Tax Notes @TaxNotes
Your #1 source for everything tax. News, commentary, analysis. Nonpartisan nonprofit. #LetsTalkTax & #TaxTwitter | Follow our journalists: https://t.co/1qgIlqOjrz taxnotes.com Falls Church, VA Joined January 2012-
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"I think there were a couple of lessons learned from Congress's flirtation with section 899," Danielle Rolfes said. "The first one was that it worked." forbes.com/sites/taxnotes…
Perspective: Rajeev Cherukupalli examines tobacco tax reforms in 15 low- and middle-income countries from 2009 to 2025, highlighting significant progress and opportunities for countries to strengthen tobacco control policy. taxnotes.co/49B37s0
Perspective: Reuven S. Avi-Yonah of @UMichLaw examines the history of citizenship and tax ahead of the Supreme Court’s birthright citizenship decision. taxnotes.co/4dRiajQ
Perspective: Robert Mayeri examines the federal income tax consequences of the now-challenged settlement proposed in Trump v. IRS and concludes that under section 61, it would give rise to includable income for the plaintiffs in the 2026 tax year. taxnotes.co/4uiTTrN
Perspective: Robert Willens examines Shell PLC’s planned acquisition of ARC Resources Ltd., which will be taxable, and how the transaction could qualify for nonrecognition treatment under section 351. taxnotes.co/49Db3c6
Perspective: Tony Santiago examines the gap between expectations and reality regarding artificial intelligence in tax and how it could strain the professional tax ecosystem. taxnotes.co/4fWG9iL
Perspective: Rachel Cook examines from a U.K. perspective how taxpayer mobility and intelligence-led enforcement are reshaping global compliance, increasing cross-border exposure to tax risk. taxnotes.co/4x2ycyF
Perspective: Jacques Malherbe and Rik Strauven examine the conditions that have prompted a newly proposed Belgian digital services tax. taxnotes.co/3QiaspO
Perspective: Jasper L. Cummings, Jr., examines how modifiers accompanying the term “trade or business” can change its meaning, exploring the twin presumptions that words always have the same meaning and different words mean different things. taxnotes.co/4uce9uU
Perspective: Billy Hamilton examines tax proposals in Arkansas, California, Colorado, and Florida, finding that the issues may bleed over beyond the legislative session. taxnotes.co/4x8HQQr
Perspective: Scott Levine explores the reasons behind Europe’s struggles to foster world-class technology companies despite its world-class scientists and engineers. taxnotes.co/4e3t7xC
"I think there were a couple of lessons learned from Congress's flirtation with section 899," Danielle Rolfes said. "The first one was that it worked." forbes.com/sites/taxnotes…
Gov. Mike Dunleavy (R) must once again decide whether to approve legislation that would change Alaska’s apportionment laws by adopting market-based sourcing of sales. taxnotes.co/4fu4Hzx
Subsidiaries of Tyson Chicken Inc. are not eligible for a sales tax exemption on rented wooden pallets used for delivery of the chickens, the Arkansas Supreme Court held. taxnotes.co/4att6Sk
The Canadian government has called for the country’s communications regulator to reconsider its controversial decision to require large foreign streaming services to effectively pay a tax to facilitate the implementation of the Online Streaming Act. taxnotes.co/4dRI6fd
@TaxNotes @taxtrevor in yesterdays Tax Court
A taxpayer’s cryptocurrency staking rewards totaling over $33,000 were taxable and should have been reported as income because he had dominion and control over the assets, according to the Tax Court. Read more from @taxtrevor: taxnotes.co/4uTuFkY
While member states deleted tax references from the draft regulation on pan-European personal pension products (PEPPs), the European Commission called on the European Parliament to push for the tax measure in the upcoming negotiation. taxnotes.co/4dRDUvW
A Democratic and a Republican senator jointly told a federal court that the Trump administration’s “Anti-Weaponization” Fund violates the Constitution’s spending, appropriations, and appointments clauses and should be permanently enjoined. taxnotes.co/49GQQST
The IRS is reexamining private letter rulings that effectively allow some distressed companies to avoid cancellation of debt income and preserve tax attributes in bankruptcy restructurings. taxnotes.co/4xi7SRt
JUST IN: Treasury and the IRS have announced the intent to release proposed regulations regarding the excise tax on excess executive compensation for tax-exempt organizations. taxnotes.co/3RHwOS7
Kelly Phillips Erb @taxgirl
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