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News, commentary, analysis | taxnotes.com
Nonpartisan nonprofit.
Reposted by Tax Notes
"The Russian businessmen who funded the policies and were insured under them used a complex structure of tiered trusts and shell companies ... The policy arrangements involved Swiss Life subsidiaries in Luxembourg and Liechtenstein" - @taxnotes.com + @icij.org www.taxnotes.com/featured-new...
Before Switzerland’s largest life insurance company agreed to pay the U.S. government more than $77 million for facilitating tax evasion, it arranged private placement life insurance policies for Russian oligarchs, leaked documents from @icij.org show.
Read more: https://taxnotes.co/3XdFjUq
Read more: https://taxnotes.co/3XdFjUq
November 25, 2025 at 9:05 PM
"The Russian businessmen who funded the policies and were insured under them used a complex structure of tiered trusts and shell companies ... The policy arrangements involved Swiss Life subsidiaries in Luxembourg and Liechtenstein" - @taxnotes.com + @icij.org www.taxnotes.com/featured-new...
Before Switzerland’s largest life insurance company agreed to pay the U.S. government more than $77 million for facilitating tax evasion, it arranged private placement life insurance policies for Russian oligarchs, leaked documents from @icij.org show.
Read more: https://taxnotes.co/3XdFjUq
Read more: https://taxnotes.co/3XdFjUq
November 25, 2025 at 4:39 PM
Before Switzerland’s largest life insurance company agreed to pay the U.S. government more than $77 million for facilitating tax evasion, it arranged private placement life insurance policies for Russian oligarchs, leaked documents from @icij.org show.
Read more: https://taxnotes.co/3XdFjUq
Read more: https://taxnotes.co/3XdFjUq
Reposted by Tax Notes
I'm quoted in the latest @laurenloricchio.bsky.social + @chandrawallace.bsky.social @taxnotes.com investigation of the "offshore" life insurance industry, which found a Russian oligarch with a $430 million policy. Article here: www.taxnotes.com/tax-notes-to...
November 24, 2025 at 11:04 PM
I'm quoted in the latest @laurenloricchio.bsky.social + @chandrawallace.bsky.social @taxnotes.com investigation of the "offshore" life insurance industry, which found a Russian oligarch with a $430 million policy. Article here: www.taxnotes.com/tax-notes-to...
Another bill that would extend the expiring Affordable Care Act tax credit was introduced in the House before Congress left Washington for Thanksgiving break, but lawmakers have yet to coalesce around one proposal.
Read more: https://taxnotes.co/4o8dN5z
Read more: https://taxnotes.co/4o8dN5z
November 24, 2025 at 5:51 PM
Another bill that would extend the expiring Affordable Care Act tax credit was introduced in the House before Congress left Washington for Thanksgiving break, but lawmakers have yet to coalesce around one proposal.
Read more: https://taxnotes.co/4o8dN5z
Read more: https://taxnotes.co/4o8dN5z
"Shutdowns are dramatic, inconvenient, and expensive. And they can be very hard on vulnerable populations," @joethorndike.bsky.social writes. "But as political factors, shutdowns probably don’t matter too much."
What 50 Years Of Shutdowns Can Tell Us About The Next One
Joseph J. Thorndike examines the lessons that we can learn from the government’s history of shutdowns as we approach yet another opportunity for a government shutdown.
www.forbes.com
November 21, 2025 at 8:52 PM
"Shutdowns are dramatic, inconvenient, and expensive. And they can be very hard on vulnerable populations," @joethorndike.bsky.social writes. "But as political factors, shutdowns probably don’t matter too much."
Reposted by Tax Notes
New paper on importance, challenges, and goals of progressive tax reform published in @taxnotes.com and now available outside paywall here: papers.ssrn.com/sol3/papers....
November 20, 2025 at 4:42 PM
New paper on importance, challenges, and goals of progressive tax reform published in @taxnotes.com and now available outside paywall here: papers.ssrn.com/sol3/papers....
Recent analyses of President Trump’s pledge to repackage the revenue from his tariffs into “tariff dividends” for the public all come to the same conclusion: There isn’t enough money.
