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Internal Revenue Service Tariffs

The United States Internal Revenue Service is a bureau of the United States Department of the Treasury. The IRS is charged with collecting revenue and enforcing the Internal Revenue Code.  
Skadden, Arps, Slate, Meagher & Flom LLP

Executive and Administrative Changes Shape Tax Policy Ahead of Legislation - The Trump Administration’s First 100 Days

The Trump administration has declared that prior U.S. commitments under the OECD’s Pillar Two agreement would have no domestic effect unless approved by Congress, reflecting long-standing opposition....more

DLA Piper

REIT Tax News - March 2025

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Welcome to the March 2025 issue of REIT Tax News. Below, we summarize five key developments impacting REITs this past quarter. Carried interest favorable taxation may be in jeopardy - On February 6, 2025, President Donald...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Tax Implications of Trump’s Recent Executive Actions

President Donald Trump has issued a series of executive orders with significant tax implications. The moves underscore the administration’s commitment to influencing tax policies, regulatory frameworks and trade practices as...more

Alston & Bird

Look Ahead to the Week of March 10: Will Congress Avoid a Government Shutdown?

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Both chambers are in session this week, although the House is scheduled to leave early to accommodate the House Democrats’ annual policy retreat.  The focus this week will be on preventing a government shutdown, with federal...more

Vinson & Elkins LLP

Tax Law (and Controversy) Under the Trump Administration

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As it releases executive orders with unprecedented speed, the Trump administration has begun executing its vision for the United States and the world. This article addresses some of the tax-related topics likely to be the...more

Cadwalader, Wickersham & Taft LLP

Trump Administration 2.0—The First Executive Orders

Within the first month of President Trump’s second term, the nation has witnessed several executive actions relating to tax and tax administration that affect American businesses and consumers. This article summarizes some of...more

ArentFox Schiff

The Inflation Reduction Act's EV Tax Credits: Supply Chain Challenges and Bridge Solutions Under US Trade Rules

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Passed in August of this year, the Inflation Reduction Act (IRA) was heralded by many as a landmark piece of climate legislation in the United States. The IRA’s tax credits for electric vehicles were among its most...more

Sheppard Mullin Richter & Hampton LLP

USTR Suspends Tariffs on Certain French Luxury Goods: A Potential Shift in Trade Talks

Key Takeaways: • Threatened 25% tariffs on French luxury goods are suspended. • USTR is still looking at tariffs in retaliation for taxes on U.S. global tech companies. • Biden’s new USTR will face immense pressure to...more

Clark Hill PLC

Window On Washington - Vol. 3, Issue 25

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Outlook for This Week in the Nation's Capital - Congress: Despite attacking President Donald Trump last week for undertaking “criminal conduct,” Speaker Nancy Pelosi also said the House is still a long ways from any...more

Clark Hill PLC

Window On Washington - Vol. 3, Issue 24

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Outlook for This Week in the Nation's Capital - Congress. House Majority Leader Steny Hoyer announced last week that the full House of Representatives will vote this week on whether to hold Attorney General William Barr...more

Clark Hill PLC

Window On Washington - Vol. 3, Issue 14

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Outlook for This Week in the Nation's Capital - Congress. The House this week will continue to ramp up oversight on the Trump Administration, with the Government Reform Committee issuing subpoenas for several Administration...more

Clark Hill PLC

Window On Washington - Vol. 3, Issue 5

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Outlook for This Week in the Nation's Capital - Partial Government Shutdown Ends! (For Now): The longest partial government shutdown in history is finally over. ...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Hard to imagine that any financial news could come close to making headlines on Thursday, and yet, the SEC and Elon Musk came close. Specifically, the SEC filed suit against Musk, accusing him of “making false public...more

McGuireWoods LLP

This Week in Congress: April 2018 #1

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The Senate convenes today at 3 p.m., and the House returns Tuesday at noon. House - Financial Services Bills. The chamber will take up consideration of the following bills: - H.R. 4293 – the Stress Test Improvement...more

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