International

  • February 20, 2025

    Swiss Gov't Looks To Extend Tax Data Sharing To Crypto

    The Swiss government is looking to extend the automatic information exchange of tax data to include crypto-asset holdings, treating cryptocurrencies like traditional assets, according to a statement.

  • February 20, 2025

    Third Of Pension Professionals Uncertain About Gov't Policy

    Approximately one in three pension professionals is unclear about the government's priorities for the sector, research by a specialist law firm has suggested, with particular uncertainty over proposals to apply tax to wealth passed on through retirement savings plans.

  • February 19, 2025

    Miller & Chevalier Adds Former IRS Chief Counsel

    Miller & Chevalier Chtd. has found a new co-leader for its tax controversy and litigation practice as it brings aboard the former chief counsel of the Internal Revenue Service during President Donald Trump's first term.

  • February 19, 2025

    FinCEN Sets March Deadline For Corporate Transparency Act

    The U.S. Treasury Department's Financial Crimes Enforcement Network set a new deadline of March 21 for an estimated 32 million small entities to file beneficial ownership reports relating to the Corporate Transparency Act after a Texas federal judge lifted a block on the law's enforcement.

  • February 19, 2025

    McCarter & English Adds Shutts & Bowen Latin America Head

    The former chair of the Shutts & Bowen LLP's Latin America practice group and co-chair of its tax and international law practice group jumped to McCarter & English LLP in Miami, the firm announced Wednesday.

  • February 19, 2025

    Minn. House Bill Seeks Corporate Tax Break On GILTI

    Minnesota would eliminate state corporate taxation of global intangible low-taxed income and boost corporate tax deductions under legislation introduced in the state House.

  • February 18, 2025

    Dems Push Corporate Transparency Act Legitimacy To Courts

    Congress has the authority to establish a nationwide registry of the beneficial owners of legal entities by passing the Corporate Transparency Act, a group of Democratic legislators said in similar amicus briefs filed in appellate courts.

  • February 18, 2025

    DC Court Asked To Block DOGE's Access To Taxpayer Data

    A federal judge should block the U.S. Treasury Department's reported provision of taxpayer data to the Department of Government Efficiency, halt DOGE's access and order its software uninstalled from Treasury systems, unions and advocacy organizations said in a complaint.

  • February 18, 2025

    Goldstein's Overseas Ties Make It 'Easier To Flee,' Judge Says

    U.S. Supreme Court advocate and SCOTUSblog publisher Tom Goldstein has lost a second attempt to shield his more than $3 million residence in Washington, D.C., from forfeiture in his criminal tax evasion case as a Maryland federal judge ruled Tuesday that he remains a "significant flight risk."

  • February 18, 2025

    EU To Remove Two Countries From Tax Gray List

    The Council of the European Union said Tuesday that it will remove Costa Rica and Curaçao from its secondary list of jurisdictions on its gray list, in danger of being added to the blacklist of countries for harmful tax practices.

  • February 18, 2025

    EU Council Greenlights Digital VAT Exemption Certificates

    The Council of the European Union said it has adopted new rules to enforce digital certificates for companies to declare value-added tax exemptions, the council said Tuesday.

  • February 18, 2025

    Trading Firm Fined £1.7M For Financial Crime Control Failings

    The Financial Conduct Authority said Tuesday it has fined trader Mako Financial Markets Partnership LLP £1.66 million ($2 million) for its failure to have effective controls against financial crime in cum-ex trading.

  • February 17, 2025

    Former Entain Execs Sue Addleshaw For Privileged Docs

    The former chief executive at the predecessor of Entain and the betting giant's former chair have sued Addleshaw Goddard LLP, seeking the release of privileged advice believed to have been turned over to regulators and prosecutors in a major bribery investigation.

  • February 14, 2025

    Ex-Greenberg Traurig Atty Gets 30 Months For Tax Fraud

    A former partner in the Amsterdam office of Greenberg Traurig has been sentenced to 30 months in prison after pleading guilty in New York federal court to helping file a false tax return as part of an alleged ploy to help a famous DJ hide global income from the Internal Revenue Service. 

  • February 14, 2025

    Maine Judge Denies Challenge To Corporate Transparency Act

    A Maine federal judge upheld the Corporate Transparency Act, rejecting one of several challenges across federal courts claiming Congress lacked the power to require companies to disclose their real owners.

  • February 14, 2025

    Corporate Transparency Act Vital For Nat'l Security, Circs. Told

    A nationwide registry of beneficial ownership information is critical to U.S. foreign policy and national security goals, which makes a law aimed at creating one, the Corporate Transparency Act, a valid exercise of congressional authority, groups told the Fourth and Fifth circuits.

  • February 14, 2025

    Alvarez & Marsal Appoints Tax Leader For Southeast Asia

    Alvarez & Marsal has appointed a former PwC senior tax partner as a managing director and head of tax for the Southeast Asia region.

  • February 14, 2025

    Brown Rudnick Bolsters Firm With Tax Pro From Fieldfisher

    Brown Rudnick LLP announced it added a former Fieldfisher partner to work in the firm's London-based litigation and dispute resolution practice as a tax partner.

  • February 14, 2025

    Tariffs On Drugs And Chips May Not Bring Makers Stateside

    The White House's planned tariffs on semiconductors, computer chips and pharmaceuticals are likely to raise prices for consumers and businesses, but won't necessarily lead to the president's stated goal of growing domestic manufacturing, attorneys and others told Law360.

  • February 14, 2025

    Canadian Owes Taxes On Foreign Earnings, Court Rules

    A Canadian must pay taxes and penalties on foreign earnings he didn't report to the country's revenue agency from 1998 to 2013, the Tax Court of Canada said in a decision released Friday, rejecting his claim that he was unaware of his reporting obligations.

