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
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
On 10 June 2026, HMRC published a consultation document (Consultation) on reform of the taxation of U.K. resident members of U.S. limited liability companies (LLCs). The Consultation had been widely expected for a few months,...more
Romania’s High Court of Cassation and Justice has published on its website a summary of Decision No. 6 of 20 April 2026, issued with a view to ensuring a uniform interpretation of the law by Romanian courts going forward....more
On June 9, the House Ways and Means Committee held a legislative hearing to consider a series of proposals aimed at establishing a clearer tax framework for digital assets. The Committee reviewed eight measures, including six...more
Welcome to our latest update, in which we cover: Release of surplus: draft regulations - • The DWP’s long-awaited regulations, with detailed requirements for the release of surplus to employers;...more
In this update, we provide a summary of important VAT and Customs Tax developments from May 2026 with implications for global business operations....more
In Stellantis Portugal (Case C‑603/24, 13 May 2026), the CJEU held that transfer pricing adjustments made under an intra-group agreement to maintain a target margin for a vehicle distributor were not on the facts...more
On June 5, FinCEN, the FDIC, the OCC, and the NCUA, in coordination with the IRS, jointly issued an advisory urging financial institutions, particularly banks, to monitor for fraud schemes and other suspicious or potentially...more
Irish Revenue has updated its Tax and Duty Manual on the VAT treatment of debt factoring and invoice discounting to reflect the CJEU decision in Kosmiro. ...more
As a preliminary remark, the Italian Tax Authority limits its analysis to VAT, since customs duties fall within the jurisdiction of the Italian Customs Authority and, therefore, lie outside the scope of the ruling. In...more
Non-established businesses may claim a refund of Spanish VAT under Spain’s implementation of the 13th Directive foreign VAT refund scheme. The requirements for claiming a VAT refund under this regime are broadly similar to...more
A Dutch company (X) sold goods to private individuals in Belgium over the course of several years (2015 to 2018). Under EU distance sales rules, the place of supply was deemed to be Belgium, meaning Belgian VAT was due....more
The first court proceedings on the UK’s digital services tax, Sabre Global v. British Airways, give a taste of what may be to come in this evolving area: cross-border disputes, conflicts of laws, compliance complexities, and...more
The IRS finalized updated instructions for Form 6765, Credit for Increasing Research Activities, in February 2026. The most meaningful change is Section G, a new component-level reporting requirement that requires taxpayers...more
On May 14, 2026, Governor Newsom’s May Revision proposed extending California’s sales and use tax to digital prewritten software regardless of delivery method—including electronically delivered software and SaaS. Currently,...more
The UK FTT considered whether HBS Enterprises Ltd (HBS), a UK-based seller had to account for VAT on sales made through an online marketplace where some transactions had been incorrectly treated by the platform as falling...more