News & Analysis as of

Corporate Taxes

Mayer Brown

La CJUE juge, pour les besoins de la TVA, qu’un ajustement de prix de transfert ne constitue pas nécessairement la contrepartie...

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Articulation entre TVA et prix de transfert : la CJUE juge qu'un ajustement de prix de transfert, établi dans le cadre d'un accord intragroupe visant à garantir une marge bénéficiaire préalablement déterminée au distributeur,...more

Mayer Brown

Intégration fiscale : obligation de scinder en périodes d'imposition distinctes le premier exercice long de la société mère...

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Intégration fiscale : lorsqu'une société nouvellement créée, devenue mère d'un groupe fiscalement intégré, clôture son premier exercice postérieurement au 31 décembre de l'année suivant celle de sa création, les dispositions...more

Paul Hastings LLP

UK Tax Authority to Make Foreign Branch Exemption Mandatory

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On 21 May 21 2026, HMRC published a policy paper proposing significant changes to the UK corporation tax treatment of UK resident companies who conduct part of their business through a foreign permanent establishment (PE). ...more

Walkers

Family investment companies - The benefits and Jersey considerations

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The tightening of the UK tax treatment of trusts and rising UK corporation tax rates, combined with other socio-economic influences, have led to an increased interest in family investment companies (FICs), a more flexible...more

Foster Swift Collins & Smith

How an ESOP Can Cut Your Tax Bill

Owners usually ask this sooner or later: “Great, so what does an ESOP do for my taxes?” Depending on your entity type, the answer can be “a lot.” Employee Stock Ownership Plans (ESOPs) offer tax advantages that most...more

Eversheds Sutherland (US) LLP

Illinois tax increases part two: Digital asset privilege tax, prediction markets, NOL carryover limitations, and more

On June 1, 2026, the Illinois General Assembly passed S.B. 3019. In part one of this Legal Alert series, we addressed the tax on targeted advertising services and a Social Media Platform Fee. In this part two, we address a...more

Walkers

Advantages of companies as UK qualified asset holding companies (QAHCs)

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A "qualifying asset holding company" has a wide-range of UK tax benefits - A Jersey or Guernsey company must be UK tax resident to be eligible to be a "qualifying asset holding company"...more

A&O Shearman

The correspondence principle and hidden capital contributions in cross-border cases

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A recent decision by Germany's Federal Tax Court (BFH) clarifies when the tax authorities can—and cannot—adjust a company's taxable income following a hidden capital contribution to match the tax treatment of its shareholder....more

Kilpatrick

5 Key Takeaways | The Latest Tax Issues: State of the States

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Kilpatrick’s David Hughes and Jordan Goodman, two of the nation’s top state and local tax thought leaders, recently spoke on the leading tax issues of the day at the Spring Meeting of the Nebraska Chapter of the Tax...more

Winthrop & Weinstine, P.A.

Minnesota Omnibus Tax Bill Includes Key Business Tax Updates

On May 17, the Minnesota Legislature passed H.F. 2438, the 2026 omnibus tax bill, and sent it to the governor following a late-session agreement. The bill includes a broad range of tax changes, including federal conformity...more

Katten Muchin Rosenman LLP

Tax Planning for Carve-Out and Take-Private Transactions: Use of Selective Section 338 and/or 336 Elections

In carve-out transactions, especially in take-private transactions backed by private equity (PE), tax friction costs can often make or break a deal.  By the same token, creative tax planning ideas can enhance deal value and...more

Blank Rome LLP

Unfair Apportionment Wins Even When State Doesn’t Like It

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When a taxpayer arguing for its appropriate apportionment can present solid testimony regarding how and where its business is conducted and the economics attributable to the parts of the business, the taxpayer wins – even...more

Morrison & Foerster LLP

News from German Transactions Practice

In a recent decision (judgment of March 3, 2026 – IX R 1/25), the German Federal Fiscal Court (BFH) addressed the highly practical question of whether the capital gain of a shareholder, paid under the condition of his...more

Morrison & Foerster LLP

Neuigkeiten in der Transaktionspraxis

Der BFH hat in einer aktuellen Entscheidung (Urteil v. 3. März 2026, IX R 1/25) zu der höchst praxisrelevanten Frage Stellung genommen, ob der Veräußerungsgewinn eines Gesellschafters, der unter der Voraussetzung seiner...more

BCLP

Section 280G Tax Considerations in M&A

BCLP on

If you’re considering selling your company or its assets, there’s a tax issue you need to know about: Section 280G of the Internal Revenue Code. Section 280G can have a significant impact on both the economics of a...more

Pillsbury - SeeSalt Blog

Beyond Water’s-Edge: California’s Proposal to Include Captive Insurers Raises Overlooked Constitutional Issues

On February 10, 2026, Assembly Bill 1790 (AB 1790) was introduced in the California Legislature. Although recently placed in the suspense file, AB 1790 could still be put up for a vote this budget cycle or influence later...more

Proskauer - Tax Talks

Back in Business? The IRS Revives “Significant Issue” Rulings for Corporate Transactions

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On May 5, 2026, the Internal Revenue Service (“IRS”) released Revenue Procedure 2026-21 (the “Rev. Proc.”), which reinstates a program under which taxpayers may request private letter rulings (“PLRs”) on “significant issues”...more

Eversheds Sutherland (US) LLP

Tax Bytes: Week of May 11, 2026

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

Holland & Knight LLP

Consejo de Estado de Colombia reafirma la exigencia de la prueba en servicios intercompañía

Holland & Knight LLP on

Mediante la sentencia del 12 de febrero de 2026 – Rad. 25000-23-37-000-2020-00319-00 (28267) – el Consejo de Estado de Colombia confirmó el rechazo de deducciones por pagos al exterior asociados a servicios intercompañía, así...more

Eversheds Sutherland (US) LLP

Significant Revenue Procedure offers flexibility in corporate letter rulings

The IRS has taken oscillating positions on issuing corporate letter rulings on isolated issues in the context of a larger, integrated transaction. Since 2024, taxpayers have been required to request a letter ruling regarding...more

Morgan Lewis

German Federal Fiscal Court Rules on ‘Passive Disjunction from German Taxation’ („passive Entstrickung“) in case of Changes to DTA

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In two similar cases involving a partnership (I R 41/22) and a corporation (I R 6/23), the German Federal Fiscal Court (BFH) decided whether the mere amendment or conclusion of a new Double Tax Agreement (DTA) can lead to an...more

Eversheds Sutherland (US) LLP

Eversheds Sutherland SALT Scoreboard – Quarter 1, 2026

This is the first edition of the Eversheds Sutherland SALT Scoreboard for 2026. For more than a decade, we have tallied the results of what we deem to be the significant taxpayer wins and losses and analyzed those results. ...more

Barnea Jaffa Lande & Co.

New Israeli Court Ruling: Companies with 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

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

Mayer Brown

Caractère excessif de la rémunération de prestations de service intragroupes

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La décision du juge d’appel est insuffisamment motivée dès lors qu’elle ne répond pas à l’argumentation du contribuable contestant les termes de comparaison retenus par l’administration pour établir le caractère excessif des...more

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