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Tax Code

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

A Look at Puerto Rico's Act 60 and Residency

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Recent reporting suggests that the IRS is looking at taxpayers who have claimed tax benefits afforded by the Puerto Rico Tax Incentives Code (Act 60). This was discussed in a previous Holland & Knight alert on Act 60, along...more

WilmerHale

OBBBA Highlights: Qualified Small Business Stock and R&D Expense Deductions

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On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the “OBBBA”). Among other things, the OBBBA makes permanent many provisions of the 2017 Tax Cuts and Jobs Act (the “TCJA”) that otherwise would...more

Holland & Knight LLP

Gobierno Nacional de Colombia expidió nuevas medidas tributarias y territoriales para 2026

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En el marco del Estado de Emergencia Económica, Social y Ecológica declarado mediante el Decreto Legislativo 150 del 11 de febrero de 2026, el Gobierno Nacional de Colombia expidió los Decretos Legislativos 0240 y 0243 del 12...more

Rivkin Radler LLP

Taxes, the Surrender of Permanent Life Insurance, and Something to Chew On

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If you’re reading this post, you survived the Thanksgiving holiday – hopefully, without much family drama. Then again, there may have been moments, inspired by an overload of obligatory togetherness, that caused you to think...more

Holland & Knight LLP

Reforma Fiscal para 2026 en México

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Los decretos por los que se expide la Ley de Ingresos de la Federación para el Ejercicio Fiscal de 2026 (LIF), que reforman el Código Fiscal de la Federación (CFF), la Ley del Impuesto Especial sobre Producción y Servicios...more

Mayer Brown

Brasília em Pauta - Edição Nº 220

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Prezados e prezadas, O “Brasília em Pauta” é um boletim semanal preparado pela equipe de Contencioso de Brasília, contendo os principais casos a serem julgados pelo Supremo Tribunal Federal (STF), Superior Tribunal de...more

Mayer Brown

Report d’imposition de l’article 150-0 B ter du CGI : inéligibilité d’un réinvestissement anticipé

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La cour administrative d’appel de Lyon juge que l’administration fiscale a correctement appliqué l’article 150-0 B ter du Code général des impôts (« CGI ») en estimant qu’une opération d’acquisition de titres antérieure à la...more

Morgan Lewis

Kazakhstan Government Introduces Additional Regulations for Implementation of Investment Projects

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The Kazakhstan government recently issued new rules relating to definition of efficiency of investment projects and investors’ counter-undertakings thereunder....more

Fenwick & West LLP

IRS Releases Revenue Procedure 2025-31 to Provide a Safe Harbor for Staking in Certain Trust Vehicles

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On November 10, 2025, the Internal Revenue Service (IRS) released Revenue Procedure 2025-31 (the Rev. Proc.) which provides a safe harbor which would allow widely held fixed investment trusts to stake digital assets without...more

Bradley Arant Boult Cummings LLP

Alabama Department of Revenue Issues Helpful Analysis of Impact of OBBBA on Alabama Income Tax Code

As readers may recall, on July 4, 2025, President Trump signed into law the massive One Big Beautiful Bill Act (OBBBA) as Public Law 119-21, which made permanent many provisions of the Tax Cuts and Jobs Act of 2017. OBBBA...more

DLA Piper

Mexico Reforms the Amparo Law, Redefining Suspension, Legitimate Interest, and Authoritative Roles

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The government of Mexico has published a decree amending and adding various provisions to the Amparo Law, Regulating Articles 103 and 107 of the Political Constitution of the United Mexican States, the Federal Tax Code, and...more

DLA Piper

Governor of Puerto Rico signs amendments impacting tax provisions: Key points

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The governor of Puerto Rico, Jenniffer González Colón, signed into law various tax bills that were approved in the legislative session ending on June 30, 2025. These bills primarily amend the Puerto Rico Internal Revenue Code...more

Foster Garvey PC

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part X – One Hundred Percent Expensing Lives On

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In this last installment of our multi-part series on the One Big Beautiful Bill Act (the “OBBBA”), my colleague, George Bonini, and I discuss three provisions of the OBBBA that impact many businesses, particularly those in...more

Holland & Knight LLP

Aspectos fiscales del Paquete Económico 2026 en México

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El Ejecutivo Federal de México, el 8 de septiembre de 2025, presentó al Congreso de la Unión el Paquete Económico 2026, que incluye reformas al Código Fiscal de la Federación (CFF), a la Ley del Impuesto Especial Sobre...more

Winstead PC

Texas Comptroller Reaffirms Sales Tax on Exempt Construction Services Included in Total Charge

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The Texas Comptroller of Public Accounts recently upheld an assessment of additional sales tax on construction services performed between 2014 and 2017. [(Tex. Comptroller of Pub. Accts., Decision No. 118,954, June 10, 2025)]...more

Husch Blackwell LLP

Missouri Irrevocable Trusts Are Now State Tax-Free (Almost)

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On August 28, 2025, Missouri House Bill 754 (HB 754), which was signed by Governor Mike Kehoe on July 10, 2025, will become law, introducing a pivotal change to the state’s tax code concerning non-grantor resident trusts. ...more

Fenwick & West LLP

Takeaways from CARB’s Second Workshop on California’s Corporate Climate Disclosure Rules

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On August 21, 2025, The California Air Resources Board (CARB) held its second virtual workshop to “support the development of California’s Corporate Greenhouse Gas Reporting Program” reflected in the Climate Corporate Data...more

Foster Garvey PC

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part IX – Deductibility of Automobile Loan Interest

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In this ninth installment of my multi-part series on the One Big Beautiful Bill Act (the “Act”), I discuss provisions of the Act that may permit individual taxpayers to deduct the interest incurred with respect to their...more

Foster Garvey PC

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part VIII – Worker Moving Expenses

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In this eighth installment of my multi-part series on the One Big Beautiful Bill Act (the “Act”), I discuss provisions of the Act that impact the taxation of worker moving expenses....more

Foster Garvey PC

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part VII – The Rules Relating to the Deductibility of Individual...

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In this seventh installment of my multi-part series on the One Big Beautiful Bill Act (the “Act”), I discuss provisions of the Act that impact the deductibility of individual charitable gifts under Code Section 170....more

Foster Garvey PC

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part VI – Corporate Charitable Deductions / A Floor Has Been...

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In this sixth installment of my multi-part series on the One Big Beautiful Bill Act (the “Act”), I discuss a provision of the Act that impacts the deductibility of corporate charitable gifts under Code Section 170(b)(2)(A)....more

Morgan Lewis

Taxation of Royalties Under New Tax Code of Kazakhstan

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This LawFlash summarizes the taxation of royalties in accordance with the new Tax Code of Kazakhstan that will come into effect in January 2026. The definition of “royalty” has been slightly modified in the new Tax Code....more

Foster Garvey PC

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part V – Qualified Small Business Stock Exclusion / Code Section...

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In this fifth installment of my multi-part series on the One Big Beautiful Bill Act, Steve Nofziger and I discuss a provision of the Act that impacts certain business owners who are contemplating a sale of their shares, Code...more

Foster Garvey PC

One Big Beautiful Bill Act, H.R. 1 – 119th Congress (2025-2026): Part IV – The Qualified Business Income Deduction / Code Section...

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In this fourth installment of my multi-part series on the One Big Beautiful Bill Act (the “Act”), Steve Nofziger and I discuss a provision of the Act that impacts pass-through business entities and their owners, Code Section...more

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