/tax-authority/international?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Tax Authority International Copyright 2025 ¼«ËÙÈü³µ. en-US Thu, 17 Apr 2025 19:39:30 +0000 /tax-authority/international/articles/2326321?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326321 Four members of Montana's Blackfeet Nation are fighting a motion by the federal government to transfer their bid to block several Trump administration orders and proclamations imposing tariffs on Canadian goods, arguing there's no legal basis for the move to the U.S. Court of International Trade. Thu, 17 Apr 2025 18:59:56 +0000 /tax-authority/international/articles/2323350?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2323350 Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin. Thu, 17 Apr 2025 18:02:38 +0000 /tax-authority/international/articles/2326587?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326587 A Connecticut federal judge denied a man's attempt to vacate his guilty plea for tax evasion, despite accepting that his lawyers had misled him into believing that if he received no prison time he could avoid mandatory detention and likely deportation by U.S. Immigration and Customs Enforcement. Thu, 17 Apr 2025 13:54:08 +0000 /tax-authority/international/articles/2326944?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326944 The International Monetary Fund is predicting slower global growth but no recession even with costly uncertainty around U.S. tariff rates reaching levels last seen more than 100 years ago, the fund's managing director said Thursday at its annual spring meeting. Thu, 17 Apr 2025 11:22:32 +0000 /tax-authority/international/articles/2324875?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2324875 The former president of jewelry giant Pandora has sued a tax adviser for allegedly mismanaging his retirement trust and negligently exposing him and the company to significant liabilities and financial loss tied to a €2.2 million ($2.5 million) French property deal. Wed, 16 Apr 2025 20:43:40 +0000 /tax-authority/international/articles/2326501?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326501 A Connecticut-based hedge fund has engaged in a complex stock-selling strategy using option contracts that the Internal Revenue Service had determined to be an abusive scheme to avoid paying high taxes on the capital gains, the U.S. Tax Court said Wednesday. Wed, 16 Apr 2025 18:32:53 +0000 /tax-authority/international/articles/2326400?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326400 A D.C. federal judge on Wednesday questioned whether immigrant advocacy groups have standing to block a tax information-sharing agreement between the IRS and immigration enforcement agencies, but she also outlined concerns that the agreement could be abused. Wed, 16 Apr 2025 18:01:56 +0000 /tax-authority/international/articles/2326358?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326358 Lithuania is considering numerous tax proposals that would generate an additional €248.7 million ($283.4 million) in 2026 for the state and municipal budgets, including increases to its corporate tax rate and a property tax overhaul suggested by the OECD, its finance ministry said Wednesday. Wed, 16 Apr 2025 17:26:58 +0000 /tax-authority/international/articles/2326247?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326247 Automakers in Canada won't have to pay the country's retaliatory tariffs on certain U.S. cars as long as they continue to manufacture vehicles in Canada and complete planned investments there, one of a trio of relief measures announced by the Department of Finance. Wed, 16 Apr 2025 16:47:44 +0000 /tax-authority/international/articles/2326322?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326322 The United Arab Emirates' finance ministry adopted guidance from the Organization for Economic Cooperation and Development to keep the country's implementation of the global corporate minimum tax in line with international standards, the country's official news agency said Wednesday. Wed, 16 Apr 2025 15:27:51 +0000 /tax-authority/international/articles/2326425?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326425 Malaysia's government said it's willing to expand bilateral trade with China during Chinese President Xi Jinping's visit to the country Wednesday, one day after Xi inked a strategic partnership agreement with Vietnam that includes growing trade, according to Chinese government news releases. Wed, 16 Apr 2025 14:09:05 +0000 /tax-authority/international/articles/2326308?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326308 China's long-term prospects are unfazed by U.S. tariffs because of its industrial resilience, diversified trade and shift toward domestic consumption, a Chinese government official said Wednesday as the country posted 5.4% year-on-year growth in gross domestic product during the first quarter of 2025. Wed, 16 Apr 2025 11:57:02 +0000 /tax-authority/international/articles/2326284?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2326284 An Internal Revenue Service special agent who accused the U.S. Department of Justice of misconduct in an investigation of former President Joe Biden's son Hunter has been named the acting IRS commissioner, a U.S. Treasury Department spokesperson confirmed Wednesday. Tue, 15 Apr 2025 17:10:04 +0000 /tax-authority/international/articles/2325707?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2325707 The European Public Prosecutor's Office arrested seven people suspected of carrying out a value-added tax fraud scheme involving what it called valuable vehicles that resulted in at least €3.4 million ($3.8 million) in tax losses, the EPPO said Tuesday.  Tue, 15 Apr 2025 16:38:08 +0000 /tax-authority/international/articles/2325620?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2325620 President Donald Trump's expanded tariff exclusion for electronic goods from China and the pause on higher rates for all countries except China gives lawyers an opportunity to seek mitigation solutions for importers, but the moves do little to create long-term business certainty. Tue, 15 Apr 2025 15:44:31 +0000 /tax-authority/international/articles/2325771?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2325771 New York manufacturers in early April became pessimistic about general business conditions over the next six months to an extent rarely matched in the history of a monthly survey by the Federal Reserve Bank of New York, coinciding with the imposition of tariffs, the bank reported Tuesday. Tue, 15 Apr 2025 15:07:52 +0000 /tax-authority/international/articles/2325735?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2325735 A treaty to avoid double taxation between Hong Kong and Armenia has gone into force after being approved by both jurisdictions' legislatures, Hong Kong's Inland Revenue Department said Tuesday. Tue, 15 Apr 2025 14:01:06 +0000 /tax-authority/international/articles/2325272?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2325272 The U.S. Treasury Department should withdraw proposed regulations for determining the source of income from cloud computing, according to the National Foreign Trade Council, which contended the rules add significant complexity to digital transactions. Tue, 15 Apr 2025 13:21:33 +0000 /tax-authority/international/articles/2325764?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2325764 The Swedish Tax Agency wants countries to adopt electronic invoicing of VAT at the national level to complement the EU requiring it for cross-border transactions, the agency said, arguing it would prevent a large amount of fraud. Tue, 15 Apr 2025 13:20:26 +0000 /tax-authority/international/articles/2325484?utm_source=rss&utm_medium=rss&utm_campaign=section /tax-authority/international/articles/2325484 The European Union remains open to a trade deal with the United States to reach zero tariffs on all goods between the country and the trade bloc, the EU trade commissioner said.