Featured Analysis
A curated selection of our standard-setting tax analysis and commentary. If you are looking for the Tax Notes difference, look no further.
Marie Sapirie examines the proposal to repeal or at least raise the state and local tax deduction and the efforts to expand the child tax credit in terms of contrast, and she questions whether either tax benefit stands a chance.
Joseph J. Thorndike recounts the history of "tax ferrets," arguing that paying private tax collectors with a bounty system is a good way to ensure that the relationship between taxpayers and the state becomes as toxic and hostile as possible.
Karen C. Burke examines the problem of contributed zero-basis intangibles in light of the IRS’s inadvertent disclosure of a transaction structured by Bristol-Myers Squibb to shift billions of dollars of built-in gain to a related foreign partner.
Allison Christians considers the governance structure underlying the international tax framework and argues that the world would benefit from its fundamental transformation into a randomized and more equitable leadership structure, whether through existing institutions like the OECD's inclusive framework, or a new body, such as a global forum on tax governance.
In this installment of The SALT Box, Roxanne Bland examines the technological changes that have thrown state tax laws and regulations into disarray.
Tax Notes State recognizes Harley Duncan of KPMG LLP as its person of the year, including an interview with senior editor Doug Sheppard and tributes by Dan R. Bucks, Verenda Smith, and Doug Lindholm.
Nana Ama Sarfo sits down with Martin Kreienbaum, the outgoing head of the OECD's Committee on Fiscal Affairs and Inclusive Framework on BEPS to discuss his tenure and reflections on the inclusive framework's new two-pillar global tax deal.
Benjamin Alarie and Kathrin Gardhouse examine the classification of workers in the gig economy and use machine-learning models to evaluate the legal factors that determine their categorization as employees or independent contractors for federal income tax purposes.
As Congress debates whether to alter the $10,000 cap on the state and local tax deduction, some states -- with the IRS's blessing -- have created creditable passthrough entity-level taxes that can help business owners recapture the value of the full, uncapped deduction. But do those approaches help, or do they just add more complexity to an already confusing system? In a December 8 "Taxing Issues" webinar, panelists Steven N.J. Wlodychak, formerly of EY, Alysse McLoughlin of Jones Walker LLP, and Brian Reardon of the S Corporation Association and Reardon Consulting LLC joined Tax Analysts President and CEO Cara Griffith to examine states' SALT cap workarounds.
Marie Sapirie highlights Democratic lawmakers and coalitions that have been influential in shaping the budget reconciliation legislation still being considered in Congress as 2021 draws to a close.