International
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September 18, 2025
Halliburton Can Contest Rule On Settlement Tax Deductions
Halliburton can continue challenging the legality of a U.S. Treasury Department regulation that denies tax deductions for settlement agreements, a Texas federal judge ruled, refusing to toss the company's claims connected to the deductibility of a $35 million payment to Nigeria's government.
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September 18, 2025
Australia Sees Dip In Advance Pricing Agreements
The Australian Taxation Office completed slightly fewer advance pricing agreements for multinational companies this past financial year than in the year before, it said Thursday, citing an increased focus on transactions that create the highest risk of double taxation.
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September 18, 2025
Over 75% Of OECD Tax Authorities Using AI, Report Says
More than 75% of tax authorities in OECD countries were using artificial intelligence as of last year, primarily to detect tax evasion and fraud, but also to help categorize cases and distribute tasks, the organization said in a report published Thursday.
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September 18, 2025
EU Agrees To Carbon Tax Concession For India
The European Commission agreed to grant a carbon tax deduction to Indian businesses as part of ongoing trade talks with the Modi government, according to a joint statement.
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September 18, 2025
Sri Lanka Commits To OECD Tax Transparency Standards
Sri Lanka became the 173rd member of a multilateral framework designed to help countries share financial and tax information, the Organization for Economic Cooperation and Development said Thursday.
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September 18, 2025
HMRC Names 5 Accountancy Firms With Tax Avoidance Links
HM Revenue & Customs on Thursday revealed five accountancy firms that took fees for connecting their clients to a tax avoidance scheme.
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September 18, 2025
IRS Leaked Private Info To News Outlets, Agency Official Says
An IRS official serving as head of the agency's Large Business and International Division who was placed on leave accused the agency of unlawfully leaking information on her employment status to news outlets including Fox News and Bloomberg, according to a complaint filed Thursday in D.C. federal court.
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September 17, 2025
Tribal Members Tell 9th Circ. Tariff Suit Belongs In Fed. Court
Counsel for members of the Blackfeet Nation tribe told the Ninth Circuit on Wednesday their suit challenging President Donald Trump's emergency tariffs should stay in federal district courts, where constitutional and congressional claims over tribal commerce must be heard.
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September 17, 2025
IRS-ICE Pact Allows For Mass Tax Data Swaps, DC Circ. Told
An information sharing agreement between the IRS and immigration enforcement agencies allows for disclosure of confidential tax information on a mass scale, as evidenced by an IRS official's declaration in a taxpayer group's suit, immigration advocacy groups challenging the agreement told the D.C. Circuit on Wednesday.
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September 17, 2025
Spencer Fane Adds Corporate, RE Attys In The Midwest
Spencer Fane LLP announced the addition of two new attorneys in the Midwest this week — a partner joining its corporate and business transactions group and a counsel joining its real estate group.
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September 17, 2025
Lawmakers Ask Trump To Push UK To Ax Digital Services Tax
Twenty-two Republican House lawmakers asked President Donald Trump to secure a commitment from the U.K. to remove its digital services tax while he's visiting the country and to reopen a trade investigation into the tax if the British government doesn't oblige.
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September 17, 2025
HMRC Tightens Tax Rules For Umbrella Companies
Recruiters and their clients in the U.K. will be jointly liable for tax avoidance by businesses using umbrella companies to pay temporary workers, Britain's tax authority said in guidance issued Wednesday.
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September 17, 2025
Think Tank Calls For SUV Tax In UK Autumn Budget
The British Labour government should impose a special tax on SUVs in the upcoming budget to raise almost £1.7 billion ($2.3 billion) a year and cut carbon emissions, according to a think tank.
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September 16, 2025
Biz Groups Urge US Action On Australia's Public Tax Reports
U.S. business groups urged Treasury Secretary Scott Bessent to pressure Australia over its public country-by-country reporting law, which they said infringes on U.S. companies by forcing multinational corporations to publicly disclose revenues, profits and taxes paid in many low-tax jurisdictions.
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September 16, 2025
US Import Prices Rose 0.3% In August, BLS Says
Prices that U.S. importers paid for goods rose about 0.3% month over month in August, the largest monthly increase in a year, while prices paid for goods from China jumped 0.6%, the U.S. Bureau of Labor Statistics said in a report Tuesday.
