International

  • May 19, 2025

    Taxpayer Data Increasingly At Risk From DOGE, Court Told

    A group of unions and advocacy organizations trying to block the White House's Department of Government Efficiency from accessing confidential taxpayer data told a D.C. federal court they fear the data is already being shared with federal agencies beyond the IRS.

  • May 19, 2025

    Sweden May Cut Corporate Tax Rate In Response To Tariffs

    Sweden's government on Monday proposed to lower its corporate tax rate by 0.6 of a percentage point, to 20%, in response to uncertainty caused by higher tariffs, part of a broader package of tax proposals issued ahead of the country's 2026 autumn budget.

  • May 19, 2025

    Takeout Owner Gets Suspended Sentence For VAT Tax Dodge

    The former owner of a Chinese takeout restaurant in the U.K. received a one-year prison sentence, which was suspended, for fraudulently disposing property after filing for bankruptcy instead of paying his bill of over £43,000 ($57,000) in value-added tax, the U.K.'s Insolvency Service announced Monday.

  • May 19, 2025

    US Budget Would Hike Taxes On Foreign Firms, Individuals

    Foreign firms and individuals from countries with "unfair" fiscal policies such as digital services taxes, diverted profits taxes and the global minimum tax's backstop would pay higher U.S. taxes under the spending bill approved by the House Budget Committee.

  • May 19, 2025

    CFTC Should Pay $3M Atty Fees After Sanctions, Firm Says

    A foreign exchange firm that won dismissal of a U.S. Commodity Futures Exchange Commission case after a New Jersey federal judge sanctioned the agency for bad faith behavior now says the CFTC should have to pay nearly $3 million for failing to own up to its mistake sooner.

  • May 19, 2025

    Australia Seeks Ideas On Possible Corp. Tax Improvements

    Australia is looking for ideas on how to improve its corporate tax regime in hope of reversing a dip in investments into factories, machines and equipment through changes that could encourage foreign investment, an agency said Monday.

  • May 19, 2025

    HMRC Lays Out Tax Implications For Private Co. Stock Market

    Britain's Labour government is set to legislate tax rules for private companies to use a new stock market mechanism as part of its next finance bill, according to a policy update from HM Revenue & Customs.

  • May 16, 2025

    Harmonized EU Soda Tax Could Be Beneficial, But Difficult

    European Union-wide taxes on unhealthy products, in particular sugary drinks, could help both promote public health and generate revenue, but the bloc would need to consider a number of complicating factors, said a study released Friday.

  • May 16, 2025

    South Africa Rolls Out Online Foreign Royalty Tax Reporting

    Those needing to submit withholding tax forms for royalties paid to or for the benefit of a foreign person from a source within South Africa can now do so online, the country's revenue agency said.

  • May 16, 2025

    Congress Hitting Back After Int'l Tax Talks, US Official Says

    The House Ways and Means Committee's tax bill includes retaliatory measures against certain foreign taxes because lawmakers were dissatisfied with international administrative guidance they thought undermined their tax sovereignty, a U.S. Treasury Department official said Friday.

  • May 16, 2025

    Key House Panel Advances Budget With $3.8T Tax Overhaul

    The House Budget Committee voted late Sunday to approve the chamber's budget reconciliation package, including a $3.8 trillion tax bill that would renew and make permanent large parts of the GOP's 2017 tax overhaul law.

  • May 16, 2025

    The Tax Angle: Year-End Extenders, IRS Direct File

    From a look at the possibility of Congress passing a year-end budget and tax extenders bill to efforts to keep the IRS Direct File program afloat, here's a peek into a reporter's notebook on a few of the week's developing tax stories.

  • May 16, 2025

    Refocus Global Tax Policy On Bilateral Treaties, Attys Say

    Global tax policymakers at the OECD and United Nations should return to their original focus of advancing bilateral tax treaties among the countries they cater toward, attorneys said Friday.

