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International
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July 10, 2026
US-Canada Stalemate Expected To Hold Amid USMCA Review
The trade stalemate between the U.S. and Canada is likely to continue through a drawn-out review process for the U.S.-Mexico-Canada Agreement, though companies will benefit from an underlying level of stability as the deal remains in effect, trade lawyers said.
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July 10, 2026
German, Dutch Arrest 2 In €300M VAT Fraud Involving Autos
German and Dutch authorities have arrested two individuals linked to a group involved in a value-added tax fraud with imported cars that has created around €300 million ($342 million) in estimated losses, the European Public Prosecutor's Office in Cologne said Friday.
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July 10, 2026
Vague IRS Rules Should Nix Foreign Gift Penalties, Court Told
A California civil service worker asked a federal court to waive penalties imposed by the IRS over her failure to report wedding gifts received from family in China, contending the agency was unclear about filing requirements.
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July 10, 2026
Taxation With Representation: Cleary, Paul Weiss, Fried Frank
In this week's Taxation With Representation, Solstice Advanced Materials Inc. acquires specialty chemicals technology company Element Solutions Inc., Vertex Pharmaceuticals Inc. buys Crinetics Pharmaceuticals Inc., and Lockheed Martin acquires naval defense company Ultra Maritime.
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July 10, 2026
Min.-Tax Safe Harbor Will Curb Hassles, OECD Official Says
Complying with the global minimum tax will not be difficult for businesses when the permanent safe harbor — a policy add-on to simplify the process — kicks in, a senior official from the Organization for Economic Cooperation and Development said Friday.
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July 10, 2026
Labor Tax Reliance Riskier In Aging World, EU Report Warns
Labor levy revenues make up an increasingly greater share of tax takings in the European Union, although the stability of this income is in jeopardy as populations age, the European Commission warned Friday in its annual tax report.
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July 09, 2026
US Pillar 2 Deal Cuts UK Tax Take By £600M, Report Says
The U.K.'s tax revenue from the global minimum corporate rate will fall by around £600 million ($804.7 million) annually as a result of U.S. corporate giants' exemption from the rules, according to a parliamentary report published Friday.
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July 09, 2026
France Pushes Back Deadline For Minimum Tax Returns
France will allow multinational corporations to file information declarations for the 15% global minimum tax until Sept. 1, extending the deadline from the end of June, the Ministry of Public Action and Accounts said Thursday.
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July 09, 2026
EU Withholding Rules Curbing Investment, Says Tax Lead
The European Union needs to improve withholding tax rules for investment funds to generate more capital for businesses, although progress is restricted by ownership rules, a senior EU official said Thursday.
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July 09, 2026
Austria's Bank VAT Break Was State Aid, EU Top Court Says
The European Union's top court ruled Thursday against an Austrian law that provided a value-added tax exemption for certain transactions in the banking and insurance sectors, holding that the tax break functioned as illegal state aid under EU law.
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July 09, 2026
EU, South Africa Meet To Discuss Clean Energy Trade Deal
South African and European officials began an intergovernmental dialogue Thursday to continue implementation efforts on the green energy trade deal signed last year, with particular focus on the kinds of businesses and investment projects the deal should encourage, according to a news release by the European Commission.
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July 09, 2026
5 Clifford Chance Finance And Tax Attys Join Sidley In NY, DC
Sidley Austin LLP announced Thursday that five Clifford Chance LLP attorneys have joined the firm's global finance and tax practices in New York and Washington, D.C.
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July 09, 2026
HMRC Secures 260 Convictions For Tax Dodging In 2025-26
The U.K.'s tax authority secured 260 convictions out of 300 prosecutions in criminal tax cases in fiscal year 2025-26, it said Thursday in its annual report.
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July 09, 2026
Pillar 2 Carveouts Won't Undercut Global Tax, Official Says
The integrity of the 15% global minimum tax system will not be undermined by a host of nations gaining access to provisions that exempt them from certain obligations, the tax head at the Organization for Economic Cooperation and Development said Thursday.
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July 09, 2026
Irish Reps Must Step Away From Biz Tax Talks, Academics Say
The Irish delegation currently leading the Council of the European Union must give up its role as head broker on EU corporate tax negotiations, a group of academics said in an open letter Thursday.
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July 09, 2026
London Gallery Beats HMRC Charges Over Russia Sanctions
A London art gallery was cleared of criminal wrongdoing on Thursday as a judge ruled that it did not breach a ban on sending goods to Russia by trying to ship a painting to an art collector leaving Moscow.
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July 08, 2026
EU's Top Court Rules Out Joint VAT Liability In Greek Case
A person classified as liable for paying value-added taxes in one European Union member country owed by an entity established in another member country cannot also be held jointly and severally liable for those taxes, the EU's top court said Wednesday.
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July 08, 2026
Aussies Seek Input On 30% Min. Tax For Discretionary Trusts
Australia is seeking feedback on plans to introduce a 30% minimum tax on taxable income held in discretionary trusts, the Department of the Treasury said in a consultation.
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July 08, 2026
Trump Threatens To Cut Spanish Relations Over Defense Rift
President Donald Trump threatened Wednesday to cut off relations entirely with Spain, calling the country an unreliable partner during a meeting with NATO Secretary General Mark Rutte.
