International

  • October 27, 2026

    3 Ways UK May Reshape Taxes In Budget

    The U.K.'s Labour government is set to announce its fiscal agenda in its autumn budget Wednesday, and many experts predict higher taxes on banks and a crackdown on tax dodgers. Here, Law360 highlights three areas to watch for tax changes in the budget.

  • October 27, 2026

    Buyer Of Ex-Adgemis Bondi Hotel Ordered To Pay $6M

    The Supreme Court of New South Wales has ordered the company that bought bankrupt publican Jon Adgemis' former Bondi Beach hotel to pay Vantage Point Asset Management Special Opportunities $6 million in damages for breaching a commitment to hand over a GST refund.

  • October 26, 2026

    IRS Won't Defend Anti-Abuse Rule Invalidated By Tax Court

    The IRS will no longer defend a rule designed to prevent companies from receiving tax-free dividends by exploiting a mismatch in effective dates between Tax Cuts and Jobs Act provisions after the U.S. Tax Court decided Congress hadn't granted authority to issue it, the agency said.

  • October 26, 2026

    South Korea May Delay Crypto Tax Again, Report Says

    South Korea's executive branch is looking at delaying plans to tax cryptocurrency for a fourth time, saying the U.S. government's slow-rolling of tax information exchanges has yielded a dearth of data on taxpayers using overseas platforms, the Korea Economic Daily reported.

  • October 26, 2026

    EU Privacy Board Urged To Confirm Limits On Tax Data Swaps

    The European Data Protection Board should confirm that its guidelines limiting large-scale, systematic data transfers will continue applying to automatic exchanges of tax information despite wording that could suggest otherwise in draft European Union legislation, the leader of a group representing "accidental" U.S. citizens said Monday.

  • October 26, 2026

    Bank Surcharge Hike Could Raise £5.8B, Think Tank Says

    The U.K.'s Labour government could raise £5.8 billion ($7.7 billion) by restoring the bank surcharge to 8% in the autumn budget, a think tank said Monday.

  • October 26, 2026

    Sweden Set To Block EU Push To Raise Tobacco Tax Floors

    Sweden is set to oppose a European Union bill that would raise minimum excise rates on tobacco products at a meeting between national finance ministers Nov. 9, an EU official told Law360 on Monday.

  • October 23, 2026

    IRS Fights For Microcaptive Reporting Rules In 5th Circuit

    The Fifth Circuit should restore a vacated regulation that required disclosure of certain microcaptive transactions due to the risk of tax avoidance and uphold another related rule that carried a lower penalty for reporting failures, the government said Friday, arguing against a plastics manufacturer fighting to eliminate both.

  • October 23, 2026

    Virgin Islands NIIT Exemption Should Stay Intact, Court Told

    A former U.S. Virgin Islands resident urged a federal court Friday not to rethink its decision holding that locals are exempt from the net investment income tax, arguing it's too late for the territory's revenue collectors to raise new arguments.

  • October 23, 2026

    Taxation With Representation: Milbank, De Brauw, Wachtell

    In this week's Taxation With Representation, EQT Private Equity announces a takeover offer for life sciences testing company Qiagen NV, Salesforce acquires customer engagement platform Braze and London Stock Exchange Group buys U.S. credit intelligence provider Octus.

  • October 23, 2026

    Dutch Tax Treaty Policy Should Wait For Int'l Deal, NFTC Says

    The Netherlands should not unilaterally change its tax treaty policy to allow countries to collect levies from remote corporations, the National Foreign Trade Council said Friday, urging the government to wait for countries to agree on new international norms.

  • October 23, 2026

    German Court Convicts 2 In €200M VAT Fraud Scheme

    Two individuals have been convicted in Germany for acting as members of a criminal organization to carry out a €200 million ($224 million) value-added tax fraud involving electronics, the European Public Prosecutor's Office said Friday.

  • October 23, 2026

    EU Advances Biz Regime With Stock Option Tax Perk

    European Union countries officially backed and suggested tweaks Friday to a proposal meant to boost entrepreneurship in the bloc, with their draft retaining an employee stock option tax provision that the EU executive asserted does not require unanimous support in the Council of the EU.

  • October 23, 2026

    Ex-Solicitor Fails To Tie £432K Tax Bill To Managers

    A retired solicitor who invested in a redevelopment scheme in Birmingham, England, lost his bid to recover more than £432,000 ($578,000) when a London court ruled he didn't show the scheme's managers were negligent by failing to preserve tax relief in the deal.

  • October 22, 2026

    Dems Seek GAO Review Of $166B Tariff Refund Operation

    Democratic lawmakers serving in the U.S. House and Senate asked for the Government Accountability Office to evaluate Customs and Border Protection's administration of a tariff refund system designed to repay importers the $166 billion in paid duties deemed unlawful earlier this year by the U.S. Supreme Court, according to a Thursday news release.

  • October 22, 2026

    5th Circ. Orders New Look At IRS' Loss On FBAR Jury Rights

    A Texas federal court must revisit its 2025 ruling that the IRS violated a woman's jury-trial rights by imposing a $1 million civil penalty for failing to report foreign bank accounts, the Fifth Circuit said, ordering another review in light of a U.S. Supreme Court decision.

