International

  • May 20, 2026

    UK Extends Cut To Fuel Tax As War In Iran Raises Prices

    The U.K. will extend a tax cut of 5 pence (7 cents) per liter of fuel through the rest of the year to address higher prices linked to the war in Iran, the government said Wednesday.

  • May 20, 2026

    Hong Kong Seeks To Adopt Crypto Tax Transparency System

    Hong Kong's government will ask lawmakers to adopt the OECD's crypto asset reporting framework next month, expects the system to take effect next year and anticipates exchanges between tax authorities to start in 2028, the territory's tax authority said Wednesday.

  • May 20, 2026

    Hong Kong Hikes Transaction Tax For High-End Homes

    Hong Kong lawmakers adopted legislation Wednesday to hike the rate of a tax on residential real estate transactions valued above HK$100 million ($12.7 million).

  • May 20, 2026

    KC Used Expertise To Dodge £2M In Tax, Prosecutors Say

    A senior tax barrister cheated the public purse out of almost £2 million ($2.7 million) through a series of "elaborate arrangements," a prosecutor said on the first day of the lawyer's criminal trial on Wednesday.

  • May 19, 2026

    States Tell CIT To Reject Gov't's Request To Stay Tariff Ruling

    The federal government's arguments to stay a permanent injunction against the collection of President Donald Trump's temporary global duties for two small businesses and the state of Washington while it appeals the ruling are overblown, a coalition of states told the U.S. Court of International Trade on Tuesday.

  • May 19, 2026

    Costco Calls Suit Over Tariff Refunds Premature

    Costco urged an Illinois federal court to toss a putative consumer class action seeking to recoup the higher costs that shoppers paid under President Donald Trump's global tariffs, contending that the case is premature in the wake of uncertain corporate refunds. 

  • May 19, 2026

    IRS Finalizes Changes To Partnership Interest Sales

    The IRS issued final regulations Tuesday that remove a requirement for partnerships to include information in tax returns to help partners who sold interests in businesses with noncapital assets determine their gain or loss, preserving the rules as proposed last year.

  • May 19, 2026

    UK Eyes Property Tax Charge For Multimillion-Pound Homes

    The U.K. government is seeking feedback on a property tax surcharge for homes worth at least £2 million ($2.67 million), according to a consultation launched Tuesday.

  • May 19, 2026

    Ride-Hail App Bolt Can't Get £190M VAT Break, HMRC Argues

    Ride-hailing company Bolt shouldn't be able to claim a £190 million ($254.3 million) value-added tax exemption for travel agents and tour operators because its drivers provide transportation and don't lead tours or book vacations, the U.K.'s tax authority argued before a London court on Tuesday.

  • May 19, 2026

    Maynard Nexsen Adds Transactional Tax Pro In NC

    Maynard Nexsen PC announced that it has added a partner to the firm's tax practice group from Nelson Mullins Riley & Scarborough LLP, adding that the Charlotte, North Carolina, hire brings expertise in transactional tax structuring and planning.

  • May 18, 2026

    Ex-Austrian Bank CEO To Plead Out In $170M Odebrecht Case

    The former CEO of Austrian lender Meinl Bank AG who was extradited from the U.K. has reached a tentative deal to resolve criminal charges that he helped Odebrecht SA hide $170 million in funds used to bribe officials around the world and defraud the Brazilian government, a Brooklyn federal court heard Monday.

  • May 18, 2026

    Timing Wrinkle Could Muddle Foreign Currency Tax Rules

    The U.S. Treasury Department has signaled plans to simplify the process for determining the taxable corporate income of affiliates that conduct business in foreign currencies, but the unclear timeline of upcoming guidance could complicate compliance initially.

  • May 18, 2026

    HMRC Wins Appeal In £56M Supplements Dispute

    A supplements provider can rely only on expert evidence limited to the nutritional quality of the products in a £56 million ($75 million) value-added tax dispute with HM Revenue & Customs, a London tribunal said in a ruling siding with the tax agency released Monday.

  • May 18, 2026

    Switzerland Should Repeal Global Minimum Tax, Study Says

    Switzerland should repeal the 15% global minimum tax because it's far short of worldwide adoption, the United States' exemption could damage Swiss tax revenues and legal risks could trigger large refunds, according to a study published Monday by academics commissioned by a business lobby.

  • May 18, 2026

    K&L Gates Tax Trio Joins Holland & Knight In Dallas

    Holland & Knight LLP announced Monday that three Dallas-based state and local tax attorneys from K&L Gates LLP have joined the firm's tax, executive compensation and benefits practice.

