International

  • 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.

  • January 13, 2026

    House GOP Floats Framework For 2nd Tax, Reconciliation BIll

    House Republicans laid out their blueprint Tuesday for a budget reconciliation bill this year that would address affordability, outlining goals of eliminating capital gains tax on home sales to first-time homebuyers and repealing the estate tax.

  • January 13, 2026

    Global Min. Tax Remains Robust After US Deal, OECD Says

    Officials from the Organization for Economic Cooperation and Development pushed back Tuesday against the idea that the U.S. had been carved out from the global minimum tax, saying the project remains robust.

  • January 13, 2026

    Pair Say IRS Records Undercut US In $1.8M Tax Dispute

    Internal Revenue Service documents show that a formerly married couple's refund claim was properly received, undermining the government's position that they improperly filed a refund claim for tax penalties of over $1.8 million relating to a foreign trust, they told a Pennsylvania federal court.

  • January 13, 2026

    IRS Asks 3rd Circ. To Uphold $100M Bill Against Hedge Fund

    The Internal Revenue Service urged the Third Circuit to uphold a $100 million tax bill against a Cayman Islands hedge fund, arguing that the fund's U.S.-based investment manager carried out a domestic business beyond merely securing capital.

  • January 12, 2026

    Trump Says 25% Tariff Incoming For Iranian Biz Dealings

    Any country with economic ties to Iran could face a 25% tariff immediately on their goods exported to the U.S., President Donald Trump said Monday on social media.

  • January 12, 2026

    European Union Carrying Out Revised Min. Corp. Tax Regime

    The European Union's executive body is implementing changes to the 15% minimum corporate tax regime across the trade bloc after a renegotiation of Pillar Two last week, according to a notice published Monday.

  • January 12, 2026

    Solar Co. Blames Broker's Error For $6M Tariff Bill

    A renewable energy company wants its customs broker and agent held responsible for over $6 million in antidumping and countervailing duties it had to pay on imported solar panels due to the broker's alleged failure to properly record them.

  • January 12, 2026

    India High Court Rules Post-Merger Shares Can Be Taxed

    The Supreme Court of India ruled that if companies combine to create a new business with shares that are worth more than those of the individual corporations, investors may owe taxes on the difference in value.

  • January 12, 2026

    OECD Issues Guidance On Real-Time Reporting For VAT

    The OECD has released guidance for policymakers on designing mandates for real-time reporting of transactions to tax authorities for value-added tax purposes, which are increasingly being considered and adopted by countries worldwide.

  • January 09, 2026

    US Disputes Right To Trial Before IRS Assesses FBAR Fines

    A California man wasn't entitled to a jury trial prior to the IRS assessing penalties for his failure to report foreign bank accounts because the U.S. Supreme Court decision he cited limiting administrative courts for securities fraud doesn't apply, the government told a California federal court.

  • January 09, 2026

    EU Council Approves Trade Pact With 4 S. American Countries

    A legislative arm of the European Union approved the bloc's free trade agreement with four South American countries Friday, taking steps to create the largest global free trade zone.

  • January 09, 2026

    Taxation With Representation: King & Spalding, Torys, Milbank

    In this week's Taxation With Representation, power generation company Vistra Corp. acquires Cogentrix Energy from Quantum Capital Group, real estate firm Minto Group partners with Crestpoint Real Estate Investments to take Minto's apartment-focused real estate investment trust private, and engineering services provider Jacobs acquires a remaining stake in PA Consulting.

  • January 09, 2026

    China To Cut VAT Export Tax Rebates For Solar Panels

    China will eliminate its value-added tax export rebates for photovoltaic and other related products starting April 1, the country's Ministry of Finance said Friday.

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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