  • October 22, 2026

    UPS Waiting On Feds To Refund Tariff Costs, Court Told

    An Atlanta federal court should, at minimum, pause a proposed class action looking to force UPS to reimburse customers for costs they incurred as the result of struck-down reciprocal tariffs, the shipping giant said, as the company itself is still waiting on refunds.

  • October 22, 2026

    Foreign Tax Credit Sourcing Rule Likely By Year's End

    The IRS hopes to propose regulations on sourcing certain inventory sales income for the foreign tax credit limitation under Internal Revenue Code Section 904 — one of the items listed on its priority guidance plan for 2026-2027 — by the end of the year, an agency official said.

  • October 22, 2026

    OECD Says Agencies Should Help Monitor Tax Expenditures

    Government departments responsible for policy goals linked to tax expenditures should share in the responsibilities of managing such measures, the OECD said Thursday.

  • October 22, 2026

    Treasury Aiming to Float CAMT Rules by Feb., Official Says

    The U.S. Treasury Department is still on track to propose revised regulations for the corporate alternative minimum tax by February, a department official said Thursday.

  • October 22, 2026

    EU Windfall Tax On Energy Profits Legal, ECJ Adviser Says

    A European Union windfall tax introduced in response to the energy crisis following the invasion of Ukraine is consistent with union law, an adviser to the EU's top court said Thursday, finding the measure urgent, temporary and proportionate.

  • October 22, 2026

    UK Banks Face 46% Tax Rate, Outpacing Global Finance Hubs

    The U.K. financial industry pays £47.8 billion ($63.9 billion) in taxes, with London banks facing a 46% tax rate, higher than financial hubs such as New York and Frankfurt, Germany, according to an industry group report.

  • October 21, 2026

    IRS Says Eaton Misportrayed Intercompany Loan Example

    Eaton misportrayed the IRS' argument about a regulatory example concerning the relevance of companies' relatedness when analyzing an arm's-length price of a transaction, the agency told the U.S. Tax Court, defending its denial of related-party interest and fee deductions.

  • October 21, 2026

    Wyden Questions Big 4 Execs On Int'l Tax Shelter Consulting

    The Senate Finance Committee's top Democrat said Wednesday that he was launching an inquiry into whether the Big Four accounting firms — PwC, KPMG, Deloitte and EY — have helped large multinational corporations avoid billions in taxes by creating tax shelters in Malta.

  • October 21, 2026

    UK Financial Tax Hike Would Risk Growth, Group Warns

    The Labour government risks economic growth by putting higher taxes on banks on the agenda ahead of the autumn budget, the Confederation of British Industry warned Wednesday.

Expert Analysis

  • Law School's Missed Lesson: Diagnose Before Arguing

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    Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.

  • Judges On AI: How Courts Can Survive The Tech Revolution

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    Colorado Supreme Court Justice Maria Berkenkotter and Colorado Court of Appeals Judge Lino Lipinsky de Orlov discuss how artificial intelligence has already fundamentally altered the legal system and offer tips for courts navigating deepfakes, hallucinations and a gap in access to AI tools.

  • 3 AI Adoption Mistakes GCs Should Avoid

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    The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.

  • 4 Emerging Approaches To AI Protective Order Language

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    Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.

  • Heppner Ruling Left AI Privilege Risk For Lawyers Unresolved

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    While a New York federal judge’s recent ruling in U.S. v. Heppner resolved a privilege question surrounding client-side artificial intelligence use, it did not address how to mitigate the risks that can arise when confidential information enters the operative context of an AI system used by an attorney, says Jianfei Chen at Quarles & Brady​​​​​​​.

  • Speed Jigsaw Puzzling Makes Me A Better Lawyer

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    My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.

  • Documenting Business Purpose After IRS' 10th Circ. Win

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    Following the Tenth Circuit’s recent Liberty Global v. U.S. decision, which held the economic substance doctrine does not require a threshold relevancy determination, taxpayers can prepare for potential audits by maintaining contemporaneous documentation and taking other steps that demonstrate the business purpose of transactions, say attorneys at Crowell & Moring.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • Improving Well-Being In Law, 10 Years After Landmark Study

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    An important 2016 study revealed significant substance abuse and mental health issues among lawyers, and while the findings helped normalize the conversation around these topics, a decade later, structural change is still needed, says Denise Robinson at PLI.

  • Hungary CPAC Funding Probe Could Implicate US Entities

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    A Hungarian anti-corruption investigation into claims that the former prime minister used taxpayer funds to support the Conservative Political Action Conference could include potential cross-border political and financial dimensions that create multiple touchpoints for U.S. regulatory and enforcement interest, say attorneys at Ballard Spahr.

  • Mitigating Multistate Risks As California Expands Tax Reach

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    Though California's new sourcing rules and extension of the pass-through entity election have created uncertainty, practitioners should file protective returns to respect the law's ambiguity and take certain other steps to protect clients from the costs of losing a future audit, says attorney Delina Yasmeh.

  • E-Discovery Quarterly: Recent Rulings On ESI Control

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    Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.

  • 2 Discovery Rulings Break With Heppner On AI Privilege Issue

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    While a New York federal court’s recent ruling in U.S. v. Heppner suggests that some litigants’ communications with AI tools are discoverable, two other recent federal court decisions demonstrate that such interactions generally qualify for work-product protection under the Federal Rules of Civil Procedure, says Joshua Dunn at Brown Rudnick.

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