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Tax Policy

Mayer Brown

Principales mesures issues de la loi de finances pour 2026

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Le 2 février 2026, le projet de loi de finances pour 2026 (le « PLF 2026 ») a été considéré comme définitivement adopté dans le cadre de la procédure de l’article 49.3 de la Constitution. Cette version définitive du PLF 2026...more

Holtzman Vogel Baran Torchinsky & Josefiak

Tax Relief or Tax Chaos? Why Every Arizonan Should Care About HB 2785

On January 15, 2026, the Arizona Legislature transmitted to the Governor Senate Bill (“SB”) 1106, a comprehensive $1.1 billion tax relief plan designed to align Arizona's tax code with federal tax reforms from President...more

ASKramer Law

Crypto Part VII: De Minimis

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“De minimis” has gotten a lot of airplay in discussions about the regulation and taxation of crypto. De minimis comes from the Latin maxim, "de minimis non curat lex," translating to "the law does not concern itself with...more

Fox Rothschild LLP

Congress Eyes Significant Cut to IRS Budget

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As legislators face a January 30 government funding deadline, the House has passed legislation that would further erode the Internal Revenue Service’s annual budget and negatively impact federal tax enforcement. The House...more

Hanson Bridgett

The Golden State Showdown: California Billionaires v. Proposed Wealth Tax

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California voters are faced with a potentially significant ballot initiative known as the “2026 Billionaire Tax Act” (the “Act”). If the initiative gathers the requisite signatures to qualify for the November ballot,...more

Holland & Knight LLP

Nuevas medidas para la prestación del servicio de energía eléctrica en Colombia

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El Gobierno Nacional de Colombia, el 21 de enero de 2026, expidió el Decreto Legislativo No. 0044 de 2026. Esta norma introduce medidas económicas y tributarias de carácter transitorio con el fin de asegurar la prestación del...more

A&O Shearman

The Side-By-Side Package And The Global Minimum Tax: What You Need To Know

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Following months of negotiations and speculation, the OECD released a “side-by-side” package on January 5, 2026, which is intended to address U.S. concerns about the global minimum tax (also known as Pillar Two) while...more

Rivkin Radler LLP

OBBBA and the Self-Imposed Tax Known as Charitable Giving

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According to a report released earlier this year by the Federal Reserve Bank of Richmond, nonprofit organizations contribute more than 5 percent of the nation’s GDP and account for almost 10 percent of “private sector”...more

Davis Wright Tremaine LLP

Washington Adopts New "Luxury Taxes" on Motor Vehicles, Watercraft, and Aircraft Beginning in 2026

Washington state has enacted sweeping new taxes on high-value vehicles, recreational watercraft, and noncommercial aircraft under Engrossed Substitute Senate Bill 5801 (ESSB 5801), signed into law in 2025. The bill creates a...more

Proskauer - Tax Talks

How Relevant Is It? The Economic Substance Doctrine According to Liberty Global and Patel

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Should courts respect a transaction for tax purposes, when it otherwise complies with the technical requirements of the Internal Revenue Code and regulations? When should a court take the next step and consider the economic...more

DLA Piper

OECD’s 2025 Model Tax Convention update: What it means for multinationals

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The OECD’s 2025 update to the Model Tax Convention marks a significant shift in how tax treaties address cross border remote work, natural resource activities and a number of important technical issues around transfer...more

DLA Piper

UK Autumn Budget 2025

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On 26 November, the UK Chancellor of the Exchequer delivered the much-anticipated UK Autumn Budget....more

Eversheds Sutherland (US) LLP

We Can Work it Out: OECD Adopts 2025 Update to the Model Tax Convention

On November 18, 2025, the OECD adopted the “2025 Update to the OECD Model Tax Convention” (Update), which includes broad-ranging updates to the OECD model treaty (Model Treaty). The most significant updates to the...more

Skadden, Arps, Slate, Meagher & Flom LLP

GILTI Conscience Podcast | From GILTI to NCTI: Unpacking the 2025 Tax Overhaul

On this episode of “GILTI Conscience,” Skadden tax attorneys David Farhat, Paul Oosterhuis, Loren Ponds, Eric Sensenbrenner and Stefane Victor break down the sweeping U.S. tax reform enacted in July 2025, with a focus on the...more

Blake, Cassels & Graydon LLP

Budget fédéral 2025 : Présentation de certaines mesures fiscales

Le 4 novembre 2025 (le « jour du budget »), le gouvernement du Canada a publié son budget fédéral 2025 (le « Budget 2025 »), qui propose d’instaurer certaines mesures fiscales dignes de mention, notamment...more

Mayer Brown

Tax Law Highlights | Bill No. 1.087/25: Income Tax Reform in Brazil

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UPDATES IN EVIDENCE: Bill No. 1,087/2025 (PL No. 1,087/2025) proposes a reform of the Income Tax system, with the goal of making it more just and progressive....more

Morgan Lewis

IRS Announces Increased Gift and Estate Tax Exemption Amounts for 2026

Morgan Lewis on

The US Internal Revenue Service (IRS) has announced that the annual gift tax exclusion will remain at $19,000 per recipient in 2026, the same as in 2025. The annual amount that may be given to a spouse who is not a US citizen...more

McDermott Will & Schulte

Washington DOR issues interim guidance on advertising services

The Washington Department of Revenue (DOR) released an Interim Guidance Statement (IGS) on Advertising Services implementing Engrossed Substitute Senate Bill (ESSB) 5814 ahead of the October 1, 2025, effective date. In...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

Mayer Brown

No Retroactive ICMS in Goods Transfers Between Establishments of the Same Taxpayer, Rules STF 1367

Mayer Brown on

On August 22, 2025, the Brazilian Supreme Court (STF) concluded the trial related to Theme 1367 (leading case RE No. 1,490,708). The STF ruled, in the context of motion to clarify, that retroactive collection of ICMS is...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

Cozen O'Connor

Cozen Cities - August 6, 2025

Cozen O'Connor on

BOSTON—City Joins Data Alliance to Boost Services - Boston is partnering with the Bloomberg Philanthropies City Data Alliance to improve resident services using AI and analytics. The City aims to modernize 311 notifications...more

Skadden, Arps, Slate, Meagher & Flom LLP

Taxing Intelligence: AI's Role in Modern Tax Administration

As artificial intelligence has taken center stage across industries, does it also have a place in tax administration? Our latest episode of “GILTI Conscience” explores potential applications of AI in the world of tax,...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

Jones Day

One Big Beautiful Bill Act— Impact on Energy Tax Credits

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The One Big Beautiful Bill Act (the “OBBBA”), which was passed on July 4, 2025, included several changes to the energy tax credits introduced and expanded by the Inflation Reduction Act of 2022 (the “IRA”). The key changes to...more

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