5 Key Takeaways | Federal Preemption in State Tax: Where the Lines Are Drawn
Powering Progress | Ep. 1 – Texas at the Edge of the Grid: Powering the Age of AI
GILTI Conscience Podcast | The Evolution and Impact of the CWI Standard
GILTI Conscience Podcast | Navigating Pillar Two: Side-by-Side, Safe Harbors and the Future of Global Tax Cooperation
5 Key Takeaways | OBBBA: State and Local Tax Issues and Impacts – Analysis and Practical Guidance
5 Key Takeaways | Salt Update: Navigating the Complex Landscape of Sales and Use Tax Sourcing
5 Key Takeaways | Equity and State Taxes: Equitable Doctrines and Their State Tax Application
Podcast - Betty: Glamour en pasarela, caos contable y tributario
Marijuana to Schedule III: What Changes, What Doesn’t, and What Comes Next
6 Key Takeaways | Update on Significant Unclaimed Property Issues
5 Key Takeaways | New York Tax Developments
Childcare Benefits Under the Big Beautiful Bill: What's the Tea in L&E?
New Tips and Overtime Guidance, NLRB Circuit Split, and Stalled Nomination- #WorkforceWednesday® - Employment Law This Week®
GILTI Conscience Podcast | From GILTI to NCTI: Unpacking the 2025 Tax Overhaul
Tax Talk with Josh Wykle – The Big Beautiful Bill & Overtime Deductions: What's the Tea in L&E?
GILTI Conscience Podcast | Adapting to Tariff Volatility in International Business
Key Advantages of Using REITs by Funds for Foreign Investors — The Tax Blueprint Podcast
Managing the Financial Impact of Tariffs on Your Government Contract
Key Advantages of Using REITs by Funds for Tax-Exempt Investors — The Tax Blueprint Podcast
Episode Three: Choice of Entity and Inbound Transactions
When a company is preparing for a sale, transaction-based incentives can be an effective way to recognize and retain key employees. In practice, these incentives generally fall into two categories—equity and non-equity...more
For most business owners, succession planning for their business involves preparing the company for transfer, determining its value, and identifying a buyer or recipient (third-party, internal, family), often to maximize...more
As part of its Fiscal Year 2026-2027 New York State Budget Bill, the New York State Legislature has amended the New York State Tax Law by adding Article 30-C, entitled “City Surcharge on Property That Does Not Serve as a...more
IRS Notice 2026-39, issued June 10, 2026, updates the qualifying energy community lists under the Statistical Area Category and Coal Closure Category for the energy community bonus under Sections 45, 45Y, 48, and 48E of the...more
On June 6, 2026, the U.S. District Court for the District of Columbia vacated Notice 2025-42 (the Notice) in Oregon Environmental Council v. IRS, No. CV-25-4400. The Notice had eliminated the long-standing Five Percent Safe...more
Anyone who works in the retirement plan industry has heard the complaint from advisors and plan sponsors alike: it’s getting harder to find a good TPA....more
In its judgment of April 21, 2026 — IX R 34/24, the German Federal Fiscal Court (Bundesfinanzhof, BFH) ruled that a creditor's decision not to file its claim with the insolvency schedule (Insolvenztabelle) triggers neither a...more
On June 11, 2026, the Trump administration filed a notice of appeal challenging the U.S District Court for the District of Massachusetts’s June 8, 2026, decision vacating the $100,000 H-1B fee requirement. Judge Leo T....more
The Philippines is vying to become Southeast Asia’s next-wave data center hub, but its success will turn on whether recent structural reforms and shifting energy economics can overcome longstanding power and localization...more
On June 9, 2026, the Decree amending, supplementing, and repealing several provisions of the Federal Administrative Litigation Law (Ley Federal de Procedimiento Contencioso Administrativo, or LFPCA) was published in Mexico’s...more
The Internal Revenue Service (IRS) recently released its fiscal year (FY) 2025 Data Book, which offers an important message for corporate taxpayers: lower audit volume and reduced year-end staffing do not necessarily...more
We have all been there. Whether it involves a birthday or a business meeting, everyone knows the feeling of scrambling to remember an important date. In the world of benefit plan notices, dates matter too. The small date...more
The SEC proposed amendments to rescind Rules 611 and 610(e) of Regulation NMS, which could have significant implications for the trading of tokenized securities. The CFTC published a notice of proposed rulemaking that would...more
Miami is all the hype these next two weeks as a FIFA World Cup host city. With seven matches lined up at Hard Rock Stadium — including group-stage thrillers and a bronze final — our city will welcome teams, players, staff,...more
Welcome to the latest edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and issues of note. We pull together the items we deem most important to provide...more
Taxpayer filed a 2022 federal income tax return reporting total income of $8,964. The IRS determined he had received an additional $15,206 in nonemployee compensation from Antigua Floral & Styling, LLC, based on a Form...more
Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions....more
Solar power is hitting new milestones in the U.S. and remains the leading source of new electricity, even as the federal government boosts coal. According to new figures from Ember, in May, for the first time, solar supplied...more
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for May 29, 2026 – June 8, 2026. The US Department of the Treasury and the IRS issued additional guidance on the...more
Our Unclaimed Property Team examines the implications of Arizona’s new request for holders to voluntarily submit a preliminary unclaimed property report by July 4, 2026....more
Our January 2026 client alert highlighted the Court of Federal Claims decision in Kwong v. United States, 179 Fed. Cl. 382 (2025), which held that the pre-November 2021 version of Section 7508A(d) required a mandatory...more
On June 10, 2026, the IRS released Notice 2026-39, the routine annual update to the list of locations eligible for the energy community bonus credit under Sections 45, 45Y, 48, and 48E of the Internal Revenue Code. The notice...more
The South Carolina Department of Revenue (“DOR”) issued a draft revenue ruling, Rev. Rul. #26-x, providing welcome clarity on key timing requirements associated with fee in lieu of tax (“FILOT”) agreements. The interplay...more
Why it matters A federal court has vacated IRS Notice 2025-42, potentially restoring the 5% safe harbor as a valid method for establishing beginning of construction before the July 4, 2026, deadline for wind and solar...more
Effective June 5, 2026, new data centers in Oregon are barred from accessing the state's largest property tax incentive program, marking a pivotal moment in an increasingly complex regulatory landscape. A moratorium included...more