International
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April 04, 2025
Norway Proposes New Digital, Crypto Tax Disclosures
Digital services platforms and certain crypto-asset platforms doing business in Norway would be required to submit information on their users to the country's tax administration under a proposal from the Ministry of Finance on Friday.
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April 04, 2025
China Issues Tariffs, WTO Challenge To Hit Back At Trump
Chinese officials began honing their response to the Trump administration's expansive new tariffs on Friday, setting up retaliatory duties and announcing plans for a challenge at the World Trade Organization.
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April 04, 2025
Taxation With Representation: Ropes & Gray, Paul Hastings
In this week's Taxation With Representation, Siemens AG acquires Dotmatics from Insight Partners, LPL Financial acquires Commonwealth Financial Network, Brookfield Asset Management takes a majority stake in Angel Oak Cos., and TowneBank acquires Old Point Financial Corp.
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April 04, 2025
Denmark's £56M Cum-Ex Fraud Case Struck Out On Appeal
Denmark's roughly £56 million ($72 million) tax refund fraud claim against an English brokerage was struck out Friday after a London appeals court ruled that an issue "fundamental" to the case had been decided in earlier proceedings.
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April 03, 2025
EU Top Court Backs €4.2M Tax Levy Against Game Developer
Lithuanian tax authorities did not err when disallowing a video games company's tax deductions for dividends it received from a subsidiary, resulting in a charge of €4.2 million ($4.6 million) in taxes, interest and penalties, the European Union's top court said Thursday.
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April 03, 2025
DOGE Cuts Overlook Long-Standing Bids To Improve IRS
As President Donald Trump moves to downsize the federal government, the new administration may be missing an opportunity to evaluate long-standing proposals that aim to make the Internal Revenue Service run more efficiently, such as major technology upgrades and improving the dispute resolution process.
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April 03, 2025
Taiwan's Executive Calls US Tariffs 'Totally Unreasonable'
Taiwan's executive branch said Thursday that the new U.S. tariffs of 32% on all goods from the island are "totally unreasonable," questioning the "scientific basis" of the U.S. government's methodology.
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April 03, 2025
Senate Passes Long-Shot Bill To End Trump's Canada Tariffs
The U.S. Senate on Wednesday evening passed a resolution to eliminate the national emergency President Donald Trump declared to impose 25% tariffs on Canadian imports, but the measure is likely to stall in the House and certain to be vetoed.
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April 03, 2025
Japan To Subsidize Biz Affected By Trump's Tariffs, PM Says
Japan's government is planning to subsidize businesses affected by the U.S. placing a 24% tariff on all goods imported from the country and to relax requirements for government loans, Prime Minister Shigeru Ishiba said Thursday.
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April 03, 2025
EU Authorities Arrest 3 In €50M VAT Fraud Investigation
Authorities have arrested three people for their alleged ties to a €50 million ($55 million) value-added tax fraud scheme involving the trade of electronic goods, the European Public Prosecutor's Office said Thursday, tying this fraud to a larger €195 million scheme that is still under investigation.
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April 03, 2025
South Korea To Support Industries Hit By US Tariffs
Acting South Korean President Han Duck-soo called Thursday for support to industries like automobiles and others affected by the "global tariff war" that he said was kicked off by the U.S. when it placed a 25% tariff on the country, according to local media.
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April 03, 2025
Group Seeks To Block Swedish Tax Agency From Selling Data
The Swedish Tax Agency has flouted the country's Supreme Court by continuing to sell taxpayers' personal information to data brokers, an Austrian nonprofit organization told an administrative court in a petition seeking to block the practice.
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April 03, 2025
UK Gov't Preparing List Of US Goods For Tariffs
The U.K. government revealed a list of U.S. goods it might target with tariffs in response to the tariffs on British goods announced by the Trump administration, according to a statement Thursday.
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April 02, 2025
Attys Call Ending DOJ Tax Division 'Epic Failure' In Efficiency
The U.S. Department of Justice's plan to dissolve its Tax Division would jeopardize effective tax enforcement nationwide, a slew of tax controversy lawyers told the DOJ Wednesday, saying such a move would defeat President Donald Trump's stated overarching goal to improve government efficiency.
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April 02, 2025
Trump Unveils New Tariffs On Dozens Of Countries
President Donald Trump announced sweeping tariffs on major trading partners Wednesday, including a 10% rate on all goods entering the U.S. to take effect later this week, in a "declaration of economic independence" he says will jump-start domestic industry and production.
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April 02, 2025
6th Circ. Orders Private Review Of Docs In Eaton Tax Case
The Sixth Circuit granted a request by multinational power company Eaton Corp. to order a lower court to review in chambers sensitive performance evaluations in its transfer pricing case challenging an Internal Revenue Service summons for its European employee records.
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April 02, 2025
Ireland's Net Green Tax Revenue Totals €128M, Report Says
Ireland's tax system is climate-positive, with the country's budget for 2025 projected to collect €128 million ($139 million) more from tax policies designed to help the environment than from policies that reward climate-negative activities, the Department of Finance said in a report.
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April 02, 2025
Israel's Carbon Tax Doesn't Go Far Enough, OECD Says
Israel's carbon tax, which went into effect at the start of the year, applies too low a rate to natural gas, the Organization for Economic Cooperation and Development said Wednesday, calling on the country to bring its carbon prices in line with OECD standards.
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April 02, 2025
Control Of Kyocera's $7M Refund Suit Handed To Tax Court
The U.S. Tax Court holds jurisdiction over Kyocera's case for an approximately $7 million refund after it challenged an overlapping IRS assessment in the specialized tribunal, a South Carolina federal court ruled, agreeing with the company and the U.S. Department of Justice.
