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International
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April 16, 2026
UK Travel Co. Can Challenge VAT Credit Adjustment
A travel agency can proceed with challenging HM Revenue & Customs' trimming of its value-added tax credit by about £187,000 ($253,000) after a court spiked the U.K. tax authority's bid for an early end to the case.
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April 16, 2026
UK Firms Wary Of Loan-Out Contracts, Paramount VP Says
Companies across various industries are becoming more hesitant to employ people via loan-out firms because of concerns about their own tax liabilities, a Paramount Global vice president said Thursday.
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April 16, 2026
Texas Judge Vacates IRS' Steep Microcaptive Reporting Rule
A Texas federal judge vacated a tax code regulation designating microcaptive insurance transactions as listed transactions subject to deep scrutiny and hefty penalties, saying the Internal Revenue Service didn't prove that they are mostly for tax avoidance and not really for insurance.
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April 16, 2026
Defunct Canada Law Firm Can't Get Bad Debt Tax Deduction
A shuttered Canadian law firm can't get a tax break on unpaid client bills, the Tax Court of Canada ruled, holding that the firm didn't make a sufficient effort to chase down payments before claiming a bad debt deduction.
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April 16, 2026
OECD To Address Double-Tax Policy Quirk, Official Says
The Organization for Economic Cooperation and Development is working to iron out a policy quirk that can result in double taxation when it is unclear whether restrictions on interest deductions fall under domestic tax rules or international treaty frameworks, an OECD official said Thursday.
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April 16, 2026
Canadian Bank Defeats Country-By-Country Tax Proposal
Shareholders of the Canadian Imperial Bank of Commerce voted against a proposal to require the bank to disclose public country-by-country reports of tax information Thursday, with only about 10% of shareholders voting in favor.
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April 15, 2026
Centrica Loses £5.3M Tax Dispute Over North Sea Gas Field
Centrica's activities in a North Sea natural gas field amount to oil extraction, and therefore the company is liable for corporate tax bills totaling £5.3 million ($7.2 million) under the rules governing energy taxation, according to a London tribunal.
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April 15, 2026
Cross-Border Services Taxes Are 'Quasi-Tariffs,' Report Says
The U.S. arguably has a stronger interest in challenging digital services taxes and other "quasi-tariffs" than in pursuing tariffs on physical goods, according a report Wednesday from the Tax Foundation, which contended that these overseas taxes disproportionately harm large services exporters.
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April 15, 2026
UK Tribunal Says Director Owed Tax On Written-Off Loan
The former director of a defunct U.K. company is on the hook for taxes and penalties after he failed to report a canceled debt to tax authorities, a U.K. court ruled Wednesday.
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April 15, 2026
Eaton Says Tax Court Can't Disregard Transfer Of $14B Asset
The U.S. Tax Court can't disregard Eaton's transfer of a $14 billion asset overseas because the IRS itself didn't challenge the transaction's validity, the company argued Wednesday in defending the interest rates and guarantee fees paid to its Irish parent in 2012 and 2013.
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April 15, 2026
Builders Brace To Fight Tax Fraud 'Should Have Known' Test
Britain's tax agency has begun to wield strengthened enforcement powers to combat tax fraud in the construction industry after reforms that lawyers warn could trigger disputes as businesses challenge whether they meet the regime's contentious "should have known" test.
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April 15, 2026
Orsted Loses Top UK Court Case Over Wind Farm Tax Break
A Danish wind farm company cannot claim tax relief on pre-development costs for building wind farms, Britain's top court held Wednesday, ruling that the costs are not sufficiently connected to the provision of plants and machinery.
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April 14, 2026
Siemens Says It Met Conditions For $671M Deduction
Siemens Medical Solutions is entitled to a $670.6 million foreign-dividend tax deduction because it met the three prerequisites set forth in the statute governing the deduction, the company told the U.S. Tax Court.
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April 14, 2026
Canada To Suspend Fuel Taxes Amid War In Iran
Canada will temporarily suspend excise taxes on fuel, a CA$2.4 billion ($1.7 billion) expenditure aimed at combating price spikes linked to the U.S. and Israel's war in Iran, Prime Minister Mark Carney said Tuesday in his first action after winning a governing majority.
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April 14, 2026
IRS Audited 3% Of Rich Taxpayers Pegged As Flouting FATCA
The IRS audited just 3% of taxpayers with $6.2 trillion offshore who were identified as noncompliant with the Foreign Account Tax Compliance Act and assessed no penalties to the vast majority of "egregious nonfilers," the Treasury Inspector General for Tax Administration said in a report.
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April 14, 2026
Customs Casts Doubt On Automating Certain Tariff Refunds
U.S. Customs and Border Protection's automated tariff refund system is nearly complete, but thousands of imports may require a more cumbersome manual process that could undermine the agency's other priorities, an official told the U.S. Court of International Trade on Tuesday.
