State & Local
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November 06, 2026
Md. Court Rejects Plea To Cut $2.4M Property Valuation
A Maryland office building should remain valued at $2.37 million even though its anchor tenant did not renew a lease, the state tax court said.
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November 06, 2026
Mid-Cycle Valuations OK'd For Md. Homes Under Construction
Two single-family Maryland dwellings under construction were correctly subject to a midcycle assessment because the properties were substantially complete, the state tax court said, upholding the valuations.
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November 06, 2026
Indiana Gov. Extends Gas Tax Suspension Through November
Indiana will extend its suspension of gasoline use and excise taxes to the start of December under an executive order signed by the governor to address rising fuel costs driven by the Iran war.
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November 06, 2026
Utah Bacon Processor Loses Challenge To Gear's Tax Class
A bacon processing plant's slicers were properly reclassified as machinery and equipment after an audit, the state's tax commission said, rejecting the owner's argument that the slicers' use of software warranted a different classification.
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November 06, 2026
Charitable Tax Break Denied For Vacant Md. Property
A property tax break for a vacant Maryland property whose nonprofit owner intended to develop it as an assisted living and adult daycare facility was denied by the state tax court, which found that the property was not being used for a charitable purpose.
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November 06, 2026
MVP: Holland & Knight's Mary McNulty
Mary McNulty of Holland & Knight was lead tax counsel in ExxonMobil's landmark litigation related to the company's partnership with Qatar and won a consequential appellate decision on the meaning of a limited liability partner, earning her a spot as one of the 2026 Law 360 Tax MVPs.
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November 06, 2026
Md. Office Tower Valuation Boosted By $5M
A 13-story Maryland office building was initially overvalued by a local assessor in 2023 and 2024 but undervalued after a local appeal by the owner, the Maryland Tax Court said, increasing the valuation by about $5 million for each year.
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November 06, 2026
Mass. Revenue Through Oct. $521 Million Ahead Of Forecasts
Massachusetts' tax revenue collection from July through October beat estimates by $521 million, according to the state Department of Revenue.
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November 06, 2026
Utah Will Not Require Supermajority Vote On Tax Changes
A Utah ballot measure that would have required a supermajority vote for citizen-proposed tax increases failed to pass in Tuesday's election, according to results posted Friday.
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November 06, 2026
Colo. Proposal For Income Tax Rate Cap Fails At Ballot
A Colorado proposal to place a statutory cap on its corporate and individual tax rate at their current 4.4% level was defeated at the ballot, according to results posted Friday by the Colorado secretary of state.
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November 06, 2026
Colo. Boosts High-Earner Tax Rates With Graduated System
Colorado will replace its flat income tax rate with a graduated system, cutting taxes for nearly all residents and boosting rates for high earners to provide more than $2 billion in new annual revenue, under a ballot measure narrowly approved by voters, according to election results posted Friday.
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November 06, 2026
Miss. Revenue Tops Forecast By $203M Through October
Mississippi's general fund revenue from July through October beat an estimate by $203 million, according to the state Department of Revenue.
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November 06, 2026
Taxation With Representation: Wilson Sonsini, Fenwick
In this week's Taxation With Representation, Marvell Technology buys data center optics maker Lumentum, defense technology company Shield acquires radar company Echodyne, and CVS Health plans to split into two independent, publicly traded companies.
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November 06, 2026
La. Taxpayer's Roof Build Isn't Eligible For Credit, Board Says
A Louisiana woman is not eligible for a fortified roof tax credit because her purchase of the roof was done before the law took effect, the state Board of Tax Appeals ruled.
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November 06, 2026
Ariz. Voters Cap Local Grocery Tax Rates At 2%
Arizona cities and towns will be barred from imposing grocery tax rates above 2% under a ballot measure approved by voters, according to preliminary results.
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November 05, 2026
IRS Announces 2027 Opportunity Zone Designations
The Internal Revenue Service on Thursday designated nearly 6,600 communities in the U.S., its territories and the District of Columbia as qualified opportunity zones.
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November 05, 2026
MVP: Wachtell Lipton's Eiko Stange
Eiko Stange, a member of Wachtell Lipton Rosen & Katz's tax practice, was lead counsel on OpenAI's corporate restructuring and recapitalization, advised Honeywell on its aerospace business's $72 billion spinoff and oversaw the tax implications of Unilever's $44 billion combination with McCormick, earning him a spot as one of the 2026 Law360 Tax MVPs.
