International

  • January 19, 2026

    Nomura Denies Overcharging Investor $3.8M To Cover Tax

    The U.K. securities brokering arm of Nomura has rejected a claim that it owes an India-based asset manager more than $3.8 million, denying that it deducted too much money from trades to cover capital gains tax.

  • January 16, 2026

    Oxfam Urges Tax On Billionaires Amid $2.5T Wealth Surge

    Oxfam called for new taxes on the superrich after billionaires saw their collective wealth surge by $2.5 trillion in 2025, according to a report published by the charity Monday.

  • January 18, 2026

    Trump Threatens 10% Tariff To Goad EU Nations On Greenland

    President Donald Trump said he would impose a 10% tariff on several countries in the European Union beginning Feb. 1 as a way to build pressure toward his goal for the U.S. to purchase Greenland, according to a social media post.

  • January 16, 2026

    DOJ Says Wife Owes FBAR Penalties On India Account

    A New York federal court should find that a businessman's wife owes penalties for his failure to report his Indian bank account to the Internal Revenue Service after he deposited $1.5 million from the sale of a New York apartment complex, the U.S. Department of Justice argued Friday.

  • January 16, 2026

    Treasury's Rule Pace Unchanged After Loper Bright, Atty Says

    The U.S. Supreme Court's 2024 landmark decision limiting federal agencies' deference in interpreting ambiguous statutes has not significantly altered the pace and volume of the U.S. Department of the Treasury's rulemaking workload, a Treasury attorney said Friday.

  • January 16, 2026

    IRS Boosts Mediation Training In Appeals, Official Says

    The IRS has ramped up its training of appeals officers to perform mediation work to account for the recent reduction of staff as part of the agency's ongoing emphasis to quickly resolve taxpayer issues through the alternative dispute resolution process, an official said Friday.

  • January 16, 2026

    Taxation With Representation: Stibbe, A&O Shearman, Latham

    In this week's Taxation With Representation, Keurig Dr Pepper Inc. plans to complete its deal to snap up coffee company JDE Peet's NV, Boston Scientific Corp. acquires medical device company Penumbra Inc., and fitness and wellness platform parent Playlist merges with fitness technology company EGYM.

  • January 16, 2026

    China, Canada Agree To Lower Tariffs On EVs, Food

    Canada will drastically cut a 100% tariff on nearly 50,000 imported Chinese electric vehicles and expects China to lower tariffs on canola, lobsters, crabs and peas, Prime Minister Mark Carney said Friday in a news release.

  • January 16, 2026

    German Co. Cites Good Faith In Disputing $1.2M Tax Bill

    A German manufacturer is challenging a $1.2 million tax bill stemming from late information filings, telling the U.S. Tax Court it relied in good faith on its domestic partnership's manager and other qualified professionals.

  • January 16, 2026

    EU Spending Less On State Aid Tax Schemes, Report Says

    Spending on state aid slumped last year across the European Union while tax benefits have remained a muted share of the subsidies offered since the COVID-19 pandemic, the bloc's executive branch said.

  • January 16, 2026

    Spain, US Spell Out Tax Treaty Arbitration Process

    Spain and the United States signed an agreement spelling out the process for binding arbitration under their tax treaty, which requires an independent panel to resolve disputes by selecting only one side's position, according to an IRS announcement Friday.

  • January 16, 2026

    EU Carbon Tax Revenue Triples To €51B

    European Union member states have seen revenue from carbon taxes surge over several years, reaching €51 billion ($59.1 billion), with most of the money coming from businesses, according to official EU data.

  • January 16, 2026

    Denmark Should Raise Taxes On Homeowners, OECD Says

    Denmark should improve housing affordability by raising property taxes on owner-occupied housing or capping the deductibility of mortgage interest, and it should apply capital gains tax to sales of second homes, the OECD said Friday.

  • January 15, 2026

    GM Unit's Transfer Pricing Doesn't Affect VAT, Adviser Says

    A former General Motors subsidiary in Portugal should not have its value-added tax increased after the Portuguese tax authority determined that its bearing the cost of repairing defects amounted to a service to manufacturers, an adviser to Europe's top court said Thursday.

