Top Federal Tax Cases Of 2024: Midyear Report

Summary

Law360 (July 2, 2024, 11:41 AM EDT) -- In the first half of the year, the U.S. Supreme Court torpedoed the Chevron doctrine of judicial deference to federal agencies and affirmed the denial of a tax refund to a business owner's estate related to a life insurance payout, while the U.S. Tax Court reversed itself regarding a requirement for conservation easements.