International
-
September 18, 2026
Exxon Wins $456M Tax, Penalty Refund In Qatar Gas Case
Exxon is entitled to a $274 million tax refund for a deduction of interest expenses fully allocated to the company by its partnership with Qatar to extract natural gas, a Texas federal court said Friday in an order that indicated $182 million in penalties should be returned as well.
-
September 18, 2026
House Bill Would Limit BEAT, Make Other Int'l Tax Changes
The U.S. would limit the scope of its base erosion and anti-abuse tax and modify several other international tax measures under a bill introduced by a Republican on the House Ways and Means Committee.
-
September 18, 2026
Tax Tipster Fights For Whistleblower Award At DC Circ.
U.S. Tax Court wrongly upheld the IRS denying a whistleblower award for information about a taxpayer's transfer pricing despite the agency failing to follow its internal procedures, the individual told the D.C. appeals court.
-
September 18, 2026
Taxation With Representation: Davis Polk, Latham, Sullivan
In this week's Taxation With Representation, a group backed by Michael Dell's family office and Sequence Holdings acquires a majority interest in The Baldwin Group, May Mobility merges with a blank check company, and Infineon Technologies sells its memory chip business to Winbond Electronics.
-
September 18, 2026
Addison Lee Founder Loses £20M Appeal Over Tax Status
A businessman who founded British private car hire company Addison Lee can't avoid over £20.5 million ($27.4 million) in taxes after a London tribunal rejected his claim to nondomicile tax status over his family connections to Ireland.
-
September 18, 2026
IRS Floats Tax Return Form With Question About Citizenship
The Internal Revenue Service released a draft version of the Form 1040 individual tax return that for the first time would include a question about the filer's citizenship status.
-
September 18, 2026
Five Deny Tax Fraud Charges Over Payroll Outsourcing
Five individuals pleaded not guilty Friday at a London criminal court to tax fraud and money laundering charges linked to an HM Revenue and Customs investigation into a payroll outsourcing business.
-
September 17, 2026
IRS Defends Regs In Meta's Fight Against $16B Tax Bill
The IRS urged the U.S. Tax Court to validate regulations that Facebook parent Meta is challenging in its fight against a nearly $16 billion tax bill, arguing that the social media giant is recycling arguments the Ninth Circuit already rejected.
-
September 17, 2026
IRS Properly Nixed Whistleblower's Award Bid, Tax Court Says
The IRS didn't abuse its discretion in denying a whistleblower's bid for an award for information regarding alleged underpayments by a large multinational corporation, the U.S. Tax Court ruled Thursday, upholding the agency's determination that it had already identified the key issues for its investigation.
-
September 17, 2026
Electricity Tax Rules Kept In Irish EU Reg Draft, Over Protests
The Irish government, currently leading the Council of the European Union, kept rules requiring tax rates on electricity to be no less favorable than those on natural gas in its revision of a draft EU regulation, despite some member states' objections, according to a document obtained Thursday by Law360.
-
September 17, 2026
6 Convicted In €520M Mafia-Linked VAT Fraud Syndicate
A Milan court convicted six individuals of participating in a €520 million ($597 million) value-added tax fraud scheme involving electronics that was bankrolled by an Italian crime syndicate, the European Public Prosecutor's Office said Thursday.
-
September 17, 2026
Canada Tax Court Limits Deductions Under Insurance Policy
Two brothers who run a Canadian agricultural machinery manufacturing business recently lost their dispute with federal revenue collectors after the Tax Court of Canada limited their attempt to claim millions in tax deductions through a complex life insurance arrangement.
-
September 17, 2026
UK Film Tax Relief Rises Past £700M
The U.K. government paid out £702 million ($937 million) in a tax relief program for the film industry in the 2024-25 tax year, an increase of 39% from the previous year, according to official data published Thursday.
-
September 17, 2026
HMRC Draft Rules Set 22% Charge On Cash In Stock ISAs
Britain's tax authority published draft rules Thursday for the 2027 cash limit for individual savings accounts, including a new flat-rate charge of 22% on interest earned on cash parked inside stocks and shares wrappers.
-
September 17, 2026
Australian Tax Office Takes In $1.3B From Corp. Settlements
The Australian Taxation Office collected AU$1.3 billion ($925 million) in revenue from settlements with large corporations during the most recent tax year, representing 58% of the total disputed amount, the agency said Thursday.
-
September 17, 2026
4 Arrested In €15.7M Phone Tax Fraud, EU Says
European authorities conducted searches, arrests and asset freezes as part of an investigation into a suspected cross-border value-added tax fraud involving online mobile phones sales, prosecutors said Thursday.
-
September 17, 2026
UK Think Tank Urges New Taxing Powers For Growth
The Labour government should allow mayors to keep a greater share of corporate and income tax revenue to promote economic growth across the U.K., a think tank urged in a new report.
-
September 16, 2026
House Clears Russia Sanctions Bill With New Tariff Powers
The U.S. House of Representatives approved legislation Wednesday that would enhance President Donald Trump's economic tools to pressure Russia and Iran, including new tariff authorities to impose duties on imports from countries found to economically support Russia, sending the bill to his desk.
-
September 16, 2026
10th Circ. Mulls Audit Law In $16M Buy.com Founder Tax Suit
A Tenth Circuit panel grappled with whether a statutory auditing regime for partnerships allowed the founder of now-defunct Buy.com to challenge the validity of an audit extension agreement with the IRS during his personal tax proceedings.
-
September 16, 2026
Perrigo Shifted $212M In Profits To Shell Co., US Tells 6th Circ.
