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Wyoming’s outgoing governor is urging voters to reject a ballot measure to slash property taxes on homes, saying it would have a "devastating effect" on services. taxnotes.co/4juy0Ec
Kentucky Gov. Andy Beshear (D) says he’ll take a look at tax incentives provided to a new data center project and have his administration prepare an analysis of future tax revenues. taxnotes.co/3WhNyRY
The IRS has issued refunds to over 50,000 taxpayers with adoption tax credit carryforwards from prior tax years to align with changes to the benefit under the latest tax bill, the agency announced. taxnotes.co/4yvxqK7
A California waste disposal company will get another chance to argue that a city’s increase of its waste disposal license fee should have been put to voters after an appeals court held that the city failed to prove that the fee is not a tax. taxnotes.co/3UzwpTm
Members of the Boston Planning and Development Agency Board have approved temporary property tax abatements intended to speed development for four housing projects that have been hindered by rising costs. taxnotes.co/4icaMk1
The Irish EU Council presidency hopes to secure a political mandate to negotiate with the European Parliament on the proposed 28th regime at an October 23 meeting of member states' ambassadors to the EU. taxnotes.co/4jzCUzT
The IRS needs a better strategy for identifying and assessing ghost tax preparers to protect taxpayers against fraud, the Government Accountability Office said. taxnotes.co/4yYrVEY
Meta urged the Tax Court to invalidate regulations requiring stock-based compensation (SBC) costs to be shared in cost-sharing arrangements, arguing that the IRS is incorrectly relying on Altera to defend a substantially different regulatory framework. taxnotes.co/4sf4UuS
Policy analysts and trucking and fuel industry groups are warning that the IRS’s recent dyed diesel relief waives penalties but not the underlying excise tax, leaving sellers and truckers exposed to bills later. taxnotes.co/4zDNKt4
Treasury has finally issued regulations implementing a change enacted by Congress over seven years ago allowing direct credit card tax payments to the IRS. taxnotes.co/4yQw9ye
"Fiscal shame, as it operated for much of American history, required politicians to explain why new borrowing was necessary, why it would be temporary, and how the government would eventually restore its finances," @jthorndike argues. forbes.com/sites/taxnotes/20…
Perspective: Joel G. Cohen proposes a process for the IRS Independent Office of Appeals to evaluate whether late-filed Tax Court petitions should be subject to equitable tolling. taxnotes.co/4ezuF38
Perspective: Oleg Polyatskiy explores concerns in and potential solutions for structuring partnership terminations and common transactions used by corporate groups to terminate partnerships. taxnotes.co/4zrFZq4
Perspective: In this installment of From the SALT Minds, Bruce P. Ely and James E. Long Jr. examine recently enacted Alabama business tax-related legislation and offer some predictions for the next regular legislative session. taxnotes.co/4ylBDzO
Perspective: Tom Vincken examines an EU General Court of Justice decision concerning a Finnish securitization arrangement and its implications for VAT on loan servicing in securitization transactions, particularly EU and U.K. securitization structures. taxnotes.co/4dDiqSX
Perspective: William Skinner and Larissa Neumann examine Treasury and the IRS’s proposed changes to foreign tax credit and pro rata share regulations, as well as recent cases on related issues. taxnotes.co/4zAPpzB
Perspective: Billy Hamilton examines Seattle’s new social housing program and payroll tax, finding that while social housing may help address Seattle’s affordability problems, its success remains uncertain. taxnotes.co/3Up8UfL
Opinion: Muchamad Irham Fathoni examines how the evolving global anti-base-erosion safe harbor framework, particularly the 2026 side-by-side package, reshapes Indonesia’s implementation of the global minimum tax and its approach to investment incentives. taxnotes.co/4ypuQVZ
Perspective: Ritu Shaktawat, Vinita Krishnan, and Akshara Shukla examine the split judicial history on secondment taxation in India and structuring considerations for offshore companies looking to minimize liability. taxnotes.co/4yk3Maz
Perspective: In this article, part of a series providing transfer pricing benchmarks that can be replicated by practitioners using readily available public data, Andrew Hughes considers a North American IT services benchmark. taxnotes.co/4hVXXtS