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April 14, 2026
Canada Appeals Court Denies Costs To Gov't In Tax Disputes
Canada's government will not receive enhanced legal costs for tax disputes with two companies where it largely prevailed because it failed to demonstrate that related cases held in abeyance justified the extra award, according to the Federal Court of Appeal.
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April 14, 2026
2nd Circ. Urged To Rethink IRS Win In Foreign Reporting Case
A New York business owner asked the Second Circuit to rethink a panel's decision that held the IRS could automatically assess and administratively collect certain foreign information reporting penalties, arguing that the ruling deepens a nationwide conflict about the agency's assessment authority.
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April 14, 2026
Fire Alarm Biz Boss Banned Over £327K Tax Dodging
The owner of two fire alarm companies has been banned from running businesses for six years after dodging more than £327,000 ($444,000) in income tax and value-added tax owed to the U.K.'s tax authority, the Insolvency Service said Tuesday.
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April 13, 2026
EU Biz Plan Aims To Avoid Unanimous Tax Vote, Official Says
The European Commission purposefully stopped short on prescribing tax changes in its EU Inc. company support proposal to avoid having to put the plans to a unanimous vote that may have delayed or derailed the package, an official said Monday.
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April 13, 2026
Starbucks Claims £13.7M Tax Credit Amid Sales Growth
Starbucks received a £13.7 million ($18.4 million) corporate tax credit in the U.K. in 2025, according to company filings, offsetting losses even as its sales increased 6% in the country.
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April 13, 2026
Reform UK Leader Defends Deputy On Claims Of Unpaid Tax
Reform UK leader Nigel Farage said Monday that he is "satisfied" that his deputy Richard Tice's company paid the "full amount of tax" in response to allegations that Tice's property company failed to pay £120,000 ($161,500) in taxes on dividends.
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April 13, 2026
Weil Adds Kirkland, DLA Piper Attys To Private Funds Platform
Weil Gotshal & Manges LLP announced two additions to its private funds platform on Monday, one from Kirkland & Ellis and the other from DLA Piper.
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April 13, 2026
IRS Updates Rates For Foreign Insurance Co. Equations
The Internal Revenue Service on Monday published updated domestic asset/liability and yields percentages for 2025 that foreign life insurance companies and foreign property and liability insurance companies need to compute their minimum effectively connected net investment income.
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April 13, 2026
Australia Eyes Higher Penalties For Misconduct By Tax Pros
Australia wants a sizable increase in civil penalties for tax professionals, new categories of misconduct and stronger enforcement capacities for the profession's regulator in response to PricewaterhouseCoopers LLP leaking confidential tax policies to clients, according to the government.
Expert Analysis
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How Law Firms Can Counteract The Loneliness Epidemic
The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent.
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5 Keys To Building Stronger Attorney-Client Relationships
Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development.
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Attorneys Must Act Now To Protect Judicial Independence
Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Reading The Tea Leaves On Mexico, Canada And China Tariffs
It's still unclear whether the delay in the imposition of U.S. tariffs on Canadian and Mexican imports will result in negotiated resolutions or a full-on trade war, but the outcome may hinge on continuing negotiations and the Trump administration's possible plans for tariff revenues, say attorneys at Eversheds Sutherland.
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How Design Thinking Can Help Lawyers Find Purpose In Work
Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.
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The Pros And Cons Of A 2nd Trump Term For UK Tech Sector
While U.S. President Donald Trump’s protectionist stance on trade could disrupt global supply chains on which many U.K. tech firms are reliant, anticipated deregulation could provide fertile ground for investment and growth, and the U.K. tech sector is bracing for a mix of opportunities, say lawyers at Shoosmiths.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.
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A Look At A Possible Corporate Transparency Act Exemption
Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.
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Inconsistent Injury-In-Fact Rules Hinder Federal Practice
A recent Third Circuit decision, contradicting a previous ruling about whether consumers of contaminated products have suffered an injury in fact, illustrates the deep confusion this U.S. Supreme Court standard creates among federal judges and practitioners, who deserve a simpler method of determining which cases have federal standing, says Eric Dwoskin at Dwoskin Wasdin.
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In-House Counsel Pointers For Preserving Atty-Client Privilege
Several recent rulings illustrate the challenges in-house counsel can face when attempting to preserve attorney-client privilege, but a few best practices can help safeguard communications and effectively assert the privilege in an increasingly scrutinized corporate environment, says Daniel Garrie at Law & Forensics.
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Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example
Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.
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Accountant-Owned Law Firms Could Blur Ethical Lines
KPMG’s recent application to open a legal practice in Arizona represents the first overture by an accounting firm to take advantage of the state’s relaxed law firm ownership rules, but enforcing and supervising the practice of law by nonattorneys could prove particularly challenging, says Seth Laver at Goldberg Segalla.