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April 01, 2026
India Signs Record Number Of Transfer Pricing Agreements
India signed a record number of advance pricing agreements, nearly 220, during its 2025-26 fiscal year, bringing the country's total number of concluded agreements above 1,000, according to its tax authority.
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April 01, 2026
Denmark Leads On Tax Burden As EU Reports Revenue Bump
EU member states collected €7.1 trillion ($8.2 trillion) in taxes in 2024, a 5.6% increase from a decade-low total in 2023, according to a news release from the European Commission.
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April 01, 2026
India Exempts Old Foreign Investments From Avoidance Rule
Foreign investors in Indian securities will not be subject to tougher scrutiny for tax avoidance with respect to gains from transactions made prior to April 2017 as of Wednesday, the country's Ministry of Finance said.
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April 01, 2026
NYSBA Urges Broader Doc. Rules In Treasury's Sourcing Regs
The U.S. Treasury Department should provide more flexibility for documentation requirements in upcoming guidance for determining the source of payments in certain securities lending transactions, the New York State Bar Association's Tax Section said.
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March 31, 2026
Tariff Refunds On Liquidated Goods To Come, Customs Says
U.S. Customs and Border Protection will enable refunds for imports already liquidated that were subject to tariffs struck down by the U.S. Supreme Court, but that functionality still requires more time to develop, according to an official's declaration filed Tuesday in the U.S. Court of International Trade.
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March 31, 2026
APAs Continue To Drop From 2023 Record, IRS Says
The Internal Revenue Service finalized fewer advance pricing agreements for U.S. multinational corporations in 2025 following peak levels seen in previous years, according to a report from the agency.
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March 31, 2026
HMRC Gives Guidance Ahead Of Digital Tax Reporting Rollout
Britain's tax authority issued guidance on software and recordkeeping before its plan to digitalize tax reporting for an estimated 864,000 people comes into force April 6.
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March 31, 2026
US Biz Group Asks EU To Limit Tax Abuse Rules' Application
The European Union's anti-tax abuse provisions should be limited to situations where avoidance is a genuine risk, and the 15% global minimum tax should take precedence over the tax avoidance directive when inconsistencies arise, a U.S. business lobbying group told the bloc.
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March 31, 2026
EU Resists Calls To Suspend Carbon Tax On Fertilizers
The European Union's executive branch expressed caution over a call from member countries to exempt imported fertilizers from the bloc's carbon leakage levy in support of farmers amid price rises linked to the U.S.-Iran war.
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March 30, 2026
FinCEN Cautions On Benefits Fraud, Floats Tipster Award Plan
The U.S. Department of the Treasury's illicit finance watchdog called Monday for banks to step up monitoring for Medicare and Medicaid fraud, issuing new guidance on flagging suspicious activity, which came as officials also moved to incentivize financial crime reporting with new draft rules to offer tipster rewards.
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March 30, 2026
Emmerson Seeks $1.22B From Morocco Over Potash Mine
British mining company Emmerson PLC on Monday submitted its arguments before an international tribunal based on Morocco's purported breaches of a bilateral investment treaty, accusing the country of expropriating a potash mine in a $1.22 billion arbitration case.
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March 30, 2026
Morgan Lewis Brings On More Tax Pros From Baker McKenzie
Morgan Lewis & Bockius LLP announced Monday it has welcomed a four-member Baker McKenzie team with experience in tax and transfer pricing to the firm's New York office.
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March 30, 2026
UK-Peru Tax Treaty Reaches Final Step In UK
Britain's Foreign Office said Monday that the Peru-U.K. treaty to eliminate double taxation between the two countries has been presented to Parliament for review, which will complete its final step in the U.K.
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March 27, 2026
Canada Gov't Gets Procedural Win In Transfer Pricing Dispute
The Tax Court of Canada rejected a roof and insulation company's challenge against the government's decision to deny deductions for royalty payments to a foreign affiliate, holding that it doesn't have jurisdiction to adjust the company's cross-border pricing.
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March 27, 2026
US Takes $89M Perrigo Economic Substance Fight To 6th Circ.
The U.S. government is appealing a Michigan federal court's conclusion that Perrigo overpaid $89.2 million in taxes, which was based on a finding that the company's transactions with a foreign affiliate had economic substance rather than sole tax avoidance purposes.
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March 27, 2026
UK College Wins VAT Dispute Over Tax Status Of Funding
A technical college providing free courses to students with U.K. government funding was right to treat the funding as consideration for its taxable supply of services, making it subject to value-added tax that could be recovered from HM Revenue & Customs, a London court ruled Friday.