  • May 16, 2025

    Work Agency Loses VAT Deregistration Appeal Over Tax Fraud

    An agency worker supply company has lost its latest bid to challenge a decision by the U.K. tax authority to cancel its VAT registration over its alleged links to a tax fraud scheme, as a London appeals court refused its bid on Friday.

  • May 16, 2025

    China Floats Developing Tax Breaks To Promote Tourism

    China is hoping to develop a departure tax refund and expand the coverage of tax-refund shops in a bid to expand tourism and tourist spending as a way to "cope with external shocks," its Ministry of Commerce said Friday.

  • May 16, 2025

    Tax Dodging By Wealthy Larger Than Thought, UK Body Says

    The scale of tax avoidance and evasion by the wealthy could be much greater than the U.K. tax authority previously thought, according to a report by the National Audit Office published Friday.

  • May 16, 2025

    Taxation With Representation: Blakes, Davies, Goodmans

    In this week's Taxation With Representation, Charter Communications Inc. merges with Cox Communications, Hub International Ltd. boosts its valuation after securing an investment, Pan American Silver Corp. acquires Mag Silver Corp. and Robinhood buys WonderFi.

  • May 16, 2025

    Carbon Taxes Cut Emissions Best In Many Areas, OECD Says

    Carbon taxes reduced greenhouse gas emissions from the energy sector, transportation, buildings and agriculture on average more effectively than most other climate policies in a large batch of studies reviewed by the Organization for Economic Cooperation and Development, the group said.

  • May 15, 2025

    UK To Codify Extensions For Cos. That End VAT Registration

    HM Revenue & Customs will have a regulatory basis to grant businesses canceling their value-added tax registration extensions for submitting their final tax return documents under a new measure, codifying a practice it routinely carries out now through administrative concession.

  • May 15, 2025

    IRS Reopens Comment Period For Offshore Profit Regs

    The Internal Revenue Service on Thursday reopened the comment period for proposed rules that would require U.S. multinational companies to create annual shareholder accounts and adhere to new pooling concepts to properly account for previously taxed earnings and profits.

  • May 15, 2025

    House Tax Bill's Foreign Rules May Finish Off Energy Perks

    House Republicans' mammoth tax bill proposes phasing out two popular clean electricity business tax credits, but additional restrictions on eligible development projects' foreign business ties could have the same effect as immediately repealing them.

  • May 15, 2025

    Pillar Two Costs May Outweigh Revenue, Tax Exec Says

    The administrative requirements for complying with an international minimum tax agreement known as Pillar Two could end up costing companies more than any taxes they pay under the global regime, a Microsoft tax executive said Thursday.

  • May 15, 2025

    House Plans Vote On Budget Bill With Tax Package Next Week

    Republican leaders in the House plan to hold a vote next week on the chamber's budget bill that includes the GOP's $3.8 trillion tax package, with the aim of sending the legislation to the Senate before Memorial Day, Ways and Means Committee Chairman Jason Smith said Thursday. 

  • May 15, 2025

    HMRC Fights To Keep £261M In Overseas Dividends Tax Battle

    The British High Court was wrong to find BAT Industries PLC could have discovered that its tax payments on foreign dividends were made by mistake, HM Revenue & Customs told an appeals court Thursday, urging it to overturn the ruling.

  • May 15, 2025

    Texan Says IRS' $1M FBAR Penalty Unconstitutional

    A Texan urged a federal court to dismiss the U.S. government's suit seeking to collect $1 million in penalties for unreported offshore bank accounts, arguing that the IRS' penalty assessment violated her constitutional right to a jury trial.

Expert Analysis

  • What The Law Firm Of The Future Will Look Like

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    As the legal landscape shifts, it’s become increasingly clear that the BigLaw business model must adapt in four key ways to remain viable, from fostering workplace flexibility to embracing technology, say Kevin Henderson and Eric Pacifici at SMB Law Group.

