International

  • June 27, 2024

    New EU Chair Wants VAT Deal Despite Calendar Omission

    The incoming chair of meetings of European Union countries wants agreement on a proposal to require that platform companies such as Airbnb and Uber collect value-added tax for service providers despite leaving it off its work calendar, a spokesperson said.

  • June 26, 2024

    EU Court Tosses Spanish Shipping Cos. State Aid Appeal

    A European court on Wednesday once again dismissed a 2014 challenge to the European Commission's move to block a Spanish tax scheme benefiting Spanish shipbuilders and their suppliers.

  • June 26, 2024

    Repatriation Tax Ruling May Sway State Wealth Tax Debates

    The U.S. Supreme Court's upholding of the federal repatriation tax could indirectly affect state tax policy discussions, including by influencing consideration of wealth taxes and encouraging states to keep potential due process issues in mind when enacting tax legislation.

  • June 26, 2024

    Pepsi's Royalty Tax Liability Overturned By Australian Panel

    A Federal Court of Australia judge incorrectly ruled that payments for beverage concentrate between Pepsi subsidiaries in Australia and Singapore included the license to use Pepsi's trademark and so triggered royalty taxes, a panel of the court ruled Wednesday. 

  • June 26, 2024

    Fed. Circ. Denies Contractor's $37M Tax Reimbursement Bid

    A U.S. State Department armed security contractor is not entitled to $37 million in reimbursement tied to tax payments to the Afghan government because the contractor's parent company, not the company itself, incurred the costs associated with the payments, the Federal Circuit said Wednesday.

  • June 26, 2024

    Medical Device Co. To Pay $935K Atty Fees In Tax Fraud Suit

    A medical equipment company's leaders will pay $935,000 in attorney fees to investors' counsel after mediating a settlement in a proposed class action alleging the company breached fiduciary duty in failing to disclose its former CEO's involvement in a tax fraud dispute with Denmark.

  • June 26, 2024

    Kenya President Backs Off Finance Bill After Fatal Protests

    Kenyan President William Ruto said Wednesday that he will withdraw a controversial finance bill that included tax hikes that inspired mass protests, including storming the country's Parliament building leaving multiple people dead, according to local news reports.

  • June 26, 2024

    EU Justice Head Loses Bid To Lead Human Rights Group

    The European Union's justice commissioner failed in his bid to lead a European human rights organization and returned Wednesday from his leave of absence for the remaining four months of his term as commissioner.

  • June 26, 2024

    EU State Auditors Must Respect Tax Incentives, Lawyer Says

    European Union countries need to make sure that their tax authorities are supporting incentive programs, such as those related to research and development, rather than interpreting laws in inconsistent ways, a tax lawyer said Wednesday.

  • June 26, 2024

    Irish Pick New Finance Minister After Former Heads To EU

    Ireland picked a current junior minister as its new finance minister, the ministry confirmed to Law360 on Wednesday, one day after the government nominated the outgoing finance minister to serve on the next European Commission. 

  • June 25, 2024

    US Needs To Broaden Tax Base, Increase Rates, OECD Says

    The United States' debt-to-gross-domestic-product ratio is the highest it's been since World War II, necessitating a wide range of tax changes to both expand the tax base and increase rates to alleviate fiscal pressures, the OECD said Tuesday.

  • June 25, 2024

    Pharma Co. Teva To Pay Israel $750M In Tax Debt Settlement

    Israel-based multinational Teva Pharmaceutical Industries Ltd. reached an agreement with the Israel Tax Authority to settle 12 years' worth of pending tax litigation by paying $750 million over the course of five years, the company said Tuesday.

  • June 25, 2024

    Asia, Pacific Tax-To-GDP Ratio Returns To Pre-COVID Level

    Tax revenue in Asia and the Pacific rebounded to pre-pandemic levels in 2022 thanks to boosts in tourism and commodity prices, but the region's average tax-to-gross domestic product ratio is still lagging behind the average OECD ratio, the group said Tuesday.

