International

  • February 11, 2025

    Ill. Bill Would Trim Corp. Carryover Limit's Time Frame

    Illinois would shorten the time frame of a limit on carryover deductions for corporations under the state's income tax law and prohibit the imposition of franchise taxes on domestic or foreign corporations as part of a bill introduced in the state Senate.

  • February 11, 2025

    FBAR Default Vacated To Give Widow Another Chance

    A New York federal court agreed with a magistrate's recommendation to vacate a default judgment against a widow, giving her another chance to defend her husband's estate against the government's $275,000 claim that he failed to report his Indian bank account.

  • February 11, 2025

    UK Looking For Int'l Feedback On Carbon Tax Measure

    The U.K. is establishing an international group in order to get feedback on its upcoming carbon border tax with the hopes of helping the countries that will be most impacted by the measure to better understand it, HM Treasury said Tuesday.

  • February 11, 2025

    EU Leaders Poised For 'Proportionate' Response To US Tariffs

    European Union officials criticized President Donald Trump's decision to impose an across-the-board 25% tariff on all imported steel and aluminum, with European Commission President Ursula von der Leyen on Tuesday signaling "firm and proportionate countermeasures."

  • February 11, 2025

    Commerce Powers Key In Battle Over Corp. Transparency Law

    The question of whether Congress exceeded its powers to regulate commerce by enacting the Corporate Transparency Act is likely to feature in a potential U.S. Supreme Court resolution to around a dozen challenges to the law that are percolating through the courts.

  • February 11, 2025

    Tribunal To Consider If FCA Has Equality Duty In Cum-Ex Row

    The U.K.'s Upper Tribunal will hold a preliminary hearing to decide whether the Financial Conduct Authority has a duty to not discriminate when it fined and banned a cum-ex trader from the industry, according to a tribunal decision published Tuesday.

  • February 11, 2025

    Canadian Tax-Free Rebate Promise Broken, Group Says

    Despite public assertions that the CA$2.5 billion ($1.75 billion) in small business carbon tax rebate payments would be tax-free, a Canadian business group said it has received word from the Canada Revenue Agency that it will be subject to income tax.

  • February 10, 2025

    Pension Execs Found Liable In $2B Danish Tax Fraud Case

    A New York federal jury found Monday by "clear and convincing evidence" that Denmark's tax agency reasonably relied on the false statements made on pension plan applications that were part of a $2.1 billion tax fraud scheme by pension plan executives.

  • February 10, 2025

    UAE Lays Out Exclusions, Transition Period For Minimum Tax

    The United Arab Emirates' Ministry of Finance further explained how it is implementing the Organization for Economic Cooperation and Development's 15% global corporate minimum tax, detailing a number of exclusions and a planned transitional period.

  • February 10, 2025

    Australian Senate OKs Green Energy Production Tax Credits

    The Australian Senate passed tax incentives Monday for hydrogen and critical mineral production as part of an effort to invest in renewable energy technology and reduce carbon emissions.

  • February 10, 2025

    S. Korea Tax Revenue Dips Due To Weak Corp. Earnings

    South Korea collected 336.5 trillion won ($232 billion) in 2024, a 7.5 trillion won dip compared with 2023, the country's revenue agency said Monday, pinning the blame on a year-over-year decline in corporate performance.

  • February 10, 2025

    UK Tax Compliance Costs Cos. £15.4B Annually, Report Says

    The increasingly complex U.K. tax code has led to businesses paying at least £15.4 billion ($19 billion) annually to comply with the system, and that figure is likely an understatement, a British public spending watchdog said Monday.

  • February 10, 2025

    Skadden Adds Designer Of Tax Cut Act's Int'l Provisions In DC

    Skadden Arps Slate Meagher & Flom LLP announced Monday it has hired a tax attorney who helped create some international provisions in the Tax Cuts and Jobs Act of 2017, and who joins the firm as House Republicans signal they'll vote to renew some measures of that bill that are set to expire.

