International

  • June 06, 2025

    Facebook Ruling Casts Uncertainty On Cost-Share Disputes

    The U.S. Tax Court recently rejected Facebook's challenge to regulations that determine the buy-in payment for affiliated companies to share the costs of developing intangibles, raising questions about objections to similar rules by pharmaceutical multinationals.

  • June 06, 2025

    Arizona Mining Co. Challenges $417M Ruling In Peru Dispute

    Peru breached its U.S. trade agreement by imposing $417 million in penalties and interest on the unpaid royalties of an Arizona-based mining company's local operator, the company said while asking international arbiters to partially annul an award that it claimed mistakenly ignored the issue.

  • June 06, 2025

    Labour Gov't Eases Carried Interest Rules On Fund Managers

    The Labour government has unveiled a series of concessions on changes to the tax rules for carried interest, the investment income passed onto fund managers, following a consultation on the plans.

  • June 06, 2025

    Taxation With Representation: Winston, Stibbe, Weil, Goodwin

    In this week's Taxation With Representation, Chart Industries Inc. and Flowserve Corp. merge, Aedifica NV and Cofinimmo NV unite, Sanofi buys Blueprint Medicines Corp., and Kimberly-Clark Corp. sells a majority stake in its international tissue business to Suzano.

  • June 06, 2025

    Darts Champ Banned As Director Over Unpaid £450K Tax Bill

    A former darts world champion has been banned from running companies for five years after his business failed to pay more than £450,000 ($610,000) in tax, the Insolvency Service has revealed.

  • June 06, 2025

    Switzerland Plans Tax Data Reporting For Crypto

    The Swiss government said Friday that it has approved a plan to extend the automatic exchange of information for tax matters to apply to crypto-assets.

  • June 05, 2025

    Swedish Tax Cuts Could Imperil Emission Targets, OECD Says

    Energy tax cuts included in Sweden's 2025 budget run counter to greenhouse gas reduction goals and may result in Sweden failing to meet its legally binding targets, the Organization for Economic Cooperation and Development said Thursday.

  • June 05, 2025

    OECD Suggests South Africa Expand Tax Base To Cut Debt

    South Africa overly limits its tax base through expenditures like deductions and exemptions, the Organization for Economic Cooperation and Development said Thursday, recommending the country broaden its base in order to reduce its debt.

  • June 05, 2025

    Trump Expects China Trade Talks To Resume After Xi Phone Call

    President Donald Trump said he and Chinese President Xi Jinping spoke over the phone Thursday about an impasse in ongoing trade talks over U.S. claims China was slow-walking the exports of rare earths, with Trump saying he expects meetings between the countries' negotiating teams to resume.

  • June 05, 2025

    EU Wants To Loosen State Aid For Affordable Housing

    The European Union wants to address a lack of affordable housing by making it easier for governments to provide state aid to support the construction of new buildings and renovations of existing buildings, the bloc's executive branch said in a consultation.

  • June 05, 2025

    Sweden Proposes $2.6M Cap On Interest Deductions

    Sweden would ignore contributions within corporate groups and deficits from prior years when calculating a company's interest deduction, under rules proposed Thursday.

  • June 05, 2025

    German Court Convicts 2 More Tied To €100M VAT Fraud

    A German court convicted two more people for their roles in a €100 million ($114 million) value-added tax fraud scheme involving services that let users make phone calls via the internet, the European Public Prosecutor's Office said Thursday.

  • June 05, 2025

    HMRC Loses £47M To Phishing Targeting PAYE Accounts

    HM Revenue & Customs has detected phishing attacks on 100,000 taxpayer accounts, costing the revenue service £47 million ($64 million), the tax authority's new chief executive told members of Parliament.

  • June 05, 2025

    US Biz Council Wants Treaty Talks With Switzerland, Taiwan

    Large U.S. multinational corporations want to see the U.S. Department of the Treasury prioritize tax treaty negotiations with Switzerland and Taiwan, according to survey results published Thursday by the National Foreign Trade Council.

  • June 05, 2025

    EU OKs Irish Tax Credit For Unscripted Cultural TV Programs

    The European Commission announced Thursday that it approved the Irish government's €211 million ($241 million) tax credit designed to support unscripted audiovisual programs with Irish and European cultural content.

  • June 05, 2025

    About 30% Of Firms Paying UK DST Aren't In US, Report Says

    Nearly 30% of companies that paid the U.K.'s digital services tax in 2023-2024 were headquartered outside the U.S., which contrasts with the popular notion that American firms pay the tax almost exclusively, advocacy group TaxWatch said Thursday, citing data provided by HM Revenue & Customs.

  • June 05, 2025

    KFC Parent Co. Fights $4B IRS Bill In Tax Court

    The parent company of Pizza Hut, KFC and Taco Bell is challenging $2.5 billion in taxes and penalties that the IRS claims it owes for a corporate reorganization to restructure its international operations, according to a U.S. Tax Court petition served Thursday, a figure that has topped $4 billion with interest.

  • June 04, 2025

    NJ Man Cops To Dodging $2M Tax Bill On Real Estate

    A New Jersey man linked to an intricate pension plan scheme involving refunds from the Dutch government pled guilty to evading more than $2.4 million in U.S. taxes by concealing ownership of more than $5.5 million in real estate, the U.S. Department of Justice said Wednesday. 

