International

  • January 30, 2025

    Energy Group Urges UK To Link To EU's Carbon-Tax Measure

    The U.K. government should link to the European Union's Emissions Trading System to mitigate the impact of carbon border taxes on businesses in Northern Ireland, an energy industry group said.

  • January 30, 2025

    Denmark Cuts British Trader's Tax Fraud Prison Sentence

    A British hedge fund trader convicted of defrauding Denmark's tax authority out of more than 320 million Danish krone ($47 million) in a sham trading scheme to reclaim tax has had his prison sentence shortened by an appeals court.

  • January 30, 2025

    Assets In Italy Seized In €14M Fuel VAT Fraud Investigation

    Authorities have uncovered a complex value-added tax fraud scheme involving fuels in Italy that has caused an estimated €14 million ($14.6 million) in damages, the European Public Prosecutor's Office said Thursday.

  • January 29, 2025

    Pension Plans Seek Trader's Testimony In $2B Tax Fraud Suit

    Pension plans and individuals who Denmark's government alleges received fraudulent refunds have asked a New York federal court to allow U.K. court testimony into the record from a trader who Danish authorities say masterminded a $2.1 billion tax fraud, saying it shows he deceived other participants.

  • January 29, 2025

    EU Carbon Fee Could Have Large Impact On Leakage

    Full implementation of the European Union's carbon border adjustment mechanism in conjunction with the bloc's other carbon tax measures could effectively eliminate businesses relocating their manufacturing to countries with looser and cheaper restrictions, the OECD said Wednesday.

  • January 29, 2025

    White & Case Adds Global Tax Pro From McDermott

    White & Case LLP announced Wednesday that it is expanding its global tax practice by bringing in a former McDermott Will & Emery partner to its Washington, D.C., office.

  • January 29, 2025

    Tax Group Of The Year: Mayer Brown

    Mayer Brown LLP's bench of tax talent is so deep that it can help its clients sell the Chicago Cubs one day and buy $646 million of Brazilian solar farms on another. The firm's ability to offer tax transaction and advisory services across industries, transaction types and specialty areas earned it a place among the 2024 Law360 Tax Groups of the Year.

  • January 29, 2025

    Lawyers, Ex-Tax Inspector Took £278M From Trust, Court Rules

    A London appeals court has upheld a High Court ruling that two solicitors and a former senior tax manager devised a scheme to cut out beneficiaries from Jersey trusts in what they saw as a "huge commercial opportunity" to divert an estimated £278 million ($345 million) to themselves.

  • January 29, 2025

    Swiss Gov't Initiates Consultation On Pillar 2 Data Sharing

    The Swiss government said Wednesday it has begun a consultation on approving a global framework for countries to exchange corporate taxpayer information under an international minimum tax agreement known as Pillar Two.

  • January 29, 2025

    EU Will Keep Minimum Tax Despite US, Commissioner Says

    The European Union will maintain a 15% minimum corporate tax rate on large companies despite the U.S. government's opposition to the global tax deal, a European commissioner said Wednesday.

  • January 29, 2025

    HMRC Looking For Input On Pillar 2 Backstop Guidance

    HM Revenue & Customs is looking for input on its guidance for how corporations would need to comply with the U.K.'s proposed adoption of the undertaxed profits rule, a backstop for its Pillar Two global minimum tax system.

  • January 29, 2025

    EU Tax Conduct Group Reelects Chair

    The European Union's Code of Conduct Group reelected its chair for a second term to start next week, the Council of the EU said Wednesday.

  • January 28, 2025

    IRS Whistleblower Office Could Survive Trump Purge

    As President Donald Trump pushes to slash federal spending and gut government agencies, the Internal Revenue Service Whistleblower Office may remain largely unscathed since its recent efforts to efficiently reward and protect those who report illicit tax activity could align with the administration's goals.

