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May 01, 2026
Australia Moves To Update Global Minimum Tax Laws
Australia has introduced draft amendments to align its 15% global minimum tax rules with guidance issued by the Organization for Economic Cooperation and Development, the Department of the Treasury said Friday.
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May 01, 2026
Kostelanetz Adds Ex-IRS Criminal Investigation Chief In NY
Kostelanetz LLP has hired a former chief of the U.S. Internal Revenue Service's law enforcement branch who spent more than 30 years there investigating tax and financial crime, domestically and abroad, the firm announced Friday.
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May 01, 2026
Texas Plastics Co. Seeks To Nix Full Captive Rules In 5th Circ.
A plastics company is appealing a Texas district court's decision to partially vacate IRS regulations that listed captive insurance as potentially abusive tax avoidance schemes and will ask the Fifth Circuit to strike down the entire set of regulations, according to a notice.
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May 01, 2026
IRS Failed To Vet GILTI Regs For Small Biz, Court Told
The Internal Revenue Service failed to assess how final regulations implementing the 2017 tax law's global intangible low-taxed income regime would affect small businesses, an Israeli law firm told the D.C. federal court Friday, arguing the rules violate administrative law.
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May 01, 2026
UK Man Agrees To Guilty Plea In $60M Tax Evasion Scheme
A former business executive has agreed to plead guilty to conspiracy to defraud the Internal Revenue Service, following an order to extradite him to the U.S. over allegations that he and five other men helped wealthy American clients hide their income.
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May 01, 2026
UK Leads OECD In Taxing Wealth, Think Tank Says
The U.K. raises more revenue from taxes on wealth than any other country in the Organization for Economic Cooperation and Development, and implementing a wealth tax wouldn't generate as much money as existing levies, a think tank said in a report published Friday.
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April 30, 2026
Trump To Drop Scottish Whiskey Tariffs After UK Royal Visit
The U.S. will grant imported whiskey from the United Kingdom preferential tariff treatment following the visit to the U.S. by King Charles and Queen Camilla, President Donald Trump said on social media Thursday.
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April 30, 2026
Md. To Weigh Extension Of Foreign Earned Income Exemption
Maryland will study whether to clarify and codify its existing practice of extending a federal exemption for certain foreign earned income to apply to state income taxes under a Senate bill signed by Democratic Gov. Wes Moore.
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April 30, 2026
Critical Mineral Restrictions Up 500% From 2009, OECD Says
Global export restrictions on critical raw materials that are key for digital and renewable energy technologies increased fivefold between 2009 and 2024, which could lead to greater risks of supply chain vulnerabilities, the Organization for Economic Cooperation and Development said.
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April 30, 2026
Gabon Lacking In Tax Transparency Standards, OECD Says
Gabon was rated as noncompliant with tax transparency standards, while Guinea, Montserrat and Niue have room to improve on their legal frameworks, according to peer reviews published by the OECD.
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April 30, 2026
Meta Made $8B From Treasury Guidance On Minimum Tax
Meta Platforms Inc. booked a more than $8 billion tax benefit from U.S. Treasury Department guidance on the corporate alternative minimum tax that allowed taxpayers to reduce the tax's base, the company said.
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April 30, 2026
EU Top Court Backs Lithuania's VAT Interest In Fraud Case
The European Union's top court ruled Thursday that Lithuania was entitled to charge default interest on value-added tax arrears to a company facing tax fraud claims because a fixed-rate system that doesn't allow case-by-case reductions can be proportionate under EU law.
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April 30, 2026
5th Circ. Tosses FCA Suit Against IT Firm Over Visa Fraud
The Fifth Circuit upheld the dismissal of a man's claims that an India-based information technology and professional services firm violated the False Claims Act via fraudulent visa applications and improper tax withholding, finding no specific payment obligations under the FCA itself.
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April 30, 2026
Wyden Asks IRS To Probe Lawyers For Puerto Rico Tax Advice
Sen. Ron Wyden, D-Ore., said Thursday that he has asked the IRS to investigate whether two attorneys "inaccurately advised" wealthy individuals that they could avoid taxes on capital gains accrued in the U.S. before becoming residents of Puerto Rico.
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April 30, 2026
Germany's Budget Plan Sets Stage For Income Tax Changes
Germany shared an outline Wednesday for its 2027 budget that includes income tax relief for low and midlevel earners.
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April 29, 2026
Canadian Real Estate Broker Wins Cut To Taxable Income
A real estate broker who represented himself before Canada's Tax Court won a reduction of more than CA$81,000 ($59,000) to his taxable income by challenging the tax authority's characterization of his finances.
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April 29, 2026
Customs Says First Tariff Refunds Will Be Issued In May
Customs and Border Protection expects the first refunds for tariffs paid under the global regime struck down by the U.S. Supreme Court to be issued May 11, according to an order published at the U.S. Court of International Trade.