  • June 25, 2024

    Pension Plans Can't Escape $2B Danish Tax Fraud Dispute

    Two U.S. pension plans made an "extremely strained" contention that Denmark's tax administrator waited too long to accuse them of participating in a $2.1 billion fraud scheme, a New York federal judge said in declining to toss the case.

  • June 25, 2024

    Hong Kong, Armenia Reach Double-Tax Treaty Deal

    Hong Kong signed an agreement with Armenia on a treaty to prevent double taxation as part of a larger goal to establish such treaties with countries participating in China's Belt and Road global infrastructure project, Hong Kong's Inland Revenue Department said.

  • June 25, 2024

    Ex-DOJ Atty Among New Trio At Chamberlain Hrdlicka

    Chamberlain Hrdlicka White Williams & Aughtry has strengthened its tax controversy and litigation practice with the addition of three attorneys in Atlanta, including a former senior trial attorney in the Tax Division of the U.S. Department of Justice for more than three decades.

  • June 25, 2024

    J&J Counsel Urges OECD To Ease Burdens Of Global Min. Tax

    Counsel for Johnson & Johnson on Tuesday urged the OECD and government officials working on the Pillar Two global minimum corporate tax to consider more permanent safe harbor provisions to reduce the compliance burdens associated with the levy.

  • June 25, 2024

    Global Tax Overhaul Won't Squash Competition, US Rep. Says

    The global tax overhaul designed by the Organization for Economic Cooperation and Development won't eliminate countries competing for companies' investments, a U.S. House lawmaker said Tuesday.

  • June 25, 2024

    EU Leaders To Include Tax Revamp In 5-Year Plan, Draft Says

    A targeted makeover of the tax systems in European Union countries will be part of the bloc's top priorities for the next five years as it aims to improve business financing to sharpen its competitiveness, a draft document suggested.

  • June 25, 2024

    New EU Chair Hungary Eyes Talks On Corp. Tax, But No Deals

    Hungary, the incoming chair of meetings of European Union countries, plans to discuss energy taxation and several proposals on corporate taxation during the next six months but doesn't expect to reach any agreements, according to meeting agendas.

  • June 24, 2024

    Miner Wins $9.6M In Royalty Fight With Colombia

    An international tribunal ordered Colombia to pay $9.56 million to a British mining and metals company following a dispute over royalties collected on a nickel mine, as the tribunal concluded that there had been "irregularities" in the way the country calculated the amount due.

  • June 24, 2024

    UN Tax Work Threatens OECD's Progress, EU Official Says

    The United Nations' efforts to consider international tax issues risk upending the early finished work of countries negotiating a global tax plan at the Organization for Economic Cooperation and Development, a top European Commission tax official said Monday.

  • June 24, 2024

    Better Digital Tax Ban In Pillar 1 Treaty, Treasury Official Says

    The final text of a multilateral convention to implement the OECD-designed taxing rights overhaul will include improved language to eliminate existing digital services tax and prohibit prospective ones, a U.S. Treasury Department official said Monday.

  • June 24, 2024

    Loss Guidance Will Cover Pillar 2, IRS Official Says

    Forthcoming guidance to address U.S. tax issues with dual consolidated losses will also include language advising taxpayers how to account for those losses under the Pillar Two global minimum tax, the IRS' top international tax counsel said Monday.

  • June 24, 2024

    UN Tax Convention Should Be Crafted Carefully, NFTC Says

    The United Nations' work toward a framework convention on international tax cooperation is welcome but should be done carefully and with continued input from stakeholders, the National Foreign Trade Council said, providing specific areas of feedback.

Expert Analysis

  • How Attorneys Can Be More Efficient This Holiday Season

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    Attorneys should consider a few key tips to speed up their work during the holidays so they can join the festivities — from streamlining the document review process to creating similar folder structures, says Bennett Rawicki at Hilgers Graben.

