Tax Law News and Insights

Iowa has five different sales and use tax exemptions specifically for data centers. On June 6, 2025, Iowa Governor Kim Reynolds signed  H.F. 976, a law which changes the scope and administration of these data center exemptions. The data center portions of this bill take effect immediately. Businesses with current or...

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On May 12, 2025, the House Ways and Committee released an updated text of draft tax legislation (the "House Draft Bill"). Amongst the proposed provisions are a few significant changes that could particularly affect nonprofits and individuals working with or for nonprofits: Nonprofits would be required to pay tax on the sale...

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I. Overview Proposed Section 8991, introduced as part of the "Defending American Jobs and Investment Act" (H.R. 591) and incorporated into the House Ways and Means Committee's tax package titled "The One, Big, Beautiful Bill" (the "Bill"), aims to impose retaliatory tax measures against non-US countries deemed to levy discriminatory...

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