Assessing Officers Tackle Section 47 Exemptions in Merger Reviews with New Guide
A comprehensive practical framework for Assessing Officers to verify legal compliance and tax neutrality in corporate merger and…
Vinod Khosla Urges Candidates to End Income Tax for Earners Under $100,000
Vinod Khosla proposes eliminating federal income tax for those earning under $100,000 to offset AI job losses, funded…
Washington Lawmakers Target Luxury Aircraft Tax Repeal in House Bill 2347
Washington lawmakers debate repealing a 10% luxury aircraft tax to prevent industry flight while balancing sustainable aviation fuel…
Los Angeles City Council Weighs Tax Amnesty for Cannabis Businesses Owing Back Taxes
LA City Council moves to draft an amnesty program for cannabis businesses owing $400M in back taxes, waiving…
Senate Democrats Target Corporate Homeowner Tax Breaks in American Homeownership Act
Senate Democrats introduced the American Homeownership Act to end tax breaks for Wall Street landlords and redirect funds…
IRS Files $2.9 Million Federal Tax Lien Against Rapper Quavo of Migos
The IRS filed a $2.9 million tax lien against rapper Quavo for unpaid federal taxes spanning 2021 to…
Finance Bill 2026 Proposes Draft Rule 165, Overhauls ITR-U Filing Framework
India's Finance Bill 2026 extends the ITR-U filing window and simplifies tax forms to 190, aiming to reduce…
Alaska Senate Bill 73 Seeks to Overhaul Marijuana Taxes, Sen. Matt Claman Leads
Alaska SB 73 proposes overhauling the state's weight-based cannabis tax and registration rules to support a struggling legal…
California Cannabis Sales Top $17 Billion in 2025, Tax Revenue Steady at $255M in Q4
California reports $255.1M in Q4 cannabis tax revenue, refuting claims of a market collapse despite a 60% illicit…
Supreme Court Weighs If Tax Foreclosure Sales Breach Takings and Excessive Fines
The Supreme Court weighs if homeowners are entitled to fair market value or just auction surplus when counties…
Alberta Maintains Film Tax Credits Amid Industry Concerns Over $105M Cap
Alberta keeps its 22-30% film tax credits but industry concerns grow over a fixed $105M annual cap and…
Office for Budget Responsibility Raises Insurance Premium Tax Forecast Using HMRC Data
The OBR has raised UK insurance premium tax forecasts to £57.8bn through 2031, as rising premiums drive record…
$50 Million Annual Tax Exemption for Hartsfield-Jackson Atlanta Airport Faces End
Georgia lawmakers propose ending Hartsfield-Jackson airport's tax exemption, potentially generating $50M for Clayton County while risking higher airline…
Vestas CEO Warns €1 Billion Investment May Leave Denmark Over Social Democrats’ Wealth Tax
Vestas and other business leaders threaten to leave Denmark over a proposed 0.5% wealth tax targeting fortunes over…