Mark Zuckerberg may move his primary residence outside California if the state’s Proposition 40 is enacted, Meta says in a filing.

The U.S. Court of Federal Claims held that a taxpayer failed to establish jurisdiction over his federal tax refund claim or plausibly allege entitlement to a refund because his self-created ...

Switzerland will delay by one year the application of OECD guidance restricting the use of certain deferred tax assets in effective tax rate calculations under global minimum tax rules, the federal ...

Filming activity in Los Angeles across movies, television series, documentaries and commercials fell 4.8% in the third quarter from a year ago, even with the share of productions supported by ...

The U.S. Court of Federal Claims held that a corporate taxpayer could not recover interest and fraud penalties assessed through a civil examination because restrictions applicable to restitution-based ...

The U.S. Tax Court held that partnerships were not entitled to charitable contribution deductions for façade conservation easements because the easement deeds failed to protect the conservation ...

Sixth Circuit judges Wednesday questioned the dismissal of a whistleblower’s bid for $240 million from the IRS, which capped the award at $10 million despite his role to help recover around $1.6 ...

The U.S. Court of Federal Claims held that a taxpayer could not pursue its refund claim because it failed to file an administrative refund claim after paying the disputed tax ...

The IRS issued final regulations clarifying the treatment of certain liabilities assumed in I.R.C. §351 exchanges between members of a consolidated group for purposes of determining stock basis under ...

The IRS issued a notice on updated interest rates used to determine pension plan funding obligations and benefit values. The guidance provides the corporate bond monthly yield curve and minimum ...

Chicago Mayor Brandon Johnson’s budget for next year includes a renewed push for a per-employee head tax on businesses and a request to sell millions in bonds to pay down settlements and judgments for ...

The IRS and Treasury Department are partially withdrawing proposed anti-abuse rules for a controlled corporation’s distribution of stock or securities.