
Tax Breaks For Offshore Production Could Thwart Tariffs' Goal
President Donald Trump has said that his wide-ranging tariffs will jump-start domestic industry and production, but an international tax policy created under the 2017 federal overhaul may undermine the goal of bringing manufacturing back to the U.S.

MTC Group Finalizing Work On Sourcing Partners' Payments
The Multistate Tax Commission group working on the state taxation of partnerships said Tuesday it is preparing for the final stages of one of its major fields of research, the state sourcing of partnership income.

Senate Panel Advances Trump's Treasury Tax Policy Pick
The Senate Finance Committee approved President Donald Trump's pick for assistant Treasury secretary for tax policy along party lines Tuesday.
Federal More
Liberty Global cannot use a U.S. Supreme Court ruling on interpreting ambiguous law in an immigration case to support the company's interpretation of law in its $248 million foreign tax credit claim, the feder... (more story)
A man who said he has struggled with substance use for most of his life was sentenced in Arizona federal court Monday to four years in prison for filing more than $7 million in false claims for tax refunds and... (more story)
The U.S. government wants European countries to repeal digital service taxes before the European Union moves forward with trade negotiations, U.S. Treasury Secretary Scott Bessent said Tuesday.
President Donald Trump lacks the power to reorganize the executive branch and push for mass terminations of workers when Congress hasn't given its blessing, unions and other groups argued in a complaint to a C... (more story)
A Colorado accountant pled guilty to abetting the former CEO of now-defunct small-business lending firm Par Funding in concealing over $20 million in income from the Internal Revenue Service, prosecutors announced.
A global tax services provider cannot sue the IRS to vacate tax reporting rules for microcaptive insurance companies, the U.S. told a Texas federal court, arguing that the provider, as a consultant to clients ... (more story)
President Donald Trump will sign an executive order Tuesday afternoon to provide automakers that produce and sell finished vehicles in the U.S. a 15% offset on future imported parts that face a 25% tariff for the next year.
State & Local More
MTC Digital Work Group Backs Tax Pact's Bundling Rules
The Streamlined Sales Tax Governing Board's model for how to tax products sold in a bundle generally works well and more states should consider it, a Multistate Tax Commission work group studying how to harmon... (more story)
NY Court Upholds PL 86-272 Regulations, Bars Retroactivity
A New York rule allowing state taxation of nonsolicitation business activities over the internet isn't barred by a federal law providing limited protections against state income tax, but the rule cannot apply ... (more story)
MTC Group To Weigh Updating Airline, Broadcaster Tax Rules
A Multistate Tax Commission committee gave the green light Tuesday for a work group to consider ways to revise the intergovernmental agency's decades-old sourcing regulations for airlines and broadcasting comp... (more story)
Hochul, Legislators Agree On Budget With Small-Biz Tax Cuts
New York Gov. Kathy Hochul and lawmakers agreed on a budget plan with payroll mobility tax relief for small businesses and a $1 billion tax cut for middle- and low-income residents, the governor said, despite ... (more story)
Court Urged To Reconsider Jurisdiction In Tribal Tariff Row
Blackfeet Nation members are asking a Montana federal judge to reconsider an order to transfer their challenge against President Donald Trump's tariffs on imports from Canada and abroad to the U.S. Court of In... (more story)
Reds, Bengals Stadiums' Land Tax Upheld By Ohio Board
The land on which the stadiums for the Cincinnati Bengals and Cincinnati Reds reside are subject to property tax, but parking facilities near the sports complexes are tax-exempt because they are used for publi... (more story)
NY Tax Talk: Sourcing, Retroactivity, Information Services
Attorneys at Eversheds Sutherland examine recent decisions by New York’s Tax Appeals Tribunal, Division of Taxation and Court of Appeals on location sourcing of broker-dealer receipts, a case of first impressi... (more story)
Feds Say Tariff Fight Belongs In International Trade Court
The Trump administration wants to litigate a challenge to its tariffs in a federal trade court, not the D.C. district court, arguing that the U.S. Court of International Trade is the only venue with jurisdicti... (more story)
Detroit Man Gets 5 Years For Tax Refund Laundering
A Detroit man was sentenced Friday in Maryland federal court to five years in prison for his role in laundering money stolen from federal and North Carolina state tax refunds and was ordered to pay $604,000 in restitution.
