Madison Square Garden, the home of the New York Knicks, produced one of the most important decisions on New York City’s commercial real estate tax that resonates today, attorneys Jarrett Kalish and Nicholas Combs write.
International guidelines and a longstanding history of judicial restraint should temper a significant change in Canada’s transfer pricing framework, Blakes’ Pooja Mihailovich and Erich Schultze say.
This week, experts analyzed Pillar Two compliance, state tax credits for renewable energy projects, and more.
If states want a real wealth tax, they need to do the hard work first. They need to create frameworks for asset valuation, draft third-party reporting guidance, design anti-avoidance provisions, and include liquidity protections for taxpayers whose wealth is real but not easily converted into cash, writes Andrew Leahey.
Creating a $1.8 billion taxpayer-funded compensation fund in exchange for President Donald Trump dropping his lawsuit against the IRS has government experts trying to make sense of what precedent this creates going forward, Danny Werfel writes.
Robust taxpayer protection policies, transparent AI governance, strong data integrity practices, and meaningful human oversight are essential to ensuring that digital transformation enhances rather than undermines fairness, KPMG practitioners, Christian Wiesener, Barbara Mbaebie, and Akaoma Osele, say.
KPMG’s Daida Hadzic and Rob Fagan say FIFA’s reported US federal tax deal may ease team-level tax exposure for the 2026 World Cup, but it doesn’t change the core tax, withholding, classification, and social security issues affecting players, coaches, and staff.
Notice 2026-17 brings the §987 currency regime back in a somewhat circular path to its 1991 proposed regulations roots, with an election to apply an earnings and capital methodology, Grant Thornton’s Cory Perry and Wei Fan say.
Grant Thornton practitioners discuss how enterprises should allocate the value resulting from AI enablement when people, data, and workflows are interdependent and reside globally.
Dr. Glenn DeSouza of Dentons discusses how as fiscal pressures rise and Golden Tax IV rolls out, China is intensifying tax enforcement, placing MNEs under greater scrutiny on transfer pricing, beneficial ownership status, High and New Technology Enterprise status, and R&D super deduction claims.
The OECD has handed tax authorities a robust, treaty-sanctioned framework to attack excessive debt financing, meaning corporate tax directors must ensure every intercompany financial transaction is backed by rigorous analyses, says STI Taxand’s Christos Theophilou.
Companies looking to transfer existing IP from offshore affiliates to US entities, or to place all newly created IP in US affiliates, should know that each choice poses tax and legal challenges.
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