International

  • May 07, 2026

    Italian Man Arrested Amid Probe Into Large-Scale VAT Fraud

    Italian authorities have arrested a businessman suspected of laundering the proceeds of a multimillion-euro value-added tax fraud, the European Public Prosecutor's Office said.

  • May 07, 2026

    Iran War Risks £8B Annual Tax Hit To UK, Report Warns

    The Iran war could cost the U.K. government up to £8 billion ($10.9 billion) a year through lost tax revenue and higher debt interest payments, a progressive think tank warned Thursday.

  • May 07, 2026

    Iran War Sees Germany Downgrade Tax Revenue Expectations

    Germany downgraded its tax revenue forecasts Thursday at all levels of government for each year through 2030 due to the Iran war.

  • May 06, 2026

    Sony Reaped 'Windfall' From Illegal Tariffs, Gamers Say

    Sony Interactive Entertainment LLC retained a "substantial windfall" generated by illegal tariffs imposed under the International Emergency Economic Powers Act, two Sony PlayStation console owners said Wednesday in a proposed class action in California federal court.

  • May 06, 2026

    Swedish Tax Agency Can Deny Input VAT Credits Under Audit

    The Swedish Tax Agency will be able to deny credits for significant amounts of excess input value-added taxes during audits under a bill adopted Wednesday by lawmakers.

  • May 06, 2026

    IRS Gets Protest Of Wedding Gift Penalties Narrowed

    A Chinese citizen seeking a refund of penalties imposed by the IRS over a failure to report wedding gifts she received from abroad cannot argue the agency must collect the penalties through a civil action, a California federal court said, partially dismissing her suit.

  • May 06, 2026

    Insurers Ask To Ignore Simplified Foreign Currency Rules

    The insurance industry should be allowed to ignore regulations from 2024 covering how corporations determine taxable income with respect to affiliates that conduct business in a foreign currency, the American Council of Life Insurers told the U.S. Treasury in a letter released Wednesday.

  • May 06, 2026

    HMRC To Increase Electricity Generator Windfall Tax

    Britain's tax authority set out plans to increase the rate of the windfall tax from 45% to 55% on electricity generators charging above the benchmark price in July as part of government efforts to keep prices down, according to a policy paper published Wednesday.

  • May 05, 2026

    Ending Carried Interest Tax Break May Net $88B, Report Says

    Ending the carried interest tax break could raise far more than previously estimated, nearly $88 billion in a decade, based on a new methodology put forward in a report by the Yale Budget Lab.

  • May 05, 2026

    Portugal Aims To Tax Windfall Energy Profits, Report Says

    The Portuguese government will propose a windfall tax on energy companies and potentially on large retail chains, the country's finance minister said Tuesday, according to a report by a state-owned public broadcaster.

  • May 05, 2026

    Calif. OTA Says Dutch Consultant Must Pay State Tax

    A consultant residing in the Netherlands owes California income tax for work he did on projects in the state, the California Office of Tax Appeals ruled, saying U.S. tax treaties with his country do not shield him from state taxation.

  • May 05, 2026

    Tribunal Hands Referee Co. Win In £584K Tax Status Case

    An English soccer referee body won its decadelong dispute with the U.K.'s tax authority after a London tribunal ruled that referees' match-day engagements were contracts for services rather than employment, meaning the group isn't liable for the referees' taxes.

  • May 05, 2026

    Tax Reform Crucial To EU-Ukraine Loan Talks, Official Says

    A European Union official said Tuesday that tax reform is an important part of negotiations with Ukraine over unlocking a portion of a €90 billion ($105.3 billion) financial assistance loan for the country.

  • May 05, 2026

    US Ends $15M Tax Refund Fight With Gas Biz Partners

    The U.S. government agreed to end litigation alleging that several Texas residents had erroneously claimed a total of about $15 million in tax refunds tied to a partnership involving gas and oil operations in Equatorial Guinea.

  • May 05, 2026

    Latin America Leans On Taxing Goods, Services, OECD Says

    Latin America and the Caribbean continue to rely far more on taxing goods and services compared to the Organization for Economic Cooperation and Development, while tax revenue as a share of economic growth was largely stagnant in 2024 absent Cuba's outsized gains, the organization said Tuesday in a report.

  • May 05, 2026

    Waldorf Beats HMRC Bid To Ax Debt Plan Over £70M Tax Loss

    A London court sanctioned North Sea oil company Waldorf Production's debt restructuring plan on Tuesday, rejecting HM Revenue and Customs' argument that the proposals would unfairly wipe out some £69.8 million ($95 million) in unpaid windfall tax liabilities.

  • May 05, 2026

    EU States Agree To Share Data To Combat VAT Fraud

    European Union member states agreed Tuesday to give anti-fraud bodies more direct access to value-added tax data to better combat VAT-related crime. 

  • May 04, 2026

    Ireland Underestimates Corporate Tax Revenue, Report Says

    Ireland's government has underestimated corporate tax revenue by fairly wide margins for the past decade and a half, the Parliamentary Budget Office said in a report.

  • May 04, 2026

    Canada Pledges $1.1B For Companies Hit By US Tariffs

    Canada will provide CA$1.5 billion ($1.1 billion) in financing to companies impacted by U.S. tariffs, especially those on steel, aluminum and copper, the Canadian government said Monday, the latest in a string of support measures.