  • January 28, 2025

    Trump Pledges Tariffs On Semiconductors, Chips, Drugs

    The U.S. will soon place tariffs on foreign-manufactured semiconductors, computer chips and pharmaceuticals in an effort to convince foreign companies to move their manufacturing operations stateside, President Donald Trump told House Republicans at a conference.

  • January 28, 2025

    OECD Details Documents Needed For Int'l Pricing Program

    The Organization for Economic Cooperation and Development released more details Tuesday on the information that multinational entities must disclose when applying for the group's International Compliance Assurance Program, a multilateral effort to resolve transfer pricing issues.

  • January 28, 2025

    Ukrainian Duo Get 15 Years In $25M Tax Fraud Case

    A Florida federal judge sentenced two Ukrainian men to 15 years in prison after they pled guilty to laundering money from a hotel staffing scheme that the U.S. government said cost it $25 million in taxes.

  • January 28, 2025

    Tax Group Of The Year: Cravath

    Cravath Swaine & Moore LLP helped secure high-profile mergers and acquisitions for major media and communications companies in 2024, having played key roles in Paramount's $28 billion merger agreement with Skydance Media and a separate deal involving Verizon Communications, earning the law firm a spot among the 2024 Law360 Tax Groups of the Year.

  • January 28, 2025

    Argentina To Slash Car Sales Taxes, EV Tariffs

    Argentina will zero out sales taxes on some cars and eliminate tariffs on low-cost electric and hybrid vehicles starting next week, the country's minister of economy said Tuesday.

  • January 28, 2025

    4 Convicted In Lithuania In €10M Cigarette Tax Fraud Ring

    A Lithuanian court convicted four people, including two former customs officers, for their roles in a cigarette smuggling scheme that evaded €10 million ($10.4 million) in import, customs and excise taxes, the European Public Prosecutor's Office said Tuesday.

  • January 28, 2025

    France Probes Binance Over Money Laundering Breaches

    France's public prosecutor on Tuesday opened a criminal investigation into crypto exchange Binance over suspected money laundering and terrorist financing breaches that authorities said may have enabled tax fraud and drug trafficking.

  • January 28, 2025

    EU Authorities Smash €100M Money Laundering Scheme

    A group of more than 20 individuals suspected of running a €100 million ($104 million) money laundering scheme in Europe has been arrested following a two-year investigation by law enforcement authorities in Spain, Cyprus and Germany, an EU agency said Tuesday.

  • January 27, 2025

    Canadian Taxpayer Group Plans To Contest Capital Gains Hike

    A Canadian taxpayers group said it plans to ask the nation's Federal Court to block a proposed increase in capital gains tax that is said has not been approved by the Canadian Parliament.

  • January 27, 2025

    HMRC Can Appeal In Dispute Over UK-Ireland Tax Agreement

    HM Revenue & Customs can proceed with an appeal in its case alleging an Irish company's investment in a U.K.-based company was made to gain tax advantages, the Court of Appeal ruled Monday after hearing arguments.

  • January 27, 2025

    Senate Confirms Bessent As Treasury Secretary

    A bipartisan majority of senators voted Monday to confirm billionaire hedge fund manager Scott Bessent as Treasury secretary, putting in place a key member of President Donald Trump's Cabinet.

  • January 27, 2025

    ITC Says China May Be Dumping Erythritol In US

    The U.S. International Trade Commission has determined that there is a "reasonable indication" that imports of the artificial sweetener erythritol from China are damaging U.S. industry, it announced.

Expert Analysis

  • 5 Tips To Succeed In A Master Of Laws Program And Beyond

    Author Photo

    As lawyers and recent law school graduates begin their Master of Laws coursework across the country, they should keep a few pointers in mind to get the most out of their programs and kick-start successful careers in their practice areas, says Kelley Miller at Reed Smith.

  • How Law Firms Can Avoid 'Collaboration Drag'

    Author Photo

    Law firm decision making can be stifled by “collaboration drag” — characterized by too many pointless meetings, too much peer feedback and too little dissent — but a few strategies can help stakeholders improve decision-making processes and build consensus, says Steve Groom at Miles Mediation.

