International
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July 09, 2025
Businesses, States Tell Fed. Circ. Trump's Tariffs Are Unlawful
The U.S. Court of International Trade correctly determined President Donald Trump's emergency tariffs were improperly imposed under a law that makes no mention of the trade mechanism, a group of states and small businesses told the Federal Circuit, arguing that the duties should be limited under another law.
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July 09, 2025
Romania Planning Tax Hikes To Improve EU's Worst Deficit
The Romanian government has adopted a package of tax measures, including an increase to the value-added tax rate, in an effort to reduce the country's deficit, which is the largest in the European Union.
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July 09, 2025
Baker McKenzie Rehires Int'l Tax Pro As Principal Economist
Baker McKenzie's former director of economics, who spent more than 15 years as an IRS assistant director in a division that focuses on cross-border tax issues, has rejoined the firm after working with EY.
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July 09, 2025
2 Years Later, Germany Still Hasn't Fixed Nonprofit Tax Issue
Germany still hasn't taken any steps to address uncertainty surrounding the tax-exempt status of nonprofits two years after the European Union first identified the issue, the EU's executive arm said.
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July 09, 2025
DSTs Cost American Cos. Nearly $2.8B In 2024, Group Says
The U.S. should continue to leverage its strength to dismantle other countries' digital services tax regimes, an international trade group said Wednesday, pointing to four countries that collected nearly $2.8 billion from American companies last year.
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July 08, 2025
Trump Declares 50% Copper Tariff, Floats 200% Pharma Tariff
President Donald Trump announced Tuesday that he will impose a new 50% tariff on copper imported into the U.S., while also raising the possibility of imposing a 200% tariff on pharmaceuticals.
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July 08, 2025
Trump Tariff Fights Put Spotlight On Major Questions Doctrine
Challenges to President Donald Trump's global tariffs have brought renewed attention to the U.S. Supreme Court's major questions doctrine, including observations that lower courts have so far inconsistently applied this approach when scrutinizing a range of agency actions.
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July 08, 2025
EU Negotiators Aim For US Trade Deal Before August
The European Union aims to secure an agreement with the U.S. government over threatened tariffs before August to end the economic uncertainty around trade, an EU commissioner confirmed Tuesday.
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July 08, 2025
UK Tax Crackdown On Wealthy Aims For £500M By 2030
Planned increases in HM Revenue & Customs' staffing and overall capabilities, including 400 people to focus on risks posed by offshore wealth, are expected to generate an additional £500 million ($678 million) in added tax compliance revenue by the 2029-2030 tax year, the British tax agency said.
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July 08, 2025
Asia-Pacific Tax Ratio Up But Below Average, OECD Says
The average ratio of tax to gross domestic product across 37 jurisdictions in Asia and the Pacific increased to 19.6% in 2023, 0.3 of a percentage point higher than the year prior, though that was still well below the OECD average of 33.9%, the organization said Tuesday.
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July 08, 2025
EU Gives Final Go-Ahead For Bulgaria To Switch To Euro
The Council of the European Union gave its final approval Tuesday for Bulgaria to transition to using the euro next year, with the bloc saying the change will give Bulgarians "real, everyday benefits" like easier cross-border payments and greater access to foreign investment.
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July 07, 2025
Wis. Rep. Pushes 2 Bills To Counter EU's Tech, ESG Rules
A Republican U.S. House representative recently introduced two pieces of legislation over European Union regulations the congressman has deemed to be burdensome to U.S. companies, according to a recent announcement from the representative.
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July 07, 2025
Countries Get August Ultimatum To Avoid US Tariff Hikes
Goods entering the U.S. from numerous countries will face tariff hikes beginning Aug. 1 unless their governments commit to address trade concerns the U.S. has raised, according to letters President Donald Trump sent Monday.
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July 07, 2025
IRS Didn't Mislead Coke In $2.7B Pricing Case, 11th Circ. Told
The IRS did not lure Coca-Cola to continue using a transfer pricing method only to suddenly declare it unlawful, as the beverage giant claims, the agency told the Eleventh Circuit on Monday in opposing the company's bid to reverse a ruling that added $2.7 billion to its tax bill.
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July 07, 2025
Trump Threatens Extra 10% Tariff On BRICS-Aligned Nations
President Donald Trump threatened an additional 10% tariff on any country aligning with what's known as the BRICS coalition, which includes Brazil, Russia, India and China.
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July 07, 2025
Apple's UK Tax Bill Surges On £1B In Profits
U.S. technology giant Apple paid more than £300 million ($409 million) in the U.K. last financial year after reporting profits of more than £1 billion in Britain, according to its company filing.
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July 07, 2025
Sweden Looks To Adopt EU's Min. Tax Reporting Rules
Sweden proposed adopting the European Union's reporting obligations related to the bloc's adoption of the Organization for Economic Cooperation and Development's global corporate minimum tax.
