International
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December 06, 2023
Some EU Countries Will Be Late With Min. Tax, Official Says
A few European Union countries are expected to miss the year-end deadline for placing the global minimum corporate tax into their national law, including Poland, which opposed the measure for part of last year, a senior EU tax official said in remarks aired Wednesday.
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December 06, 2023
A&O Says Nationwide's Negligence Led To £75M Tax Bill
Allen & Overy LLP has denied owing Nationwide Building Society £75 million ($94 million) in tax liability for failing to submit applications to list notes on the London Stock Exchange, saying that the loss was a result of the lender's own negligence.
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December 06, 2023
UAE Extradites British Trader To Denmark In Tax Fraud Case
Sanjay Shah has been extradited from the United Arab Emirates to Denmark, where the British hedge fund trader is wanted by Danish authorities for allegedly masterminding a £1.44 billion ($1.8 billion) tax fraud scheme, his lawyers said Wednesday.
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December 05, 2023
Ireland Tax Revenue Rises Amid Growth In Corp. Receipts
A rebound in corporate tax revenue last month fueled a 5.8% rise in Ireland's overall tax receipts for the year through November compared to the same period in 2022, the country's Department of Finance said Tuesday.
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December 05, 2023
Chile To Propose Banking Transparency Law To Fight Evasion
Chile would lift banking secrecy measures to help fight tax evasion as part of a package the country's president announced of more than 200 proposed measures intended to combat corruption.
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December 05, 2023
UK Needs Fairer Taxes, Not Lower Ones, Think Tank Says
While taxes in the U.K. are at a seven-decade high, officials need to discuss how to make the system fairer, especially regarding the wealthy, instead of making cuts if it wants to maintain and improve public services, a British think tank said.
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December 05, 2023
Pillar 2 Should Allow Deferred Tax Allocations, Treasury Told
The U.S. Treasury Department should work with other OECD negotiators to develop guidance that allows companies to allocate deferred taxes to foreign affiliates under an international minimum tax agreement known as Pillar Two, the American Petroleum Institute told the department in a letter released Tuesday.
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December 05, 2023
Norwegian Tax Agency Testing Out AI Assistants
Norway's tax agency is testing generative artificial intelligence to help its employees answer questions from taxpayers, and it has established a framework for further expansion of AI, it said Tuesday.
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December 05, 2023
More Countries Should Tax Alcohol, Sugary Drinks, WHO Says
Not enough countries are using taxes on alcohol and sugar-filled drinks to push people toward consuming them less often, missing an opportunity to reap the health benefits of reducing alcohol and sugar consumption, the World Health Organization said Tuesday.
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December 05, 2023
EY Closing Legal Services Business Riverview Law
EY is shuttering EY Riverview Law, an alternative legal services business it acquired more than five years ago, the Big Four accounting firm confirmed to Law360 on Tuesday.
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December 05, 2023
11th Circ. Upholds Summonses For Peruvians' US Bank Docs
The Eleventh Circuit upheld IRS summonses for the U.S. bank records of Peruvian siblings who claimed that a history of corruption in their government should have stopped the IRS from cooperating with it, saying a district court correctly denied the siblings a chance to present evidence of wrongdoing.
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December 04, 2023
EY Appoints New UK And Ireland Managing Partner For Tax
EY named a new U.K. and Ireland managing partner for tax and law after appointing the attorney who was formerly in that role as the firm's global head of law, according to a news statement.
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December 04, 2023
Argentina Enacts 15% Advance Tax On Oil, Gas Companies
Argentine oil and gas companies with more than 600 million Argentine pesos ($1.66 million) owed on their income tax in either the 2022 or 2023 fiscal year must pay 15% tax before deducting losses from the previous year, according to a resolution added to the country's official gazette Monday.
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December 04, 2023
Chinese Co. Investors Ink $4.5M Deal In IPO Disclosures Suit
A group of investors suing Chinese analytics startup Gridsum Holding Inc. has asked a New York federal judge to preliminarily approve a $4.5 million deal to settle claims that it made misrepresentations ahead of its initial public offering.
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December 04, 2023
€15M VAT Dodge Scheme Busted By Romanian Authorities
Romanian anti-fraud authorities announced Monday they had broken up a crime ring that dodged value-added taxes on €80 million ($86.7 million) in used car sales, costing Romania's revenue agency more than €15 million.