  • June 04, 2025

    Steel, Aluminum Tariff Hike Casts Cloud Over US Investment

    President Donald Trump's latest tariff increases on steel and aluminum imports strengthen an existing barrier to an already duty-riddled trade environment and could put both domestic and foreign businesses' investment opportunities in the U.S. at risk, experts say.

  • June 04, 2025

    Biz Groups Urge US To Pressure Canada To Drop Digital Tax

    A coalition of business lobbying groups have urged the U.S. government to take "decisive action" against Canada's digital services tax before the June 30 payment deadline, contending that the levy will cost U.S. companies about $2 billion this year.

  • June 04, 2025

    Bulgaria Meets Criteria To Switch To Euro Next Year, EU Says

    The European Commission and European Central Bank affirmed that Bulgaria has met all necessary criteria to adopt the euro as its currency starting Jan. 1, which would make it the 21st country to do so.

  • June 04, 2025

    US Again Tops Tax Advocacy Group's Financial Secrecy Index

    The U.S. has again topped the list of the world's biggest enablers of financial secrecy, in part due to a continued lack of transparency for trusts, according to a report from advocacy group Tax Justice Network.

  • June 04, 2025

    Brazil Removes UAE From List Of Problem Tax Jurisdictions

    Brazil no longer considers the United Arab Emirates to have an improper preferential tax regime, which the Middle East country said should foster greater cooperation between the two countries, the UAE said Wednesday.

  • June 04, 2025

    Satellite Co. Execs Released In $250M Fraud, Evasion Case

    Two more satellite company executives facing charges of tricking investors out of $250 million are being released after their leader, who was additionally accused of tax crimes, was deemed a flight risk, according to D.C. federal court documents.

  • June 04, 2025

    Trade Talks With US Trying To Avoid Tariff Hikes, EU Says

    The European Union and the U.S. aim to avoid tariff hikes threatened by President Donald Trump beginning July 9 as they negotiate this week on investments to rebalance trade in goods and on what the U.S. considers trade barriers, the bloc's trade commissioner said Wednesday.

Expert Analysis

  • Reassessing Corporate Separateness After Explosion Of LLCs

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    Following the dramatic increase of limited liability companies in the U.S., the Corporate Transparency Act's enactment and the Trump administration's subsequent narrowing of that law, it's worth revisiting the underlying legal principles that govern shell companies in order to remedy the problems that initially motivated the CTA, says Jeff Newton at Omni Bridgeway.

  • Crisis Management Lessons From The Parenting Playbook

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    The parenting skills we use to help our kids through challenges — like rehearsing for stressful situations, modeling confidence and taking time to reset our emotions — can also teach us the fundamentals of leading clients through a corporate crisis, say Deborah Solmor at the Wisconsin Alumni Research Foundation and Cara Peterman at Alston & Bird.

  • Adapting To Private Practice: From NY Fed To BigLaw

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    While the move to private practice brings a learning curve, it also brings chances to learn new skills and grow your network, requiring a clear understanding of how your skills can complement and contribute to a firm's existing practice, and where you can add new value, says Meghann Donahue at Covington.

  • Top 3 Litigation Finance Deal-Killers, And How To Avoid Them

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    Like all transactions, litigation finance deals can sometimes collapse, but understanding the most common reasons for failure, including a lack of trust or a misunderstanding of deal terms, can help both parties avoid problems, say Rebecca Berrebi at Avenue 33 and Boris Ziser at Schulte Roth.

  • A 2-Step System For Choosing A Digital Asset Reporting Path

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    Under the Internal Revenue Service's new digital asset reporting regulation, each type of asset may have three potential reporting destinations, so a detailed testing framework can help to determine the appropriate path, says Keval Sonecha at Sonecha & Amlani.

  • How Attys Can Use A Therapy Model To Help Triggered Clients

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    Attorneys can lean on key principles from a psychotherapeutic paradigm known as the "Internal Family Systems" model to help manage triggered clients and get settlement negotiations back on track, says Jennifer Gibbs at Zelle.

  • 3 Steps For In-House Counsel To Assess Litigation Claims

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    Before a potential economic downturn, in-house attorneys should investigate whether their company is sitting on hidden litigation claims that could unlock large recoveries to help the business withstand tough times, says Will Burgess at Hilgers Graben.

  • IRS And ICE Info Sharing Could Drive Payroll Tax Enforcement

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    Tax crimes are historically difficult to prosecute, but the Internal Revenue Services’ recent agreement with U.S. Immigration and Customs Enforcement to share taxpayer records of non-U.S. citizens could be used to enhance payroll tax-related enforcement against their employers, say attorneys at Holland & Knight.

  • Adapting To Private Practice: From DOJ Enviro To Mid-Law

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    Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond.

  • Legal Ethics Considerations For Law Firm Pro Bono Deals

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    If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli.

  • 10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks

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    The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.

  • Power To The Paralegals: The Value Of Unified State Licensing

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    Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.

  • 10 Soft Skills Every GC Should Master

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    As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt.

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