Taxes
Latest Taxes News
Don’t Buy TikTok Tax Misinformation
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
Despite Big CRE Losses, The Financial System Is Okay — For Now
Do continuing losses in commercial real estate threaten a national or global financial and economic depression like we faced in…
Soccer Players Tackle Politics At 2024 European Championship
The EURO 2024 tournament is in full swing, with the second round of matches underway. The tournament, which is being…
Supreme Court Rules Tax On Previously Untaxed Foreign Profits Is Constitutional
A 2017 Tax Cuts and Jobs Act provision that requires companies to pay tax on previously untaxed foreign profits had…
$187 Million In Charitable Deductions From A $9.5 Million Purchase
Big Escambia Ventures LLC is the tax matters partner in thirteen partnerships that are currently in Tax Court. Judge Albert…
State Tax Treatment Of IRA Energy Credits
Alysse McLoughlin and Katie Quinn of Jones Walker discuss state tax implications of the Inflation Reduction Act’s clean energy credits.…
NYC Congestion Pricing Is Seemingly Dead—In Favor Of Payroll Taxes
In a surprise reversal, Gov. Kathy Hochul announced that planned congestion pricing in Manhattan’s Congestion Relief Zone will be shelved…
UK VAT Partial Exemption- Avoiding Unexpected Costs
The UK VAT rules applicable to VAT exempt supplies continue to be a frequent area of dispute with the UK…
Record-Breaking Accomplishments On Jobs And Unemployment Under Biden
The May jobs and unemployment report is out today, and it shows a continuing strong economy. The Biden Administration’s robust…
FTX Reaches Bankruptcy Settlement With IRS On $24 Billion Claim
FTX, formerly one of the largest crypto trading exchanges in the world, may be getting a tax break. A proposed…
