International
-
July 14, 2026
IRS Ethics Guidance Highlights AI Billing Tensions
Recent IRS ethics guidance urged attorneys to acknowledge the time-saving features of artificial intelligence when billing clients, underlining the legal industry's ongoing reckoning with how, or if, this technology fits into the traditional practice of charging by the hour.
-
July 14, 2026
Port Co. Can't Claim Tax Breaks On £57M, Tribunal Told
A London tribunal was wrong to rule that Liverpool's port operator can claim tax allowances on £57.1 million ($76.4 million) spent constructing part of a deep-water container terminal, the U.K. tax authority argued Tuesday.
-
July 14, 2026
US Refunded $49.2B In Tariffs Last Month, Treasury Says
The U.S. government issued tariff refunds totaling more than $49.2 billion in June, dragging down customs duties to account for a monthly net loss of $25.5 billion in the federal accounts, according to the U.S. Department of the Treasury.
-
July 14, 2026
3 Convicted In €50M German VAT Fraud With Cars, Masks
A Berlin court convicted three individuals, including a tax adviser, tied to a €50 million ($57.1 million) value-added tax fraud involving luxury vehicles and medical face masks, the European Public Prosecutor's Office said Tuesday.
-
July 14, 2026
Greece Seizes Evidence In Suspected €46.9M VAT Fraud
Greek authorities seized evidence and assets from companies tied to a suspected value-added tax fraud scheme involving small electronic goods that produced €46.9 million ($53.6 million) in lost tax revenue, the European Public Prosecutor's Office said Tuesday.
-
July 14, 2026
EU Tax Lead Urges Reconsideration Of Interest Limit Rule
Policymakers should reflect on the rationale behind the European Union's interest limitation rule — a tool that can increase firms' tax bases — as it is hitting companies that aren't circumventing tax mandates, a senior EU official said Tuesday.
-
July 13, 2026
Israeli Law Firm Counters Gov't Bid To Toss GILTI Reg Suit
An Israeli law firm asked the D.C. federal court Monday to disregard the government's attempt to end its suit aiming to scrap regulations that implemented the 2017 tax law's global intangible low-taxed income regime, arguing that its case is strong enough for a quick win.
-
July 13, 2026
McKesson Says IRS Overreads Law Backing Pricing Rules
Pharmaceutical giant McKesson asked a Texas federal court to invalidate transfer pricing regulations that underpin the company's $10 million tax refund bid, arguing the U.S. government mistakenly thinks the underlying statute gives the IRS "near-limitless authority" to define key terms.
-
July 13, 2026
Biofuel Tax Fraudster Loses Bid For Extra Sentence Reduction
A Utah federal judge declined to reduce further the original sentence of an accomplice in a $500 million biofuel production tax credit fraud scheme, finding that his prior reduction to 12 years had sufficiently reflected his cooperation in the trial of another defendant.
-
July 13, 2026
US Biz Group Urges EU To Honor Side-By-Side Treatment
A lobbying group representing U.S. companies called on the European Union to respect the country's side-by-side agreement as the bloc continues to work on a tax simplification overhaul.
-
July 13, 2026
UK Gov't To Implement Side-By-Side Tax Rules
Britain's tax authority set out new rules for the U.K.'s top-up tax regime, including the side-by-side safe harbor rule for U.S. multinational companies, according to a policy paper published Monday.
-
July 13, 2026
Bin Maker Too Late To Appeal £161K Tax Bill, Tribunal Says
A trash bin maker is time-barred from appealing more than £161,000 ($215,000) in customs duties and import value-added tax levied on its products, the First-tier Tribunal said in a decision.
-
July 13, 2026
UK To Exempt Stablecoins From Capital Gains Tax
Britain's tax authority will allow a capital gains tax exemption for disposals of stablecoins pegged to a fiat currency or other tangible assets, according to a policy paper published Monday.
-
July 13, 2026
HMRC Sets Out Oil & Gas Levy To Replace Windfall Tax
Britain's tax authority laid out the new tax regime for North Sea oil and gas to replace the windfall levy on energy giants in a policy paper published Monday.
-
July 10, 2026
US-Canada Stalemate Expected To Hold Amid USMCA Review
The trade stalemate between the U.S. and Canada is likely to continue through a drawn-out review process for the U.S.-Mexico-Canada Agreement, though companies will benefit from an underlying level of stability as the deal remains in effect, trade lawyers said.
-
July 10, 2026
German, Dutch Arrest 2 In €300M VAT Fraud Involving Autos
German and Dutch authorities have arrested two individuals linked to a group involved in a value-added tax fraud with imported cars that has created around €300 million ($342 million) in estimated losses, the European Public Prosecutor's Office in Cologne said Friday.
