Your #1 source for everything tax. News, commentary, analysis. Nonpartisan nonprofit. #LetsTalkTax & #TaxTwitter | Follow our journalists: https://xitter.cf/t.co/1qgIlqOjrz
Falls Church, VA
Joined January 2012
- Tweets72.1K
- Following2.9K
- Followers36.7K
- Likes11.1K
"The English Premier League is more than just football," @RobertGoulder writes. "It might be Britain’s greatest cultural export since the works of William Shakespeare." forbes.com/sites/taxnotes/20…
Design and creation elements don’t necessarily reclassify a work of art from the supply of a good to the supply of a service for VAT purposes, an advocate general to the EU’s General Court concluded. taxnotes.co/4jBjFpA
Bitters sold by a wine and spirits business aren't subject to spirit taxes because the products are not beverages, according to a Washington tax review officer. taxnotes.co/4jAGE44
A U.S. food importer is challenging Trump administration tariffs on Canadian goods in federal court, arguing that the tariffs are just the latest effort by the administration to appropriate power assigned to Congress. taxnotes.co/4jvybPB
Tax Notes retweeted
I recently chatted with @cady_stanton about how taxing AI and data centers echoes international tax conversations we've been having since the early 2000s tech boom. And involves many of the same protagonists.
Like old wine in bottles, but now the wine is fortified.
From @cady_stanton: Any changes to the tax treatment of data centers likely won’t move until the next Congress, despite a spike in federal legislative proposals on taxing the industry. taxnotes.co/4hYhRpl
Several Democrats on the House Ways and Means Committee are urging Treasury to explain the delayed release of filing season statistics that would shed light on the new tax law. taxnotes.co/487tvbz
Chicago Mayor Brandon Johnson (D) is moving ahead with plans to revive a corporate head tax and increase the personal property lease tax on corporations to address an $882 million budget gap. taxnotes.co/4yCNuKd
To secure a political mandate to negotiate with the European Parliament on the proposed 28th regime at an October 23 meeting, the Irish EU Council presidency drafted a statement to reassure them on the tax provisions. taxnotes.co/4yw1hlD
The OECD inclusive framework on base erosion and profit shifting will soon return to discussions on the taxation of the digital economy, likely by revisiting previous work on the issue, an OECD official said. taxnotes.co/4dNcabq
The Fifth Circuit has agreed to toss a district court decision finding that the assessment of civil foreign bank account reporting penalties violated an individual’s Seventh Amendment rights and send the case back for reconsideration. taxnotes.co/3VZdZMg
The top Senate Democratic taxwriter is asking the Big Four accounting firms to provide details on any work advising multinational corporations to offshore profits to low-tax jurisdictions, including Malta. taxnotes.co/3U6CoyY
The public will soon be able to view Tax Court motions remotely through the Tax Court’s electronic filing and case management system rather than having to file a records request or visit the courthouse. taxnotes.co/4zGm5rA
A recent IRS ruling regarding an exchange-traded swap fund strategy leaves the exact nature of the recast transaction unclear, drawing pointed questions from tax professionals. taxnotes.co/4BfkqLb
The OECD has issued a revised technical template for standardized data exchanges between jurisdictions, implementing changes to the global anti-base-erosion information return (GIR) following the pillar 2 side-by-side package. taxnotes.co/3Uzo4iB
Members of the clergy who had previously applied for an exemption from Social Security taxes will be able to revoke that exemption under newly enacted legislation. taxnotes.co/3WEDMJN
A group of senators questioned Treasury’s authority to issue proposed regulations that would threaten the tax-exempt status of approximately 18,000 private schools for engaging in race-based practices. taxnotes.co/4yxUkQW
An Illinois court held that it can hold an underdeveloped record against an administrative agency in a real estate holding company's property tax appeal regarding billboards. taxnotes.co/4yy3oFC
The Minnesota Department of Revenue has issued guidance clarifying the sales and use tax treatment of telecommunications equipment. taxnotes.co/4elE7qQ
The new chair of the EU Code of Conduct Group on business taxation faces two challenges: repairing the bloc’s relationship with formerly blacklisted countries and helping the body find a renewed purpose. taxnotes.co/4dL8BCA
A Polish tax official known for championing transparency while cautioning against burdensome antiavoidance rules has taken the helm of the EU Council’s Code of Conduct Group on business taxation. taxnotes.co/4zBTNyk