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July 07, 2025
Leaders Of €15M Motor Oil VAT Scheme Convicted, EU Says
Three ringleaders of a €15 million ($17.6 million) value-added tax fraud ring involving motor oil were among 13 people convicted for their roles in the scheme, with Italian courts handing out a combined 34 years in sentences, the European Public Prosecutor's Office said.
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July 07, 2025
Another Arrest Tied To Suspected €195M VAT Fraud
Authorities arrested a person in the Czech Republic believed to have been the ringleader of a cross-border value-added tax fraud scheme with ties to a larger transnational fraud ring suspected of causing €195 million ($228.8 million) in lost VAT, the European Public Prosecutor's Office said.
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July 03, 2025
G7 Deal's Details To Dictate How US Cos. Fare Under Pillar 2
Republicans' international tax changes in their major reconciliation bill that passed Thursday raise questions about the U.S. tax system's ability to coexist with the OECD-designed Pillar Two global minimum tax regime.
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July 03, 2025
Top International Tax Cases To Watch In 2nd Half Of 2025
Major multinational corporations such as 3M and Coca-Cola are expected to continue litigating high-stakes international tax cases in the second half of 2025, including disputes that could test the application of the U.S. Supreme Court's ruling that gutted judicial deference to agencies. Here, Law360 looks at seven key cases to follow the rest of the year.
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July 03, 2025
Federal Tax Policy To Watch In The 2nd Half Of 2025
While the extension of the 2017 GOP tax overhaul consumed much of Congress' attention during the first six months of President Donald Trump's second term, lawmakers have other tax issues on their agenda awaiting action. Here, Law360 examines federal tax policy to watch in the second half of the year.
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July 03, 2025
Top Federal Tax Cases To Watch In 2nd Half Of 2025
In the second half of this year, tax professionals will be keeping an eye on suits challenging the IRS' handling of employee retention tax credits and litigation over new microcaptive insurance regulations, as well as disputes over civil fraud penalties. Here, Law360 looks at the top federal tax cases to monitor during the rest of 2025.
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July 03, 2025
Circuit-By-Circuit Recap: Justices Send Message To Outliers
It was a tough term at the U.S. Supreme Court for two very different circuits — one solidly liberal, one solidly conservative — that had their rulings overturned in eye-popping numbers. But it was another impressive year for a relatively moderate circuit that appears increasingly simpatico with the high court.
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July 03, 2025
The Moments That Shaped The Universal Injunction Case
The U.S. Supreme Court voted along ideological lines when it hindered the ability of federal district court judges to issue nationwide pauses on presidential policies, but that outcome didn't seem like a foregone conclusion during oral arguments earlier this year. What do the colloquies suggest about the justices' thinking? Here are some moments that may have swayed them.
Expert Analysis
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An Associate's Guide To Career Development In 2025
As the new year begins, associates at all levels should consider establishing career metrics, fostering key relationships and employing other specific strategies to help move through the complexities of the legal profession with confidence and emerge as trailblazers, say EJ Stern and Amanda George at Fractional Law Firm.
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Making The Pitch To Grow Your Company's Legal Team
In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.
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Tax Court Should Update Framework For Defining Insurance
The U.S. Tax Court's unnecessary determination in Royalty Management Insurance v. Commissioner that a fraudulent transaction did not contain the hallmarks of a legitimate insurance transaction applies an outdated analysis that threatens the captive insurance sector and illustrates the need for a more modern framework to define true insurance, says Matthew Queen at the Queen Firm.
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When US Privilege Law Applies To Docs Made Outside The US
As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent trademark decision illustrates nuances of both U.S. privilege frameworks and foreign evidentiary protections that attorneys must increasingly bear in mind, say attorneys at Hunton.
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Impact Of Corporate Transparency Act Ambiguity On Banks
Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.
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6 Changes I Would Make If I Ran A Law School
Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.
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Firms Still Have The Edge In Lateral Hiring, But Buyer Beware
Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.
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Think Like A Lawyer: 1 Type Of Case Complexity Stands Out
In contrast to some cases that appear complex due to voluminous evidence or esoteric subject matter, a different kind of complexity involves tangled legal and factual questions, each with a range of possible outcomes, which require a “sliding scale” approach instead of syllogistic reasoning, says Luke Andrews at Poole Huffman.
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Think Like A Lawyer: Note 3 Simple Types Of Legal Complexity
Cases can appear complex for several reasons — due to the number of issues, the volume of factual and evidentiary sources, and the sophistication of those sources — but the same basic technique can help lawyers tame their arguments into a simple and persuasive message, says Luke Andrews at Poole Huffman.
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Litigation Inspiration: Reframing Document Review
For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben.
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3 Ways To Train Junior Lawyers In 30 Minutes Or Less
Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.
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The Bar Needs More Clarity On The Discovery Objection Rule
Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office.
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So You Want To Move Your Law Practice To Canada, Eh?
Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.