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December 04, 2023
Congo Joins OECD's Tax Transparency Group
The Democratic Republic of Congo has become the 170th jurisdiction to join a global coalition that addresses offshore tax evasion by creating and implementing standards for exchanges of information between authorities, the OECD announced.
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December 04, 2023
BT's £65M Tax Refund Case Slashed Over Late Debt Claim
An appeals court has thrown out most of BT's claim seeking a £65 million ($82 million) refund of allegedly overpaid tax from HM Revenue and Customs, finding on Monday that the telecommunications giant had failed to file a bad debt claim on time.
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December 01, 2023
Justices Call O'Connor 'American Hero,' 'Perfect Trailblazer'
Following news of retired U.S. Supreme Court Justice Sandra Day O'Connor's death at the age of 93, current and former high court justices paid public homage to her trailblazing career, devotion to the rule of law and illuminating charisma.
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December 01, 2023
Former Clerks Say Justice O'Connor Still Worth Emulating
BigLaw attorneys mentored by former U.S. Supreme Court Justice Sandra Day O'Connor, who died Friday after a lengthy battle with dementia, say she'll be remembered as an incisive jurist who always put facts and practical considerations above abstract ideological commitments, as well as a deeply gracious and down-to-earth woman who never let her dedication to the law overshadow her zest for life.
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December 01, 2023
Zimbabwe's Budget Proposes 15% Min. Tax, Other Taxes
Zimbabwe proposed a 15% minimum tax on multinational corporations operating within the country in its 2024 budget, along with other tax changes, some of which would fund new spending, according to government documents.
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December 01, 2023
Va. Tax Head Abates Assessment For Man Domiciled Abroad
The Virginia tax department will abate a man's individual income tax assessment after he proved that he wasn't domiciled in the state and had been living in another country during the 2019 tax year, the state's tax commissioner said.
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December 01, 2023
Australia And Portugal Sign Tax Treaty
Australia and Portugal signed a tax treaty to address concerns of double taxation and alleviate cross-border costs by establishing lower withholding rates, the Australian Treasury said in a news release Friday.
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December 01, 2023
Czech Parliament Approves Global Minimum Tax
The Czech Republic's Senate approved a bill that would enact a 15% corporate global minimum tax, sending the legislation to the president for final approval.
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December 01, 2023
4 Decisions For Which Justice O'Connor Will Be Remembered
Many of the hotly divided cases at the U.S. Supreme Court came down to Justice Sandra Day O’Connor, a central force on the bench whose savviness at striking compromises and taking a pragmatic approach to resolve disputes is on full display in four opinions.
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December 01, 2023
TV Anchor Wins 9-Yr. Tax Fight Over BBC Employment Status
Presenter Kaye Adams was not a mislabeled BBC employee and does not owe £124,440 ($157,000) in back taxes, a tax tribunal has ruled in her nine-year dispute with HM Revenue & Customs.

Justices Wary Of Repatriation Tax Review Consequences
U.S. Supreme Court justices questioned a Washington couple's counsel about their challenge to the one-time repatriation tax during oral arguments Tuesday, with some suggesting that a ruling in the couple's favor would upend other parts of the federal tax code.

ECJ Tosses Finding That Luxembourg Gave Engie Illegal Aid
The European Union's highest court annulled on Tuesday a 2018 decision by the European Commission finding that Luxembourg gave illegal state aid to French energy company Engie via tax rulings.

Swiss Bank To Pay $123M For Hiding Offshore Account Funds
A Swiss bank will pay $123 million to the U.S. Department of the Treasury as part of an agreement to settle criminal charges that it helped U.S. taxpayers hide $5.6 billion in more than 1,600 secret bank accounts, the U.S. Department of Justice announced Monday.
Featured Stories
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Former Clerks Say Justice O'Connor Still Worth Emulating
BigLaw attorneys mentored by former U.S. Supreme Court Justice Sandra Day O'Connor, who died Friday after a lengthy battle with dementia, say she'll be remembered as an incisive jurist who always put facts and practical considerations above abstract ideological commitments, as well as a deeply gracious and down-to-earth woman who never let her dedication to the law overshadow her zest for life.
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4 Decisions For Which Justice O'Connor Will Be Remembered
Many of the hotly divided cases at the U.S. Supreme Court came down to Justice Sandra Day O’Connor, a central force on the bench whose savviness at striking compromises and taking a pragmatic approach to resolve disputes is on full display in four opinions.
