calculation and has immediate implications for

As the global tax controversy landscape evolves and becomes more polarized, marked by cross-border audits and mounting pressure on revenue authorities to collect tax, Jones Day partners examine how geopolitical pressure and rising revenue demands are reshaping tax disputes worldwide. The discussion highlights the complexity of navigating uncertain tax environments where authorities are increasingly sharing information across borders and deploying sophisticated anti-abuse provisions.

Morgan Scarboro joins Nikki Dobay to analyze the unexpected trends shaping state and local tax legislation in 2026, from the resurgence of digital advertising taxes to states using NOL caps as budget tools. They examine key developments across Illinois, Virginia, New Jersey, and Pennsylvania, while exploring whether proposed large-scale tax restructuring represents genuine momentum or political theater.

The Louisiana Department of Revenue has initiated rulemaking to amend regulations governing sales and use tax responsibilities for materials used in construction and renovation of immovable property. The proposed amendments establish new presumptions based on invoicing practices and introduce standards for rebutting those presumptions through contractual evidence. These changes will significantly impact how contractors and customers allocate tax obligations for materials, supplies, and equipment in construc

Colorado expanded its sales and use tax base through HB 26-1223, enacted on June 4, 2026. Effective Jan. 1, 2027, the state will impose sales and use tax on most downloaded and remotely accessed computer software...