Business Purpose and Economic Substance in 2025: A Resurgent Tax Doctrine with Expanding State Impact

NEWS & INSIGHTS Business Purpose and Economic Substance in 2025: A Resurgent Tax Doctrine with Expanding State Impact In 2025, the doctrines of business purpose and economic substance are once again at the forefront of tax compliance and litigation. These longstanding judicial doctrines—codified at the federal level and increasingly embraced by states—are now being applied […]

2025 COST Spring Meeting Recap: Emerging Tax Challenges and Practical Strategies

NEWS & INSIGHTS 2025 COST Spring Meeting Recap: Emerging Tax Challenges and Practical Strategies The 2025 COST Spring Meeting, held April 28 – May 1 in New Orleans, was a deep dive into the evolving world of state and local taxation. With a packed agenda spanning economic forecasts, legislative updates, AI innovation, constitutional challenges, and […]