International

  • May 01, 2026

    Australia Moves To Update Global Minimum Tax Laws

    Australia has introduced draft amendments to align its 15% global minimum tax rules with guidance issued by the Organization for Economic Cooperation and Development, the Department of the Treasury said Friday.

  • May 01, 2026

    Kostelanetz Adds Ex-IRS Criminal Investigation Chief In NY

    Kostelanetz LLP has hired a former chief of the U.S. Internal Revenue Service's law enforcement branch who spent more than 30 years there investigating tax and financial crime, domestically and abroad, the firm announced Friday.

  • May 01, 2026

    Texas Plastics Co. Seeks To Nix Full Captive Rules In 5th Circ.

    A plastics company is appealing a Texas district court's decision to partially vacate IRS regulations that listed captive insurance as potentially abusive tax avoidance schemes and will ask the Fifth Circuit to strike down the entire set of regulations, according to a notice.

  • May 01, 2026

    IRS Failed To Vet GILTI Regs For Small Biz, Court Told

    The Internal Revenue Service failed to assess how final regulations implementing the 2017 tax law's global intangible low-taxed income regime would affect small businesses, an Israeli law firm told the D.C. federal court Friday, arguing the rules violate administrative law.

  • May 01, 2026

    UK Man Agrees To Guilty Plea In $60M Tax Evasion Scheme

    A former business executive has agreed to plead guilty to conspiracy to defraud the Internal Revenue Service, following an order to extradite him to the U.S. over allegations that he and five other men helped wealthy American clients hide their income.

  • May 01, 2026

    UK Leads OECD In Taxing Wealth, Think Tank Says

    The U.K. raises more revenue from taxes on wealth than any other country in the Organization for Economic Cooperation and Development, and implementing a wealth tax wouldn't generate as much money as existing levies, a think tank said in a report published Friday.

  • April 30, 2026

    Trump To Drop Scottish Whiskey Tariffs After UK Royal Visit

    The U.S. will grant imported whiskey from the United Kingdom preferential tariff treatment following the visit to the U.S. by King Charles and Queen Camilla, President Donald Trump said on social media Thursday.

  • April 30, 2026

    Md. To Weigh Extension Of Foreign Earned Income Exemption

    Maryland will study whether to clarify and codify its existing practice of extending a federal exemption for certain foreign earned income to apply to state income taxes under a Senate bill signed by Democratic Gov. Wes Moore.

  • April 30, 2026

    Critical Mineral Restrictions Up 500% From 2009, OECD Says

    Global export restrictions on critical raw materials that are key for digital and renewable energy technologies increased fivefold between 2009 and 2024, which could lead to greater risks of supply chain vulnerabilities, the Organization for Economic Cooperation and Development said.

  • April 30, 2026

    Gabon Lacking In Tax Transparency Standards, OECD Says

    Gabon was rated as noncompliant with tax transparency standards, while Guinea, Montserrat and Niue have room to improve on their legal frameworks, according to peer reviews published by the OECD.

  • April 30, 2026

    Meta Made $8B From Treasury Guidance On Minimum Tax

    Meta Platforms Inc. booked a more than $8 billion tax benefit from U.S. Treasury Department guidance on the corporate alternative minimum tax that allowed taxpayers to reduce the tax's base, the company said.

  • April 30, 2026

    EU Top Court Backs Lithuania's VAT Interest In Fraud Case

    The European Union's top court ruled Thursday that Lithuania was entitled to charge default interest on value-added tax arrears to a company facing tax fraud claims because a fixed-rate system that doesn't allow case-by-case reductions can be proportionate under EU law.

  • April 30, 2026

    5th Circ. Tosses FCA Suit Against IT Firm Over Visa Fraud

    The Fifth Circuit upheld the dismissal of a man's claims that an India-based information technology and professional services firm violated the False Claims Act via fraudulent visa applications and improper tax withholding, finding no specific payment obligations under the FCA itself.

  • April 30, 2026

    Wyden Asks IRS To Probe Lawyers For Puerto Rico Tax Advice

    Sen. Ron Wyden, D-Ore., said Thursday that he has asked the IRS to investigate whether two attorneys "inaccurately advised" wealthy individuals that they could avoid taxes on capital gains accrued in the U.S. before becoming residents of Puerto Rico.

  • April 30, 2026

    Germany's Budget Plan Sets Stage For Income Tax Changes

    Germany shared an outline Wednesday for its 2027 budget that includes income tax relief for low and midlevel earners.

  • April 29, 2026

    Canadian Real Estate Broker Wins Cut To Taxable Income

    A real estate broker who represented himself before Canada's Tax Court won a reduction of more than CA$81,000 ($59,000) to his taxable income by challenging the tax authority's characterization of his finances.

  • April 29, 2026

    Customs Says First Tariff Refunds Will Be Issued In May

    Customs and Border Protection expects the first refunds for tariffs paid under the global regime struck down by the U.S. Supreme Court to be issued May 11, according to an order published at the U.S. Court of International Trade.

  • April 29, 2026

    More UK Businesses Face Crisis Over Taxes, War, Report Says

    The number of U.K. businesses near collapse increased by almost 37% with rising taxes ahead of the economic fallout of the Iran war, an insolvency firm warned in a report Wednesday.

  • April 29, 2026

    Finland Looks To Cut Corporate Tax Rate To 18%

    Finland is looking at cutting its corporate tax rate from 20% to 18% and extending loss carryforwards to attract investment amid sluggish economic growth, according to its Ministry of Finance.

  • April 29, 2026

    EU Takes Hungary To Court Over Retail Tax Regime

    The European Union will pursue a case against Hungary in the European Court of Justice over the country's retail tax regime, a framework that the EU deems discriminatory against foreign firms, the bloc announced Wednesday.

  • April 28, 2026

    Meta Says Tax Court Has Jurisdiction Over Interest Claim

    The U.S. Tax Court has jurisdiction over whether Meta is due a refund of interest for 2019 because the company claimed an overpayment for that year along with its challenge to deficiencies assessed in 2017, 2018 and 2019, the social media giant argued.

  • April 28, 2026

    Australia Wants Online Cos. To Pay News Media Or Be Taxed

    Australia has opened a second consultation on a 2.25% digital services tax that would be imposed on large social media companies and search engines if they don't pay Australian news organizations to publish their work.

  • April 28, 2026

    IRS Wrongly Expanded Accounting Fix Limits, 2nd Circ. Told

    The U.S. Tax Court improperly broadened the scope of rules that let the IRS adjust accounting methods when it recast a hedge fund's financial instruments as abusive tax avoidance arrangements, a tax counsel association told the Second Circuit, warning this is overreach that would hurt tax administration.

  • April 28, 2026

    EU Panel Seeks Fixes For 'Imbalances' From Pillar 2 Carveout

    European companies are disadvantaged by the exemption that U.S. multinational corporations get from a 15% global minimum tax known as Pillar Two, according to a European Parliament committee, which called for solutions to correct "structural imbalances" under this dynamic.

  • April 28, 2026

    Korean Court Cancels $46.6M Of Netflix's Tax Bill, Report Says

    Netflix on Tuesday secured the cancellation of 68.7 billion won ($46.6 million) in taxes imposed by the Korean government in a dispute over the characterization of payments to a Dutch subsidiary, in a partial victory at a Seoul court, according to a news report.

Expert Analysis

  • 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.

  • 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.

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