International
-
December 02, 2025
Zimbabwe Budget Includes 15% Digital Services Tax
Zimbabwe is planning to add a 15% digital services tax carried out through a withholding mechanism and to remove the revenue threshold for its existing DST, according to a budget put forward for next year.
-
December 02, 2025
Thai Cabinet Backs Carbon Tax, Border Tax, Emissions Trading
Thailand would institute a carbon tax, emissions trading system and carbon-border adjustment mechanism under the country's first comprehensive climate bill, approved Tuesday by the country's cabinet.
-
December 02, 2025
Watchdog Says It Warned UK Treasury Of Budget Leak Risks
The U.K. Office for Budget Responsibility warned senior HM Treasury officials about the risks of leaks of the autumn budget before the document was accidentally revealed early, the watchdog's officials told a parliamentary committee Tuesday.
-
December 02, 2025
Most Countries Compliant With Data Exchanges, OECD Says
Many countries are on track with implementing a data-swapping network under global guidelines to exchange financial and tax information, but more could be done to enforce reporting requirements for banks, the Organization for Economic Cooperation and Development said Tuesday.
-
December 01, 2025
Trump Tariff Refund Rights Should Be Preserved, Costco Says
The federal government should have to refund President Donald Trump's emergency tariffs paid by Costco Wholesale Corp., the company told the U.S. Court of International Trade.
-
December 01, 2025
Couple Can't Deduct Int'l Business Expenses, Tax Court Says
A Kansas couple cannot deduct expenses on their personal income tax returns for money sent to two foreign corporations co-owned by the husband because they weren't classified as pass-through entities, the U.S. Tax Court said in an opinion released Monday.
-
December 01, 2025
Swiss Voters Reject Inheritance Tax To Tackle Climate Change
Swiss citizens voted against a proposed inheritance tax that would have targeted assets over 50 million Swiss francs ($62 million) to raise funds for climate change initiatives.
-
December 01, 2025
Morgan Stanley Fined €101M For Dutch Dividend Tax Evasion
Morgan Stanley will pay €101 million ($117 million) in criminal penalties to the Netherlands government to resolve accusations that the global investment bank exploited a Dutch law to evade dividend taxes, prosecutors announced.
-
December 01, 2025
Danish Co. Owner Liable For $280K VAT, Court Says
The owner of a defunct computer programming company is liable for nearly 1.8 million kroner ($280,000) in value-added taxes assessed on payments for his subcontractual work, according to a decision by the National Tax Court released by the Danish Tax Agency.
-
December 01, 2025
Harman Settles Claims It Skipped Duties On Chinese Products
Audio electronics company Harman International Industries Inc. has agreed to pay $11.8 million to settle allegations that it evaded U.S. antidumping and countervailing duties on imported electronic components from China.
-
November 28, 2025
ECJ Allows Portugal's Tax Checks On Foreign Pension Funds
Portugal could impose stricter requirements on non-resident pension funds that claim a tax exemption when proportionate, despite the European Union's rules on freedom of movement for capital, the bloc's top court has ruled.
-
November 26, 2025
Switzerland Delays Crypto Info Swaps With Tax Authorities
Switzerland will not automatically exchange information on cryptocurrency accounts with foreign tax authorities until at least 2027, although rules governing the exchanges are being adopted into law, the country's executive branch said Wednesday.
-
November 26, 2025
UK Budget A Lose-Lose For Employers And Workers
Unemployment is forecast to grow and wages are likely to fall as employers, yet to feel the worst of last year's increase to their national insurance contributions, seek to alleviate the cost of the rising tax burdens announced in Wednesday's Budget.
-
November 26, 2025
UK Launches Reward Program For Tax Fraud Whistleblowers
The U.K. government launched a reward program on Wednesday for whistleblowers who report large-scale tax fraud to HM Revenue and Customs, offering informants significant payouts if investigators can claw back sizable amounts of tax.
-
November 26, 2025
UK Cuts ISA Allowance To Push Cash-Rich Toward Investing
The government will cut the tax-free allowance that under-65s can pay into a cash individual savings account each year to £12,000 ($15,854) from the current £20,000, effective from April 2027, to push savers with extra cash toward investment markets.
-
November 26, 2025
5 Takeaways From Eaton Trial On Acquisition Financing, Part 1
The first part of Eaton’s closely watched U.S. Tax Court trial over the company’s financing of a 2012 acquisition has wrapped up, and the judge's questions to witnesses during the first two and a half weeks reveal that he’s leaning the government’s way on at least one of the central questions in the case. Here, Law360 offers five takeaways from the trial held Nov. 3-19, then resuming Dec. 4.
