International
-
September 09, 2025
Court Urged To Deny Bid To Block Captive Reporting Rules
A Texas federal court should deny an injunction to a Texas plastics company seeking to stop the IRS from flagging microcaptive insurance plans as potentially abusive tax avoidance schemes, the U.S. argued, saying the public could lose millions of tax dollars on illegitimate transactions.
-
September 09, 2025
States Urge Justices To Quickly Rule Against Trump's Tariffs
The U.S. Supreme Court should quickly consider the appeal of the Federal Circuit's ruling that President Donald Trump's emergency tariffs are unlawful and affirm that the International Emergency Economic Powers Act doesn't provide the authority to impose duties, the states challenging the measures told the justices this week.
-
September 08, 2025
Former Skadden Atty Moves Tax Practice To Simpson Thacher
Simpson Thacher & Bartlett LLP has deepened its transactional resources in the New York office with the recent addition of an attorney who moved his practice from Skadden Arps Slate Meagher & Flom LLP after 15 years.
-
September 08, 2025
Senior Int'l Tax Official At IRS To Join Baker McKenzie
A 15-year veteran of the Internal Revenue Service, who recently served as acting commissioner of the Large Business & International Division, will join Baker McKenzie's tax practice in Washington, D.C., later this month, the firm said Monday.
-
September 08, 2025
Bessent Says US Will Refund Revenue If Justices Nix Tariffs
If the U.S. Supreme Court decides President Donald Trump lacked authority to impose tariffs under the International Emergency Economic Powers Act, the U.S. government will refund revenue it has collected with tariffs under that law, Treasury Secretary Scott Bessent said.
-
September 08, 2025
9th Circ. Backs Trump Donor's Tax, Foreign Agent Convictions
A venture capitalist whose 12-year prison term for evading taxes and making illegal campaign contributions through foreign clients was commuted by President Donald Trump did not plead guilty to the crimes involuntarily, the Ninth Circuit found in affirming his convictions, rejecting his claim that his attorney hid information from him.
-
September 08, 2025
IRS Appeals Office Chief Joins Skadden's DC Tax Team
Skadden Arps Slate Meagher & Flom LLP has hired the leader of the IRS Independent Office of Appeals, who brings years of experience helping resolve tax disputes and controversies, to the firm's team in the nation's capital, the firm said Monday.
-
September 08, 2025
OECD Revises Standards For Exchanging Tax Rulings
The OECD's global tax policymaking body has revised its standards governing the exchange of tax rulings between tax authorities, with the organization saying Monday that the scope now includes exchanges that are essential for jurisdictions to address concerns related to base erosion and profit shifting.
-
September 08, 2025
Greek Pipe Co.'s Data Gaps Merit Tariff Hike, Fed. Circ. Says
Tariffs against Greek pipe importers will stay in place, the Federal Circuit found Monday, affirming a U.S. Court of International Trade holding that the companies submitted deficient financial data, requiring the U.S. Department of Commerce to fill in certain information gaps when calculating the duties.
-
September 08, 2025
Crédit Agricole Pays €88M Fine To Settle Cum-Cum Probe
Crédit Agricole SA's investment banking arm agreed on Monday to pay French prosecutors €88 million ($103 million) to settle a criminal probe over allegations that the lender conducted trades designed to flout tax laws.
-
September 05, 2025
Judge Grills Gov't On Details Of IRS-ICE Info-Sharing Deal
A D.C. senior judge pressed a government attorney Friday over the specifics of the IRS' disclosure of tax return information to immigration enforcement agencies, saying the details were crucial to weighing a coalition of organizations' bid to block the practice.
-
September 05, 2025
CPA Group Asks OECD To Expedite US Min. Tax Exemption
The Association of International Certified Professional Accountants said Friday that it has asked the OECD's global tax policymaking body to quickly issue guidance detailing an exemption of U.S. companies from the international measures of the 15% global minimum tax.
-
September 05, 2025
Sterlington Adds More Morgan Lewis Private Wealth Attys
Sterlington PLLC has announced that it is expanding its Philadelphia office, which it launched earlier this summer with a three-person private wealth team from Morgan Lewis & Bockius LLP, by bringing on a team of their former colleagues.
-
September 05, 2025
India Will Buy Russian Oil Despite US Tariff, Minister Says
India will continue to buy oil from Russia even though President Donald Trump imposed an additional 25% tariff on the country's goods in connection with the purchases, the country's finance minister said Friday.
-
September 05, 2025
Amazon's UK Tax Bill Hits £1B Amid Revenue Reaching £29B
Amazon said its U.K. direct tax bill rose to £1 billion ($1.35 billion) after its revenue in Britain reached £29 billion last year.
-
September 05, 2025
Taxation With Representation: Milbank, Wachtell, Latham
In this week's Taxation With Representation, aircraft lessor Air Lease Corp. agrees to a take-private deal, Evernorth Health Services invests billions in Shields Health Solutions, Cadence Design Systems Inc. acquires the design and engineering business of Hexagon AB, and Kraft Heinz Co. plans to split into two independent, publicly traded companies.
-
September 05, 2025
Fla. Magistrate Advises Arrest In $19.6M Foreign Account Case
A Florida magistrate judge recommended an order for the arrest of a dual U.S.-German citizen who has failed to pay about $19.6 million in penalties for undisclosed Swiss bank accounts, holding that imposing additional fines would be "an empty gesture."