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November 05, 2026
Mo. Revenues Through Oct. Up $52M From Last Year
Missouri's total collection from July through October grew $52 million from the same period in the last fiscal year, according to the state Department of Revenue in a report Thursday.
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November 05, 2026
Virgin Islands Tax Agency Denied Redo In NIIT Dispute
A U.S. Virgin Islands federal judge declined to rethink his order holding that the territory's residents are exempt from the net investment income tax, ruling that local revenue collectors' disagreement with his reasoning is not grounds for reconsideration.
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November 05, 2026
NH Revenues Through October Exceed Projections By $90M
New Hampshire's revenue collection from July through October was $90 million better than expected, according to a report by the state's Department of Administrative Services.
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November 05, 2026
Colo. City's Voters Approve $4K Tax On Vacant Homes
Vacant residential properties in Boulder, Colorado, will be subject to an excise tax starting at $4,000 annually under a ballot measure the city said was approved by voters.
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November 05, 2026
Iowa Receipts Through Oct. Rise $70M From Last Year
Iowa's total receipts from July through October were $70 million higher than last year, according to the state Department of Management.
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November 05, 2026
Alabama Nonprofit Isn't Eligible For Sales Tax Exemption
An Alabama nonprofit, while exempt from income tax, is not eligible for an exemption of state sales and use tax, the state Tax Tribunal ruled.
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November 05, 2026
Calif. Voters Extend Tax Rates For Highest Incomes
California's existing tax rates for the highest incomes will become permanent rather than expire in 2031, according to unofficial vote results announced Thursday by the California secretary of state.
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November 05, 2026
Faegre Drinker Hires Morgan Lewis Tax Specialist In Philly
Faegre Drinker Biddle & Reath LLP has hired a Morgan Lewis & Bockius LLP tax associate to join its Philadelphia office as a partner working on federal income tax and other tax matters, according to a Wednesday announcement.
Progressive Tax Plans May Rise To Surface After Blue Wave
States that experienced a shift to Democratic control of their legislatures and governors' offices on Election Day could be poised to pursue more progressive tax policies next year, including combined reporting and higher taxes on millionaires.
Ritz-Carlton Loses Bid To Cut $122M Colo. Tax Assessment
A Colorado Court of Appeals panel affirmed a $122 million assessment of a Ritz-Carlton timeshare location, finding Thursday that Colorado law doesn't recognize the fractional-ownership model used at the Colorado mountain property.
Wash. Voters Reject Repeal Of Tax On Millionaires
Washington will allow taxation of individual income and, in turn, keep a recently approved high-earner tax, the state's governor said Wednesday.
Progressive Tax Plans May Rise To Surface After Blue Wave
States that experienced a shift to Democratic control of their legislatures and governors' offices on Election Day could be poised to pursue more progressive tax policies next year, including combined reporting and higher taxes on millionaires.
Ritz-Carlton Loses Bid To Cut $122M Colo. Tax Assessment
A Colorado Court of Appeals panel affirmed a $122 million assessment of a Ritz-Carlton timeshare location, finding Thursday that Colorado law doesn't recognize the fractional-ownership model used at the Colorado mountain property.
Wash. Voters Reject Repeal Of Tax On Millionaires
Washington will allow taxation of individual income and, in turn, keep a recently approved high-earner tax, the state's governor said Wednesday.
Editor's Pick
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2026 Tax Ballot Measure Map
Citizens across the country will be tasked with deciding significant tax-related measures when they head to the polls in November, including proposals to impose a one-time 5% wealth tax on billionaires, ban state-level property tax in Tennessee and make income tax changes in numerous states.
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Law360 Revenue Report Map Tracks Health Of State Coffers
As state coffers fluctuate because of federal pandemic aid drying up, demographics shifting and remote work becoming commonplace, Law360 Tax Authority is providing up-to-date coverage on state tax revenue with the launch of its Revenue Report Map.
Featured Stories
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Progressive Tax Plans May Rise To Surface After Blue Wave
States that experienced a shift to Democratic control of their legislatures and governors' offices on Election Day could be poised to pursue more progressive tax policies next year, including combined reporting and higher taxes on millionaires.
