International

  • February 11, 2025

    Canadian Tax-Free Rebate Promise Broken, Group Says

    Despite public assertions that the CA$2.5 billion ($1.75 billion) in small business carbon tax rebate payments would be tax-free, a Canadian business group said it has received word from the Canada Revenue Agency that it will be subject to income tax.

  • February 10, 2025

    Pension Execs Found Liable In $2B Danish Tax Fraud Case

    A New York federal jury found Monday by "clear and convincing evidence" that Denmark's tax agency reasonably relied on the false statements made on pension plan applications that were part of a $2.1 billion tax fraud scheme by pension plan executives.

  • February 10, 2025

    UAE Lays Out Exclusions, Transition Period For Minimum Tax

    The United Arab Emirates' Ministry of Finance further explained how it is implementing the Organization for Economic Cooperation and Development's 15% global corporate minimum tax, detailing a number of exclusions and a planned transitional period.

  • February 10, 2025

    Australian Senate OKs Green Energy Production Tax Credits

    The Australian Senate passed tax incentives Monday for hydrogen and critical mineral production as part of an effort to invest in renewable energy technology and reduce carbon emissions.

  • February 10, 2025

    S. Korea Tax Revenue Dips Due To Weak Corp. Earnings

    South Korea collected 336.5 trillion won ($232 billion) in 2024, a 7.5 trillion won dip compared with 2023, the country's revenue agency said Monday, pinning the blame on a year-over-year decline in corporate performance.

  • February 10, 2025

    UK Tax Compliance Costs Cos. £15.4B Annually, Report Says

    The increasingly complex U.K. tax code has led to businesses paying at least £15.4 billion ($19 billion) annually to comply with the system, and that figure is likely an understatement, a British public spending watchdog said Monday.

  • February 10, 2025

    Skadden Adds Designer Of Tax Cut Act's Int'l Provisions In DC

    Skadden Arps Slate Meagher & Flom LLP announced Monday it has hired a tax attorney who helped create some international provisions in the Tax Cuts and Jobs Act of 2017, and who joins the firm as House Republicans signal they'll vote to renew some measures of that bill that are set to expire.

  • February 10, 2025

    Proskauer Hires Tax Pro In Paris From Addleshaw Goddard

    Proskauer Rose LLP added a tax professional in Paris from Addleshaw Goddard LLP who advises private equity funds and multinational groups on mergers and acquisitions.

  • February 10, 2025

    Pillsbury Recruits Former Mayer Brown Tax Pro In NY

    Pillsbury Winthrop Shaw Pittman LLP said it has recruited a former Mayer Brown LLP tax expert to serve as a partner in Pillsbury's New York office.

  • February 10, 2025

    Financier Bids To Resurrect HMRC Bungled Prosecution Claim

    A corporate financier sought permission Monday to challenge a decision to dismiss his claim against HM Revenue and Customs and the Crown Prosecution Service for wrongly prosecuting him, arguing that the judge had failed to properly consider the evidence.

  • February 10, 2025

    Film Executives Ran £13M VAT Fraud, Prosecutors Tell Jury

    Four former managers at a film production company best known for "Avatar" cheated taxpayers out of £13 million ($16.14 million) through a "convoluted" VAT scheme run out of the back garden of a modest home in London, prosecutors told a jury on Monday.

  • February 07, 2025

    Feds Defend Corporate Transparency Act In 5th And 4th Circuits

    The U.S. government defended the Corporate Transparency Act in the Fifth and Fourth Circuits on Friday, urging the former to reverse a Texas federal judge's nationwide injunction on the law and the latter to affirm a Virginia federal judge's rejection of a bid to block the law's enforcement.

  • February 07, 2025

    Tax Take Is Up But Lagging In Developing Nations, OECD Says

    Average tax revenue as a percentage of gross domestic product in developing countries rose to 17.1% from 16.5% between 2015 and 2022 despite the challenges of the COVID-19 pandemic, the Organization for Economic Cooperation and Development said Friday, though difficulties still remain for building up those countries' coffers.

  • February 07, 2025

    Taxation With Representation: Kirkland, Latham, Skadden

    In this week's Taxation With Representation, Triumph Group goes private via Berkshire Partners and Warburg Pincus affiliates, alternative asset manager TPG buys Altus Power, Globus Medical buys Nevro Corp., and Honeywell separates its automation and aerospace technology businesses, resulting in the formation of three distinct companies.