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March 27, 2026
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen Apple hit back at a tech company's wireless charging patent claim, a flurry of businesses bring COVID-19 pandemic insurance claims as a key deadline draws closer and Ipulse Partners LLP file a claim against a luxury yacht company it represented in a trademark dispute. Here, Law360 looks at these and other new claims in the U.K.
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March 27, 2026
No £21M VAT Refund For German Pharma Co., UK Court Says
A German pharmaceutical manufacturer isn't owed nearly £21.5 million ($28.5 million) in value-added tax refunds for the rebated portion of products it supplied to the U.K.'s National Health Service, the Upper Tribunal said in a reversal, finding that a lower court misapplied EU court precedent.
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March 27, 2026
Revamped EU Customs Will Have New Anti-Abuse Measures
The European Commission will have the power to take EU member states to court if they abuse a newly announced fast-track customs scheme by allowing noncompliant firms to benefit, a European Union official said Friday.
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March 26, 2026
Recovery Of State Aid Can't Target Related Cos., ECJ Advised
The European Commission overstepped when it ordered Belgium to recover unlawful state aid not just from companies that received tax exemptions but from every member of their corporate groups, an adviser to the European Union's top court said Thursday.
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March 26, 2026
4 Key Questions On Tariff Investigations
The U.S. announced a bevy of new trade investigations this month to underpin a tariff regime intended to replace duties struck down by the U.S. Supreme Court, but questions remain about the fate of deals struck with trading partners and whether importers will face higher tariffs. Here, Law360 examines four questions on the implications of those investigations.
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March 26, 2026
Italy's Tax Regime Doesn't Flout EU Law, Court Adviser Says
Italy isn't breaking with European Union law by limiting tax deductions on certain intercompany interest payments, an adviser to the EU's top court said Thursday, holding the provision is nondiscriminatory because it looks at the location of assets, not entities.
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March 26, 2026
Wet Suits Don't Qualify For Lower Duty Rate, UK Court Rules
A London court on Thursday rejected a wet suit company's effort to secure a lower rate of customs duty on its products, agreeing with the U.K.'s tax authority that the items shouldn't be classified as rubber.
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March 26, 2026
Iran War Energy Tax Relief Must Be Temporary, OECD Says
Tax reductions to protect consumers from energy price rises linked to the Iran war must be targeted, temporary and hold incentives to lower energy use, the Organization for Economic Cooperation and Development said Thursday.
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March 26, 2026
EU Parliament Approves US Trade Deal With New Conditions
The full European Parliament voted Thursday to approve a set of contingencies on the European Union's trade deal with the U.S. that would implement major tariff cuts, including the ability to suspend the agreement if President Donald Trump raises tariffs or introduces new ones.
Expert Analysis
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Reading The Tea Leaves On Mexico, Canada And China Tariffs
It's still unclear whether the delay in the imposition of U.S. tariffs on Canadian and Mexican imports will result in negotiated resolutions or a full-on trade war, but the outcome may hinge on continuing negotiations and the Trump administration's possible plans for tariff revenues, say attorneys at Eversheds Sutherland.
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How Design Thinking Can Help Lawyers Find Purpose In Work
Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.
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The Pros And Cons Of A 2nd Trump Term For UK Tech Sector
While U.S. President Donald Trump’s protectionist stance on trade could disrupt global supply chains on which many U.K. tech firms are reliant, anticipated deregulation could provide fertile ground for investment and growth, and the U.K. tech sector is bracing for a mix of opportunities, say lawyers at Shoosmiths.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.
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A Look At A Possible Corporate Transparency Act Exemption
Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.
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Inconsistent Injury-In-Fact Rules Hinder Federal Practice
A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.
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In-House Counsel Pointers For Preserving Atty-Client Privilege
Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.
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Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example
Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.
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Accountant-Owned Law Firms Could Blur Ethical Lines
KPMG’s recent application to open a legal practice in Arizona represents the first overture by an accounting firm to take advantage of the state’s relaxed law firm ownership rules, but enforcing and supervising the practice of law by nonattorneys could prove particularly challenging, says Seth Laver at Goldberg Segalla.
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AI Will Soon Transform The E-Discovery Industrial Complex
Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.
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Unpacking The Legal Foundation Of Trump's New Trade War
President Donald Trump's recent executive orders and proclamations regarding emergencies at the U.S. border are based on statutory powers enabling a president to address extraordinary external threats — and could be used to fend off legal challenges to the tariffs levied on Mexican and Canadian goods, says Chris Zona at Mandelbaum Barrett.
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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.