A Michigan court errantly allowed pharmaceutical giant Perrigo to avoid taxes on $212 million in profits by assigning a lucrative contract to a shell company that played no economic role in fulfilling its terms, the government told the Sixth Circuit.
-
September 16, 2026
NGOs Petition Burnham For Wealth Tax Ahead Of Budget
Prime Minister Andy Burnham should introduce a tax to target "extreme wealth" in the upcoming autumn budget, a coalition said Wednesday.
-
September 16, 2026
Gov't Forced To Hand Back £19M After Pension Tax Errors
The U.K. government has to pay back £19 million ($25.6 million) to around 3.2 million taxpayers after identifying errors over the taxation of pensions, according to a letter sent to the Public Accounts Committee published Wednesday.
-
September 15, 2026
Next Tariff Refund Phase To Deploy Next Month, CBP Says
U.S. Customs and Border Protection's next phase for its system administering tariff refunds for duties struck down by the U.S. Supreme Court will deploy Oct. 6, according to a declaration filed Tuesday in the U.S. Court of International Trade.
-
September 15, 2026
Canadian Gov't Wants Big Expansion Of Immediate Expensing
The Canadian government wants immediate expensing for corporate tax purposes to permanently cover a wider range of assets and apply to more taxpayers, according to draft legislation released Tuesday.
-
September 15, 2026
EU States Resist Taxing Electricity No More Than Natural Gas
Many European Union member states are opposed to a draft regulation that would require them to keep tax rates on electricity no higher than on natural gas and to adopt a tax framework supporting electricity more generally, according to comments obtained by Law360 on Tuesday.
Expert Analysis
-
Adapting To Private Practice: From Va. AUSA To Mid-Law
Returning to the firm where I began my career after seven years as an assistant U.S. attorney in Virginia has been complex, nuanced and rewarding, and I’ve learned that the pursuit of justice remains the constant, even as the mindset and client change, says Kristin Johnson at Woods Rogers.
-
7 Document Review Concepts New Attorneys Need To Know
For new associates joining firms this fall, stepping into the world of e-discovery can feel like learning a new language, but understanding a handful of fundamentals — from coding layouts to metadata — can help attorneys become fluent in document review, says Ann Motl at Bowman and Brooke.
-
Agentic AI Puts A New Twist On Attorney Ethics Obligations
As lawyers increasingly use autonomous artificial intelligence agents, disciplinary authorities must decide whether attorney responsibility for an AI-caused legal ethics violation is personal or supervisory, and firms must enact strong policies regarding agentic AI use and supervision, says Grace Wynn at HWG.
-
Opportunity Zone's Future Corp. Tax Benefits Still Uncertain
Despite recent legislative enhancements to the qualified opportunity fund program, and a new G7 understanding that would exempt U.S.-parented multinationals from the undertaxed profits rule, uncertainties over future tax benefits could dampen investment interest in the program, says Alan Lederman at Gunster.
-
How GILTI Reform Affects M&A Golden Parachute Planning
Deal teams should evaluate the effect of a recent seemingly technical change to U.S. international tax law on the golden parachute analysis that often plays a critical part of many corporate transactions to avoid underestimating its impact on an acquirer's worldwide taxable income following a triggering transaction, say attorneys at MoFo.
-
Demystifying The Civil Procedure Rules Amendment Process
Every year, an advisory committee receives dozens of proposals to amend the Federal Rules of Civil Procedure, most of which are never adopted — but a few pointers can help maximize the likelihood that an amendment will be adopted, says Josh Gardner at DLA Piper.
-
Parenting Skills That Can Help Lawyers Thrive Professionally
As kids head back to school, the time is ripe for lawyers who are parents to consider how they can incorporate their parenting skills to build a deep, meaningful and sustainable legal practice, say attorneys at Alston & Bird.
-
Trump Tax Law's Most Impactful Energy Changes
The One Big Beautiful Bill Act's deferral of begin-construction deadlines and the phaseout of certain energy tax credits will provide emerging technologies with welcome breathing room, though other changes, like the increased credit rate for sustainable aviation fuel, create challenges for developers, say attorneys at Weil.
-
Adapting To Private Practice: From Texas AUSA To BigLaw
As I learned when I transitioned from an assistant U.S. attorney to a BigLaw partner, the move from government to private practice is not without its hurdles, but it offers immense potential for growth and the opportunity to use highly transferable skills developed in public service, says Jeffery Vaden at Bracewell.
-
Advice For 1st-Gen Lawyers Entering The Legal Profession
Nikki Hurtado at The Ferraro Law Firm tells her story of being a first-generation lawyer and how others who begin their professional journeys without the benefit of playbooks handed down by relatives can turn this disadvantage into their greatest strength.
-
Trump Tax Law's Most Impactful Corp. And Individual Changes
The One Big Beautiful Bill Act built on and reshaped elements of the Tax Cuts and Jobs Act, including business interest deductions, bonus depreciation and personal income relief, delivering substantial changes to both corporate and individual tax policy, say attorneys at Weil.
-
From Clerkship To Law Firm: 5 Transition Tips For Associates
Excerpt from Practical Guidance
Transitioning from a judicial clerkship to an associate position at a law firm may seem daunting, but by using knowledge gained while clerking, being mindful of key differences and taking advantage of professional development opportunities, these attorneys can flourish in private practice, say attorneys at Lowenstein Sandler.
-
Trump Tax Law's Most Consequential International Changes
The international tax provisions in the One Big Beautiful Bill Act may result in higher effective tax rates for some multinational corporations, but others, particularly those operating in low-tax jurisdictions, may benefit from alignment with global anti-profit shifting efforts, say attorneys at Weil.