International

  • February 12, 2025

    Winthrop & Weinstine Brings In Tax Counsel Duo As Co-Chairs

    Minneapolis-based Winthrop & Weinstine PA has added tax attorneys from Kirkland & Ellis LLP and Shartsis Friese LLP to become shareholders of the firm and co-chairs of its tax practice, the firm announced Wednesday.

  • February 12, 2025

    Aussie Greens Party Proposes 10% Tax On Billionaires

    The Australian Greens party has proposed a 10% tax on the wealth of the country's 150 billionaires, with projections that the plan would generate AU$50 billion ($31.4 billion) over the next decade to help fund essential services.

  • February 12, 2025

    Squire Patton Brings On Polsinelli Tax Ace In Houston

    Squire Patton Boggs LLP announced Wednesday that a former Polsinelli PC shareholder has joined the tax strategy and benefits practice group in Houston, an addition that helps the firm address growing client needs.

  • February 12, 2025

    EU Presses Greece To End Tax-Free Shops' Excise Exemption

    Greece must remove its excise duty exemption for tax-free shops at borders with non-European Union countries, which has not been allowed under EU regulations since 2017, the European Commission said Wednesday.

  • February 12, 2025

    Berger Singerman Adds Carlton Fields Tax Pro In Miami

    Florida business law firm Berger Singerman has added a new partner to its business, finance and tax team in Miami from Carlton Fields.

  • February 12, 2025

    EU Parliament Greenlights Changes To Digital VAT Rules

    The European Parliament approved a series of changes to the European Union's plans to reform the value-added tax rules of the economic bloc including fully digitalizing VAT reporting, making it harder to dodge the tax in EU jurisdictions, according to a statement Wednesday.

  • February 12, 2025

    HMRC Can't Tax Canadian Bank For Oil Loan Payments

    The U.K. Supreme Court ruled Wednesday that HM Revenue and Customs cannot tax loan payments made to Royal Bank of Canada connected to oil rights in the North Sea because the underlying agreement did not give an oil company the right to work the oilfield.

  • February 11, 2025

    Trump's Tariffs, GOP Tax Goals Pose Political Puzzle

    President Donald Trump's use of wholesale tariffs may generate trillions of dollars across a 10-year budget window, but the economic uncertainty associated with the U.S.'s aggressive trade posture could politically harm Republicans' must-have efforts to shepherd a tax bill into law this year, experts say.

  • February 11, 2025

    £5.5B Tax Evasion Could Be 'Tip Of Iceberg,' Watchdog Warns

    The £5.5 billion ($6.8 billion) annual cost of tax evasion drawn up by HM Revenue and Customs is probably "vastly underestimated" — and the authority has no plan to tackle the gap in the public purse, the government's spending watchdog warned Wednesday.

  • February 11, 2025

    Ill. Bill Would Trim Corp. Carryover Limit's Time Frame

    Illinois would shorten the time frame of a limit on carryover deductions for corporations under the state's income tax law and prohibit the imposition of franchise taxes on domestic or foreign corporations as part of a bill introduced in the state Senate.

  • February 11, 2025

    FBAR Default Vacated To Give Widow Another Chance

    A New York federal court agreed with a magistrate's recommendation to vacate a default judgment against a widow, giving her another chance to defend her husband's estate against the government's $275,000 claim that he failed to report his Indian bank account.

  • February 11, 2025

    UK Looking For Int'l Feedback On Carbon Tax Measure

    The U.K. is establishing an international group in order to get feedback on its upcoming carbon border tax with the hopes of helping the countries that will be most impacted by the measure to better understand it, HM Treasury said Tuesday.

  • February 11, 2025

    EU Leaders Poised For 'Proportionate' Response To US Tariffs

    European Union officials criticized President Donald Trump's decision to impose an across-the-board 25% tariff on all imported steel and aluminum, with European Commission President Ursula von der Leyen on Tuesday signaling "firm and proportionate countermeasures."

  • February 11, 2025

    Commerce Powers Key In Battle Over Corp. Transparency Law

    The question of whether Congress exceeded its powers to regulate commerce by enacting the Corporate Transparency Act is likely to feature in a potential U.S. Supreme Court resolution to around a dozen challenges to the law that are percolating through the courts.

  • February 11, 2025

    Tribunal To Consider If FCA Has Equality Duty In Cum-Ex Row

    The U.K.'s Upper Tribunal will hold a preliminary hearing to decide whether the Financial Conduct Authority has a duty to not discriminate when it fined and banned a cum-ex trader from the industry, according to a tribunal decision published Tuesday.

  • 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.

Expert Analysis

  • Tax Court Should Update Framework For Defining Insurance

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    ​​​​​​​The U.S. Tax Court's unnecessary determination in Royalty Management Insurance v. Commissioner that a fraudulent transaction did not contain the hallmarks of a legitimate insurance transaction applies an outdated analysis that threatens the captive insurance sector and illustrates the need for a more modern framework to define true insurance, says Matthew Queen at the Queen Firm.

  • When US Privilege Law Applies To Docs Made Outside The US

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    As globalization manifests itself in disputes over foreign-created documents, a California federal court’s recent trademark decision illustrates nuances of both U.S. privilege frameworks and foreign evidentiary protections that attorneys must increasingly bear in mind, say attorneys at Hunton.

  • Impact Of Corporate Transparency Act Ambiguity On Banks

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    Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.

  • 6 Changes I Would Make If I Ran A Law School

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    Reuben Guttman at Guttman Buschner identifies several key issues plaguing law schools and discusses potential solutions, such as opting out of the rankings game and mandating courses in basic writing skills.

  • Firms Still Have The Edge In Lateral Hiring, But Buyer Beware

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    Partner mobility data suggests that the third quarter of this year continued to be a buyer’s market, with the average candidate demanding less compensation for a larger book of business — but moving into the fourth quarter, firms should slow down their hiring process to minimize risks, say officers at Decipher Investigative Intelligence.

  • Think Like A Lawyer: 1 Type Of Case Complexity Stands Out

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    In contrast to some cases that appear complex due to voluminous evidence or esoteric subject matter, a different kind of complexity involves tangled legal and factual questions, each with a range of possible outcomes, which require a “sliding scale” approach instead of syllogistic reasoning, says Luke Andrews at Poole Huffman.

  • Think Like A Lawyer: Note 3 Simple Types Of Legal Complexity

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    Cases can appear complex for several reasons — due to the number of issues, the volume of factual and evidentiary sources, and the sophistication of those sources — but the same basic technique can help lawyers tame their arguments into a simple and persuasive message, says Luke Andrews at Poole Huffman.

  • Litigation Inspiration: Reframing Document Review

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    For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben.

  • 3 Ways To Train Junior Lawyers In 30 Minutes Or Less

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    Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.

  • The Bar Needs More Clarity On The Discovery Objection Rule

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    Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office.

  • So You Want To Move Your Law Practice To Canada, Eh?

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    Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.

  • Promoting Diversity In The Selection Of ADR Neutrals

    Excerpt from Practical Guidance
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    Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler.

  • Striking A Balance Between AI Use And Attorney Well-Being

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    As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.

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