  • Litigation Funding Disclosure Key To Open, Impartial Process

    Author Photo

    Blanket investor and funding agreement disclosures should be required in all civil cases where the investor has a financial interest in the outcome in order to address issues ranging from potential conflicts of interest to national security concerns, says Bob Goodlatte, former U.S. House Representative for Virginia.

  • What NFL Draft Picks Have In Common With Lateral Law Hires

    Author Photo

    Nearly half of law firm lateral hires leave within a few years — a failure rate that is strikingly similar to the performance of NFL quarterbacks drafted in the first round — in part because evaluators focus too heavily on quantifiable metrics and not enough on a prospect's character traits, says Howard Rosenberg at Baretz+Brunelle.

  • Replacing The Stigma Of Menopause With Law Firm Support

    Author Photo

    A large proportion of the workforce is forced to pull the brakes on their career aspirations because of the taboo surrounding menopause and a lack of consistent support, but law firms can initiate the cultural shift needed by formulating thoughtful workplace policies, says Barbara Hamilton-Bruce at Simmons & Simmons.

  • Planning Law Firm Content Calendars: What, When, Where

    Author Photo

    During the slower month of August, law firms should begin working on their 2025 content calendars, planning out a content creation and distribution framework that aligns with the firm’s objectives and maintains audience engagement throughout the year, says Jessica Kaplan at Legally Penned.

  • Law Firms Should Move From Reactive To Proactive Marketing

    Author Photo

    Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, but shifting to a culture of proactive planning — beginning with comprehensive campaigns — can help firms effectively execute their broader business strategy, says Paul Manuele at PR Manuele Consulting.

  • The Big Issues A BigLaw Associates' Union Could Address

    Author Photo

    A BigLaw associates’ union could address a number of issues that have the potential to meaningfully improve working conditions, diversity and attorney well-being — from restructured billable hour requirements to origination credit allocation, return-to-office mandates and more, says Tara Rhoades at The Sanity Plea.

  • It's Time For A BigLaw Associates' Union

    Author Photo

    As BigLaw faces a steady stream of criticism about its employment policies and practices, an associates union could effect real change — and it could start with law students organizing around opposition to recent recruiting trends, says Tara Rhoades at The Sanity Plea.

  • How Justices Upended The Administrative Procedure Act

    Author Photo

    In its recent Loper Bright, Corner Post and Jarkesy decisions, the U.S. Supreme Court fundamentally changed the Administrative Procedure Act in ways that undermine Congress and the executive branch, shift power to the judiciary, curtail public and business input, and create great uncertainty, say Alene Taber and Beth Hummer at Hanson Bridgett.

  • Tips For Tax Equity-Tax Credit Transfers That Pass IRS Muster

    Author Photo

    Although the Internal Revenue Service has increased its scrutiny of complex partnership structures, which must demonstrate their economic substance and business purpose, recent cases and IRS guidance together provide a reliable road map for creating legitimate tax equity structures, say Ian Boccaccio and Michael Messina at Ryan Tax.

  • Mirror, Mirror On The Wall, Is My Counterclaim Bound To Fall?

    Author Photo

    A Pennsylvania federal court’s recent dismissal of the defendants’ counterclaims in Morgan v. Noss should remind attorneys to avoid the temptation to repackage a claim’s facts and law into a mirror-image counterclaim, as this approach will often result in a waste of time and resources, says Matthew Selmasska at Kaufman Dolowich.

  • 3 Leadership Practices For A More Supportive Firm Culture

    Author Photo

    Traditional leadership styles frequently amplify the inherent pressures of legal work, but a few simple, time-neutral strategies can strengthen the skills and confidence of employees and foster a more collaborative culture, while supporting individual growth and contribution to organizational goals, says Benjamin Grimes at BKG Leadership.

Can't find the article you're looking for? Click here to search the Tax Authority International archive.