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Tax Mergers & Acquisitions

Read need-to-know updates, commentary, and analysis on Tax issues written by leading professionals.
Holland & Knight LLP

Consejo de Estado de Colombia revive tarifas anteriores de autorretención

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El Consejo de Estado de Colombia, mediante auto del 7 de mayo de 2026, suspendió en forma provisional los efectos de los artículos 2 al 8 del Decreto 572 de 2025, normas que habían introducido modificaciones sustanciales a...more

Barnea Jaffa Lande & Co.

Accumulated Losses: May Recognize Distributable Profits

An Israeli district court recently issued a ruling in Tax Appeal 36830-07-23 Av-Shal Investments and Trading Ltd. v. Haifa Tax Assessor. This ruling expands the interpretation of the accounting alternative for distributable...more

RK Partners

Proactive vs. Reactive: How to Approach R&D Tax Credits

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Most companies treat R&D Tax Credits the same way: something that happens to them at the end of the year, once the numbers are in and the accountant has done their work....more

Kilpatrick

IEEPA Refund Process Has Begun and The New Temporary 10% Tariffs Struck Down

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On April 20, 2026, U.S. Customs and Border Protection (CBP) launched Phase 1 of the Consolidated Administration and Processing of Entries (CAPE) portal, the new electronic mechanism for refunding International Emergency...more

Pullman & Comley - For What It May Be Worth

Connecticut Commercial Property Owners: Are Your I&E Filings on Track for June 1?

If you own income-producing property in Connecticut you may already be aware that many municipalities require an annual Income & Expense (I&E) report to be filed with the local assessor. ...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Laptops at the Ballpark: Concerns for Employers Managing Remote Workers

Baseball is often referred to as “America’s pastime,” but for some baseball fans, it may double as worktime. While employers have long known that workers occasionally play hooky to attend afternoon ballgames, viral videos and...more

Troutman Pepper Locke

Partial Marijuana Rescheduling: Where Things Stand

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In April 2026, the U.S. Department of Justice (DOJ) and Drug Enforcement Administration (DEA) announced a significant shift in federal cannabis policy. Effective immediately, the following categories of marijuana have been...more

Fenwick & West LLP

IRS Reinstates ‘Significant Issue’ Letter Rulings for § 355 Spin‑Offs and Reorganizations

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IRS Rev. Proc. 2026-21, 2026-22 IRB 1, issued May 5, 2026, reinstates the Internal Revenue Service’s “significant issue” letter ruling program, under which the IRS will rule on specific, significant issues posed by a...more

Offit Kurman

Cannabis Tax Relief Is Here — But IRS Risk Is Just Beginning

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For years, cannabis operators have functioned under a fundamentally distorted tax regime. Section 280E denied deductions that every other business takes for granted, forcing companies to pay tax on something closer to gross...more

FBT Gibbons LLP

Care to Predict What Happens? Kentucky’s New Prediction Markets Tax

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In the recently concluded 2026 Regular Session of Kentucky’s General Assembly, there was significant activity concerning prediction markets like Kalshi and Polymarket, all with potential serious economic impact....more

Orrick, Herrington & Sutcliffe LLP

Oregon creates tax credit for new state-chartered de novo banks

Oregon’s governor recently signed into law HB 4052, establishing a new tax credit for de novo banks chartered in the state effective June 5. The law defines a “de novo bank” as a depository institution under 12 U.S.C. 1813(c)...more

Blake, Cassels & Graydon LLP

Proposed Expansion of CRA Audit Powers: The Latest

On May 4, 2026, the Department of Finance released updated draft legislation expanding the audit powers of the Canada Revenue Agency (CRA) in the income tax context. While some of the more controversial measures proposed last...more

Paul Hastings LLP

Beyond the Ringfence: Restructuring Plans, Tax Losses and the Limits of HMRC’s Challenge

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In a key test case on the relevance of tax losses (and more broadly, HMRC) under Part 26A of the Companies Act 2006, Mr Justice Michael Green in the High Court has sanctioned the second restructuring plan (RP2) of Waldorf...more

Winthrop & Weinstine, P.A.

Legislative Top 5 - May 2026 #2

228 Hours and Counting… As of noon on Friday, May 8, there will be exactly 228 hours left in the 2026 Legislative Session before the required Constitutional adjournment deadline of midnight on Monday, May 18. With this...more

Farrell Fritz, P.C.

Already Have Life Insurance? Why an ILIT May Be Worth It

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With a federal estate tax rate of 40%, estate planning conversations often start and stop with the relatively high federal exemption (currently $15 million for individuals and $30 million for married couples). That can make...more

Vinson & Elkins LLP

Powering Progress | Ep. 1 – Texas at the Edge of the Grid: Powering the Age of AI

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Welcome to Powering Progress, a series exploring the legal and regulatory frameworks shaping the next generation of digital infrastructure. As AI and data center development accelerates, regulatory considerations are...more

Cogency Global

[Webinar] Hidden Tax Debt: What You Should Know About Your Borrowers - May 19th, 1:00 pm EDT

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Due diligence is crucial in lending and allows lenders to thoroughly evaluate a borrower's financial situation while complying with lending regulations. This free webinar, entitled Hidden Tax Debt: What You Should Know About...more

Goodwin

UK Employee Share Plans: 6th of July HMRC Reporting Deadline - May 2026

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Companies that award shares, options, or other securities to UK employees, directors, or officeholders need to be aware of the 6 July deadline to submit an employment related securities (ERS) annual return to HM Revenue &...more

McNees Wallace & Nurick LLC

What business owners should know about divorce, taxes, and business records

If you are a business owner or the spouse of a business owner considering divorce, the conclusion of tax season is a good time to review strategy with a family law lawyer, as well as with your tax advisor, accountant, and...more

Maynard Nexsen

Examining Changes to North Carolina Property Tax Law: Levy Limits and the Affordable Housing Exemption

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State and local governments continue to face increasing pressure to balance rising property values, taxpayer concerns, and housing affordability. In North Carolina, recent legislative proposals reflect an effort to address...more

McDermott Will & Schulte

The tax treatment of tariff refunds for inventory

Following the Supreme Court of the United States’ decision invalidating most tariffs imposed under the International Emergency Economic Powers Act of 1977, many companies expect to receive tariff refunds with respect to...more

Pillsbury - Propel

Understanding the Delaware Flip: What UK Founders Should Know

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A “Delaware Flip” is a restructuring whereby a UK (or other non-U.S.) company incorporates a new U.S. parent—typically in Delaware—and executes a share-for-share exchange, with each shareholder of the UK company receiving...more

Kohrman Jackson & Krantz LLP

Cash Rounding and Penny Shortages: What Restaurants and Retailers Should Know

Restaurants, retailers, grocers, convenience stores, and other businesses that accept cash should prepare for a practical operational shift at the register: as pennies become harder to obtain, exact change may not always be...more

K&L Gates LLP

PA Supreme Court Holds That Municipal Stormwater Charge Is a Tax, Not a Fee

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On 30 April 2026, the Pennsylvania Supreme Court (the Court) issued its long-awaited decision in Borough of West Chester v. Pa. State System of Higher Education & West Chester University. A majority of the Court held that the...more

Dentons

2026 Legislative Session Adjourns Sine Die

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The Iowa legislature adjourned sine die on May 3, 2026, after marathon caucuses and floor debate through the night on Saturday, May 2, and most of the day on Sunday, May 3. Slated for 100 days, the legislature extended 12...more

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