-
July 10, 2026
Vague IRS Rules Should Nix Foreign Gift Penalties, Court Told
A California civil service worker asked a federal court to waive penalties imposed by the IRS over her failure to report wedding gifts received from family in China, contending the agency was unclear about filing requirements.
-
July 10, 2026
Taxation With Representation: Cleary, Paul Weiss, Fried Frank
In this week's Taxation With Representation, Solstice Advanced Materials Inc. acquires specialty chemicals technology company Element Solutions Inc., Vertex Pharmaceuticals Inc. buys Crinetics Pharmaceuticals Inc., and Lockheed Martin acquires naval defense company Ultra Maritime.
-
July 10, 2026
Min.-Tax Safe Harbor Will Curb Hassles, OECD Official Says
Complying with the global minimum tax will not be difficult for businesses when the permanent safe harbor — a policy add-on to simplify the process — kicks in, a senior official from the Organization for Economic Cooperation and Development said Friday.
-
July 10, 2026
Labor Tax Reliance Riskier In Aging World, EU Report Warns
Labor levy revenues make up an increasingly greater share of tax takings in the European Union, although the stability of this income is in jeopardy as populations age, the European Commission warned Friday in its annual tax report.
-
July 09, 2026
US Pillar 2 Deal Cuts UK Tax Take By £600M, Report Says
The U.K.'s tax revenue from the global minimum corporate rate will fall by around £600 million ($804.7 million) annually as a result of U.S. corporate giants' exemption from the rules, according to a parliamentary report published Friday.
-
July 09, 2026
France Pushes Back Deadline For Minimum Tax Returns
France will allow multinational corporations to file information declarations for the 15% global minimum tax until Sept. 1, extending the deadline from the end of June, the Ministry of Public Action and Accounts said Thursday.
-
July 09, 2026
EU Withholding Rules Curbing Investment, Says Tax Lead
The European Union needs to improve withholding tax rules for investment funds to generate more capital for businesses, although progress is restricted by ownership rules, a senior EU official said Thursday.
-
July 09, 2026
Austria's Bank VAT Break Was State Aid, EU Top Court Says
The European Union's top court ruled Thursday against an Austrian law that provided a value-added tax exemption for certain transactions in the banking and insurance sectors, holding that the tax break functioned as illegal state aid under EU law.
-
July 09, 2026
EU, South Africa Meet To Discuss Clean Energy Trade Deal
South African and European officials began an intergovernmental dialogue Thursday to continue implementation efforts on the green energy trade deal signed last year, with particular focus on the kinds of businesses and investment projects the deal should encourage, according to a news release by the European Commission.
Expert Analysis
-
Inconsistent Injury-In-Fact Rules Hinder Federal Practice
A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.
-
In-House Counsel Pointers For Preserving Atty-Client Privilege
Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.
-
Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example
Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.
-
Accountant-Owned Law Firms Could Blur Ethical Lines
KPMG’s recent application to open a legal practice in Arizona represents the first overture by an accounting firm to take advantage of the state’s relaxed law firm ownership rules, but enforcing and supervising the practice of law by nonattorneys could prove particularly challenging, says Seth Laver at Goldberg Segalla.
-
AI Will Soon Transform The E-Discovery Industrial Complex
Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.
-
Unpacking The Legal Foundation Of Trump's New Trade War
President Donald Trump's recent executive orders and proclamations regarding emergencies at the U.S. border are based on statutory powers enabling a president to address extraordinary external threats — and could be used to fend off legal challenges to the tariffs levied on Mexican and Canadian goods, says Chris Zona at Mandelbaum Barrett.
-
When Innovation Overwhelms The Rule Of Law
In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.
-
Imagine The Possibilities Of Openly Autistic Lawyering
Andi Mazingo at Lumen Law, who was diagnosed with autism about midway through her career, discusses how the legal profession can create inclusive workplaces that empower openly autistic lawyers and enhance innovation, and how neurodivergent attorneys can navigate the challenges and opportunities that come with disclosing one’s diagnosis.
-
Litigation Funding Disclosure Debate: Strategy Considerations
In the ongoing debate over whether courts should require disclosure of litigation funding, funders and plaintiffs tend to argue against such mandates, but voluntarily disclosing limited details about a funding arrangement can actually confer certain benefits to plaintiffs in some scenarios, say Andrew Stulce and Marc Cavan at Longford Capital.
-
5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
-
Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.
-
Tax Directive Marks Milestone In Harmonizing EU System
The Council of the European Union’s recently adopted tax directive is a significant step toward streamlining and modernizing procedures for member states, and will greatly reduce administrative burden and compliance costs for cross-border investors, says Martin Phelan at Simmons & Simmons.
-
5 Litigation Funding Trends To Note In 2025
Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.