NJ Tax Court Tosses Online Sellers’ Income Tax Expansion CaseNew Jersey’s regulations expanding income tax obligations to out-of-state online merchants don’t exceed the state’s authority under federal law, the state tax court ruled Thursday.Bloomberg Tax News4d agoWhole story →TechnologyJusticenj online sales tax ruling
Agencies Withheld Information on DOGE Data Access, Watchdog SaysIndependent investigators couldn’t verify that the Department of Government Efficiency protected sensitive federal data at half a dozen agencies at the beginning of the Trump administration, according to a new report from congressional auditors.Bloomberg Tax News6d agoWhole story →TechnologyGovernmentdoge data access probe
Existential Threats, Economic Benefits of AI Stymie LeadersSpeaker Mike Johnson and President Donald Trump will meet with technology executives about artificial intelligence this week — but not everyone in the industry is on the same page.Bloomberg Tax News8d agoWhole story →TechnologyGovernmentMike Johnsonai regulation meeting
Sen. Kelly Pushes AI Tax Measures to Fund Workforce SupportSen. Mark Kelly (D-Ariz.) introduced a bill Thursday that would place three excise taxes on artificial intelligence to feed a federal trust fund dedicated to retraining a displaced American workforce.Bloomberg Tax News11d agoWhole story →TechnologySecurityMark Kellyai tax bill introduction
Virginia Responds to AI Fears With New Data Center RestrictionsHundreds of data centers in Virginia will now be subject to wide-ranging restrictions that Gov. Abigail Spanberger (D) said would ensure the booming industry can co-exist with worried residents.Bloomberg Tax News17d agoWhole story →TechnologyPlanetAbigail Spanbergervirginia data center regulations
Bipartisan Crypto Bill Gets Markup, Some Don’t Like It: BGOV TaxNews with a congressional focus, including legislation, nominees, and executive actionBloomberg Tax News20d agoWhole story →TechnologyEconomycrypto taxation bill markup
Democrats Reject Senate Crypto Bill Text Over Ethics LanguageSenate Democrats are panning the latest text of a bill meant to regulate cryptocurrency. Democrats weren’t ready to commit Monday regarding a Senate procedural vote, citing concerns over the ethics language as their main deterrent.Bloomberg Tax News21d agoWhole story →TechnologyGovernmentHR 3633senate rejects hr 3633
Illinois Taxes on Ads, Social Media Meet First Legal ChallengesIllinois’s new taxes on social media and targeted advertising are preempted by federal law and violate the US Constitution, tech industry trade association NetChoice told a state trial court in a pair of complaints filed Friday.Bloomberg Tax News24d agoWhole story →CultureTechnologyillinois ad tax lawsuit
New Jersey Ends Tax Break for Data Centers as Backlash BuildsNew Jersey Gov. Mikie Sherrill signed legislation Thursday ending a tax credit program that encouraged the development of new data centers, a sign of the growing criticism of their impact on neighboring communities.Bloomberg Tax News1mo agoWhole story →TechnologyEconomyMikie Sherrillnew jersey data center tax break ended
