International
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August 29, 2025
Textiles Boss Must Pay Back £90M Stolen In VAT Fraud
The boss of a British textiles company has been ordered to repay more than £90 million ($121 million) from a major tax fraud or face more time in prison, the Crown Prosecution Service said Friday.
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August 28, 2025
Coke Says IRS Taking 'Extreme' Position In $2.7B Dispute
The IRS is taking an "extreme" position in its defense of a $2.7 billion tax ruling against Coca-Cola by asserting that the standard prohibiting arbitrary and capricious actions by an agency doesn't apply to it, the company told the Eleventh Circuit.
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August 28, 2025
UK Plastic Packaging Tax Revenue Dips As Exemptions Rise
The U.K. has collected slightly less revenue from its tax on plastic packaging over the past year as manufacturers have begun using more recycled materials to qualify for exemptions from the levy and imports have declined, HM Revenue & Customs said Thursday.
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August 28, 2025
Australia Aims To Cut 500 Nuisance Tariffs
The Australian government wants to eliminate around 500 of what are known as nuisance tariffs on goods like televisions, air conditioners, tires, glassware and various foods, expecting to save businesses AU$127 million ($83 million) annually in compliance costs, the Treasury said Thursday.
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August 28, 2025
Payroll Co. Loses Bid To Block £1.1M HMRC Debt Petition
A payroll services company cannot block a winding-up petition by HM Revenue & Customs over a debt claim of more than £1.1 million ($1.2 million) in unpaid taxes, a London court ruled in denying the company's bid.
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August 28, 2025
Australia Seeks Feedback On Minimum Tax Filing Exemptions
The Australian Taxation Office is considering rules that would exempt companies that lack top-up tax liabilities from the obligation to file returns for the 15% global minimum tax, according to a consultation launched Thursday.
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August 28, 2025
Ex-Betting Execs Charged With Bribery In Entain Probe
The Crown Prosecution Service said Thursday that it has charged the former chair and chief executive of what is now Entain PLC alongside nine others with bribery, fraud and tax evasion as part of a probe into the gambling company's historic business in Turkey.
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August 27, 2025
US Hits India With 50% Tariff For Buying Russian Oil
The U.S. began imposing a 50% tariff Wednesday on most goods from India, doubling the previous rate that President Donald Trump linked to the country's purchases of oil from Russia, according to a notice by U.S. Customs and Border Protection.
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August 27, 2025
South Africa Calls For Parity On EU Carbon Tax Exemptions
The South African government said the European Union should grant it the same flexibility it plans to give the United States under the carbon border tax set to come into force next year.
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August 27, 2025
New Zealand Floats Foreign Investment, Remote Worker Rules
The New Zealand government proposed a sweeping fiscal bill that includes new tax rules for foreign investment income and nonresident remote workers.
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August 27, 2025
US Tax Compliance To Cost $536 Billion In 2025, Report Says
U.S. taxpayers will spend about $536 billion this year complying with the tax code, largely in what economists call opportunity costs, an amount greater than federal revenues from corporate income tax, the Tax Foundation reported Wednesday.
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August 27, 2025
Co. Has A 'Life' For Inheritance Tax Purposes, UK Court Says
A British corporate trust settlor owes inheritance taxes on £6.5 million ($8.8 million) in contributions, a U.K. court ruled, rejecting the settlor's contention that only individuals can have a "life" for purposes of the tax.
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August 27, 2025
Baker Botts Adds 2 More Lateral Partners In NY
As it touts the addition of 17 lateral partners this year so far, Baker Botts LLP announced Tuesday that it has gained a former Paul Weiss Rifkind Wharton & Garrison LLP attorney focused on executive compensation and transactional tax strategy and a former McDermott Will & Schulte LLP attorney focused on public company and private equity mergers and acquisitions.
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August 27, 2025
UK Gov't Warned Against Insurance Tax Hikes In Fall Budget
The government could inadvertently pile additional pressure on public healthcare if it decided to raise the insurance premium tax rate in the coming budget, a consultancy warned Wednesday.
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August 26, 2025
The Tax Angle: Tariff Troubles, Tipped Income
From a look at the impact of rising tariffs on energy tax credits and issues arising from the deduction for taxes on tips, here's a peek into a reporter's notebook on a few developing tax stories.
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August 26, 2025
Facebook Urges Tax Court To Toss IRS' Royalty Calculations
Facebook asked the U.S. Tax Court to reject the IRS' proposed royalty rate and other calculations for the social media giant's deal with an Irish affiliate to develop intangibles, arguing the agency is attempting to recharacterize the transaction.
