Tax Law and International Tax Law

From April 2026, payrolling Benefits in Kind (PBIK) will be mandatory. Employers are encouraged to voluntarily adopt the scheme by 2025/26 to prepare. Businesses must align payroll processes, ensure benefit data is real-time, and address communication, cost, and cash flow impacts.

See the latest commentary from our team of tax experts on the UK Spring Budget 2024 below...

In this update, we provide key takeaways from the Supreme Court's decision in HMRC v Vermilion Holdings Ltd [2023] UKSC 37 for asset managers and outline how A&M can help.

The One Big Beautiful Bill Act (OBBBA) touches many areas of the Internal Revenue Code, but one that's getting less attention is Section 45D, the New Markets Tax Credit program (NMTC).

Congress's recent tax bill not only reshapes the landscape for individuals but also introduces sweeping changes for businesses. For corporations, the legislation reflects a balance between promoting domestic investment and tightening compliance on cross-border transactions.

In Private Letter Ruling 202536015 (issued June 9, 2025; released Sept. 5, 2025), the IRS addressed the U.S. federal income tax treatment of a financing structure involving a multilateral development institution (the Originator) and a wholly owned foreign special-purpose vehicle (Entity 1).

The Obama administration submitted a budget proposal on Feb. 13 with trillions of dollars in proposed tax changes. The tax platform in the budget proposal is largely an amalgamation of provisions from earlier legislative initiatives and previous budgets, but it does include several significant new proposals affecting high-income individuals and multinational taxpayers.

On February 14, 2011, the Obama Administration Fiscal Year 2012 Budget and the Department of the Treasury "General Explanations of the Administration’s FY2012 Revenue Proposals" (the "Budget") were released.

The fiscal 2012 state budget proposed by Governor Malloy includes a provision to increase the resident user fee (provider tax) for nursing homes.

The U.S. Federal Estate Tax Unified Credit (the "Credit"), which allowed individuals to leave up to $13,990,000 to their non-spouse heirs federal estate tax free...

In this episode of Trust Us, Danielle Friedman, Max McCauley, and Herb Fineburg discuss the recent changes brought by the One Big Beautiful Bill Act, which raised the estate tax exemption level...

On July 1, 2025, three big changes to Washington's estate tax law will go into effect.