International
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July 02, 2025
OECD-UN Tax Initiative Has Helped Collect $2.4B, Report Says
A joint initiative between the Organization for Economic Cooperation and Development and the United Nations to help developing countries boost tax revenues has helped collect $2.4 billion in its decade of existence, the initiative reported Wednesday.
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July 02, 2025
UK Gov't Stands By Digital Tax Despite US Trade Deal
The U.K. government is standing by its digital services tax after having secured a trade deal with the U.S., despite months of talks and continued U.S. opposition to the levy, a British government spokesperson confirmed Wednesday.
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July 02, 2025
African Tax Info Requests Almost Doubled In 2024, OECD Says
Efforts to improve tax transparency across Africa appear to be paying off, with the number of exchange of information requests sent by the African members of the OECD's Global Forum nearly doubling in 2024 compared with the prior year, the organization said.
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July 02, 2025
EU Eyes Carbon Pricing Expansion For Downstream Products
The European Commission is looking for comments on a proposal to expand the scope of its carbon pricing rules to cover certain manufactured metal products to mitigate risks relocating of manufacturing to countries with looser emissions controls, it said Wednesday.
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July 01, 2025
The Sharpest Dissents From The Supreme Court Term
The term's sharpest dissents often looked beyond perceived flaws in majority reasoning to raise existential concerns about the role and future of the court, with the justices accusing one another of rewarding executive branch lawlessness, harming faith in the judiciary and threatening democracy, sometimes on an emergency basis with little briefing or explanation.
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July 01, 2025
Justices Face Busy Summer After Nixing Universal Injunctions
The U.S. Supreme Court's decision to limit nationwide injunctions was one of its biggest rulings of the term — a finding the court is likely going to be dealing with all summer. Here, Law360 takes a look at the decision, how it and other cases on the emergency docket overshadowed much of the court's other work, and what it all means for the months to come.
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July 01, 2025
Investor's Personal Loans Close Door On UK Biz Tax Relief
A banker who provided himself non-arm's-length personal loans through his company thereby disqualified from tax relief his £1.5 million ($2.1 million) investment of foreign income into the firm, making him liable for more than £675,000 in tax, the U.K. Upper Tribunal said.
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July 01, 2025
IRS Docs Bid Flouts Foreign Privacy Rules, 6th Circ. Told
The U.S. Chamber of Commerce and the National Association of Manufacturers urged the Sixth Circuit to reverse an Ohio federal judge's order requiring Eaton Corp. to share European employee evaluations with the IRS, contending that disclosure would create unnecessary conflicts with foreign privacy laws.
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July 01, 2025
US Trade Blueprint Should Delay Tariffs, South Africa Says
The South African government said Tuesday it requested that the U.S. extend a July 9 deadline for trade talks before higher tariff rates kick in for it and other major trading partners, in anticipation of a new U.S. blueprint to guide prospective trade deals in the region.
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July 01, 2025
Trusts' Mauritius Share Sales Taxable In UK, Court Holds
HM Revenue & Customs was right to assess share sales by a group of Mauritius-based U.K. trusts for capital gains tax because the sale decisions were made in Britain, a London court held Tuesday.
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July 01, 2025
HMRC Can Collect Tax In Disputed Avoidance Schemes
A London court ruled that HM Revenue & Customs can collect disputed income tax owed by a group of companies that took part in tax avoidance schemes, even though the authority previously promised to postpone the requests until the disputes were settled.
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July 01, 2025
FCA Can Drop £6M Fine In Cum-Ex Case After Danish Pleas
The Financial Conduct Authority can reverse its decision to fine a cum-ex trader £5.9 million ($8.1 million) to avoid prejudicing Denmark's attempts to claw back the proceeds from an alleged sham trading scheme, a London tribunal has ruled.
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July 01, 2025
Senate Passes GOP Budget Bill With Revised Tax Provisions
Senate Republicans narrowly passed their sweeping tax and policy legislation Tuesday after conference leaders secured a last-minute compromise with some holdout senators in their conference to revise portions of the bill.
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July 01, 2025
Canada Moves To Make Small-Biz Carbon Rebate Tax-Free
Canadian small businesses would not need to pay tax on federal carbon rebate payments under legislation announced by the country's Department of Finance, with the proposed rules applying retroactively through the 2019-20 tax year.
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July 01, 2025
Norway's Petroleum Tax Take Expected To Dip By $4.5B
Norway's tax agency projects that its total 2025 revenue from its petroleum tax will dip year over year by 45 billion Norwegian kroner ($4.46 billion) to 336 billion kroner, continuing a downward trend from 2022.
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June 30, 2025
Trump Tariff Challenge Belongs In Trade Court, Groups Argue
The America First Legal Foundation and Coalition for a Prosperous America on Monday backed the federal government in an appeal brought by toy makers challenging President Donald Trump's emergency tariffs, arguing that the lower court should've never issued an injunction because the dispute belongs in the U.S. Court of International Trade.