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August 26, 2025
South Korea Fined Taxpayers $189M For Unreported Accounts
South Korea's tax authority meted out 263.3 billion won ($189 million) in fines to around 820 individuals last year for failing to disclose their foreign financial accounts after identifying them through intergovernmental exchanges of information, according to a report published Tuesday.
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August 26, 2025
EU Defends Digital Taxes Following Trump's Tariff Threat
The European Commission said Tuesday that it stands by European Union member states keeping digital taxes in place despite President Donald Trump's renewed threats to impose tariffs on countries with measures hitting the U.S. tech giants.
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August 26, 2025
UAE's Domestic Min. Tax Qualified Under OECD Guidance
The United Arab Emirates has completed a transitional self-certification process for its domestic minimum top-up tax so that it qualifies under the Organization for Economic Cooperation and Development's guidance for the 15% global minimum tax system, the country's Finance Ministry said.
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August 25, 2025
Advocate Orgs. Ask DC Circ. To Stop IRS Sharing Info With ICE
Immigrant advocacy groups urged the D.C. Circuit to stop the IRS from sharing taxpayer addresses with immigration authorities, saying the court should consider the substance of their challenge to an unprecedented information sharing deal rather than toss their case on procedural grounds put forward by the government.
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August 25, 2025
Ex-TSA Attorney Among 3 New Lawyers At Kaplan Kirsch
A former Transportation Security Administration attorney is among three lawyers who recently joined Kaplan Kirsch LLP, a Denver-based law firm that specializes in representing state, local and tribal government agencies on projects such as airport expansions and new rail lines.
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August 25, 2025
Romania Says Online Retailers Avoided VAT On $46M In Sales
The Romanian government announced a large-scale operation against over 200 foreign e-commerce companies that it said have sold goods totaling about 200 million Romanian leu ($46 million) into the country without paying value-added taxes.
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August 25, 2025
Big 4 Urge Ireland To Boost R&D Tax Credit System
Ireland should retool its research and development tax credit system, such as by increasing the credit's rate, to continue attracting investment in a changing international tax landscape, the Big Four accounting firms said in comments released Monday.
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August 25, 2025
Poland Planning Corp. Tax Increase On Banks, With Twist
While Poland is planning a sizable increase to its corporate tax rate for banks, it also plans to cut another bank tax, the country's Ministry of Finance said.
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August 22, 2025
Liberty Global $240M Foreign Tax Credit Bid Fails At 10th Circ.
Liberty Global cannot claim $240 million in foreign tax credits for the sale of a Japanese affiliate, the Tenth Circuit ruled Friday, rejecting the telecommunications giant's contention that a statutory provision allows it to recharacterize the proceeds as overseas income.
Expert Analysis
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When Innovation Overwhelms The Rule Of Law
In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.
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Imagine The Possibilities Of Openly Autistic Lawyering
Andi Mazingo at Lumen Law, who was diagnosed with autism about midway through her career, discusses how the legal profession can create inclusive workplaces that empower openly autistic lawyers and enhance innovation, and how neurodivergent attorneys can navigate the challenges and opportunities that come with disclosing one’s diagnosis.
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Litigation Funding Disclosure Debate: Strategy Considerations
In the ongoing debate over whether courts should require disclosure of litigation funding, funders and plaintiffs tend to argue against such mandates, but voluntarily disclosing limited details about a funding arrangement can actually confer certain benefits to plaintiffs in some scenarios, say Andrew Stulce and Marc Cavan at Longford Capital.
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5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
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Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.
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Tax Directive Marks Milestone In Harmonizing EU System
The Council of the European Union’s recently adopted tax directive is a significant step toward streamlining and modernizing procedures for member states, and will greatly reduce administrative burden and compliance costs for cross-border investors, says Martin Phelan at Simmons & Simmons.
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5 Litigation Funding Trends To Note In 2025
Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.
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Rethinking Litigation Risk And What It Really Means To Win
Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.
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Small Biz Caught In Corporate Transparency Act Crossfire
Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.
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No, Litigation Funders Are Not 'Fleeing' The District Of Del.
A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.
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5 E-Discovery Predictions For 2025 And Beyond
In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.
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What's Ahead As Transparency Act Comes To A Crossroads
Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.
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7 Ways 2nd Trump Administration May Affect Partner Hiring
President-elect Donald Trump's return to the White House will likely have a number of downstream effects on partner hiring in the legal industry, from accelerated hiring timelines to increased vetting of prospective employees, say recruiters at Macrae.