-
September 05, 2025
What Tax Pros Read During Their Summer Vacation
What do tax professionals read in their spare time? A wide variety of books, it turns out. Here, Law360 looks at the books enjoyed by tax lawyers, professors and analysts who spoke with Law360.
-
September 05, 2025
Public Hearing On Offshore Profit Regs Set For October
A public hearing is scheduled for next month on proposed rules that would require U.S. multinational companies to create annual shareholder accounts and follow new pooling concepts to account for previously taxed earnings and profits, the U.S. Treasury Department said Friday.
-
September 05, 2025
Deputy PM Angela Rayner Quits Amid Stamp Duty Scandal
Deputy Prime Minister Angela Rayner said Friday that she is resigning following days of speculation over claims she dodged tax on an £800,000 ($1 million) property bought in Brighton, southern England.
-
September 04, 2025
Ill. Toymakers Ask Justices To Resolve Tariff Suit Venue Split
A pair of toymakers asked the U.S. Supreme Court Thursday to resolve a jurisdictional dispute concerning challenges to President Donald Trump's emergency tariffs, saying the justices should hear their case at the D.C. Circuit along with the federal government's just-filed appeal of a Federal Circuit decision that invalidated Trump's tariffs.
-
September 04, 2025
India Cuts Consumption Taxes As 50% US Tariff Takes Effect
The Indian government approved cuts to hundreds of goods and services tax rates in an effort to alleviate pressure on consumers as a 50% U.S. tariff begins to weigh on the country's economy.
-
September 04, 2025
Hong Kong, Jordan Ink Tax Treaty
Officials from Hong Kong and Jordan signed a tax treaty in Beijing on Thursday, which Hong Kong's government framed as deepening economic cooperation with a participant in China's global infrastructure project, the Belt and Road Initiative, according to a news release.
-
September 04, 2025
ABA Tax President-Elect Plans To Build On Section's Success
Lisa Zarlenga, a Steptoe LLP partner, is serving as president-elect of the American Bar Association's Section of Taxation for the 2025–2026 term, officially taking on the role this month with the goal of building the strength of the organization for the next generation of tax attorneys. In an interview with Law360, Zarlenga discussed what she enjoys about tax practice, how the section has shaped her career and her vision for strengthening the organization to support future generations of tax attorneys.
-
September 04, 2025
Australian Greens Float Contractor Bans After PwC Scandal
The Australian Greens party proposed legislation Thursday that would ban unethical contractors from bidding on government projects, citing the finance department's recent decision to resume working with PwC Australia, which was involved in a scandal involving leaked government tax documents.
Expert Analysis
-
What 2 Profs Noticed As Transactional Law Students Used AI
After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.
-
BigLaw Settlements Should Not Spur Ethics Deregulation
A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.
-
5 Ways Lawyers Can Earn Back The Public's Trust
Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.
-
Legal Jeopardy Looms Over Trump's Trade Negotiation Plans
Even as the Trump administration announces one trade deal after another, the legal authority of the executive branch to impose tariffs under consensual arrangements with leading trading partners is just as debatable as the unilateral imposition of U.S. tariffs under the president's executive orders, says Jeffrey Bialos at Eversheds Sutherland.
-
What US-India Trade Deal Will Mean For Indian Pharma
Complicated by newly imposed tariffs from the U.S., the outcome of the U.S.-India trade talks is poised to reshape not just trade policy, but also the strategic alignment of the two countries' pharmaceutical ecosystems, says Jashaswi Ghosh at Holon Law Partners.
-
Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
-
A Simple Way Courts Can Help Attys Avoid AI Hallucinations
As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors.
-
The Legal Education Status Quo Is No Longer Tenable
As underscored by the fallout from California’s February bar exam, legal education and licensure are tethered to outdated systems, and the industry must implement several key reforms to remain relevant and responsive to 21st century legal needs, says Matthew Nehmer at The Colleges of Law.
-
6 Questions We Should Ask About The Trump Trade Deals
Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.
-
E-Discovery Quarterly: Rulings On Relevance Redactions
In recent cases addressing redactions that parties sought to apply based on the relevance of information — as opposed to considerations of privilege — courts have generally limited a party’s ability to withhold nonresponsive or irrelevant material, providing a few lessons for discovery strategy, say attorneys at Sidley.
-
Section 1983 Has Promise After End Of Nationwide Injunctions
After the U.S. Supreme Court recently struck down the practice of nationwide injunctions in Trump v. Casa, Section 1983 civil rights suits can provide a better pathway to hold the government accountable — but this will require reforms to qualified immunity, says Marc Levin at the Council on Criminal Justice.
-
Playing Soccer Makes Me A Better Lawyer
Soccer has become a key contributor to how I approach my work, and the lessons I’ve learned on the pitch about leadership, adaptability, resilience and communication make me better at what I do every day in my legal career, says Whitney O’Byrne at MoFo.
-
Adapting To Private Practice: From ATF Director To BigLaw
As a two-time boomerang partner, returning to BigLaw after stints as a U.S. attorney and the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, people ask me how I know when to move on, but there’s no single answer — just clearly set your priorities, says Steven Dettelbach at BakerHostetler.