Tax Law and International Tax Law

The Internal Revenue Service (IRS) is facing a steep workforce reduction that threatens its capacity to assist businesses just as many confront growing uncertainty around global trade...

The State of Missouri is poised to make drastic changes to its tax policy. The Missouri legislature crafted House Bill 594 (the "bill") to cut state taxes for both individuals and corporations.

The U.S. Tax Court recently issued an opinion in AbbVie Inc. v. Commissioner, Docket No. 2597-23, allowing the approximately $1.6 billion "Break Fee" paid by AbbVie to be treated as an ordinary and necessary business expense under...

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 Internal Revenue Service (IRS) is facing a steep workforce reduction that threatens its capacity to assist businesses just as many confront growing uncertainty around global trade...

The Directorate General of Taxes (DGT) has issued PER-10/PJ/2025, an implementation regulation of Minister of Finance Regulation No. PMK 39/PMK.03/2017...

The Trump administration has recently advanced a series of initiatives that significantly expand the scope of U.S. economic protectionism, targeting foreign tax practices perceived as discriminatory against American interests.

As highlighted in our prior legal alert on Washington State's historic tax increases, the State enacted three luxury taxes aimed at aircraft, boats, and vehicles.

In a major win for Florida businesses, Governor Ron DeSantis has signed House Bill 7031, which permanently eliminates the state and county sales tax on commercial rent, effective October 1, 2025.

The U.S. Senate on July 1, 2025, passed an updated version of the budget reconciliation bill 51-50, along party lines.