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Data Center Tax Breaks Face Election-Year Political Pushback
States across the country and political divide moved in 2026 to curb tax breaks for data centers, and the issue has featured prominently ahead of Tuesday's elections as candidates pledge to end or pull back on their exemptions for sales and property taxes.
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Tax Policy To Watch After The Midterm Elections
When lawmakers return to Washington, D.C., after the midterm elections, proposals to overhaul the Internal Revenue Service's administration could be ripe for inclusion in a year-end package if the goal is to clear the decks before the next legislative session, according to tax policy observers. Here, Law360 takes a look.
Expert Analysis
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Judges Must Turn To Merits Earlier To Fix Civil Justice System
The U.S. justice system is long overdue for a cultural shift that encourages judges to engage with the merits of a case from the outset, which would help to cut through procedural complexities and deliver high-quality justice efficiently and at lower cost, says Steven Kayman at Rottenberg Lipman.
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The Invisible AI Danger That May Undermine Legal Profession
A public database tracking cases involving hallucinations generated by artificial intelligence recently surpassed 2,200 entries, but the bigger risk underlying attorneys’ use of such tools is that they will slowly surrender their judgment to AI and lose analytical skills, says Massachusetts District Court Associate Justice Brian Palmucci.
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How AI Could Help Judges Spot Their Own Biases
In close cases where there’s room for discretion, artificial intelligence could challenge judges’ implicit biases by running counterfactual tests at scale — but any judicial use of such tools would need guardrails, say Arnold Peter at Peter Law and Nancy Rapoport at University of Nevada.
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Wishing A Rate Would Stay The Same: SALT In Review
From a proposed move toward graduated income tax rates in Pennsylvania to a Missouri amendment intended to eliminate all taxes there, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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3 Strategies To Reduce AI Sycophancy In Legal Work
The tendency of generative artificial intelligence models to tell users what they want to hear can reinforce attorneys’ confirmation bias when testing the strength of arguments, and it can’t simply be prompted away — but a few practices can help mitigate it, says Michael Ott at Ice Miller.
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Tariffs Could Be Behind Surge In FTZ Production Filings
As tariffs reshape production sourcing decisions, manufacturers are seeking foreign trade zone production authority at more than twice last year's pace, making it important to consider the potential duty and export benefits, along with review delays and restrictions that can curb savings, say attorneys at Sidley.
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Transfer Pricing Analyses May Apply To Tariff Refunds Claims
Both plaintiffs and defendants in consumer class actions over tariff refunds should examine transfer pricing analyses, which can offer contemporaneous evidence as to how much of a tariff was borne in the U.S. by the importer or consumers rather than absorbed earlier in the supply chain, say economists at The Brattle Group.
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Allowed To Usurp A Power Of Congress: SALT In Review
From a defeat in court for challengers of a New Jersey rule on businesses online to a proposed supermajority requirement in Iowa, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.
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Importer Risk Rises As AI Enters Trade Fraud Enforcement
The Trump administration's new data-driven and artificial intelligence-enabled push against tariff evasion raises the stakes for companies with global supply chains, making it crucial that they consider strengthening response protocols, documentation and internal reporting mechanisms, say attorneys at Cooley.
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What Lawyers Should Know Before Accepting Crypto Payment
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As clients increasingly request to pay legal fees, retainers and escrow funds using cryptocurrency, lawyers should consider how only a handful of state bar authorities have addressed the issue with varying ethics opinions, as well as the related questions that no authority has yet answered, says attorney Felix Shipkevich.
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Why And How To Build A Neurodiversity-Informed Practice
By better understanding neurodiversity and implementing simple accommodations for clients with autism, ADHD or learning differences, attorneys can build stronger relationships with those who may otherwise struggle to obtain and benefit from legal services, while developing good habits that will benefit everyone they represent, says Ting Cheung at Sanford Heisler.
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Illinois Banking Brief: All The Notable Legal Updates In Q3
Recent banking developments in Illinois include significant new consumer protection legislation, three meaningful Seventh Circuit decisions, and a high-profile constitutional challenge to the state's new digital asset tax, say attorneys at Barnes & Thornburg.
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The Courts Are There For A Reason: SALT In Review
From a challenge to Illinois' taxing of digital advertising and social media to the Montana governor's call for a flat income tax, RSM's David Brunori offers his thoughts on noteworthy state and local tax news.