Taxation

By Cynthia M. Ohlenfrost and Sam Megally Abstract Despite its long-term and generally well-deserved reputation as a business-friendly state, recent sales tax and franchise tax developments evidence Texas’s increasingly aggressive pursuit of tax revenue. Whether...

Tax Abuse – Lessons from Abroad

By Orly Sulami Abstract How does a government distinguish between tax planning and tax abuse? Most democratic societies agree that citizens have a right to limit their tax liability through tax planning. However, governments generally also agree that this right does...

Taxation

By Cynthia M. Ohlenforst, Sam Megally, and Angela J. Seekins Abstract If tax interpretations of the past are a prologue for tax interpretations to come, then this year’s Survey foreshadows an additional focus on several key, repeating issues. In the sales tax...