  • February 07, 2025

    Former Top Congressional Investigator Leaves Lasting Legacy

    Elise J. Bean, former chief counsel for the U.S. Senate Permanent Subcommittee on Investigations, is remembered for leading landmark bipartisan congressional probes, which exposed massive tax and financial scandals with findings that helped pave the way for game-changing legislation.

  • February 07, 2025

    German Car Dealer Arrested In €5.8M VAT Fraud Scheme

    A German car dealer was arrested Friday in connection with what the European Public Prosecutor's Office called a value-added tax fraud scheme that generated more than €30 million ($31 million) in illicit funds, causing €5.8 million in tax losses.

  • February 06, 2025

    Baker McKenzie Partner Rejoins Firm From Apple

    Baker McKenzie announced that a former partner specializing in trade and customs law has rejoined the firm after serving as principal counsel and the lead adviser on global trade matters for Apple.

  • February 06, 2025

    US To Appeal Block On Corporate Transparency Act

    The federal government plans to challenge an order preventing it from enforcing the Corporate Transparency Act's reporting requirements for businesses, following the U.S. Supreme Court's pause of another nationwide block on the law in a separate case, according to a notice filed in a Texas federal court.

  • February 06, 2025

    EU Can't Let US Global Tax Rebuff Harm Its Cos., Official Says

    The European Union cannot allow the legal uncertainty surrounding President Donald Trump's rejection of a global tax deal to harm its companies, a European Commission official said Thursday, adding that the U.S. and EU will discuss the matter in April.

  • February 06, 2025

    Kazakh Collaboration Aids Transfer Pricing Rules, OECD Says

    After a decade of collaboration between Kazakhstan and the Organization for Economic Cooperation and Development, the Central Asian country has brought its transfer pricing rules closer in line with international standards, which has been particularly helpful in the mining sector, the OECD said.

  • February 06, 2025

    Spain Busts €184 Hydrocarbon VAT Fraud Ring

    Eleven people were arrested as part of the dismantling of a €184 million ($191 million) value-added tax fraud ring in the hydrocarbon sector, Spain's tax agency said Thursday.

  • February 05, 2025

    Israeli Law Firm Allowed To Amend Suit Against GILTI Regs

    A D.C. federal court on Wednesday let the owner of an Israeli law firm amend his challenge of regulations for the U.S. tax on global intangible low-taxed income, a provision of the 2017 tax overhaul.

  • February 05, 2025

    Ryanair Loses €1B TAP State Aid Challenge

    Low-cost Irish airline Ryanair has lost yet another attempt to stop state aid from being delivered to its rivals in the airline industry after a European Union court on Wednesday batted away its challenge to a €1.2 billion ($1.249 billion) aid package for the parent company of TAP Air Portugal.

  • February 05, 2025

    US Bill Aims To Ax Tax Incentives For Multinational Cos.

    Congress should repeal and replace federal tax measures that allow multinational corporations to reduce taxable income in the United States, including by holding assets abroad, according to two Democratic lawmakers who reintroduced a bill to that effect Wednesday.

  • February 05, 2025

    US Trade Deficit Up To $918B In 2024, Gov't Says

    The U.S. trade deficit in goods and services spiked 24% month over month in December to $98.4 billion, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis said Wednesday, leading to the U.S. closing the year with a $918.4 billion deficit.

Expert Analysis

  • 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.

  • E-Discovery Quarterly: Rulings On Hyperlinked Documents

    Author Photo

    Recent rulings show that counsel should engage in early discussions with clients regarding the potential of hyperlinked documents in electronically stored information, which will allow for more deliberate negotiation of any agreements regarding the scope of discovery, say attorneys at Sidley.

  • Loper Bright Limits Federal Agencies' Ability To Alter Course

    Author Photo

    The U.S. Supreme Court's recent decision to dismantle Chevron deference also effectively overrules its 2005 decision in National Cable & Telecommunications Association v. Brand X, greatly diminishing agencies' ability to change regulatory course from one administration to the next, says Steven Gordon at Holland & Knight.

  • After Chevron: Delegation Of Authority And Tax Regulators

    Author Photo

    The U.S. Department of the Treasury and the Internal Revenue Service will face higher standards following Loper Bright’s finding that courts should determine whether agency rules meet the best possible interpretation of the tax code, as well as the scope of the authority delegated by Congress, says Edward Froelich at McDermott.

  • Lawyers Can Take Action To Honor The Voting Rights Act

    Author Photo

    As the Voting Rights Act reaches its 59th anniversary Tuesday, it must urgently be reinforced against recent efforts to dismantle voter protections, and lawyers can pitch in immediately by volunteering and taking on pro bono work to directly help safeguard the right to vote, says Anna Chu at We The Action.

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