International tax policy is not written in black or white but rather in shades of gray.

Tax Analysts on November 20 sued the IRS, asking a federal court to force the agency to comply with the Freedom of Information Act and provide “monthly performance reports.”

This report discusses the role of the last-in, first-out (LIFO) inventory accounting method in the current tax system, both as a matter of practice and of policy.

Our income tax code is a mess. And who are its biggest victims? The regular W-2 wage earners — be they doctors, lawyers, nurses, architects, plumbers, or teachers.

James C. Young, a professor of accountancy at Northern Illinois University, has prepared the annual summary of inflation adjustments that affect individual taxpayers.

Tax Analysts has obtained the text of an advance pricing agreement concluded in 1993 by the IRS and pharmaceutical company SmithKline Beecham, a predecessor of GlaxoSmithKline, to govern intragroup sales of the drugs Tagamet and Dyazide.

A recent decision out of the Court of Appeals for the District of Columbia is not only one of the most significant tax decisions in decades, but also one of the most important constitutional cases in decades.

Over the last decade, large U.S. technology companies have reduced by nearly 10 percentage points the effective tax rates reported in their financial statements.

The form-substance distinction has long been a philosophical, metaphysical, and jurisprudential conundrum.

In April 2006 the California Court of Appeal, Third Appellate District, held that Toys "R" Us Inc. may include only interest earned on financial instruments in the sales factor of the state's apportionment formula.

Tax Notes has reported numerous letters in support of Eric Solomon's nomination as assistant secretary of the Treasury for tax policy. I can find nary a word spoken or written against him.

Most of the profits from the foreign operations of U.S. corporations are not taxed by the United States until they are sent home to the parent companies. So to avoid U.S. tax, many domestic companies bottle up large pools of cash in their foreign subsidiaries.

H.R. 1956, the Business Activity Tax Simplification Act of 2005, would prohibit states from imposing a corporate tax (based on net income, gross receipts, net worth, and so forth) on any corporation that has no physical presence (property or employees) in the state.

Your correspondent was once asked by a television interviewer whether there was a "legitimate" reason to have a tax haven bank account. The short answer is no.

Democrats have a problem. Well, they have several problems, but arguably their biggest and most intractable is how to respond to economic globalization.

Moving profits from the United States to low-tax jurisdictions is the way prosperous U.S. pharmaceutical companies keep their taxes low. And that domestic-to-foreign shift has clearly accelerated in recent years.

I consider myself a good liberal on most public finance issues.

A little more than 200 years ago, British colonists turned a campaign against oppressive taxes into a movement that gave rise to a new nation.

What if the medium were the message?

Last week the North Carolina General Assembly passed an $18.9 billion budget that's chock full of tax changes. The budget contains a measure that would refund 50 percent of all sales tax paid by stock car racing teams on purchases of in-car instrumentation and paint.

The recent growth in corporate tax revenue has been astounding. In 2003 Treasury collected only $132 billion in corporate income tax. By 2005 the figure had soared to $278 billion.

Tax reporters got a break from the arcane and mundane recently when Congress put two new words in their tax vocabulary: pimps and prostitutes.

In September the federal estate tax will turn 90. As lawmakers continue to ponder repealing this aged but inflammatory levy, they should consider its provenance.

In September the federal estate tax will turn 90. As lawmakers continue to ponder repealing this aged but inflammatory levy, they should consider its provenance.