  • 4 PR Pointers When Your Case Is In The News

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    Media coverage of new lawsuits exploded last year, demonstrating why defense attorneys should devise a public relations plan that complements their legal strategy, incorporating several objectives to balance ethical obligations and advocacy, say Nathan Burchfiel at Pinkston and Ryan June at Castañeda + Heidelman.

  • Unpacking The Proposed Production Tax Credit Regulations

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    Recently proposed tax regulations for claiming the U.S. clean-energy manufacturers' production credit under Internal Revenue Code Section 45X are less stringent than many had feared but fail to define a fundamental eligibility requirement, say Casey August and Jared Sanders at Morgan Lewis.

  • 10 Considerations For Litigating A New York Tax Case

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    While some of New York’s recently adopted corporate tax regulations are likely to face legal challenges, aggrieved taxpayers should answer certain questions before deciding to embark on the tax litigation process, say Cyavash Ahmadi and Jeffrey Friedman at Eversheds Sutherland.

  • Law Firm Strategies For Successfully Navigating 2024 Trends

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    Though law firms face the dual challenge of external and internal pressures as they enter 2024, firms willing to pivot will be able to stand out by adapting to stakeholder needs and reimagining their infrastructure, says Shireen Hilal at Maior Consultants.

  • Attorneys' Busiest Times Can Be Business Opportunities

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    Attorneys who resolve to grow their revenue and client base in 2024 should be careful not to abandon their goals when they get too busy with client work, because these periods of zero bandwidth can actually be a catalyst for future growth, says Amy Drysdale at Alchemy Consulting.

  • How Attorneys Can Be More Efficient This Holiday Season

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    Attorneys should consider a few key tips to speed up their work during the holidays so they can join the festivities — from streamlining the document review process to creating similar folder structures, says Bennett Rawicki at Hilgers Graben.

  • How Clients May Use AI To Monitor Attorneys

    Excerpt from Practical Guidance
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    Artificial intelligence tools will increasingly enable clients to monitor and evaluate their counsel’s activities, so attorneys must clearly define the terms of engagement and likewise take advantage of the efficiencies offered by AI, says Ronald Levine at Herrick Feinstein.

  • The Pop Culture Docket: Judge D'Emic On Moby Grape

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    The 1968 Moby Grape song "Murder in My Heart for the Judge" tells the tale of a fictional defendant treated with scorn by the judge, illustrating how much the legal system has evolved in the past 50 years, largely due to problem-solving courts and the principles of procedural justice, says Kings County Supreme Court Administrative Judge Matthew D'Emic.

  • Breaking Down High Court's New Code Of Conduct

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    The U.S. Supreme Court recently adopted its first-ever code of conduct, and counsel will need to work closely with clients in navigating its provisions, from gift-giving to recusal bids, say Phillip Gordon and Mateo Forero at Holtzman Vogel.

  • Legal Profession Gender Parity Requires Equal Parental Leave

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    To truly foster equity in the legal profession and to promote attorney retention, workplaces need to better support all parents, regardless of gender — starting by offering equal and robust parental leave to both birthing and non-birthing parents, says Ali Spindler at Irwin Fritchie.

  • A Year-End Look At Florida's Capital Investment Tax Credit

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    Notwithstanding the Walt Disney Co.’s feud with Gov. Ron DeSantis this year, Florida's capital investment tax credit will continue to make the state a favored destination for large corporations, particularly in light of the new federal alternative minimum tax and the Pillar Two top-up tax, says Alan Lederman at Gunster.

  • Understanding Discovery Obligations In Era Of Generative AI

    Excerpt from Practical Guidance
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    Attorneys and businesses must adapt to the unique discovery challenges presented by generative artificial intelligence, such as chatbot content and prompts, while upholding the principles of fairness, transparency and compliance with legal obligations in federal civil litigation, say attorneys at King & Spalding.

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