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Tax News
Tuesday, May 3, 2016
Vol. 16, No. 87
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Top News
Codes & Regs
Inside IRS
Tax Policy
Law Firms
Financial Products
Preparer Issue
Intangibles / Internet
White House
Reg Agencies
Off Beat
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Top News

  1. An Exit Tax, a Stalemate, and Expansions, Brookings and Urban Institute: Tax Policy Center: Research, May 2, 2016
  2. LeBron James Pays All Of His Social Security Taxes Before Halftime Of His First Game, TaxProf Blog, May 2, 2016
  3. WSJ:   Tax Breaks For Twitter Bring Benefits And Criticism, TaxProf Blog, May 3, 2016
  4. Prince's Death: A Lesson on the Importance of Estate Planning, Warner Norcross, May 2, 2016

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IRS Code and Regulatory Changes

  1. Alaska’s Folly:  Politicians Contemplate A State Income Tax, TaxProf Blog, May 3, 2016
Internal Revenue Service: Internal News

  1. IRS Seeking Grant Applications for the Volunteer Tax Assistance Programs, US Internal Revenue Service: Latest News, May 2, 2016
  2. IRS Accepting Applications for 2017 Low Income Taxpayer Clinic Grants, US Internal Revenue Service: Latest News, May 2, 2016
  3. IRS Seeks Applications for the Internal Revenue Service Advisory Council, US Internal Revenue Service: Latest News, May 2, 2016
  4. IRS Marks Small Business Week 2016 with Four Webinars, US Internal Revenue Service: Tax Tips, May 2, 2016

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US Tax Policy Issues and Comments

  1. Borden:   Reforming REIT Taxation (Or Not), TaxProf Blog, May 2, 2016
State, Local, and Reservation Taxes

  1. Court Filings Duel Over South Dakota's New Online Sales Tax, Bloomberg BNA: Tax and Accounting News, May 2, 2016
  2. Illinois Graduated Tax Proponents Hold Press Conference, Tax Policy Blog, May 2, 2016
  3. An equipment lessor’s local property tax reimbursement charges will soon be subject to Texas sales and use tax, Texas State and Local Tax Law, May 2, 2016
International Issues

  1. Speech Mario Draghi: Addressing the causes of low interest rates, European Union: Press Releases, May 2, 2016
  2. Speech Sabine Lautenschläger: The euro – idea and reality, European Union: Press Releases, May 2, 2016
Law Firm and Lawyer News

  1. Mayer Brown strengthens Tax Transactions & Consulting practice with addition of David Burton in New York, Mayer Brown: Tax Controversy, May 2, 2016
Litigation Updates

  1. Winston Defends Sweeping Tax Shelter Investigation Related to Derivative Transactions, Winston & Strawn: Tax Publications, May 3, 2016
Investment Funds / Financial Products

  1. Obama Fiduciary Rule Will Crush Middle Class Savers, Americans for Tax Reform, May 2, 2016
Tax Preparer Issues

  1. Can You Amend Your Stock Plan to Allow Tax Withholding up to the Maximum Statutory Rate?, Winston & Strawn: Tax Publications, May 2, 2016
Energy Taxes

  1. Jerry Bloom and Amit Kalra Speak at Wind Power Finance Investment & Summit 2016, Winston & Strawn: Tax Publications, May 2, 2016



Congressional Actions

  1. Sen. Hatch Demands Release Of Secret Reagan-Era DOJ Tax Memo Supporting Obama's Expansive Use Of Presidential Power, TaxProf Blog, May 2, 2016



Off Beat

  1. Charles Moll Discusses Property Tax Issues at IPT Annual Conference, Winston & Strawn: Tax Publications, May 2, 2016

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