Perry Cooper

UT-Austin is behind on $160,000 in property taxes, penalties, and interest for the UT Club restaurant inside the Longhorns' football stadium, Travis County says in a new lawsuit. The county wants the restaurant sold to cover the bill. #txlege news.bloombergtax.com/daily-tax-repo…

A Massachusetts appeals court rocked the boat yesterday by allowing the DOR to tax a nonresident's capital gains from a stock sale. That could put the state's position as an innovation hub at risk. Read more here: news.bloomberglaw.com/daily-tax-repo…

Taxpayer advocates warn that if the court upholds the assessment, it could chase innovation out of Massachusetts: news.bloomberglaw.com/daily-tax-repo…

Yesterday a Mass. appellate panel heard arguments over whether the state has the right to tax a New Hampshire resident's gain on stock he obtained founding and running a company there: news.bloomberglaw.com/daily-tax-repo….

SCOTUS skips the Zilka v. Philadelphia case about aggregating state and local income for tax purposes. Next week, we could get news on whether they will take the Disney and IBM foreign royalties cases. Here's my story on today's cert denial: news.bloomberglaw.com/daily-tax-repo…

Investors are concerned about unexpected tax bills and sizable penalties following last week's Washington Supreme Court decision limiting the state’s business and occupation tax investment income deduction. Read more here: #jcite" target="_blank" rel="nofollow noopener">bloomberglaw.com/bloomberglawne…

16 investment funds won't get $400k in Wash. B&O tax refunds after the state high court rejected their reading of the biz income deduction. W/a SCOTUS petition off the table (no federal Q), a leg fix is their only hope. (Corrected to add the right link!) news.bloomberglaw.com/daily-tax-repo…

From @PerryECooper: Former New York City Mayor Bill de Blasio must sit for a two-hour deposition in a proposed class action by Black property owners facing foreclosure as a result of tax delinquencies, a federal court ruled. news.bloombergtax.com/daily-tax-repo…

FWIW, the brand-new 15th Court of Appeals (on which Justice @ScottKingField sits) already has more cases on its argument calendar than the vast majority of the other 14 intermediate appellate courts.

JetBlue Airways and the Florida Department of Revenue both want a lawsuit over how to decide much of a commercial airline’s income is taxable in the state decided without trial. btaxgo.com/8ih0Cfh

Tomorrow the Illinois Supreme Court will hear a case about county fuel taxes that could have repercussions on the broader commodities trading industry. It could also inspire localities to expand the reach of their tax statutes. Read more here: news.bloomberglaw.com/daily-tax-repo…

Want to know why a recent Nebraska Supreme Court ruling in a case involving a Berkshire Hathaway company has taxpayers "totally freaking out"? Read on here: news.bloomberglaw.com/daily-tax-repo… @BLaw @tax

EXCLUSIVE: Louisiana confidentially settled a major tax lawsuit against ConocoPhillips, but declined to reveal whether the oil giant paid any of the $700M in back taxes and penalties initially sought. See my story in @bloombergtax news.bloombergtax.com/daily-tax-repo…

Great advice for anyone who wants to be a helpful source from rock star @AlisonFrankel:

Who doesn't love transfer pricing? See my interview with Joe Garrett @DeloitteUS, a true expert and gentleman. We get into TP, combined reporting and state audits, all in @bloombergtax news.bloombergtax.com/transfer-prici…

Oregon created a framework for taxing the first program legalizing psilocybin-assisted therapy. Magic mushrooms are a federally controlled substance, but a dozen states are drafting plans to decriminalize psychedelics. See my deep dive in @bloombergtax news.bloombergtax.com/daily-tax-repo…

The links are out there: @KristenParillo @TaxNotes @SloweyErin @ReporterCioffi @tax @JeffOverley @TaxLaw360 @benmvaldez @mariesapirie @PerryECooper @DMoroses3244 @taxtweet @edzollars @YourVoiceAtIRS @Forbes @mjwaggonernc @TheTaxAdviser +more! eidebailly.com/insights/blogs…

@jessin_progress Agreed. I aced Admin Law after taking Environmental Law. It was my best grade in law school.

I’m no Sean for sure, just a government employee who does a ton of statutory interpretation. Take admin law. Or environmental law if you’re an evening student and that’s all they offer. Even state admin law is better than nothing. It’s seriously how the sausage is made!

The Supreme Court’s blockbuster Chevron ruling will constrain environmental, consumer and financial-watchdog agencies. bloomberg.com/news/articles/…

Federal limits on how states may use $195 billion in Covid-19 pandemic aid didn’t survive scrutiny from the Fifth Circuit, the sixth appeals court to consider similar challenges. btaxgo.com/IpStFPv