  • February 10, 2025

    Proskauer Hires Tax Pro In Paris From Addleshaw Goddard

    Proskauer Rose LLP added a tax professional in Paris from Addleshaw Goddard LLP who advises private equity funds and multinational groups on mergers and acquisitions.

  • February 10, 2025

    Pillsbury Recruits Former Mayer Brown Tax Pro In NY

    Pillsbury Winthrop Shaw Pittman LLP said it has recruited a former Mayer Brown LLP tax expert to serve as a partner in Pillsbury's New York office.

  • February 10, 2025

    Financier Bids To Resurrect HMRC Bungled Prosecution Claim

    A corporate financier sought permission Monday to challenge a decision to dismiss his claim against HM Revenue and Customs and the Crown Prosecution Service for wrongly prosecuting him, arguing that the judge had failed to properly consider the evidence.

  • February 10, 2025

    Film Executives Ran £13M VAT Fraud, Prosecutors Tell Jury

    Four former managers at a film production company best known for "Avatar" cheated taxpayers out of £13 million ($16.14 million) through a "convoluted" VAT scheme run out of the back garden of a modest home in London, prosecutors told a jury on Monday.

  • February 07, 2025

    Feds Defend Corporate Transparency Act In 5th And 4th Circuits

    The U.S. government defended the Corporate Transparency Act in the Fifth and Fourth Circuits on Friday, urging the former to reverse a Texas federal judge's nationwide injunction on the law and the latter to affirm a Virginia federal judge's rejection of a bid to block the law's enforcement.

  • February 07, 2025

    Tax Take Is Up But Lagging In Developing Nations, OECD Says

    Average tax revenue as a percentage of gross domestic product in developing countries rose to 17.1% from 16.5% between 2015 and 2022 despite the challenges of the COVID-19 pandemic, the Organization for Economic Cooperation and Development said Friday, though difficulties still remain for building up those countries' coffers.

  • February 07, 2025

    Taxation With Representation: Kirkland, Latham, Skadden

    In this week's Taxation With Representation, Triumph Group goes private via Berkshire Partners and Warburg Pincus affiliates, alternative asset manager TPG buys Altus Power, Globus Medical buys Nevro Corp., and Honeywell separates its automation and aerospace technology businesses, resulting in the formation of three distinct companies.

  • February 07, 2025

    Former Top Congressional Investigator Leaves Lasting Legacy

    Elise J. Bean, former chief counsel for the U.S. Senate Permanent Subcommittee on Investigations, is remembered for leading landmark bipartisan congressional probes, which exposed massive tax and financial scandals with findings that helped pave the way for game-changing legislation.

  • February 07, 2025

    German Car Dealer Arrested In €5.8M VAT Fraud Scheme

    A German car dealer was arrested Friday in connection with what the European Public Prosecutor's Office called a value-added tax fraud scheme that generated more than €30 million ($31 million) in illicit funds, causing €5.8 million in tax losses.

  • February 06, 2025

    Baker McKenzie Partner Rejoins Firm From Apple

    Baker McKenzie announced that a former partner specializing in trade and customs law has rejoined the firm after serving as principal counsel and the lead adviser on global trade matters for Apple.

  • February 06, 2025

    US To Appeal Block On Corporate Transparency Act

    The federal government plans to challenge an order preventing it from enforcing the Corporate Transparency Act's reporting requirements for businesses, following the U.S. Supreme Court's pause of another nationwide block on the law in a separate case, according to a notice filed in a Texas federal court.

  • February 06, 2025

    EU Can't Let US Global Tax Rebuff Harm Its Cos., Official Says

    The European Union cannot allow the legal uncertainty surrounding President Donald Trump's rejection of a global tax deal to harm its companies, a European Commission official said Thursday, adding that the U.S. and EU will discuss the matter in April.

Expert Analysis

  • AI Can Help Lawyers Overcome The Programming Barrier

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    Legal professionals without programming expertise can use generative artificial intelligence to harness the power of automation and other technology solutions to streamline their work, without the steep learning curve traditionally associated with coding, says George Zalepa at Greenberg Traurig.

