Tax Law and International Tax Law

Earlier today, on 7-1-25, the Senate passed its version 2 of the Big Beautiful Bill by a vote of 51-50 with Vice President Vance casting the tie breaking vote.

Almost two weeks after the Senate Finance Committee released its draft legislative text as part of the budget reconciliation legislation, Senate Republicans released an updated version of the budget reconciliation...

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 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.

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.

Starting July 1, 2025, certain Maryland businesses will be required to collect a 3% sales tax on sales of certain IT services.

Among the myriad provisions of the budget bill that passed the U.S. House of Representatives last month, one that has recently gained increased prominence in recent weeks is proposed Section 899, increasingly referred to as the "revenge tax."

Earlier this month, we published a briefing summarising the 'retaliatory' tax measures in the 'One Big Beautiful Bill Act' Bill (the "Bill"), which target certain overseas taxpayers...

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...