The Streamlined Sales Tax Governing Board's model for how to tax products sold in a bundle generally works well and more states should consider it, a Multistate Tax Commission work group studying how to harmon... (more story)
A New York rule allowing state taxation of nonsolicitation business activities over the internet isn't barred by a federal law providing limited protections against state income tax, but the rule cannot apply ... (more story)
A Multistate Tax Commission committee gave the green light Tuesday for a work group to consider ways to revise the intergovernmental agency's decades-old sourcing regulations for airlines and broadcasting comp... (more story)
New York Gov. Kathy Hochul and lawmakers agreed on a budget plan with payroll mobility tax relief for small businesses and a $1 billion tax cut for middle- and low-income residents, the governor said, despite ... (more story)
Blackfeet Nation members are asking a Montana federal judge to reconsider an order to transfer their challenge against President Donald Trump's tariffs on imports from Canada and abroad to the U.S. Court of In... (more story)
The land on which the stadiums for the Cincinnati Bengals and Cincinnati Reds reside are subject to property tax, but parking facilities near the sports complexes are tax-exempt because they are used for publi... (more story)
Attorneys at Eversheds Sutherland examine recent decisions by New York’s Tax Appeals Tribunal, Division of Taxation and Court of Appeals on location sourcing of broker-dealer receipts, a case of first impressi... (more story)
The Trump administration wants to litigate a challenge to its tariffs in a federal trade court, not the D.C. district court, arguing that the U.S. Court of International Trade is the only venue with jurisdicti... (more story)
A Detroit man was sentenced Friday in Maryland federal court to five years in prison for his role in laundering money stolen from federal and North Carolina state tax refunds and was ordered to pay $604,000 in restitution.
International More
South Korea Asks IMF To Aid Global Response To US Tariffs
As President Donald Trump continues to deploy tariffs, South Korea's deputy prime minister said that the International Monetary Fund should lean into its role as a "trusted policy adviser" to help address worl... (more story)
EU Top Court OKs Polish Property Tax Break For Railway
The Polish government may grant a property tax exemption to a private railway owner to make part of the railway available to carriers without breaking European Union law on state aid, the EU's top court ruled Tuesday.
Board Game Co., 11 Others Say Trump Tariffs Unconstitutional
President Donald Trump's tariffs exceed the constitutional authority of the executive branch, argued 12 American companies, including a manufacturer of tabletop games that are printed in China, urging a federa... (more story)
No Harm Shown Over DOGE Access To Tax Data, US Says
The U.S. government asked a D.C. federal court to throw out four organizations' bid to keep the White House's Department of Government Efficiency from accessing confidential taxpayer data, saying their suit fa... (more story)
Canada Court OKs Late Tax Assessment For Unreported Gains
A real estate company owes taxes on more than CA$12 million ($8.7 million) in unreported capital gains that tax authorities discovered after the statute of limitations expired, the Tax Court of Canada said in ... (more story)
Legal Ethics Considerations For Law Firm Pro Bono Deals
If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with speci... (more story)
Belgian Data Watchdog Blocks FATCA Transfers To US
Belgium's data privacy watchdog ruled that a government agency's transfers of personal data to the U.S. tax authority as part of the Foreign Account Tax Compliance Act is prohibited under European law.
As President Donald Trump continues to deploy tariffs, South Korea's deputy prime minister said that the International Monetary Fund should lean into its role as a "trusted policy adviser" to help address worl... (more story)
The Polish government may grant a property tax exemption to a private railway owner to make part of the railway available to carriers without breaking European Union law on state aid, the EU's top court ruled Tuesday.
President Donald Trump's tariffs exceed the constitutional authority of the executive branch, argued 12 American companies, including a manufacturer of tabletop games that are printed in China, urging a federa... (more story)
The U.S. government asked a D.C. federal court to throw out four organizations' bid to keep the White House's Department of Government Efficiency from accessing confidential taxpayer data, saying their suit fa... (more story)
A real estate company owes taxes on more than CA$12 million ($8.7 million) in unreported capital gains that tax authorities discovered after the statute of limitations expired, the Tax Court of Canada said in ... (more story)
If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with speci... (more story)
Belgium's data privacy watchdog ruled that a government agency's transfers of personal data to the U.S. tax authority as part of the Foreign Account Tax Compliance Act is prohibited under European law.