Tax Law and International Tax Law

On June 16, 2025, the Senate Finance Committee released its proposed version of the "One Big Beautiful Bill Act" (the Senate Bill). The House of Representatives passed its version of the bill on May 22, 2025 (the House Draft).

On June 17, the U.S. Tax Court ruled that AbbVie, Inc. could deduct the fee it paid to terminate its 2014 combination agreement with Shire plc.

On June 16, 2025, the Senate Finance Committee released its own version (Senate Version) of the tax provisions of H.R. 1, entitled the "One Big Beautiful Bill Act," which the U.S. House of Representatives passed on May 22, 2025.

State and local governments should actively assess the reliability and timing of revenue streams to avoid disruptions caused by overreliance on volatile sources.

On June 16, 2025, the Senate Finance Committee released its proposed version of the "One Big Beautiful Bill Act" (the Senate Bill). The House of Representatives passed its version of the bill on May 22, 2025 (the House Draft).

In this episode of GeTtin' SALTy, host Nikki Dobay is joined by fellow Greenberg Traurig Shareholders Brad Marsh and Colin Fraser for a comprehensive catch-up on California property tax developments...

This summary focuses on practical issues under proposed section 899, a new tax provision that was originally included in the House budget reconciliation bill (H.R. 1) (the "House Bill") passed on May 22, 2025.

On June 16, 2025, the Senate Committee on Finance released its initial version of revisions to the "One, Big, Beautiful Bill" the House of Representatives passed last month.

On June 16, 2025, the Senate Finance Committee released its tax title for the One Big, Beautiful Bill Act (OBBB), reshaping the Low-Income Housing Tax Credit (LIHTC)...

The Obama administration submitted a budget proposal on Feb. 13 with trillions of dollars in proposed tax changes. The tax platform in the budget proposal is largely an amalgamation of provisions from earlier legislative initiatives and previous budgets, but it does include several significant new proposals affecting high-income individuals and multinational taxpayers.

On February 14, 2011, the Obama Administration Fiscal Year 2012 Budget and the Department of the Treasury "General Explanations of the Administration’s FY2012 Revenue Proposals" (the "Budget") were released.

The fiscal 2012 state budget proposed by Governor Malloy includes a provision to increase the resident user fee (provider tax) for nursing homes.