  • February 14, 2025

    Australia Releases Thin Capitalization Test Choice Form

    The Australian Taxation Office released a form to be used by multinational entities looking to choose between two of the country's new alternative thin capitalization tests, which generally must be done by the time an entity files its tax return for the income year in question.

  • February 14, 2025

    India Tax Agency Sends Simplification Bill To Parliament

    Proposed simplifications to India's income tax code would lop off more than 250,000 words and eliminate over 280 sections in hopes of improving the clarity of the code, among other benefits, an Indian tax agency said.

  • February 14, 2025

    Trump Tariff Plan Sparks UK Fears Of Retaliation For VAT

    The U.K. could be hit with tariffs as part of U.S. President Donald Trump's plan to impose reciprocal measures on countries that levy value-added taxes on American products, with sectors such as pharmaceuticals under threat, experts in Britain warned.

  • February 13, 2025

    FedEx Avoids Haircut In $85M Tax Credit Fight

    The Internal Revenue Service cannot put a haircut on nearly $85 million in tax credits claimed by FedEx for foreign taxes it paid on overseas earnings because statutory law forbids it, a Tennessee federal court ruled Thursday.  

  • February 13, 2025

    Trump Reciprocal Tariff Plan Could Spur Supply 'Nightmares'

    The U.S. will explore imposing reciprocal tariffs that equal rates levied by other countries importing American products, President Donald Trump announced Thursday, a move some experts worry will lead to "compliance nightmares" and COVID-level disruptions to supply chains.

Expert Analysis

  • A Healthier Legal Industry Starts With Emotional Intelligence

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    The legal profession has long been plagued by high rates of mental health issues, in part due to attorneys’ early training and broader societal stereotypes — but developing one’s emotional intelligence is one way to foster positive change, collectively and individually, says attorney Esperanza Franco.

  • To Make Your Legal Writing Clear, Emulate A Master Chef

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    To deliver clear and effective written advocacy, lawyers should follow the model of a fine dining chef — seasoning a foundation of pure facts with punchy descriptors, spicing it up with analogies, refining the recipe and trimming the fat — thus catering to a sophisticated audience of decision-makers, says Reuben Guttman at Guttman Buschner.

  • Circuit Judge Writes An Opinion, AI Helps: What Now?

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    Last week's Eleventh Circuit opinion in Snell v. United Specialty Insurance, notable for a concurrence outlining the use of artificial intelligence to evaluate a term's common meaning, is hopefully the first step toward developing a coherent basis for the judiciary's generative AI use, says David Zaslowsky at Baker McKenzie.

  • Trauma-Informed Legal Approaches For Pro Bono Attorneys

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    As National Trauma Awareness Month ends, pro bono attorneys should nevertheless continue to acknowledge the mental and physical effects of trauma, allowing them to better represent clients, and protect themselves from compassion fatigue and burnout, say Katherine Cronin at Stinson and Katharine Manning at Blackbird.

  • How Attys Can Avoid Pitfalls When Withdrawing From A Case

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    The Trump campaign's recent scuffle over its bid to replace its counsel in a pregnancy retaliation suit offers a chance to remind attorneys that many troubles inherent in withdrawing from a case can be mitigated or entirely avoided by communicating with clients openly and frequently, says Christopher Konneker at Orsinger Nelson.

  • Using A Children's Book Approach In Firm Marketing Content

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    From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for potential clients, says Seema Desai Maglio at The Found Word.

  • New Crypto Reporting Will Require Rigorous Recordkeeping

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    The release of a form for reporting digital asset transactions is a pivotal moment in the Internal Revenue Service's efforts to track cryptocurrency activities that increases oversight by requiring brokers to report investor sales and exchanges, say Shaina Kamen and Max Angel at Holland & Knight.

  • Exploring An Alternative Model Of Litigation Finance

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    A new model of litigation finance, most aptly described as insurance-backed litigation funding, differs from traditional funding in two key ways, and the process of securing it involves three primary steps, say Bob Koneck, Christopher Le Neve Foster and Richard Butters at Atlantic Global Risk LLC.

  • A Vision For Economic Clerkships In The Legal System

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    As courts handle increasingly complex damages analyses involving vast amounts of data, an economic clerkship program — integrating early-career economists into the judicial system — could improve legal outcomes and provide essential training to clerks, say Mona Birjandi at Data for Decisions and Matt Farber at Secretariat.

  • A Look At New IRS Rules For Domestically Controlled REITs

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    The Internal Revenue Services' finalized Treasury Regulations addressing whether real estate investment trusts qualify as domestically controlled adopt the basic structure of previous proposals, but certain new and modified rules may mitigate the regulations' impact, say attorneys at Simpson Thacher.

  • E-Discovery Quarterly: Recent Rulings On Text Message Data

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    Electronically stored information on cellphones, and in particular text messages, can present unique litigation challenges, and recent court decisions demonstrate that counsel must carefully balance what data should be preserved, collected, reviewed and produced, say attorneys at Sidley.

  • Don't Use The Same Template For Every Client Alert

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    As the old marketing adage goes, consistency is key, but law firm style guides need consistency that contemplates variety when it comes to client alert formats, allowing attorneys to tailor alerts to best fit the audience and subject matter, says Jessica Kaplan at Legally Penned.

  • Think Like A Lawyer: Follow The Iron Rule Of Trial Logic

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    Many diligent and eager attorneys include every good fact, point and rule in their trial narratives — spurred by the gnawing fear they’ll be second-guessed for leaving something out — but this approach ignores a fundamental principle of successful trial lawyering, says Luke Andrews at Poole Huffman.

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