United States: Sales Taxes: VAT, GST

The Court of Justice of the European Union has ruled that loan servicing by an original lender after transferring loans to a purchaser does not qualify for VAT exemption, potentially creating significant tax costs for securitisation structures. This decision fundamentally challenges how credit management services are treated when the legal relationship between lender and borrower is severed, raising critical questions about VAT recovery in special purpose vehicle arrangements.

You wouldn’t buy a restaurant or bar without doing a “walk-through,” checking staff and clientele and kicking the floorboards for rats or cockroaches.

California’s 2026–27 budget package has advanced materially since Gov. Gavin Newsom’s May Revision. The operative tax trailer bill, SB/AB 122, would extend California’s sales and use tax to digital prewritten software...

Following adjournment of the 2026 Washington State legislative session on March 12, 2026, Governor Bob Ferguson signed into law several bills that repealed...

Michigan's Department of Treasury has reversed its controversial position on wholesale cannabis tax administration, clarifying that product transferred to retailers before January 1, 2026 will not be subject to the new wholesale tax when resold between retailers. This reversal aligns Treasury guidance with the actual statutory language requiring tax only on the first transfer from wholesaler to retailer.

In this episode of GeTtin' SALTy, podcast host Nikki Dobay welcomes back Representative April Berg of Washington's 44th District for a deep dive into the 2026 landmark 60-day legislative session in Olympia.

Le Conseil d'Etat confirme la déductibilité en matière d'IS et de TVA des frais d'avocat engagés dans le cadre d'un LBO secondaire par une société mère française (cible de l'acquisition).

The North Carolina Department of Revenue published its 2026 Sales and Use Tax Bulletins effective January 1, 2026. The bulletins include several notable updates providing new guidance on tariffs, parking fees...

We are pleased to present the Winter 2025/2026 edition of Mayer Brown's Asia Tax Bulletin.