The Russian Federation's constitution and statutes make clear that Vladimir Putin's administration and Yukos Oil Co.'s financing arm didn't have a valid agreement to arbitrate a dispute that resulted in a near... (more story)

The IRS announced Friday that it will ask the Federal Circuit to overturn a claims court decision allowing a California business owner to recover penalties and interest he had tried to get refunded during the ... (more story)

A Florida federal court should carefully examine the relationship between President Donald Trump and the Internal Revenue Service when considering whether it has jurisdiction over his $10 billion suit against ... (more story)

The top Democratic lawmakers on the U.S. Senate Finance and Senate Small Business committees asked the Small Business Administration for information regarding loans for companies seeking assistance following i... (more story)

A Miami real estate developer pled guilty Friday to leading a scheme raising $89 million from investors for real estate development projects throughout South Florida that were never built.

In this week's Taxation With Representation, Equinox Gold Corp. and Orla Mining Ltd. announce a merger to create a major gold producer, OpenAI plans to form a company to boost adoption of its software across e... (more story)

The Organization for Economic Cooperation and Development plans to publish on Monday a list of countries implementing the global minimum tax that plan to have online portals in place to receive the required in... (more story)

Legislation passed by Colorado lawmakers would adjust the state's transportation funding and cut taxes that fund highway needs to avoid a potential budget crunch from a proposed ballot measure that would shift... (more story)

A Louisiana cancer treatment center that is owned by a public hospital satisfies the requirements for a property tax exemption for property used for a public purpose because the public hospital is considered a... (more story)

From a ruling on P.L. 86-272 in New York state to the Illinois governor's call to defund his state's independent tax tribunal, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.

The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation m... (more story)

A former chief of staff to California Gov. Gavin Newsom pled guilty in federal court in Sacramento for her part in a scheme to divert some $225,000 from a dormant political campaign to a former Biden administr... (more story)

A Fidelity combined group isn't eligible for a lower New York corporate franchise tax rate provided to qualified emerging technology companies because not every member of the group met the criteria for the ben... (more story)

A proposed Missouri constitutional amendment that could phase out the income tax and expand the sales tax base should be kept off the ballot because it seeks to change multiple articles of the state constituti... (more story)

The tax gap is contributing to the inequality of wealth in the U.K. that has resulted in 350 individuals and families having a combined wealth equivalent to around a quarter of the country's gross domestic pro... (more story)

An Italian tax credit program that was intended to support the digitalization of Italian industry raised business investment but failed to translate into meaningful productivity gains, according to a review fr... (more story)

Canada is on the hook for more than CA$754,000 ($549,000) in legal fees incurred by a state-owned ferry operator after the Federal Court of Appeal declined its bid to reverse a lower court's awarded costs.

Several partnerships can claim tax relief on the equity-financed portions of their film productions but not debt-financed components designed to inflate their tax relief, a London court found, ordering HMRC to... (more story)

A London court has maintained a £15,000 ($20,100) fine imposed on a barrister after he sent a barrage of emails accusing HMRC and a caseworker of colluding to sabotage his tax appeal, backing a disciplinary pa... (more story)

An Ohio man told a district court that the Internal Revenue Service wrongly denied his tax deduction claim for a loss of over $800,000 from a cryptocurrency "pig butchering" scheme despite the extensive docume... (more story)

Britain's tax authority has cleared former Deputy Prime Minister Angela Rayner of claims that she dodged taxes on an £800,000 ($1 million) property, according to an interview published Thursday, just as the La... (more story)