°µÍø½ûÇø: Tax /tax?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Tax Copyright 2025 °µÍø½ûÇø. en-US Wed, 04 Jun 2025 21:30:37 +0000 Cheesesteak Icon Asks 3rd Circ. If Loper Bright Slices Sentence /tax/articles/2349405?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349405 Counsel for a Philadelphia cheesesteak shop owner seeking a lighter sentence for paying employees off the books told the court Wednesday that he has asked the Third Circuit to consider how the U.S. Supreme Court's landmark decision striking longstanding agency deference framework might affect his case. Wed, 04 Jun 2025 21:08:18 +0000 NC Biz Court Bulletin: TikTok Tussle And Merger Melee /tax/articles/2349500?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349500 Spring has sprung momentous decisions and quiet resolutions in some of the North Carolina Business Court's top cases, from clearing for trial the attorney general's suit over a hospital's post-merger standard of care to Cadwalader Wickersham & Taft LLP dropping its coverage dispute over a 2022 data breach. Wed, 04 Jun 2025 20:27:10 +0000 Judge Ponders If Netflix's Tax Theory Is 'Too Philosophical' /tax/articles/2349224?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349224 A Colorado appellate judge on Wednesday wondered if Netflix's argument for why its subscriptions are not subject to state sales tax is "too philosophical" and doesn't reflect its actual transactions with customers, at a hearing in the state's appeal. Wed, 04 Jun 2025 20:01:34 +0000 NJ Man Cops To Dodging $2M Tax Bill On Real Estate /tax/articles/2349443?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349443 A New Jersey man linked to an intricate pension plan scheme involving refunds from the Dutch government pled guilty to evading more than $2.4 million in U.S. taxes by concealing ownership of more than $5.5 million in real estate, the U.S. Department of Justice said Wednesday.  Wed, 04 Jun 2025 19:37:52 +0000 Steel, Aluminum Tariff Hike Casts Cloud Over US Investment /tax/articles/2349290?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349290 President Donald Trump's latest tariff increases on steel and aluminum imports strengthen an existing barrier to an already duty-riddled trade environment and could put both domestic and foreign businesses' investment opportunities in the U.S. at risk, expert say. Wed, 04 Jun 2025 19:36:51 +0000 Trump Ordered To Explain Why Layoffs Don't Flout Injunction /tax/articles/2349205?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349205 A California federal judge ordered the Trump administration Wednesday to explain why preparations for layoffs at the State Department and Department of Housing and Urban Development do not violate an injunction she issued last month, saying she needed more details about the agencies' plans to evaluate their compliance. Wed, 04 Jun 2025 18:14:52 +0000 Mo. Appeals Court Upholds City Tax On REIT's Rental Income /tax/articles/2349253?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349253 Healthcare real estate investment trust Ventas Inc.'s receipt of rental income earned from four medical office buildings in Kansas City, Missouri, is a business activity subject to the city's earnings tax, the Missouri Court of Appeals ruled, affirming a lower court decision. Wed, 04 Jun 2025 18:07:03 +0000 Bulgaria Meets Criteria To Switch To Euro Next Year, EU Says /tax/articles/2349196?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349196 The European Commission and European Central Bank affirmed that Bulgaria has met all necessary criteria to adopt the euro as its currency starting Jan. 1, which would make it the 21st country to do so. Wed, 04 Jun 2025 17:21:59 +0000 Boston Condo Owned By LLC Wins Partial Exemption /tax/articles/2349435?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349435 A Boston condominium owned by a single-member limited liability company is eligible for a partial tax exemption as a primary residence, the Massachusetts Appellate Tax Board said in an opinion released Wednesday, reversing the determination of the city board of assessors. Wed, 04 Jun 2025 16:12:46 +0000 Trade Talks With US Trying To Avoid Tariff Hikes, EU Says /tax/articles/2349279?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349279 The European Union and the U.S. aim to avoid tariff hikes threatened by President Donald Trump beginning July 9 as they negotiate this week on investments to rebalance trade in goods and on what the U.S. considers trade barriers, the bloc's trade commissioner said Wednesday. Wed, 04 Jun 2025 15:36:48 +0000 Mass. Board Upholds Home Value Despite Owner's Claims /tax/articles/2349419?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349419 A Massachusetts homeowner's claims of groundwater contamination, nearby illicit activities and noxious odors fell short of the evidence needed to reduce the property's tax valuation, a state board said in an opinion released Wednesday. Wed, 04 Jun 2025 15:18:03 +0000 Ohio Justice Questions School Board's Tax Appeal Claim /tax/articles/2347240?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2347240 An Ohio justice criticized a school board's claim that state law allows it to appeal administrative property valuation rulings to county courts when the board doesn't own the property at issue. Wed, 04 Jun 2025 13:00:04 +0000 Dutch Court Sentences Man To 6 Months In €40M VAT Fraud /tax/articles/2349210?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2349210 A Netherlands court sentenced a man to over six months in prison for his role in a €40 million ($45.7 million) value-added tax fraud scheme connected to a larger investigation, the European Public Prosecutor's Office said Wednesday. Wed, 04 Jun 2025 12:10:24 +0000 Loeb & Loeb Trusts And Estates Head Jumps To Proskauer /tax/articles/2348313?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2348313 Proskauer Rose LLP has hired the former chair of Loeb & Loeb LLP's international trusts and estates practice group to represent ultra-high-net-worth individuals and families. Wed, 04 Jun 2025 10:23:35 +0000 Law School's Missed Lessons: Supporting A Trial Team /tax/articles/2345831?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2345831 While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis. Tue, 03 Jun 2025 19:54:35 +0000 DC Circ. Rejects Tipster's Bid To Reverse IRS Award Denial /tax/articles/2348802?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2348802 The D.C. Circuit refused to reinstate a tipster's petition for a whistleblower award before the U.S. Tax Court claiming his former employer intentionally misclassified him as an independent contractor, ruling Tuesday the Tax Court lacked jurisdiction since he failed to show the agency acted on his tip. Tue, 03 Jun 2025 18:33:00 +0000 NY Family Partnership Fights $4.5M Income Shift In Tax Court /tax/articles/2348866?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2348866 A New York family partnership challenged an Internal Revenue Service determination that it formed mainly to reduce the tax liability of one of its limited partners, telling the U.S. Tax Court that the agency wrongly shifted $4.5 million in income taxable to him. Tue, 03 Jun 2025 18:13:04 +0000 Wis. Village Wants Reversal Of Land Transfers To Tribal Trust /tax/articles/2348581?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2348581 Hobart, Wisconsin, has asked a federal judge to undo a move by the U.S. Department of the Interior to place properties into a trust for the Oneida Nation, arguing that the transfers were made despite the village's claims of a biased administrative process. Tue, 03 Jun 2025 18:04:52 +0000 WTO Useful For China Enforcement, US Trade Nominee Says /tax/articles/2348240?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2348240 The U.S. should work with partners at the World Trade Organization to apply further trade pressure on China, making sure the country is complying with rules and trading fairly, a Skadden partner nominated by President Donald Trump to represent the U.S. at the WTO told lawmakers Tuesday. Tue, 03 Jun 2025 17:46:54 +0000 Texas Gives Some Property Owners More Time To Pay Taxes /tax/articles/2348903?utm_source=rss&utm_medium=rss&utm_campaign=section /tax/articles/2348903 Some Texas property owners whose taxing authorities allow bills to be paid in two installments will get more time to make their initial payment under legislation signed by Gov. Greg Abbott.