  • January 15, 2026

    US Pillar 2 Deal May Spur Other Nations To Seek Exemptions

    International negotiators designed a 15% corporate minimum tax known as Pillar Two to apply worldwide, but a recently agreed-to carveout for the U.S. may prompt other countries with qualifying alternative regimes to seek similar exemptions that ultimately strain the global system.

  • January 15, 2026

    Guatemala Joins International Tax Policy Forum At OECD

    Guatemala has become the 148th jurisdiction to join the Organization for Economic Cooperation and Development's inclusive framework on base erosion and profit shifting, the OECD said.

  • January 15, 2026

    EU Should Use Tax Transparency For Public Bids, Report Says

    The European Union should require large companies to submit country-by-country tax reports to authorities when bidding for public contracts, a tax transparency group and EU public-sector union said ahead of the bloc revising its public procurement laws.

  • January 15, 2026

    China, Germany Seek To Avoid Double Tax In UN Tax Treaty

    China and Germany want to insert a pledge on avoiding double taxation within the main body of the United Nations framework convention on international tax cooperation, according to letters released by the U.N. 

  • January 15, 2026

    Ryanair Will Cut 2M Flight Seats To Belgium Over Aviation Tax

    Irish budget airliner Ryanair said it will cut 2 million flight seats to and from Belgium over two years because of the country's steep aviation taxes after months of demanding concessions from the Belgian government.

  • January 15, 2026

    Jockey's Cos. Say He Can't Cover £765K In Tax Debt

    An Italian jockey is not able to pay back over £765,500 ($1.02 million) in company tax debt to HM Revenue & Customs following his bankruptcy last year amid a private dispute with the U.K. tax authority, according to company documents.

  • January 15, 2026

    Fiji Joins OECD Transparency Pact As 152nd Member

    Fiji formally joined the Organization for Economic Cooperation and Development's multinational transparency agreement designed to combat tax avoidance Thursday, becoming the 152nd jurisdiction to do so.

  • January 14, 2026

    Trump Imposes 25% Tariff On Select Semiconductor Imports

    President Donald Trump signed executive orders Wednesday taking action on semiconductor and mineral imports, choosing to impose a 25% tariff beginning Thursday on a narrow set of chips and their derivative products while emphasizing dealmaking to secure key minerals.

  • January 14, 2026

    DOJ Asks To Drop Hung Counts In Ex-Gas Co. CFO's Tax Case

    Federal prosecutors asked to drop most of the remaining charges against a Russian gas company's former chief financial officer who was convicted of other tax crimes after failing to secure unanimous support from a jury, according to documents filed in a Florida federal court.

  • January 14, 2026

    Labour Party Won't Block Scottish Budget With Mansion Tax

    The Labour Party will not block plans to implement what is commonly known as a mansion tax in Scotland at a threshold lower than the rest of the U.K. and to raise income tax thresholds to cut taxes for low earners, the party's Scottish leader said Wednesday.

  • January 14, 2026

    Economists Question Integrity Of Judges' Hybrid Methods

    Judges in several recent transfer pricing cases, including Facebook's, have reached their decisions by constructing their own valuation methods using elements of those put forth by both sides — an approach that, while it may lead to fair results, has economists questioning these hybrid methods' integrity.

Expert Analysis

  • How Fractional GCs Can Manage Risks Of Engagement

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    As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.

  • How OECD Tax Update Tackles Mobile Workforce Complexity

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    The Organization for Economic Cooperation and Development’s recently updated model tax convention — a recalibration of international tax principles in response to an increasingly mobile workforce — should prompt companies to reevaluate cross-border operations, transfer pricing policies and tax controversy strategies, say attorneys at Eversheds.

  • A Uniform Federal Rule Would Curb Gen AI Missteps In Court

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    To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.

  • Supreme Court Term Limits Would Carry Hidden Risk

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    While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.

  • Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave

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    The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.

  • 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.

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