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Revenue Tax Planning

McGuireWoods Consulting

Gov. J.B. Pritzker Proposes Illinois 2026 Fiscal Year Budget

On Feb. 19, 2025, Gov. J.B. Pritzker gave his annual State of the State and budget address. He outlined priorities for the state of Illinois in fiscal year 2026 while highlighting the state’s fiscal successes under his...more

Stikeman Elliott LLP

Understanding Canada’s New Digital Services Tax

Stikeman Elliott LLP on

Canada’s Digital Services Tax Act was enacted on June 20, 2024 and came into effect by Order in Council on June 28, 2024. The new legislation imposes a digital services tax of 3% on digital services revenue exceeding...more

Schwabe, Williamson & Wyatt PC

End of Transition Period for SBA Size Standard Calculation; Five Year Measurement Period ‎Now Required

This is a reminder that as of January 6, 2022, the Small Business Administration is requiring all small businesses to use a five-year period of measurement in determining their size under a revenue-based size standard. On...more

Orrick, Herrington & Sutcliffe LLP

COVID-19: What Texas Local Governments and Borrowers Need to Know About Dealing with Anticipated Tax and Revenue Shortfalls

As a result of the COVID-19 virus and declining oil prices, local governments in Texas are facing sudden, unexpected, unprecedented, dramatic shortfalls or delays in a number of their core revenue streams, in some cases...more

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