Taxes

A fan of Neymar Jr. made headlines last week when he declared that he was leaving his estate to the football phenom. The anonymous fan told the online newspaper Metrópoles that, in addition to his love for the Brazilian national team, he identified with the Paris Saint-Germain striker. He said, in an interview, “I like

Taxes are complex, and the line between creative tax planning and tax evasion isn’t always clear. How aggressive are you being? Are you claiming something the IRS may view as over the top? Do you have exposure for past years, and would amending your past tax returns make the situation better or worse? What is

Some countries are considering making changes to their international tax laws on transfer pricing, and it may be wise for the United States to consider doing so as well. There is a pattern of countries enacting relatively vague transfer pricing legislation and then leaving it in place untouched for decades. The United States, for example,

A recent case demonstrates the impact that a stock-purchase agreement and life insurance can have (or not have) on the valuation of a closely held company for estate tax purposes. Before diving into the case, some context is helpful. It is not uncommon for closely held businesses to have buy-sell agreements. In many instances, the

Steve Rosenthal of the Urban-Brookings Tax Policy Center reviews the GOP tax package approved by the House Ways and Means Committee, specifically the proposed individual and business tax cuts. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today