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June 30, 2025
Senate Inches Toward Vote On $3.8 Trillion Budget Bill
The Senate underwent a marathon series of votes Monday on amendments to Republicans' mammoth $3.8 trillion budget bill as the chamber made slow progress toward a final vote on the legislation whose outcome remained uncertain.
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June 30, 2025
Canada Removing Digital Tax To Salvage US Trade Talks
Canada has agreed to roll back its 3% digital services tax just ahead of Monday's first payment deadline in order to continue trade negotiations with the U.S., Canadian Prime Minister Mark Carney announced Sunday evening.
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June 30, 2025
Brazil, Spain Form Coalition For Wealth Taxes
The finance ministers of Brazil and Spain launched a coalition Monday for governments to cooperate on taxing high-net-worth individuals, with more countries expected to join in the coming months, a European Union-affiliated think tank said in a news release.
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June 30, 2025
HMRC Investigated Avoidance Scheme Enough, Court Rules
HM Revenue & Customs didn't need to investigate further before determining that nearly 50 consultants owed taxes on income routed through offshore entities on the Isle of Man, the High Court of Justice said in declining to review the British tax authority's decision.
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June 30, 2025
UK Backs G7 Deal Excluding US Cos. From Global Min. Tax
The U.K. government said it supports the Group of 7 countries' deal to exclude U.S. companies from the global minimum tax regime in exchange for the U.S. government dropping its so-called revenge tax.
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June 30, 2025
OECD Charts Course For Coming Years' Work
The Organization for Economic Cooperation and Development laid out its priorities Monday for work in the coming years, including continued capacity-building for its information exchange programs and expanding the global adoption of its crypto-asset reporting standards.
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June 30, 2025
OECD Program Is Benefiting Developing Nations, Report Says
An Organization for Economic Cooperation and Development program aimed at helping developing countries improve their abilities to address the challenges of international taxation has been largely beneficial and effective, though there is room for improvement, a survey released by an independent economic research company said Monday.
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June 27, 2025
Trump Ends Canada Trade Talks Over Digital Services Tax
The U.S. is ending trade negotiations with Canada because of the country's digital services tax, President Donald Trump said Friday, days before tech giants are due to file their first returns for the 3% charge on revenues they earn from Canadians.
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June 27, 2025
US, China Finalize Part Of Trade Agreement
The U.S. and China recently finalized an agreement to remove certain American trade barriers in exchange for jumpstarting critical Chinese export approvals, according to remarks made by Chinese government officials Friday.
Expert Analysis
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How AI May Reshape The Future Of Adjudication
As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.
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When Legal Advocacy Crosses The Line Into Incivility
As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.
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Attacks On Judicial Independence Tend To Manifest In 3 Ways
Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.
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Section 899 Could Be A Costly Tax Shift For US Borrowers
Intended to deter foreign governments from applying unfair taxes to U.S. companies, the proposal adding new Section 899 to the Internal Revenue Code would more likely increase tax burdens on U.S. borrowers than non-U.S. lenders unless Congress limits its scope, says Michael Bolotin at Debevoise.
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Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use
The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.
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In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.
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How Attorneys Can Become Change Agents For Racial Equity
As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.
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Adapting To Private Practice: From US Attorney To BigLaw
When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.
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The Ins And Outs Of Consensual Judicial References
As parties consider the possibility of judicial reference to resolve complex disputes, it is critical to understand how the process works, why it's gaining traction, and why carefully crafted agreements make all the difference, say attorneys at Pillsbury.
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The BigLaw Settlements Are About Risk, Not Profit
The nine Am Law 100 firms that settled with the Trump administration likely did so because of the personal risk faced by equity partners in today's billion‑dollar national practices, enabled by an ethics rule primed for modernization, says Adam Forest at Scale.
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Customs Fraud Enforcement In The Age Of Tariffs
In the wake of the Trump administration’s new approach toward tariffs, two recent Justice Department developments demonstrate aggressive customs fraud enforcement, with the DOJ emphasizing competitive harm to American businesses, and signaling that investigations will likely involve both civil and criminal enforcement tools, say attorneys at Bernstein Litowitz and London & Naor.
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Power To The Paralegals: An Untapped Source For Biz Roles
Law firms looking to recruit legal business talent should consider turning to paralegals, who practice several key skills every day that prepare them to thrive in marketing and client development roles, says Vanessa Torres at Lowenstein Sandler.
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How Trucking Cos. Can Keep Rolling Under Tariff Burdens
Recent Trump administration tariffs present major challenges for the transportation and logistics sector — and, in particular, trucking — but providers who focus on operational efficiency, cost control, customer relationships, creative contract structures and unique offerings will stand out from the competition, say attorneys at Benesch.