Read more: https://taxnotes.co/4ijIEuU
Read more: https://taxnotes.co/4ijIEuU
November 20, 2025 at 4:10 PM
Recent analyses of President Trump’s pledge to repackage the revenue from his tariffs into “tariff dividends” for the public all come to the same conclusion: There isn’t enough money.
Read more: https://taxnotes.co/4ijIEuU
Read more: https://taxnotes.co/4ijIEuU
Intuit is partnering with OpenAI under a $100 million multiyear contract the companies say will improve taxpayer assistance and help with tax refund estimates using ChatGPT.
Read more: https://taxnotes.co/3LTm5AS
Read more: https://taxnotes.co/3LTm5AS
November 19, 2025 at 4:45 PM
Intuit is partnering with OpenAI under a $100 million multiyear contract the companies say will improve taxpayer assistance and help with tax refund estimates using ChatGPT.
Read more: https://taxnotes.co/3LTm5AS
Read more: https://taxnotes.co/3LTm5AS
Maryland taxpayer dollars shouldn't be used to fund local law enforcement partnerships with the U.S. Immigration and Customs Enforcement, the state comptroller is arguing.
Read more: https://taxnotes.co/3JIZvuh
Read more: https://taxnotes.co/3JIZvuh
November 18, 2025 at 6:34 PM
Maryland taxpayer dollars shouldn't be used to fund local law enforcement partnerships with the U.S. Immigration and Customs Enforcement, the state comptroller is arguing.
Read more: https://taxnotes.co/3JIZvuh
Read more: https://taxnotes.co/3JIZvuh
The giant tax bill of 2025 isn’t all that big, ranking sixth in tax-cutting impacts in the annals of tax legislation history and sliding to ninth if tariffs are counted as tax increases, according to findings from the Tax Foundation.
Read more: https://taxnotes.co/485XC2N
Read more: https://taxnotes.co/485XC2N
November 17, 2025 at 6:10 PM
The giant tax bill of 2025 isn’t all that big, ranking sixth in tax-cutting impacts in the annals of tax legislation history and sliding to ninth if tariffs are counted as tax increases, according to findings from the Tax Foundation.
Read more: https://taxnotes.co/485XC2N
Read more: https://taxnotes.co/485XC2N
Tax practitioners are bracing for delays with exams and appeals as IRS staff return to work following the end of the government shutdown.
Read more: https://taxnotes.co/49efVoJ
Read more: https://taxnotes.co/49efVoJ
November 14, 2025 at 7:10 PM
Tax practitioners are bracing for delays with exams and appeals as IRS staff return to work following the end of the government shutdown.
Read more: https://taxnotes.co/49efVoJ
Read more: https://taxnotes.co/49efVoJ
Reposted by Tax Notes
New paper on tax reform in wake of OBBBA is out this week in
@taxnotes.com. While that bill is (rightly) unpopular, risk that regressive and complex changes end up living on in years ahead if we follow past patterns. Paper begins to sketch out paths for progressive tax reform.
@taxnotes.com. While that bill is (rightly) unpopular, risk that regressive and complex changes end up living on in years ahead if we follow past patterns. Paper begins to sketch out paths for progressive tax reform.
www.taxnotes.com
November 13, 2025 at 7:47 PM
New paper on tax reform in wake of OBBBA is out this week in
@taxnotes.com. While that bill is (rightly) unpopular, risk that regressive and complex changes end up living on in years ahead if we follow past patterns. Paper begins to sketch out paths for progressive tax reform.
@taxnotes.com. While that bill is (rightly) unpopular, risk that regressive and complex changes end up living on in years ahead if we follow past patterns. Paper begins to sketch out paths for progressive tax reform.
A threshold relevancy determination is required before applying the codified economic substance doctrine, the Tax Court unanimously held in a closely followed microcaptive insurance case.
Read more: https://taxnotes.co/48i5yyf
Read more: https://taxnotes.co/48i5yyf
November 13, 2025 at 8:52 PM
A threshold relevancy determination is required before applying the codified economic substance doctrine, the Tax Court unanimously held in a closely followed microcaptive insurance case.
Read more: https://taxnotes.co/48i5yyf
Read more: https://taxnotes.co/48i5yyf
📢 The 2026 submission period for the Tax Notes Student Writing Competition is now open!
We're inviting students to submit their writing on unsettled questions in federal, state, or international tax law or policy.
