International
-
September 25, 2026
Revamping UK Property Tax Could Fuel Spending, Group Says
The U.K. government should consider introducing a proportional property tax to replace council tax and stamp duty, a move that could unlock more than £10 billion ($13.2 billion) in consumer spending, a campaign group said Friday.
-
September 25, 2026
IRS Compliance Takes Up $387B Worth Of Time, Group Says
Americans are estimated to spend almost 6.9 billion hours complying with Internal Revenue Service filing and reporting requirements in 2026, representing roughly $387 billion in potential lost productivity to the U.S. economy, the Tax Foundation said in a report released Friday.
-
September 25, 2026
Taxation With Representation: Kirkland, Latham, McDermott
In this week's Taxation With Representation, Royal Caribbean invests billions in a joint venture with Sandals, Telix Pharmaceuticals buys ITM Isotope Technologies Munich, and Priority Technology makes a go-private deal with an investor group helmed by the company's chair and CEO.
-
September 25, 2026
Finland Floats Pass-Through Tax Rules For Investment Funds
Finland's Ministry of Finance published draft legislation Friday for plans to no longer tax limited partnership investment funds as corporations and to instead create new rules that would allocate the fund's income directly to investors.
-
September 24, 2026
US Group Can Fight Belgian Min. Tax Backstop, Court Says
A U.S. business advocacy group can continue fighting Belgium's backstop to the 15% global minimum tax despite the European Commission endorsing an exemption for American companies because U.S. companies' Belgian subsidiaries may still be affected, the Belgian Constitutional Court said Thursday.
-
September 24, 2026
IRS Extends Grace Period For Int'l Money Transfer Tax Errors
The Internal Revenue Service extended relief from penalties for U.S. financial institutions that handle overseas money transfers and that must accurately deposit excise taxes as required under the budget reconciliation bill enacted in 2025, the agency announced Thursday.
-
September 24, 2026
Construction Co. Administrators Recover £3.4M From HMRC
Administrators for collapsed construction company Ardmore Construction recovered £3.4 million ($4.5 million) in overpayments from Britain's tax authority, according to a public filing.
-
September 24, 2026
UK Corporate Tax Receipts Hit £100B As Rates Rise
U.K. corporate tax revenue surpassed £100 billion ($132.1 billion) in financial year 2025-26, according to official data published Thursday.
-
September 24, 2026
France Calls For Harmonized Customs Intermediary Process
French delegates at the Council of the European Union are pushing for more streamlined treatment of customs intermediaries across member states to fight value-added tax fraud and unfair business competition, according to a policy note seen by Law360 on Thursday.
-
September 24, 2026
Canadian Trust's Tax Year Didn't End At Wind Up, Court Says
The tax year of a Canadian trust that shut down just before the end of 2023 ran through the end of the calendar year, so new ownership reporting rules applied, the Tax Court of Canada said, upholding a late-filing penalty.
-
September 24, 2026
EU Countries Criticize UN Tax Framework Process As Biased
A clear majority of European Union countries criticized the tax policy framework steered by the United Nations and voiced concerns during a meeting about bias and inadequate technical processes, three EU officials told Law360.
-
September 23, 2026
Overseas Income Regs May Cause M&A Headaches
Regulations proposed by the U.S. Treasury Department would provide clean breaks for companies that sell more than 50% of their foreign affiliates, but transactions that fall below this threshold could still expose corporations to post-closing tax risks and deal friction.
-
September 23, 2026
Europe's International Tax Abuse Mostly Regional, Group Says
Companies and individuals across the world shifted or held an estimated $1.6 trillion across borders primarily to avoid or evade taxes in 2022, with money from Europe mostly destined for other European countries, according to a tool launched Wednesday by the Tax Justice Network.
-
September 23, 2026
Aventis Denies Owning Assets In $40M Tax Fight At 3rd Circ.
The U.S. Tax Court contradicted its own findings by deciding that pharmaceutical company Aventis controlled assets in an investment vehicle with a French affiliate, couldn't deduct related payments and was liable for nearly $40 million in income taxes, the company told the Third Circuit.
-
September 23, 2026
HMRC Disputes £400M Inheritance Tax Underpayment Claim
Britain's tax authority disputed a claim from a law firm that it suspects wealthy individuals may have underpaid inheritance tax by as much as £392 million ($523.2 million) in fiscal year 2025-26, saying the figure represents tax under consideration, not an estimate of tax owed or underpaid.
-
September 23, 2026
Watchdog Revises Auditor External Expert Standards
Britain's accounting watchdog has revised two of its standards on using the work of an external expert in the audit process, aligning them Wednesday with changes made by an international standard-setter.
-
September 23, 2026
French Official Urges Working With EU On Cheaper Imports
France must move away from unilateral action and work with its European Union partners to manage an increase in small parcels sent to the bloc, a French official said Wednesday.
-
September 23, 2026
English Mayors Need £3.8B Tax Shift, Report Says
The Labour government should grant England's mayors a 5% share of income tax revenue, shifting an additional £3.8 billion ($5 billion) a year out of central government, a think tank report said Wednesday.