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Justice O'Connor Shattered Barriers, Built Bridges
A Southwestern cowgirl who will always be known as the first woman to sit on the U.S. Supreme Court, Justice Sandra Day O’Connor inspired those around her with an indomitable work ethic, a deep affection for public service and an innate ability to drive consensus among her colleagues.
Expert Analysis
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Legal Profession Gender Parity Requires Equal Parental Leave
To truly foster equity in the legal profession and to promote attorney retention, workplaces need to better support all parents, regardless of gender — starting by offering equal and robust parental leave to both birthing and non-birthing parents, says Ali Spindler at Irwin Fritchie.
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A Year-End Look At Florida's Capital Investment Tax Credit
Notwithstanding the Walt Disney Co.’s feud with Gov. Ron DeSantis this year, Florida's capital investment tax credit will continue to make the state a favored destination for large corporations, particularly in light of the new federal alternative minimum tax and the Pillar Two top-up tax, says Alan Lederman at Gunster.
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Understanding Discovery Obligations In Era Of Generative AI
Excerpt from Practical Guidance
Attorneys and businesses must adapt to the unique discovery challenges presented by generative artificial intelligence, such as chatbot content and prompts, while upholding the principles of fairness, transparency and compliance with legal obligations in federal civil litigation, say attorneys at King & Spalding.
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The Case For Post-Bar Clerk Training Programs At Law Firms
In today's competitive legal hiring market, an intentionally designed training program for law school graduates awaiting bar admission can be an effective way of creating a pipeline of qualified candidates, says Brent Daub at Gilson Daub.
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AI Can Help Lawyers Overcome The Programming Barrier
Legal professionals without programming expertise can use generative artificial intelligence to harness the power of automation and other technology solutions to streamline their work, without the steep learning curve traditionally associated with coding, says George Zalepa at Greenberg Traurig.
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Preparing Law Students For A New, AI-Assisted Legal World
As artificial intelligence rapidly transforms the legal landscape, law schools must integrate technology and curricula that address AI’s innate challenges — from ethics to data security — to help students stay ahead of the curve, say Daniel Garrie at Law & Forensics, Ryan Abbott at JAMS and Karen Silverman at Cantellus Group.
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General Counsel Need Data Literacy To Keep Up With AI
With the rise of accessible and powerful generative artificial intelligence solutions, it is imperative for general counsel to understand the use and application of data for myriad important activities, from evaluating the e-discovery process to monitoring compliance analytics and more, says Colin Levy at Malbek.
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Navigating Discovery Of Generative AI Information
As generative artificial intelligence tools become increasingly ubiquitous, companies must make sure to preserve generative AI data when there is reasonable expectation of litigation, and to include transcripts in litigation hold notices, as they may be relevant to discovery requests, say Nick Peterson and Corey Hauser at Wiley.
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Finding Focus: Strategies For Attorneys With ADHD
Given the prevalence of ADHD among attorneys, it is imperative that the legal community gain a better understanding of how ADHD affects well-being, and that resources and strategies exist for attorneys with this disability to manage their symptoms and achieve success, say Casey Dixon at Dixon Life Coaching and Krista Larson at Stinson.
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Attorneys, Law Schools Must Adapt To New Era Of Evidence
Technological advancements mean more direct evidence is being created than ever before, and attorneys as well as law schools must modify their methods to account for new challenges in how this evidence is collected and used to try cases, says Reuben Guttman at Guttman Buschner.
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1st Tax Easement Convictions Will Likely Embolden DOJ, IRS
After recent convictions in the first criminal tax fraud trial over allegedly abusive syndicated conservation easements, the IRS and U.S. Department of Justice will likely pursue other promoters for similar alleged conspiracies — though one acquittal may help attorneys better evaluate their clients' exposure, say Bill Curtis and Lauren DeSantis-Then at Polsinelli.
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Tips For Litigating Against Pro Se Parties In Complex Disputes
Litigating against self-represented parties in complex cases can pose unique challenges for attorneys, but for the most part, it requires the same skills that are useful in other cases — from documenting everything to understanding one’s ethical duties, says Bryan Ketroser at Alto Litigation.
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Anticipating Intensified Partnership Enforcement From IRS
The Internal Revenue Service's decadeslong difficulties with partnership audits led to the recent announcement of a clear, well-funded, focused initiative, and businesses operating in the partnership form will feel the impact, with definite changes ahead, says Sharon Katz-Pearlman at Greenberg Traurig.