Learn more: taxnotes.com/students
We're inviting students to submit their writing on unsettled questions in federal, state, or international tax law or policy.
Learn more: taxnotes.com/students
November 12, 2025 at 5:08 PM
📢 The 2026 submission period for the Tax Notes Student Writing Competition is now open!
We're inviting students to submit their writing on unsettled questions in federal, state, or international tax law or policy.
Learn more: taxnotes.com/students
We're inviting students to submit their writing on unsettled questions in federal, state, or international tax law or policy.
Learn more: taxnotes.com/students
What effects, good or not, will the tax policies of incoming New York City Mayor Zohran Mamdani (D) have on New York City?
Tax wonks weigh in: https://taxnotes.co/3JuxCGd
Tax wonks weigh in: https://taxnotes.co/3JuxCGd
November 11, 2025 at 6:31 PM
What effects, good or not, will the tax policies of incoming New York City Mayor Zohran Mamdani (D) have on New York City?
Tax wonks weigh in: https://taxnotes.co/3JuxCGd
Tax wonks weigh in: https://taxnotes.co/3JuxCGd
"Ultimately, the historical briefs reach a compelling conclusion: Upholding Trump’s claim to unbounded tariff authority would constitute a revolution in American governance," @joethorndike.bsky.social writes.
Three Compelling Historical Arguments Against The Trump Tariffs
Joseph J. Thorndike examines the amicus briefs filed in the two combined cases currently challenging the Trump administration’s tariffs before the Supreme Court.
www.forbes.com
November 10, 2025 at 5:50 PM
"Ultimately, the historical briefs reach a compelling conclusion: Upholding Trump’s claim to unbounded tariff authority would constitute a revolution in American governance," @joethorndike.bsky.social writes.
"If the Court were to overrule the IEEPA tariffs on the grounds that delegations related to taxes and tariffs must be more specific than other types of powers, the consequences for tax could be extensive," Marie Sapirie writes.
Untangling The Tariff And Tax Delegation Case At The Supreme Court
Marie Sapirie argues that two companies’ nondelegation argument in their Supreme Court challenge to President Trump’s tariff actions is unlikely to succeed.
www.forbes.com
November 7, 2025 at 6:51 PM
"If the Court were to overrule the IEEPA tariffs on the grounds that delegations related to taxes and tariffs must be more specific than other types of powers, the consequences for tax could be extensive," Marie Sapirie writes.
Reposted by Tax Notes
🗣️ IISD Tax expert Elisângela Rita recently spoke with @taxnotes.com about her journey into international tax, while discussing key tax issues and developments.
Listen to the conversation now➡️ taxnotestalk.taxnotes.com/124942/episo...
Listen to the conversation now➡️ taxnotestalk.taxnotes.com/124942/episo...
From Lisbon: The Future of International Tax Cooperation - Tax Notes Talk
Elisângela Rita, a former member of the U.N. Committee of Experts on International Cooperation in Tax Matters, discusses her career in international tax and the evolution of U.N. global tax convention...
taxnotestalk.taxnotes.com
November 7, 2025 at 10:32 AM
🗣️ IISD Tax expert Elisângela Rita recently spoke with @taxnotes.com about her journey into international tax, while discussing key tax issues and developments.
Listen to the conversation now➡️ taxnotestalk.taxnotes.com/124942/episo...
Listen to the conversation now➡️ taxnotestalk.taxnotes.com/124942/episo...
The government shutdown and a lack of resources at the IRS are among the significant risks to the 2026 filing season, according to former IRS Commissioner Daniel Werfel.
Read more: https://taxnotes.co/3LpAuVk
Read more: https://taxnotes.co/3LpAuVk
November 6, 2025 at 8:55 PM
The government shutdown and a lack of resources at the IRS are among the significant risks to the 2026 filing season, according to former IRS Commissioner Daniel Werfel.
Read more: https://taxnotes.co/3LpAuVk
Read more: https://taxnotes.co/3LpAuVk
Reposted by Tax Notes
Legal opinions argue that taxpayers can source gains to Puerto Rico that were accrued before establishing residency in Puerto Rico in some circumstances. That advice could put taxpayers on the wrong side of the IRS.
