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abcnews.go.comThe court ruled that payments to limited liability partnership members count as disguised salary. BlueCrest Capital Management said the decision reduces certainty for UK tax planning.
winnipegfreepress.comThe U.S. Supreme Court sent a Helms-Burton Act case back to lower courts for further argument. The suit seeks damages from cruise lines that used docks seized by Cuba in 1959.
A federal court in Texas issued a split decision in an April case involving a company and the IRS. The ruling addressed tax treatment of micro-captive insurance arrangements used by some small businesses.
westernjournal.comA Madrid court ruled that Spain's tax authority wrongly fined Shakira for 2011 taxes. The decision requires repayment of fines plus interest and costs.