  • May 04, 2026

    IRS Approves Co.'s Retroactive Transfer Pricing Changes

    The IRS Office of Chief Counsel has endorsed a company's proposal to reduce certain transfer pricing adjustments through a setoff after retroactively changing how it allocated costs between related companies, according to a memorandum.

  • May 04, 2026

    Canada Court Rejects $16M Forex Loss Deduction

    A Canadian businessman intentionally carried out foreign exchange trades to incur losses, a Canadian appeals court ruled, agreeing with a lower court that he accordingly cannot claim a CA$22 million ($16.2 million) deduction to offset his taxable income.

  • May 04, 2026

    Push To Juice German Economy Could Jolt Spousal Tax Break

    With growth fragile and unemployment high, Germany's coalition government is considering a raft of tax changes intended to boost workforce participation, including a proposal by the center-left Social Democratic Party to change the country's spousal tax-splitting system.

  • May 01, 2026

    Biz Group Slams IRS' 'Implicit Support' Argument In Eaton

    An international business group urged the U.S. Tax Court to reject IRS arguments that Eaton Corp. deserved a higher credit rating due to its foreign parent's "implicit support," saying the case could significantly affect its members' U.S. tax liabilities.

  • May 01, 2026

    Int'l Tax In April: Progress On Tariff Refunds, New Tax Cuts

    U.S. Customs and Border Protection continued to make progress in April on its system for paying back the tariffs that President Donald Trump imposed under the International Emergency Economic Powers Act. Meanwhile, several countries and one U.S. state cut fuel taxes in response to the U.S. and Israel's war with Iran. Here, Law360 looks at those and other international tax developments from the past month.

  • May 01, 2026

    Texas Justices To Decide If Export-Bound Oil Can Be Taxed

    The Texas Supreme Court agreed Friday to decide whether oil stored in tank farms before being exported is exempt from local property taxes, taking up an appraisal district's disputes with two exporters.

Expert Analysis

  • The Law Firm Merger Diaries: Leadership Strategy After Day 1

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    For law firm leaders, ensuring a newly combined law firm lives up to its promise, both in its first days of operation and well after, includes tough decisions, clear and specific communication, and cheerleading, says Peter Michaud at Ballard Spahr.

  • Calif.'s Civility Push Shows Why Professionalism Is Vital

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    The California Bar’s campaign against discourteous behavior by attorneys, including a newly required annual civility oath, reflects a growing concern among states that professionalism in law needs shoring up — and recognizes that maintaining composure even when stressed is key to both succeeding professionally and maintaining faith in the legal system, says Lucy Wang at Hinshaw.

  • US-Ukraine Reconstruction Fund Tax Exemptions Uncertain

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    Tax provisions in the bilateral agreement to establish the U.S.-Ukraine Reconstruction Investment Fund, which recently announced it is accepting applications, are so broad and imprecise as to leave uncertainty regarding whether and when tax exemptions will apply to investors' income, say attorneys at Avellum and Debevoise.

  • Trivia Competition Makes Me A Better Lawyer

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    Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.

  • Judges On AI: Practical Use Cases In Chambers

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    U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.

  • Malpractice Claim Assignability Continues To Divide Courts

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    Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.

  • NYC Bar Opinion Warns Attys On Use Of AI Recording Tools

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    Attorneys who use artificial intelligence tools to record, transcribe and summarize conversations with clients should heed the New York City Bar Association’s recent opinion addressing the legal and ethical risks posed by such tools, and follow several best practices to avoid violating the Rules of Professional Conduct, say attorneys at Smith Gambrell.

  • 4 Quick Emotional Resets For Lawyers With Conflict Fatigue

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    Though the emotional wear and tear of legal work can trap attorneys in conflict fatigue — leaving them unable to shake off tense interactions or return to a calm baseline — simple therapeutic techniques for resetting the nervous system can help break the cycle, says Chantel Cohen at CWC Coaching & Therapy.

  • Judges On AI: How Judicial Use Informs Guardrails

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    U.S. Magistrate Judge Maritza Dominguez Braswell at the U.S. District Court for the District of Colorado discusses why having a sense of how generative AI tools behave, where they add value, where they introduce risk and how they are reshaping the practice of law is key for today's judges.

  • Key False Claims Act Trends From The Last Year

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    The False Claims Act remains a powerful enforcement tool after some record verdicts and settlements in 2025, and while traditional fraud areas remain a priority, new initiatives are raising questions about its expanding application, says Veronica Nannis at Joseph Greenwald.

  • Hosting Exchange Students Makes Me A Better Lawyer

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    Opening my home to foreign exchange students makes me a better lawyer not just because prioritizing visiting high schoolers forces me to hone my organization and time management skills but also because sharing the study-abroad experience with newcomers and locals reconnects me to my community, says Alison Lippa at Nicolaides Fink.

  • How A 1947 Tugboat Ruling May Shape Work Product In AI Era

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    Rapid advances in generative artificial intelligence test work-product principles first articulated in the U.S. Supreme Court’s nearly 80-year-old Hickman v. Taylor decision, as courts and ethics bodies confront whether disclosure of attorneys’ AI prompts and outputs would reveal their thought processes, say Larry Silver and Sasha Burton at Langsam Stevens.

  • Navigating Privilege Law Patchwork In Dual-Purpose Comms

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    Three years after the U.S. Supreme Court declined to resolve a circuit split in In re: Grand Jury, federal courts remain split as to when attorney-client privilege applies to dual-purpose legal and business communications, and understanding the fragmented landscape is essential for managing risks, say attorneys at Covington.

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