Our latest @taxnotes.com investigation bit.ly/3Jj4rpy
Our latest @taxnotes.com investigation bit.ly/3Jj4rpy
bit.ly
November 6, 2025 at 2:02 PM
Legal opinions argue that taxpayers can source gains to Puerto Rico that were accrued before establishing residency in Puerto Rico in some circumstances. That advice could put taxpayers on the wrong side of the IRS.
Our latest @taxnotes.com investigation bit.ly/3Jj4rpy
Our latest @taxnotes.com investigation bit.ly/3Jj4rpy
NEW: The IRS has informed states participating in Direct File that the free filing tool won’t be offered in 2026, according to an email from the agency.
Read more: https://taxnotes.co/4qFxLY9
Read more: https://taxnotes.co/4qFxLY9
November 5, 2025 at 4:54 PM
NEW: The IRS has informed states participating in Direct File that the free filing tool won’t be offered in 2026, according to an email from the agency.
Read more: https://taxnotes.co/4qFxLY9
Read more: https://taxnotes.co/4qFxLY9
📢 Calling all innovators in U.S. federal tax!
Tax Analysts is expanding our Award of Distinction program with a new category celebrating excellence in U.S. federal taxation.
Submit a nomination for yourself or someone else today: awards.taxanalysts.org
Tax Analysts is expanding our Award of Distinction program with a new category celebrating excellence in U.S. federal taxation.
Submit a nomination for yourself or someone else today: awards.taxanalysts.org
November 4, 2025 at 6:14 PM
📢 Calling all innovators in U.S. federal tax!
Tax Analysts is expanding our Award of Distinction program with a new category celebrating excellence in U.S. federal taxation.
Submit a nomination for yourself or someone else today: awards.taxanalysts.org
Tax Analysts is expanding our Award of Distinction program with a new category celebrating excellence in U.S. federal taxation.
Submit a nomination for yourself or someone else today: awards.taxanalysts.org
The IRS is hiring criminal investigators to assist with President Trump’s efforts to ramp up law enforcement in Washington, D.C.
Read more: https://taxnotes.co/49AWtTb
Read more: https://taxnotes.co/49AWtTb
November 4, 2025 at 3:53 PM
The IRS is hiring criminal investigators to assist with President Trump’s efforts to ramp up law enforcement in Washington, D.C.
Read more: https://taxnotes.co/49AWtTb
Read more: https://taxnotes.co/49AWtTb
As federal funding for the Supplemental Nutrition Assistance Program (SNAP) teeters amid the federal government shutdown, state officials and governors are highlighting direct tax and budget risks.
Read more: https://taxnotes.co/4qGno6e
Read more: https://taxnotes.co/4qGno6e
November 3, 2025 at 6:06 PM
As federal funding for the Supplemental Nutrition Assistance Program (SNAP) teeters amid the federal government shutdown, state officials and governors are highlighting direct tax and budget risks.
Read more: https://taxnotes.co/4qGno6e
Read more: https://taxnotes.co/4qGno6e
Reposted by Tax Notes
🌍#ICRICT in @taxnotes.com key insight:
Spain, Brazil, Chile - a coalition of countries is doubling down on a mission to tax the ultra wealthy.
Read Nana Sarfo article on our event on extreme wealth inequality during IMF/WB Annuals #IMFMeetings.
Full story: shorturl.at/ovSCj
#TaxThePower
Spain, Brazil, Chile - a coalition of countries is doubling down on a mission to tax the ultra wealthy.
Read Nana Sarfo article on our event on extreme wealth inequality during IMF/WB Annuals #IMFMeetings.
Full story: shorturl.at/ovSCj
#TaxThePower
October 31, 2025 at 2:28 PM
🌍#ICRICT in @taxnotes.com key insight:
Spain, Brazil, Chile - a coalition of countries is doubling down on a mission to tax the ultra wealthy.
Read Nana Sarfo article on our event on extreme wealth inequality during IMF/WB Annuals #IMFMeetings.
Full story: shorturl.at/ovSCj
#TaxThePower
Spain, Brazil, Chile - a coalition of countries is doubling down on a mission to tax the ultra wealthy.
Read Nana Sarfo article on our event on extreme wealth inequality during IMF/WB Annuals #IMFMeetings.
Full story: shorturl.at/ovSCj
#TaxThePower