A Fourth Circuit panel expressed skepticism Tuesday over the IRS' pursuit of a decades-old debt from a Maryland woman whose late husband's fraudulent activities triggered the liability, with one judge calling ... (more story)

A Florida federal court should reject a U.S.-German citizen's effort to escape a nearly $20 million tax judgment for failing to report foreign bank account information, a magistrate judge suggested, rejecting ... (more story)

A GOP-led panel in the U.S. House of Representatives on Tuesday advanced legislation that would raise the pleading standards for proposed class action federal benefits lawsuits and delay the start of discovery... (more story)

Shifting to a proactive rather than reactive enforcement posture in addressing shell companies set up to skirt tariffs requires equipping U.S. Customs and Border Protection with enhanced investigative authorit... (more story)

In response to U.S. Supreme Court's recent decision to strike down tariffs issued by the Trump administration under the International Emergency Economic Powers Act, there are several actions federal contractor... (more story)

There are clear drawbacks to U.S. companies escaping the global minimum tax's international reach as the result of an agreement reached under pressure from the U.S. government, panelists said Tuesday.

The World Trade Organization's moratorium on digital trade measures must be extended and its scope strengthened in support of U.S. business interests, experts testifying before the U.S. House's trade panel tol... (more story)

A one-time income tax refund worth up to $500 per household was given final approval by the Georgia Senate, and so the state's lawmakers have elected to cut across-the-board refund checks to taxpayers for a fo... (more story)

A top U.S. banking regulator is seconding the banking industry's call for the Seventh Circuit to block Illinois' tax and tip swipe-fee ban, arguing a lower-court judge missed the "forest for the trees" in ruli... (more story)

Removing state income tax protection from placing of internet cookies on customers' computers is likely to be the provision spurring the most lawsuits from companies seeking to challenge the Multistate Tax Com... (more story)

New Jersey regulations that outline when a company's internet activities exceed P.L. 86-272's tax protections account for modern business practices and are consistent with federal law, the state's tax agency a... (more story)

As artificial intelligence becomes increasingly accessible, lawyers with a niche practice may stand out as clients seek specialized judgment that automation cannot replicate, but it is important to choose a ni... (more story)

Virginia lawmakers have given final approval to legislation that would tax and regulate the sale of adult-use cannabis, sending the bill to Democratic Gov. Abigail Spanberger, who is expected to sign it into l... (more story)

The Washington State Legislature passed a bill that would walk back estate tax rate increases approved by lawmakers last year for estates with taxable value of at least $1 million.

The European Commission called for progress Wednesday on tax harmonization proposals that are stuck in the legislative pipeline, saying it is seeking to remove barriers to companies operating in the European Union.

Barclays Bank defended its tax treatment of £3 billion ($4 billion) in debt instruments issued during the financial crisis, telling the U.K. Upper Tribunal on Tuesday that £800 million should be deductible as ... (more story)

A business adviser who repeatedly set up new firms that left unpaid tax bills has been banned as a director for five years after his consultancy collapsed owing more than £120,000 ($160,000).

A New York federal court threw out claims by three pension plans against a London brokerage firm that, according to the plans, executed fraudulent refund claims for them to the Danish tax authority, finding th... (more story)

The European Union should create more unified tax policies to attract start-up companies, including by ensuring firms aren't disadvantaged by the treatment of employee stock options and company losses, former ... (more story)

The U.K.'s tax authority has reduced the length of its tax investigations into large businesses, according to data released Monday, though the backlog of open cases has continued to grow.

The Office of the U.S. Trade Representative is investigating 60 economies that it suspects failed to prohibit the importing of goods produced with forced labor under a statute that could lead to new, long-last... (more story)