Latest from Thompson Coburn LLP

On September 3, 2026, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued proposed regulations (“Proposed Regulations”) that provide that a “private school” is not described as an educational organization exempt from federal income tax under section…

TRADE ALERT – IMPORTSHEADLINE Administration Implements Additional Section 338 Tariffs on CanadaDATESeptember 15, 2026AGENCYDepartment of Commerce; Department of Treasury; Department of Homeland Security; U.S. Trade Representative; Customs and Border Protection; Trump AdministrationEFFECTIVE DATESeptember 15, 2026 at 12:01 a.m. Eastern time; September…