International
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July 08, 2026
Aussies Seek Input On 30% Min. Tax For Discretionary Trusts
Australia is seeking feedback on plans to introduce a 30% minimum tax on taxable income held in discretionary trusts, the Department of the Treasury said in a consultation.
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July 08, 2026
Trump Threatens To Cut Spanish Relations Over Defense Rift
President Donald Trump threatened Wednesday to cut off relations entirely with Spain, calling the country an unreliable partner during a meeting with NATO Secretary General Mark Rutte.
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July 08, 2026
EU Tax Head Urges Bloc Not To Water Down Overhaul Push
European Union countries must not dilute the ambitions of a tax overhaul proposal delivered last month, an EU official who is leading the changes said Wednesday.
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July 08, 2026
French Court To Ask ECJ To Vet Share Buyback Taxes
France's top administrative court will ask the European Court of Justice to determine whether the country's taxes on share buybacks violate rules preventing indirect taxation of capital, according to a decision.
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July 08, 2026
UK To Raise Threshold For Capital Goods VAT System
The U.K. government will limit the application of a system governing the reclamation of value-added tax on capital goods as part of simplifying VAT rules for small and midsize businesses, according to a policy paper published Wednesday.
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July 08, 2026
EU Warns Belgium, Bulgaria, Cyprus Over Pillar 2 Delay
The European Union has called on Belgium, Bulgaria and Cyprus to fully adopt information exchange rules that underpin the global minimum tax framework known as Pillar Two.
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July 07, 2026
Exxon Seeks $324M Judgment In Dispute On Qatar Deal Tax
Exxon asked a Texas federal court to rule that it's owed a $273 million tax refund and $51 million in penalties in a dispute with the U.S. government over the tax treatment of a natural gas deal with Qatar.
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July 07, 2026
EU Lawmakers Seek To End VAT Break For Financial Services
The European Parliament moved toward ending financial services' blanket exemption from value-added taxes by voting Tuesday to adopt a report recommending such a shift.
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July 07, 2026
Claims Court Nixes GILTI Tax Rules Under Loper Bright
The U.S. Court of Federal Claims invalidated corporate tax regulations that deny amortization deductions tied to certain overseas intangible asset transfers, holding that the rules are the kind of "agency overreach" foreclosed by the U.S. Supreme Court's Loper Bright ruling.
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July 07, 2026
Dental Aligners Not VAT-Exempt, Upper Tribunal Says
Dental aligners are not exempt from value-added tax under a provision aimed at dental prostheses, the Upper Tribunal ruled Tuesday, reversing a decision by a lower tribunal.
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July 07, 2026
Simpson Thacher Adds Energy Tax Partner From Weil In NY
Simpson Thacher & Bartlett LLP announced Tuesday that a former Weil Gotshal & Manges LLP partner has joined the firm's New York office to advise clients on the U.S. tax aspects of energy and infrastructure transactions.
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July 07, 2026
European Parliament Panel Rejects Carbon Tax Exemption
The Parliamentary committee responsible for changes to the European Union's carbon tax removed a proposed waiver that would exempt certain goods from the levy during periods of market turmoil.
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July 07, 2026
HMRC Admits New State Pension Tax Errors Over 4 Years
The government has said it accidentally overtaxed millions of Britons for their state pension income over four years, but that the tax ministry is working to ensure the error will not be repeated.
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July 07, 2026
UK Tax Policy To Watch In 2nd Half Of 2026
The U.K. government faces a change of leadership in the second half of the year, opening up the possibility of new tax policy at a time when digital and energy taxation are key issues. Here, Law360 looks at important U.K. tax policy developments to watch during the rest of 2026.
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July 06, 2026
After Tense Terms, Hints Of High Court Harmony With Circuits
Following several U.S. Supreme Court terms teeming with reversals and rebukes of lower appeals courts, the justices this term found fault less often with rulings by circuit judges, who are likely becoming better attuned to the conservative supermajority, attorneys say.
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July 06, 2026
The Funniest Moments Of The Supreme Court's Term
When one of the U.S. Supreme Court's most talkative members suddenly struggled to speak, the atmosphere at oral arguments grew increasingly anxious — until the justice deadpanned that it was an advocate's golden opportunity to avoid a grilling.
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July 06, 2026
Appeals Court Allows VAT Exemption For Education Services
A London appeals court ruled in favor of three alternative education providers appealing HMRC's denial of a value-added tax exemption for their services, saying Monday that lower tribunals used the wrong test to determine if the exemption applied.
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July 06, 2026
Stakeholders Push For Expanded Brazil Tariff Exemptions
Industry associations urged the U.S. Trade Representative's Office to expand tariff exemptions for the 25% duty anticipated on Brazilian goods as a result of its alleged unfair trading practices, according to recently published comment letters.
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July 06, 2026
OECD Helping Developing Nations On Min. Tax, Transparency
The OECD's support for developing countries in international tax matters was focused last year on the 15% global minimum tax, while tax transparency and transfer pricing assistance hummed along as well, according to a report.
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July 06, 2026
FedEx Misread Case In $89M Tax Refund Fight, 6th Circ. Told
FedEx incorrectly conflated real-world facts with statutorily created fiction about certain repatriated earnings when citing a recent U.S. Tax Court decision in the company's case for an $89 million tax refund, the U.S. government told the Sixth Circuit.