  • May 18, 2026

    Some Gov'ts To Waive Late Filing Fees For Global Min. Tax

    Most jurisdictions with global minimum tax measures have agreed to waive late-filing penalties this year if they lack the means to receive the first specialized tax returns due under the system and if companies timely file elsewhere among a network for exchanging returns, the Organization for Economic Cooperation and Development said Monday.

  • May 18, 2026

    Spain To Pay Shakira €60M After Tax Fraud Acquittal

    The Spanish government must pay Shakira over €60 million ($70 million), including interest, after a Madrid court acquitted the Colombian singer of allegations of tax fraud in a long-running dispute over her residency status, the court announced Monday.

  • May 18, 2026

    HMRC Says Scottish Power Owes Tax On £28M Redress

    HM Revenue and Customs told the U.K. Supreme Court Monday that ScottishPower can't dodge paying tax on just over £28 million ($38 million) in redress payments that the energy company made after being investigated for regulatory failures.

  • May 15, 2026

    DC Circ. Hears Russia's Bid To Block $5B Yukos Award

    The Russian Federation's constitution and statutes make clear that Vladimir Putin's administration and Yukos Oil Co.'s financing arm didn't have a valid agreement to arbitrate a dispute that resulted in a nearly $5 billion arbitral award against the country, Russia told the D.C. Circuit Friday.

  • May 15, 2026

    Senators Seek Info From SBA On Tariff Loan Gap

    The top Democratic lawmakers on the U.S. Senate Finance and Senate Small Business committees asked the Small Business Administration for information regarding loans for companies seeking assistance following increased tariff costs, according to a letter made public Friday.

  • May 15, 2026

    Wealth Inequality Worsened By Tax Gap, Think Tank Says

    The tax gap is contributing to the inequality of wealth in the U.K. that has resulted in 350 individuals and families having a combined wealth equivalent to around a quarter of the country's gross domestic product, a think tank said Friday.

  • May 15, 2026

    Trade Probes Likely To Be Strong Bulwark For Trump's Tariffs

    President Donald Trump will likely deploy new tariffs this summer across numerous countries under a law that provides the federal government with its strongest legal footing yet in federal court for a global tariff regime.

  • May 15, 2026

    Taxation With Representation: Cassels, Ropes & Gray

    In this week's Taxation With Representation, Equinox Gold Corp. and Orla Mining Ltd. announce a merger to create a major gold producer, OpenAI plans to form a company to boost adoption of its software across enterprises and private equity firm Apollo acquires trade show operators Emerald Holding and Questex.

  • May 15, 2026

    Tribunal Rejects HMRC's Retroactive Late Payment Penalties

    HM Revenue & Customs cannot retroactively impose late payment surcharges and penalties on an investment manager who arranged for the tax authority to reallocate his earlier payments for tax years tied to failed avoidance schemes, a London court found.

  • May 15, 2026

    Italy Study Says Tax Credits Boosted Investment, Not Output

    An Italian tax credit program that was intended to support the digitalization of Italian industry raised business investment but failed to translate into meaningful productivity gains, according to a review from the Bank of Italy and the national Finance Ministry.

Expert Analysis

  • AI Evidence Rule Tweaks Encourage Judicial Guardrails

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    Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.

  • The Law Firm Merger Diaries: Getting The Message Across

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    Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.

  • Horizontal Stare Decisis Should Not Be Casually Discarded

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    Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.

  • 10 Commandments For Agentic AI Tools In The Legal Industry

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    Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.

  • The Law Firm Merger Diaries: How To Build On Cultural Fit

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    Law firm mergers should start with people, then move to strategy: A two-level screening that puts finding a cultural fit at the pinnacle of the process can unearth shared values that are instrumental to deciding to move forward with a combination, says Matthew Madsen at Harrison.

  • Rare Tariff Authority May Boost US Battery Manufacturing

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    Finalizing preliminary tariffs on active anode material from China — the result of a rare exercise of statutory authority finding that foreign dumping hampered the development of a nascent U.S. industry — should help domestic battery manufacturing, but potential price increases could discourage related clean-energy use, say attorneys at MoloLamken.

  • Considerations When Invoking The Common-Interest Privilege

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    To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.

  • The Law Firm Merger Diaries: Making The Case To Combine

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    When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.

  • Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar

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    Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.

  • 8th Circ. Decision Shipwrecks IRS On Shoals Of Loper Bright

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    The Eighth Circuit’s recent decision invalidating transfer pricing regulations in 3M Co. v. Commissioner may be the most significant tax case implementing Loper Bright's rejection of agency deference as a judicial tool in statutory construction, says Edward Froelich at McDermott.

  • Rule Amendments Pave Path For A Privilege Claim 'Offensive'

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    Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.

  • Litigation Funding Could Create Ethics Issues For Attorneys

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    A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.

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