Tax Notes

In this episode of Tax Notes Talk, freelance reporters Emilia Sroka and Roland Papp discuss paying taxes in Poland and Hungary and how the citizens in those countries feel about it. 👇 forbes.com/sites/taxnotes…

Perspective: Thomas L. Tacker and Vitaly S. Guzhva examine how a revenue-neutral jet fuel tax could be designed to reward airline fuel efficiency rather than simply shifting tax burdens according to fare structure. taxnotes.co/4gRiOzC

Perspective: Richard S. Collier and Ian F. Dykes explore proposed revisions to the OECD’s transfer pricing guidelines, focusing on transfer pricing controversies related to research and development. taxnotes.co/4yDnShp

Perspective: Hale E. Sheppard explores three recent tax cases in which the parties, focused on winning smaller points, lost sight of the bigger picture and failed to request solutions that the court could actually grant. taxnotes.co/44N04ds

Perspective: Wei Cui traces the influence of one relatively unknown man, Eldon King, on the beginning and development of the U.S. tax treaty program. taxnotes.co/3TgVwtf

"The fact that Trump accounts are part of the tax code isn’t ideal, because they’re not fundamentally a tax policy," @mariesapirie writes. forbes.com/sites/taxnotes…

Perspective: Billy Hamilton examines Illinois’s new budget, which includes a digital ad tax, finding that enacting the tax means accepting that a legal fight lies ahead. taxnotes.co/4wn8fsQ

Perspective: Patrick Driessen contends that inclusions of huge sums of positive Social Security wealth in calculations of total wealth could misinform Social Security policy, tax policy, and the distribution of wealth. taxnotes.co/3TeeyR3

Perspective: Oliver R. Hoor explores the European Commission’s proposed tax omnibus directive, arguing that it will undermine tax sovereignty within the EU and that member states should reject it. taxnotes.co/4fxj5oS

Perspective: Carrie Brandon Elliot reviews the application of Florida’s homestead exemption to the collection of a Danish tax judgment. taxnotes.co/4vS5i2C

New Jersey and New York saw a collective tax revenue boost from the FIFA World Cup in June. More from @EmilyHoll9: taxnotes.co/4fwSKr1

A company’s smokable product that doesn’t contain tobacco or nicotine is excluded from Indiana’s cigarette and tobacco taxes, according to the state’s Department of Revenue. taxnotes.co/44Nn3oB

Major U.S. business organizations said proposed revisions to Chapter VII of the OECD transfer pricing guidelines on intragroup services, intended as clarifications, would increase compliance burdens, spur tax disputes, and raise double taxation risks. taxnotes.co/4xlfUs3

Perspective: @ryanmfinley explains why Amgen is wrong to argue that material differences require rejection of the comparable profits method. taxnotes.co/44O4ikT

The European Commission will open infringement proceedings against five member states for their weak penalties for noncompliance with reporting requirements under the directive on administrative cooperation (DAC). taxnotes.co/3TTo9gb

NEW: This week on the podcast, Tax Notes legal reporter @taxtrevor investigated how the qualified tips deduction under the One Big Beautiful Bill Act has affected tipped workers in the year since the law's enactment. 👇 buzzsprout.com/124942/episode…

Michael Faulkender, former @USTreasury deputy secretary, said he expects lawmakers to extend recently enacted tax incentives like the tips deduction because of their relative low cost and political salience. taxnotes.co/4fhttCy

Senate Democratic taxwriters told the IRS’s top official they are opening an inquiry into whether he misrepresented staffing levels at the agency in testimony to lawmakers earlier this year. More from @cady_stanton and @benmvaldez: taxnotes.co/4fR5HgK

The top House taxwriter said he hopes to revisit expanding the section 199A passthrough deduction to as high as 25 percent after last year’s massive tax bill made the provision permanent, but at a lower rate. Read more from @cady_stanton: taxnotes.co/4yEIAO0

Nebraska Gov. Jim Pillen (R) has issued an executive order that he says prevents data centers from participating in one of the state's tax incentive programs. taxnotes.co/4bt7LJB