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July 08, 2026
EU Tax Head Urges Bloc Not To Water Down Overhaul Push
European Union countries must not dilute the ambitions of a tax overhaul proposal delivered last month, an EU official who is leading the changes said Wednesday.
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July 08, 2026
French Court To Ask ECJ To Vet Share Buyback Taxes
France's top administrative court will ask the European Court of Justice to determine whether the country's taxes on share buybacks violate rules preventing indirect taxation of capital, according to a decision.
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July 08, 2026
UK To Raise Threshold For Capital Goods VAT System
The U.K. government will limit the application of a system governing the reclamation of value-added tax on capital goods as part of simplifying VAT rules for small and midsize businesses, according to a policy paper published Wednesday.
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July 08, 2026
EU Warns Belgium, Bulgaria, Cyprus Over Pillar 2 Delay
The European Union has called on Belgium, Bulgaria and Cyprus to fully adopt information exchange rules that underpin the global minimum tax framework known as Pillar Two.
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July 07, 2026
Exxon Seeks $324M Judgment In Dispute On Qatar Deal Tax
Exxon asked a Texas federal court to rule that it's owed a $273 million tax refund and $51 million in penalties in a dispute with the U.S. government over the tax treatment of a natural gas deal with Qatar.
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July 07, 2026
EU Lawmakers Seek To End VAT Break For Financial Services
The European Parliament moved toward ending financial services' blanket exemption from value-added taxes by voting Tuesday to adopt a report recommending such a shift.
Expert Analysis
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NY Times Word Puzzles Make Me A Better Lawyer
Every morning I let The New York Times humble me with word games, which offer a chance to recalibrate my brain before the day's chaos arrives and remind me that a solution — whether to a puzzle or employment law issue — almost always exists once I find the right angle, says Amy Epstein Gluck at Pierson Ferdinand.
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Law School's Missed Lesson: Diagnose Before Arguing
Law school often skips over explicitly teaching students how to determine what kind of problem a case presents before they commit to a particular doctrinal path, which risks building arguments that are internally coherent but externally misaligned, says Melanie Oxhorn at Kobre & Kim.
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Judges On AI: How Courts Can Survive The Tech Revolution
Colorado Supreme Court Justice Maria Berkenkotter and Colorado Court of Appeals Judge Lino Lipinsky de Orlov discuss how artificial intelligence has already fundamentally altered the legal system and offer tips for courts navigating deepfakes, hallucinations and a gap in access to AI tools.
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3 AI Adoption Mistakes GCs Should Avoid
The pressure in-house legal teams face to quickly adopt artificial intelligence tools, combined with budget constraints and the need to evaluate a crowded market of options, sets the stage for implementation mistakes that are often difficult to undo, says former 23andMe general counsel Guy Chayoun.
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4 Emerging Approaches To AI Protective Order Language
Over the last year, at least five federal district courts have issued or analyzed specific protective order provisions restricting the use of generative artificial intelligence platforms with protected materials, establishing that proactive AI-specific provisions are now standard practice and demonstrating that no single model works for every case, says Joel Bush at Kilpatrick.
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Heppner Ruling Left AI Privilege Risk For Lawyers Unresolved
While a New York federal judge’s recent ruling in U.S. v. Heppner resolved a privilege question surrounding client-side artificial intelligence use, it did not address how to mitigate the risks that can arise when confidential information enters the operative context of an AI system used by an attorney, says Jianfei Chen at Quarles & Brady.
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Speed Jigsaw Puzzling Makes Me A Better Lawyer
My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.
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Documenting Business Purpose After IRS' 10th Circ. Win
Following the Tenth Circuit’s recent Liberty Global v. U.S. decision, which held the economic substance doctrine does not require a threshold relevancy determination, taxpayers can prepare for potential audits by maintaining contemporaneous documentation and taking other steps that demonstrate the business purpose of transactions, say attorneys at Crowell & Moring.
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2 AI Snafus Show Why Attys Can't Outsource Judgment
The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.
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Improving Well-Being In Law, 10 Years After Landmark Study
An important 2016 study revealed significant substance abuse and mental health issues among lawyers, and while the findings helped normalize the conversation around these topics, a decade later, structural change is still needed, says Denise Robinson at PLI.
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Hungary CPAC Funding Probe Could Implicate US Entities
A Hungarian anti-corruption investigation into claims that the former prime minister used taxpayer funds to support the Conservative Political Action Conference could include potential cross-border political and financial dimensions that create multiple touchpoints for U.S. regulatory and enforcement interest, say attorneys at Ballard Spahr.
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Mitigating Multistate Risks As California Expands Tax Reach
Though California's new sourcing rules and extension of the pass-through entity election have created uncertainty, practitioners should file protective returns to respect the law's ambiguity and take certain other steps to protect clients from the costs of losing a future audit, says attorney Delina Yasmeh.
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E-Discovery Quarterly: Recent Rulings On ESI Control
Several recent federal court decisions have perpetuated a split over what constitutes “control” of electronically stored information — with judges divided on whether the standard should turn on a party's legal right or practical ability to obtain the information, say attorneys at Sidley.