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April 29, 2026
More UK Businesses Face Crisis Over Taxes, War, Report Says
The number of U.K. businesses near collapse increased by almost 37% with rising taxes ahead of the economic fallout of the Iran war, an insolvency firm warned in a report Wednesday.
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April 29, 2026
Finland Looks To Cut Corporate Tax Rate To 18%
Finland is looking at cutting its corporate tax rate from 20% to 18% and extending loss carryforwards to attract investment amid sluggish economic growth, according to its Ministry of Finance.
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April 29, 2026
EU Takes Hungary To Court Over Retail Tax Regime
The European Union will pursue a case against Hungary in the European Court of Justice over the country's retail tax regime, a framework that the EU deems discriminatory against foreign firms, the bloc announced Wednesday.
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April 28, 2026
Meta Says Tax Court Has Jurisdiction Over Interest Claim
The U.S. Tax Court has jurisdiction over whether Meta is due a refund of interest for 2019 because the company claimed an overpayment for that year along with its challenge to deficiencies assessed in 2017, 2018 and 2019, the social media giant argued.
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April 28, 2026
Australia Wants Online Cos. To Pay News Media Or Be Taxed
Australia has opened a second consultation on a 2.25% digital services tax that would be imposed on large social media companies and search engines if they don't pay Australian news organizations to publish their work.
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April 28, 2026
IRS Wrongly Expanded Accounting Fix Limits, 2nd Circ. Told
The U.S. Tax Court improperly broadened the scope of rules that let the IRS adjust accounting methods when it recast a hedge fund's financial instruments as abusive tax avoidance arrangements, a tax counsel association told the Second Circuit, warning this is overreach that would hurt tax administration.
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April 28, 2026
EU Panel Seeks Fixes For 'Imbalances' From Pillar 2 Carveout
European companies are disadvantaged by the exemption that U.S. multinational corporations get from a 15% global minimum tax known as Pillar Two, according to a European Parliament committee, which called for solutions to correct "structural imbalances" under this dynamic.
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April 28, 2026
S. Korean Court Voids $46.6M Of Netflix's Tax Bill, Report Says
Netflix on Tuesday secured the cancellation of 68.7 billion won ($46.6 million) in taxes imposed by the South Korean government in a dispute over the characterization of payments to a Dutch subsidiary, in a partial victory at a Seoul court, according to a news report.
Expert Analysis
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Think Like A Lawyer: 1 Type Of Case Complexity Stands Out
In contrast to some cases that appear complex due to voluminous evidence or esoteric subject matter, a different kind of complexity involves tangled legal and factual questions, each with a range of possible outcomes, which require a “sliding scale” approach instead of syllogistic reasoning, says Luke Andrews at Poole Huffman.
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Think Like A Lawyer: Note 3 Simple Types Of Legal Complexity
Cases can appear complex for several reasons — due to the number of issues, the volume of factual and evidentiary sources, and the sophistication of those sources — but the same basic technique can help lawyers tame their arguments into a simple and persuasive message, says Luke Andrews at Poole Huffman.
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Litigation Inspiration: Reframing Document Review
For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben.
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3 Ways To Train Junior Lawyers In 30 Minutes Or Less
Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.
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The Bar Needs More Clarity On The Discovery Objection Rule
Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office.
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So You Want To Move Your Law Practice To Canada, Eh?
Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.
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Promoting Diversity In The Selection Of ADR Neutrals
Excerpt from Practical Guidance
Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler.
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Striking A Balance Between AI Use And Attorney Well-Being
As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.
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How Judiciary Can Minimize AI Risks In Secondary Sources
Because courts’ standing orders on generative artificial intelligence and other safeguards do not address the risk of hallucinations in secondary source materials, the judiciary should consider enlisting legal publishers and database hosts to protect against AI-generated inaccuracies, say attorneys at Lankler Siffert & Wohl.
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How Attorneys Can Break Free From Career Enmeshment
Ambitious attorneys can sometimes experience career enmeshment — when your sense of self-worth becomes unhealthily tangled up in your legal vocation — but taking the time to discover and realign with your core personal values can help you recover your identity, says Janna Koretz at Azimuth Psychological.
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Lawyers With Disabilities Are Seeking Equity, Not Pity
Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.
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Judicial Committee Best Venue For Litigation Funding Rules
The Advisory Committee on Civil Rules' recent decision to consider developing a rule for litigation funding disclosure is a welcome development, ensuring that the result will be the product of a thorough, inclusive and deliberative process that appropriately balances all interests, says Stewart Ackerly at Statera Capital.
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The Strategic Advantages Of Appointing A Law Firm CEO
The impact on law firms of the recent CrowdStrike outage underscores that the business of law is no longer merely about providing supplemental support for legal practice — and helps explain why some law firms are appointing dedicated, full-time CEOs to navigate the challenges of the modern legal landscape, says Jennifer Johnson at Calibrate Strategies.