-
November 26, 2025
Law Firms Spared Partnership Tax Grab In UK Budget
The absence of a rumored increase in national insurance contributions for limited liability partnerships in the chancellor's U.K. budget statement on Wednesday suggested that the proposal might have been quietly shelved after heavy lobbying from the legal sector.
-
November 26, 2025
Weil Elects 17 New Partners In US, Europe
Weil Gotshal & Manges LLP has elected 17 lawyers to join its partnership as part of a wider round of promotions in which the firm has also boosted its counsel numbers.
-
November 26, 2025
Gov't To Boost Pensions For UK Retirees Hit By Inflation
The U.K. government said Wednesday it plans to increase benefits for retirees who have seen their pensions eroded over the years by inflation.
-
November 26, 2025
UK To Limit Pension Tax Breaks, Raising Retirement Concerns
The U.K. government said Wednesday it will reduce tax breaks on pension salary-sacrifice arrangements, despite fears it could leave millions worse off in retirement.
-
November 26, 2025
Gov't Extends Income Tax Threshold Freeze In UK Budget
The U.K. government will extend the freeze on income tax thresholds as part of its plans to raise £26 billion ($34 billion) in tax revenue without raising rates, Chancellor of the Exchequer Rachel Reeves announced Wednesday.
-
November 25, 2025
Profit Shifting Signs Persist Despite Waning, OECD Says
Signs of profit shifting by multinational companies remain persistent despite some abatement over the past several years, the Organization for Economic Cooperation and Development said Tuesday.
-
November 25, 2025
4 Things To Watch As UK Releases Budget
The U.K.'s Labour government is set to release an autumn budget Wednesday that faces a test of balancing a pledge not to raise working people's taxes with an expected need to boost revenue to meet fiscal rules. Here are four things to watch for as the budget is issued.
-
November 25, 2025
IRS To Propose Regs On Repeal Of CFC Tax Year Deferral
The IRS intends to issue proposed regulations that address the repeal of a provision that allowed a controlled foreign corporation to begin its tax year one month earlier than its majority shareholder in the U.S., the agency said Tuesday.
-
November 25, 2025
Half A Million Pensioners 'At Risk Of Paying Income Tax'
An additional half a million state pensioners would pay income tax if the government extends the freeze on thresholds for another two years, a former pensions minister has said.
Expert Analysis
-
Navigating Antitrust Risks When Responding To Tariffs
Companies should assess competitive perils, implement compliance safeguards and document independent decision-making as they consider their responses to recent tariff pressures, say attorneys at White & Case.
-
Key Points From HMRC's Tax Reform Proposals
Although HM Revenue & Customs’ recent proposals for reform of U.K. transfer pricing and permanent establishment rules align with the latest international consensus, certain amendments may lead to future controversy, say lawyers at Skadden.
-
Adapting To Private Practice: From US Rep. To Boutique Firm
My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.
-
IRS Should Work With Industry On Microcaptive Regs
The IRS should engage with microcaptive insurance owners to develop better regulations on these arrangements or risk the emergence of common law guidance as taxpayers with legitimate programs seek relief in the federal courts, says Dustin Carlson at SRA 831(b) Admin.
-
What To Note As UK Adopts OECD Crypto Disclosure Rules
With the U.K.’s recent announcement that it will adopt the Organization for Economic Cooperation and Development's crypto-asset reporting framework, users and providers will benefit from understanding the context surrounding the decision and the framework's intended goal of clamping down on tax evasion, say lawyers at Brown Rudnick.
-
Senate's 41% Litigation Finance Tax Would Hurt Legal System
The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.
-
Trade In Limbo: The Legal Storm Reshaping Trump's Tariffs
In the final days of May, decisions in two significant court actions upended the tariff and trade landscape, so until the U.S. Supreme Court rules, businesses and supply chains should expect tariffs to remain in place, and for the Trump administration to continue pursuing and enforcing all available trade policies, say attorneys at Ice Miller.
-
Move Beyond Surface-Level Edits To Master Legal Writing
Recent instances in which attorneys filed briefs containing artificial intelligence hallucinations offer a stark reminder that effective revision isn’t just about superficial details like grammar — it requires attorneys to critically engage with their writing and analyze their rhetorical choices, says Ivy Grey at WordRake.
-
9th Circ. Has Muddied Waters Of Article III Pleading Standard
District courts in the Ninth Circuit continue to apply a defunct and especially forgiving pleading standard to questions of Article III standing, and the circuit court itself has only perpetuated this confusion — making it an attractive forum for disputes that have no rightful place in federal court, say attorneys at Gibson Dunn.
-
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.
-
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.
-
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.
-
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.