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September 16, 2025
Loeb & Loeb Opens DC-Area Office With Ex-Reed Smith Attys
Loeb & Loeb LLP announced Tuesday the opening of a new office in Virginia, along with the arrival of an eight-person private client and tax controversy staff formerly of Reed Smith LLP.
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September 16, 2025
House Panel To Weigh Greater Subpoena Power For Tax Court
House lawmakers are scheduled to consider a bill Wednesday that would grant the U.S. Tax Court the power to issue subpoenas without connection to a scheduled hearing and would apply mandatory recusal rules to its judges, the Joint Committee on Taxation reported Tuesday.
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September 16, 2025
Cadwalader Hires Trans-Atlantic Katten Private Wealth Partner
An international private wealth partner from Katten Muchin Rosenman LLP has jumped to Cadwalader Wickersham & Taft LLP as a partner in the firm's London and New York offices, Cadwalader announced Tuesday.
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September 16, 2025
Dutch Gov't Issues Tax Changes Before October Election
The Dutch government proposed cuts to the tax-free allowance for investments, hikes to income tax thresholds and a reversal on value-added tax under its 2026 budget issued Tuesday, ahead of the October general election.
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September 16, 2025
IRS Adds 39 Items To Taxable Chemical Substances
The Internal Revenue Service added 39 chemical substances to its list of those subject to Superfund excise taxes assessed to importers, the agency said Tuesday.
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September 15, 2025
Finland Aims To Have Tax Info Exchanges For Min. Tax, Crypto
Finland is looking to implement the European Union's legislation on exchanging information between tax authorities for the 15% global minimum tax as well as separate EU rules requiring cryptocurrency exchanges to report information on taxpayers, the government said Monday.
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September 15, 2025
Australia Proposes Tax Credit For Battery-Related Minerals
The Australian Treasury is seeking to extend a 10% tax credit to operations for processing three minerals used in production of lithium-ion batteries, among other products, according to a consultation launched Monday.
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September 15, 2025
US, China Agree On TikTok Ownership Transfer, Bessent Says
The U.S. and China established a commercial framework for a deal with video sharing giant TikTok to transfer ownership of the app to the U.S., just days before a deadline to sell the app or shut it down, U.S. Treasury Secretary Scott Bessent told reporters at a press conference in Madrid on Monday.
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September 15, 2025
McKesson Too Late To Fight IRS Cost-Share Rules, Gov't Says
Pharmaceutical giant McKesson waited too long to challenge transfer pricing regulations that cover cost-sharing arrangements as part of its $10 million tax refund bid, the U.S. government told a Texas federal court, arguing the statutory window to seek invalidation has closed.
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September 15, 2025
S. Korea Ditches Plan To Widen Gains Tax On Stock Transfers
South Korea's government is abandoning plans to lower a threshold for its capital gains tax on stock transfers, which would have made more shareholders liable, after receiving negative feedback from markets, the country's finance ministry said Monday.
Expert Analysis
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5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
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Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.
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Tax Directive Marks Milestone In Harmonizing EU System
The Council of the European Union’s recently adopted tax directive is a significant step toward streamlining and modernizing procedures for member states, and will greatly reduce administrative burden and compliance costs for cross-border investors, says Martin Phelan at Simmons & Simmons.
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5 Litigation Funding Trends To Note In 2025
Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.
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Rethinking Litigation Risk And What It Really Means To Win
Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.
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Small Biz Caught In Corporate Transparency Act Crossfire
Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.
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No, Litigation Funders Are Not 'Fleeing' The District Of Del.
A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.
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5 E-Discovery Predictions For 2025 And Beyond
In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.
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What's Ahead As Transparency Act Comes To A Crossroads
Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.
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7 Ways 2nd Trump Administration May Affect Partner Hiring
President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.
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E-Discovery Quarterly: Rulings On Custodian Selection
Several recent rulings make clear that the proportionality of additional proposed custodians will depend on whether the custodians have unique relevant documents, and producing parties should consider whether information already in the record will show that they have relevant documents that otherwise might not be produced, say attorneys at Sidley.
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Exploring Venue Strategy For Trump-Era Regulatory Litigation
Litigation will likely play a prominent role in shaping policy outcomes during the second Trump administration, and stakeholders have several tools at their disposal to steer regulatory litigation toward more favorable venues, say attorneys at Covington.
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An Associate's Guide To Career Development In 2025
As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.