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July 06, 2026
India, China Call Broad US Forced Labor Tariffs Not Justified
Several U.S. trading partners facing new tariffs over claims of failing to adequately protect against forced labor pushed back on the plan ahead of a public hearing Tuesday, raising concerns that ranged from too-generalized determinations to the U.S. improperly disregarding related measures.
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July 06, 2026
Denim Co. Unlawfully Passed On Tariff Costs, Customer Says
A denim company violated North Carolina law by charging customers higher prices to recoup costs for unlawful tariffs without disclosing that it could seek, and is likely to receive, a refund, according to a proposed class action filed in federal court.
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July 06, 2026
Burnham Should End Windfall Tax, Industry Group Says
Labour leadership favorite Andy Burnham should remove the windfall tax on North Sea energy operations and replace it with a new regime to unlock £17.5 billion ($23.3 billion) in the oil and gas industry, an industry group said.
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July 06, 2026
LVMH Chief Owes €22.5M In Back Taxes, French Court Rules
France's richest man, the CEO of luxury goods conglomerate LVMH, owes the state €22.5 million ($25.7 million) in back taxes after Paris' administrative court of appeal ruled that a 2010 payout is taxable.
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July 06, 2026
International Trade Policy To Watch In 2nd Half Of 2026
President Donald Trump's trade strategy continues to disrupt business planning as importers await new U.S. tariffs to mitigate, monitor litigation involving refunds for illegal duties paid and prepare for increased risks of enforcement and unforeseen cost hikes in the second half of 2026. Here, Law360 examines the international trade policy matters to watch for the rest of the year.
Expert Analysis
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Law Firm Executive Orders Create A Legal Ethics Minefield
Recent executive orders targeting BigLaw firms create ethical dilemmas — and raise the specter of civil or criminal liability — for the government attorneys tasked with implementing them and for the law firms that choose to make agreements with the administration, say attorneys at Buchalter.
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Trade Policy Shifts Raise Hurdles For Gov't And Cos. Alike
The persistent tension between the Trump administration's fast-moving and aggressive trade policies and the compliance-heavy nature of the trade industry creates implementation challenges for both the business community and the government, says Sara Schoenfeld at Kamerman.
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Firms Must Embrace Alternative Billing Models Or Fall Behind
As artificial intelligence tools eliminate inefficiencies and the Big Four accounting firms enter the legal market, law firms that pivot from the entrenched billable hour model to outcomes-based pricing will see a distinct competitive advantage, says attorney William Brewer.
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How Attorneys Can Master The Art Of On-Camera Presence
As attorneys are increasingly presented with on-camera opportunities, they can adapt their traditional legal skills for video contexts — such as virtual client meetings, marketing content or media interviews — by understanding the medium and making intentional adjustments, says Kerry Barrett.
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Firms Still Have Lateral Market Advantage, But Risks Persist
Partner and associate mobility data from the fourth quarter of 2024 shows that we’re in a new, stable era of lateral hiring where firms have the edge, but leaders should proceed cautiously, looking beyond expected revenue and compensation analyses for potential risks, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.
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We Must Allow Judges To Use Their Independent Judgment
As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.
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Preparing For Tariffs On Canadian Power In The Northeast
The on-again, off-again risk of import and export tariffs on energy transactions between the U.S. and Canada may have repercussions for U.S. energy stakeholders in the ISO New England and New York Independent System Operator electricity markets — but there are options that could help reduce cost impacts, say attorneys at Husch Blackwell.
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Making The Case For Rest In The Legal Profession
For too long, a culture of overwork has plagued the legal profession, but research shows that attorneys need rest to perform optimally and sustainably, so legal organizations and individuals must implement strategies that allow for restoration, says Marissa Alert at MDA Wellness, Carol Ross-Burnett at CRB Global, and Denise Robinson at The Still Center.
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Mitigating Tariff Risks For Healthcare In US And Canada
Healthcare stakeholders should take steps to evaluate the impact of cross-border tariffs, as the historically strong ties between Canada and the U.S. demonstrate the potential for real disruption and harm to the healthcare industry in both countries, say attorneys at Norton Rose.
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4 Ways Women Attorneys Can Build A Legal Legacy
This Women’s History Month, women attorneys should consider what small, day-to-day actions they can take to help leave a lasting impact for future generations, even if it means mentoring one person or taking 10 minutes to make a plan, says Jackie Prester, a former shareholder at Baker Donelson.
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A Judge's Pointers For Adding Spice To Dry Legal Writing
U.S. District Judge Fred Biery shares a few key lessons about how to go against the grain of the legal writing tradition by adding color to bland judicial opinions, such as by telling a human story and injecting literary devices where possible.
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7 Tips For Associates To Thrive In Hybrid Work Environments
Excerpt from Practical Guidance
As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.
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IRS Should Revise Overbroad Microcaptive Regs
Rather than seeking to curtail use of congressionally sanctioned microcaptive insurance programs by imposing burdensome disclosure obligations, the Internal Revenue Service should revisit its recently finalized regulations and implement rules tailored to address areas of specific abuse, say attorneys at Zerbe Miller.