  • Preparing Law Students For A New, AI-Assisted Legal World

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    As artificial intelligence rapidly transforms the legal landscape, law schools must integrate technology and curricula that address AI’s innate challenges — from ethics to data security — to help students stay ahead of the curve, say Daniel Garrie at Law & Forensics, Ryan Abbott at JAMS and Karen Silverman at Cantellus Group.

  • General Counsel Need Data Literacy To Keep Up With AI

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    With the rise of accessible and powerful generative artificial intelligence solutions, it is imperative for general counsel to understand the use and application of data for myriad important activities, from evaluating the e-discovery process to monitoring compliance analytics and more, says Colin Levy at Malbek.

  • Navigating Discovery Of Generative AI Information

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    As generative artificial intelligence tools become increasingly ubiquitous, companies must make sure to preserve generative AI data when there is reasonable expectation of litigation, and to include transcripts in litigation hold notices, as they may be relevant to discovery requests, say Nick Peterson and Corey Hauser at Wiley.

  • Finding Focus: Strategies For Attorneys With ADHD

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    Given the prevalence of ADHD among attorneys, it is imperative that the legal community gain a better understanding of how ADHD affects well-being, and that resources and strategies exist for attorneys with this disability to manage their symptoms and achieve success, say Casey Dixon at Dixon Life Coaching and Krista Larson at Stinson.

  • Attorneys, Law Schools Must Adapt To New Era Of Evidence

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    Technological advancements mean more direct evidence is being created than ever before, and attorneys as well as law schools must modify their methods to account for new challenges in how this evidence is collected and used to try cases, says Reuben Guttman at Guttman Buschner.

  • 1st Tax Easement Convictions Will Likely Embolden DOJ, IRS

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    After recent convictions in the first criminal tax fraud trial over allegedly abusive syndicated conservation easements, the IRS and U.S. Department of Justice will likely pursue other promoters for similar alleged conspiracies — though one acquittal may help attorneys better evaluate their clients' exposure, say Bill Curtis and Lauren DeSantis-Then at Polsinelli.

  • Tips For Litigating Against Pro Se Parties In Complex Disputes

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    Litigating against self-represented parties in complex cases can pose unique challenges for attorneys, but for the most part, it requires the same skills that are useful in other cases — from documenting everything to understanding one’s ethical duties, says Bryan Ketroser at Alto Litigation.

  • Anticipating Intensified Partnership Enforcement From IRS

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    The Internal Revenue Service's decadeslong difficulties with partnership audits led to the recent announcement of a clear, well-funded, focused initiative, and businesses operating in the partnership form will feel the impact, with definite changes ahead, says Sharon Katz-Pearlman at Greenberg Traurig.

  • Pro Bono Work Is Powerful Self-Help For Attorneys

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    Oct. 22-28 is Pro Bono Week, serving as a useful reminder that offering free legal help to the public can help attorneys expand their legal toolbox, forge community relationships and create human connections, despite the challenges of this kind of work, says Orlando Lopez at Culhane Meadows.

  • The Pop Culture Docket: Judge Espinosa On 'Lincoln Lawyer'

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    The murder trials in Netflix’s “The Lincoln Lawyer” illustrate the stark contrast between the ethical high ground that fosters and maintains the criminal justice system's integrity, and the ethical abyss that can undermine it, with an important reminder for all legal practitioners, say Judge Adam Espinosa and Andrew Howard at the Colorado 2nd Judicial District Court.

  • How And Why Your Firm Should Implement Fixed-Fee Billing

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    Amid rising burnout in the legal industry and client efforts to curtail spending, pivoting to a fixed-fee billing model may improve client-attorney relationships and offer lawyers financial, logistical and stress relief — while still maintaining profit margins, say Kevin Henderson and Eric Pacifici at SMB Law Group.

  • How Law Firms Can Use Account-Based Marketing Strategies

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    Amid several evolving legal industry trends, account-based marketing can help law firms uncover additional revenue-generating opportunities with existing clients, with key considerations ranging from data analytics to relationship building, say Jennifer Ramsey at stage LLC and consultant Gina Sponzilli.

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