Tax Notes

After postponing the vote twice, the European Parliament’s Committee on International Trade (INTA) is ready to resume the adoption process for the EU-U.S. trade deal while calling for several additional safeguards. taxnotes.co/4lDDDia

The Michigan Department of Treasury has released formal guidance for the state’s new wholesale marijuana tax, outlining how it will be calculated and administered as businesses begin making quarterly payments this year. taxnotes.co/47cjcTG

A new law enforcement initiative between the IRS Criminal Investigation division and the FBI will scrutinize tax-exempt organizations for connections to domestic terrorism. taxnotes.co/3PkObXz

As @jthorndike sees it, "nobody likes somebody else failing to pay their taxes." Robert Goulder and Joseph Thorndike explore tax collection throughout U.S. history, from tariffs to tax returns, and how the past has shaped Americans’ perception of tax. 👇 youtu.be/PoaLDNSGuII?si…

Bob is worth a listen — always!

A Michigan trial court lacked subject matter jurisdiction to hear a taxpayer’s challenge against the renewal of a special assessment district in the city of Detroit, the state appeals court has held. taxnotes.co/4rEDI6J

The Massachusetts House has advanced legislation that would phase in conformity with the expanded federal deductions under the One Big Beautiful Bill Act, but it would end some of those deductions if voters approve an income tax cut ballot initiative. taxnotes.co/4lDeJzc

As retailers and consumers call for refunds of President Trump’s illegal International Emergency Economic Powers Act tariffs, the issue of related state sales tax refunds is being brought into the conversation. taxnotes.com/tax-notes-toda…

NEW: Tax Notes contributing editor @RobertGoulder discusses the Supreme Court's ruling invalidating the tariffs set in place by President Trump and what to expect for refunds. Listen wherever you get your podcasts. 👇 taxnotestalk.taxnotes.com/124942/episode…

The OECD hopes to issue further global minimum tax guidance by the middle of 2026, but it likely won’t include the permanent routine profits safe harbor, the organization’s tax head said. taxnotes.co/4lIJyCH

The United States thinks of the constructive dialogue on how to address the tax challenges of the digital economy as a “box” and will not dictate what goes in that box, a @USTreasury official said. taxnotes.co/3PdqS1Z

The IRS’s decision to share address information with U.S. Immigration and Customs Enforcement allowed a data transfer that failed to satisfy the tax confidentiality statute’s requirements, four nonprofits argued. taxnotes.co/4uHgz6s

Partnerships subject to the centralized audit regime enacted in 2015 lack standing to argue that the regime violates their partners’ Fifth Amendment due process rights, the Tax Court held in a precedential opinion. taxnotes.co/40L5Z0x

The United Arab Emirates has introduced the first phase of a new research and development tax incentive regime, taking into account more favorable treatment of some nonrefundable tax credits in recent global minimum tax guidance. taxnotes.co/4cXx47Y

New Hampshire Gov. Kelly Ayotte (R) has vetoed a bill that would have created a so-called paint tax to fund a paint recycling program. taxnotes.co/4sPsqO0

Political scrutiny and audit pressure from state taxing authorities are shifting the landscape for state tax exemptions, especially those related to data centers, according to tax professionals. taxnotes.co/4lJgL16

Multinational companies headquartered in Ireland are doing the math to decide whether a return to the United States would make sense following the side-by-side agreement package affecting global tax reform, a former OECD official said. taxnotes.co/4bAl0XZ

"You may find that these high tariffs that you like so much prove to be enormously unpopular, like most regressive taxes are unpopular," @jthorndike said. "And so at the end of the day, it can revive interest in progressive alternatives." Read more: taxnotes.co/4bzf1Tj

Amazon is liable for South Carolina sales tax on third-party transactions that occurred before the state’s 2019 marketplace facilitator law was imposed, the South Carolina Supreme Court held. taxnotes.co/4bEiwrz

New Mexico has joined 21 states in taxing net controlled foreign corporation tested income (NCTI) under conformity legislation signed by Gov. Michelle Lujan Grisham (D). taxnotes.co/3NAyfQl