Bloomberg Tax

09/08/2026

A preliminary injunction blocking the IRS’s taxpayer data sharing agreement with the Department of Homeland Security can stand, the DC Circuit said.

A preliminary injunction blocking the IRS’s taxpayer data sharing agreement with the Department of Homeland Security can stand, the DC Circuit said Tuesday.

09/08/2026

The OECD’s pending new rules to shore up leaks in the global minimum tax are sparking concerns among tax pros about yet another layer of complexity to an already-complicated framework.

09/08/2026

Opinion: New York should direct charitable-minded filers straight to eligible nonprofit organizations instead of routing charitable intent back through state-administered funds.

09/08/2026

Utah and California are among at least 10 states targeting residents who register their vehicles through Montana shell companies to evade sales taxes and fees at home.

09/08/2026

Australian lawmakers have turned the spotlight on the nation’s markets regulator and its role policing auditors as the government considers a broad crackdown after two Big Four affiliates have now admitted to abusing confidential client details in recent years.

09/08/2026

A veteran KPMG tax leader will be managing partner of the UK-Switzerland arm formed three years ago to help expand the firm’s reach in areas like financial services. Read more at the link in our comments.

09/08/2026

The Federal Circuit handed expat taxpayers back-to-back losses, ruling that certain US tax treaties don’t permit offsetting a 3.8% net investment income tax with foreign tax credits, but practitioners say the court’s narrow statutory analysis sidesteps key treaty interpretation questions. Read more at the link in our comments.

09/08/2026

The owner of a Texas wind farm built for $399 million recently convinced a court to slash its valuation to $37 million, eroding much of its property tax liability and highlighting tensions between renewable companies and rural districts in a state that produces more wind energy than anywhere else in the country. Read more at the link in our comments.

09/08/2026

As EU leadership pushes simpler tax rules to boost industry and the economy, businesses and tax advisers say one of the bloc’s biggest unresolved tax problems has slipped down the political agenda: transfer pricing. Read more at the link in our comments.

09/07/2026

New York City homeowners trying to escape their pied-à-terre tax liability have a slew of legal strategies to consider as they await their first bills, according to practitioners. Read more at the link in our comments.