-
September 23, 2026
Arms Dealers Get 32 Years For Evading UK Export Controls
Two men convicted of illegally selling arms and military equipment to countries in Africa and the Middle East were sentenced to a combined 32 years in prison on Wednesday, according to HM Revenue and Customs.
-
September 23, 2026
Grant Thornton Sued Over Negligence On $3.7M Tax Bill
Optimus Group has sued Grant Thornton Australia in the Supreme Court of Victoria, alleging that negligent advice on a corporate restructure left the car dealership owner with an unexpected $3.7 million stamp duty bill.
-
September 22, 2026
EU Aims To Charge €2 Handling Fee For E-Commerce Goods
The European Union's executive branch plans to charge a €2 ($2.29) fee per e-commerce good that enters the bloc to offset the costs of customs operations, it said in a regulation.
-
September 22, 2026
Virgin Islands Tax Agency Can't Ignore Treasury, Judge Says
The U.S. Supreme Court's 2024 Loper Bright decision does not allow U.S. Virgin Islands revenue collectors to override U.S. Treasury Department regulations exempting residents of the territory from the net investment income tax, a federal judge held.
-
September 22, 2026
Suspect Arrested In Electronics VAT Fraud, EPPO Says
Dutch authorities have arrested a suspected broker in a large-scale value-added tax fraud ring involving electronics, seizing €3.5 million ($4 million) worth of assets in the process, the European Public Prosecutor's Office said Tuesday.
-
September 22, 2026
Polish Official Named Head Of EU Tax Conduct Group
A European Union group designed to tackle harmful tax practices at a global level named a Polish official as its new chair Tuesday, according to officials at the Council of the EU.
-
September 22, 2026
HMRC Reminds Companies To Join Brexit Trade Platform
The U.K.'s tax authority reminded businesses Tuesday that they are required to join the new trader support service for the flow of goods from Northern Ireland to Britain before it goes live in October.
Expert Analysis
-
OFAC Sanctions Will Intensify Amid Global Tensions In 2026
The Office of Foreign Assets Control will ramp up its targeting of companies in the private equity, venture capital, real estate and legal markets in 2026, in keeping with the aggressive foreign policy approach embraced by the Trump administration in 2025, say attorneys at Holland & Knight.
-
5 E-Discovery Predictions For 2026 And Beyond
2026 will likely be shaped by issues ranging from artificial intelligence regulatory turbulence to potential evidence rule changes, and e-discovery professionals will need to understand how to effectively guide the responsible and defensible adoption of emerging tools, while also ensuring effective safeguards, say attorneys at Littler.
-
2026 Enforcement Trends To Expect In Maritime And Int'l Trade
The maritime and international trade community should expect U.S. federal enforcement to ramp up in 2026, particularly via Office of Foreign Asset Control shipping sanctions, accelerating interagency investigations of trade fraud, and U.S. Coast Guard narcotics and pollution inspections, say attorneys at Holland & Knight.
-
Judges On AI: How Courts Can Boost Access To Justice
Arizona Court of Appeals Judge Samuel A. Thumma writes that generative artificial intelligence tools offer a profound opportunity to enhance access to justice and engender public confidence in courts’ use of technology, and judges can seize this opportunity in five key ways.
-
The Case For Emulating, Not Dividing, The Ninth Circuit
Champions for improved judicial administration should reject the unfounded criticisms driving recent Senate proposals to divide the Ninth Circuit and instead seek to replicate the court's unique strengths and successes, says Ninth Circuit Judge J. Clifford Wallace.
-
5 Tariff And Trade Developments To Watch In 2026
A new trade landscape emerged in 2025, the contours of which will be further defined by developments that will merit close attention this year, including a key ruling from the U.S. Supreme Court and a review of the U.S.-Mexico-Canada Agreement, says Ted Posner at Baker Botts.
-
4 Developments That Defined The 2025 Ethics Landscape
The legal profession spent 2025 at the edge of its ethical comfort zone as courts, firms and regulators confronted how fast-moving technologies and new business models collide with long-standing professional duties, signaling that the profession is entering a period of sustained disruption that will continue into 2026, says Hilary Gerzhoy at HWG Law.
-
How Fractional GCs Can Manage Risks Of Engagement
As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.
-
How OECD Tax Update Tackles Mobile Workforce Complexity
The Organization for Economic Cooperation and Development’s recently updated model tax convention — a recalibration of international tax principles in response to an increasingly mobile workforce — should prompt companies to reevaluate cross-border operations, transfer pricing policies and tax controversy strategies, say attorneys at Eversheds.
-
A Uniform Federal Rule Would Curb Gen AI Missteps In Court
To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.
-
Supreme Court Term Limits Would Carry Hidden Risk
While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
-
Tariffs And Trade Volatility Drove 2025 Bankruptcy Wave
The Trump administration's tariff regime has reshaped the commercial restructuring landscape this year, with an increased number of bankruptcy filings showing how tariffs are influencing first‑day narratives, debtor-in-possession terms and case strategies, say attorneys at Thompson Hine.
-
AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.