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April 02, 2025
South Korea, Andorra Tax Treaty Enters Into Force
A treaty to prevent double taxation on income and investments between South Korea and Andorra has entered into force, the South Korean Ministry of Finance announced, following approval of the agreement by the countries' legislatures.
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April 02, 2025
EU Digital Tax Could Bring In €37.5B By 2026, Report Says
A European Union digital services tax could raise €37.5 billion ($40.7 billion) in revenue by 2026, according to a report Wednesday from a Brussels-based research organization, which recommended the bloc reexamine its paused DST proposal.
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April 02, 2025
City Seeks Regulatory Talks With US Amid Trade Tension
A U.K. financial services trade body called on the government Wednesday to enter stronger financial regulatory dialogues with the U.S. and other countries amid trade uncertainties, boosting investment in high-growth companies.
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April 02, 2025
Taxing School Fees Doesn't Restrict Choice, Gov't Tells Court
The U.K. did not break human rights law by imposing 20% value-added tax on private school fees because families can still access education through other options, the government told a London court.
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April 02, 2025
UK Ride Service Merits VAT Break, Upper Tribunal Affirms
The First-tier Tribunal did not err when holding that a U.K. ride-hailing service falls under a special value-added tax exemption extended to travel agents based on the similarity of services that both ride-hailing and travel agents offer, the Upper Tribunal ruled.
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April 01, 2025
EU Busts 'Mafia-Style' Org In Tax Evasion, Other Crimes
Authorities in Germany and Italy arrested 29 individuals Tuesday linked to a "mafia-style" organization that was accused of carrying out crimes including tax evasion, money laundering and attempted manslaughter, the European Union's agency for criminal justice cooperation said.
Expert Analysis
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As Promised, IRS Is Coming For Crypto Tax Evaders
The IRS is fulfilling its promise to crack down on those who have neglected to pay taxes on cryptocurrency earnings, as demonstrated by recently imposed prison sentences, enforcement initiatives and meetings with international counterparts — suggesting a few key takeaways for taxpayer compliance, say attorneys at BakerHostetler.
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5 Reasons Associates Shouldn't Take A Job Just For Money
As a number of BigLaw firms increase salary scales for early-career attorneys, law students and lateral associates considering new job offers should weigh several key factors that may matter more than financial compensation, say Albert Tawil at Lateral Hub and Ruvin Levavi at Power Forward.
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The Pop Culture Docket: Judge Djerassi On Super Bowl 52
Philadelphia Court of Common Pleas Judge Ramy Djerassi discusses how Super Bowl 52, in which the Philadelphia Eagles prevailed over the New England Patriots, provides an apt metaphor for alternative dispute resolution processes in commercial business cases.
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Employee Experience Strategy Can Boost Law Firm Success
Amid continuing business uncertainty, law firms should consider adopting a holistic employee experience strategy — prioritizing consistency, targeting signature moments and leveraging measurement tools — to maximize productivity and profitability, says Haley Revel at Calibrate Consulting.
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6 Practice Pointers For Pro Bono Immigration Practice
An attorney taking on their first pro bono immigration matter may find the law and procedures beguiling, but understanding key deadlines, the significance of individual immigration judges' rules and specialized aspects of the practice can help avoid common missteps, says Steven Malm at Haynes Boone.
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Lessons From Country Singer's Personal Service Saga
Recent reports that country singer Luke Combs won a judgment against a Florida woman who didn’t receive notice of the counterfeit suit against her should serve as a reminder for attorneys on best practices for effectuating service by electronic means, say attorneys at Jenner & Block.
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7 E-Discovery Predictions For 2024 And Beyond
The legal and technical issues of e-discovery now affect virtually every lawsuit, and in the year to come, practitioners can expect practices and policies to evolve in a number of ways, from the expanded use of relevancy redactions to mandated information security provisions in protective orders, say attorneys at Littler.
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5 Litigation Funding Trends To Note In 2024
Over the next year and beyond, litigation funding will continue to evolve in ways that affect attorneys and the larger litigation landscape, from the growth of a secondary market for funded claims, to rising interest rates restricting the availability of capital, says Jeffery Lula at GLS Capital.
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4 Legal Ethics Considerations For The New Year
As attorneys and clients reset for a new year, now is a good time to take a step back and review some core ethical issues that attorneys should keep front of mind in 2024, including approaching generative artificial intelligence with caution and care, and avoiding pitfalls in outside counsel guidelines, say attorneys at HWG.
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What The Law Firm Of The Future Will Look Like
As the legal landscape shifts, it’s become increasingly clear that the BigLaw business model must adapt in four key ways to remain viable, from fostering workplace flexibility to embracing technology, say Kevin Henderson and Eric Pacifici at SMB Law Group.
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4 PR Pointers When Your Case Is In The News
Media coverage of new lawsuits exploded last year, demonstrating why defense attorneys should devise a public relations plan that complements their legal strategy, incorporating several objectives to balance ethical obligations and advocacy, say Nathan Burchfiel at Pinkston and Ryan June at Castañeda + Heidelman.
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Unpacking The Proposed Production Tax Credit Regulations
Recently proposed tax regulations for claiming the U.S. clean-energy manufacturers' production credit under Internal Revenue Code Section 45X are less stringent than many had feared but fail to define a fundamental eligibility requirement, say Casey August and Jared Sanders at Morgan Lewis.
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10 Considerations For Litigating A New York Tax Case
While some of New York’s recently adopted corporate tax regulations are likely to face legal challenges, aggrieved taxpayers should answer certain questions before deciding to embark on the tax litigation process, say Cyavash Ahmadi and Jeffrey Friedman at Eversheds Sutherland.