United States: Tax

One message stood out during our Tax Symposium 2026 session, Tax controversy: What’s hot and what’s not: The Internal Revenue Service (IRS) is becoming more strategic...

Global families investing in U.S. real estate face critical tax structuring decisions at acquisition that can either preserve wealth or create decades of avoidable exposure. How should international investors structure their U.S. property purchases to minimize estate tax, FIRPTA obligations, and state tax compliance issues before closing the deal?

The US Treasury and IRS have issued new proposed regulations modifying the applicability dates for Section 892 rules affecting foreign government investors, providing crucial transitional relief and grandfathering protection...

New York has introduced a surcharge on high-value residential properties in New York City that are not used as primary residences, effective July 1, 2026.

July 4, 2026, is not just the 250th anniversary of American independence. It is also the first day contributions can begin flowing into “Trump accounts,” a new category of child investment...

Portability of estate and gift tax enables a surviving spouse to inherit any unused portion of their deceased spouse's federal estate and gift tax exemption, potentially doubling the exemption amount. While this powerful mechanism can help married couples preserve unused tax exemptions and minimize transfer tax liability, it is frequently misunderstood, underutilized, or improperly elected. Understanding the statutory framework, mechanics...

The U.S. Tax Court has issued its first opinion directly addressing the taxation of cryptocurrency staking rewards, holding that such rewards constitute gross income upon receipt. In Paschall v. Commissioner...

High-net-worth families are restructuring their family offices using the Lender model to qualify as separate trades or businesses for federal tax purposes. This strategic shift enables them to deduct investment-related expenses that were eliminated for individuals under the Tax Cuts and Jobs Act, creating significant tax efficiency opportunities through carefully designed management entities and allocation structures.

As public scrutiny and threats against corporate leaders intensify, more companies are investing in comprehensive security packages for senior executives.

Customs valuation determines the value of imported goods for assessing duties and taxes, with tariffs calculated as a percentage of declared entered value. Understanding transaction value methods, assists, royalties, Incoterms, and transfer pricing requirements is critical for multinational companies to avoid costly compliance errors and unexpected tariff liabilities.

One message stood out during our Tax Symposium 2026 session, Tax controversy: What’s hot and what’s not: The Internal Revenue Service (IRS) is becoming more strategic...

African governments are rapidly modernising their approach to tax and customs in the resources sector. Fiscal tools, tighter compliance frameworks and procedural reforms are reshaping investment and operational conditions across the continent.