  • How Clients May Use AI To Monitor Attorneys

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    Artificial intelligence tools will increasingly enable clients to monitor and evaluate their counsel’s activities, so attorneys must clearly define the terms of engagement and likewise take advantage of the efficiencies offered by AI, says Ronald Levine at Herrick Feinstein.

  • The Pop Culture Docket: Judge D'Emic On Moby Grape

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    The 1968 Moby Grape song "Murder in My Heart for the Judge" tells the tale of a fictional defendant treated with scorn by the judge, illustrating how much the legal system has evolved in the past 50 years, largely due to problem-solving courts and the principles of procedural justice, says Kings County Supreme Court Administrative Judge Matthew D'Emic.

  • Breaking Down High Court's New Code Of Conduct

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    The U.S. Supreme Court recently adopted its first-ever code of conduct, and counsel will need to work closely with clients in navigating its provisions, from gift-giving to recusal bids, say Phillip Gordon and Mateo Forero at Holtzman Vogel.

  • Legal Profession Gender Parity Requires Equal Parental Leave

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    To truly foster equity in the legal profession and to promote attorney retention, workplaces need to better support all parents, regardless of gender — starting by offering equal and robust parental leave to both birthing and non-birthing parents, says Ali Spindler at Irwin Fritchie.

  • A Year-End Look At Florida's Capital Investment Tax Credit

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    Notwithstanding the Walt Disney Co.’s feud with Gov. Ron DeSantis this year, Florida's capital investment tax credit will continue to make the state a favored destination for large corporations, particularly in light of the new federal alternative minimum tax and the Pillar Two top-up tax, says Alan Lederman at Gunster.

  • Understanding Discovery Obligations In Era Of Generative AI

    Excerpt from Practical Guidance
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    Attorneys and businesses must adapt to the unique discovery challenges presented by generative artificial intelligence, such as chatbot content and prompts, while upholding the principles of fairness, transparency and compliance with legal obligations in federal civil litigation, say attorneys at King & Spalding.

  • The Case For Post-Bar Clerk Training Programs At Law Firms

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    In today's competitive legal hiring market, an intentionally designed training program for law school graduates awaiting bar admission can be an effective way of creating a pipeline of qualified candidates, says Brent Daub at Gilson Daub.

  • AI Can Help Lawyers Overcome The Programming Barrier

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    Legal professionals without programming expertise can use generative artificial intelligence to harness the power of automation and other technology solutions to streamline their work, without the steep learning curve traditionally associated with coding, says George Zalepa at Greenberg Traurig.

  • Preparing Law Students For A New, AI-Assisted Legal World

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    As artificial intelligence rapidly transforms the legal landscape, law schools must integrate technology and curricula that address AI’s innate challenges — from ethics to data security — to help students stay ahead of the curve, say Daniel Garrie at Law & Forensics, Ryan Abbott at JAMS and Karen Silverman at Cantellus Group.

  • General Counsel Need Data Literacy To Keep Up With AI

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    With the rise of accessible and powerful generative artificial intelligence solutions, it is imperative for general counsel to understand the use and application of data for myriad important activities, from evaluating the e-discovery process to monitoring compliance analytics and more, says Colin Levy at Malbek.

  • Navigating Discovery Of Generative AI Information

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    As generative artificial intelligence tools become increasingly ubiquitous, companies must make sure to preserve generative AI data when there is reasonable expectation of litigation, and to include transcripts in litigation hold notices, as they may be relevant to discovery requests, say Nick Peterson and Corey Hauser at Wiley.

  • Finding Focus: Strategies For Attorneys With ADHD

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    Given the prevalence of ADHD among attorneys, it is imperative that the legal community gain a better understanding of how ADHD affects well-being, and that resources and strategies exist for attorneys with this disability to manage their symptoms and achieve success, say Casey Dixon at Dixon Life Coaching and Krista Larson at Stinson.

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