Recent EU actions such as the Corporate Sustainability Reporting Directive may soon expose US and other non-EU multinational corporations to a novel type of tax reporting. Businesses will need to set up new processes and procedures to meet these challenges, say Will Morris, Andy Wiggins, and Matt Timmons of PwC.

On Jan. 23, the US Supreme Court issued a brief statement dismissing a case just two weeks after hearing oral argument in a case that could have significantly changed the scope and breadth of the attorney-client privilege doctrine.

New guidance addressing the corporate alternative minimum tax suggests that Treasury will build out an extensive and complicated CAMT regime. Whether taxpayers and the IRS will be able to handle this complexity is an open question, says Monisha Santamaria of KPMG in Washington, D.C.

The OECD’s consultation document, known as Amount B, aims to simplify some transfer pricing rules, particularly for in-country baseline marketing and distribution activities. If revenue authorities could share more commonalities or be more flexible, it could help streamline the application of transactional net margin method benchmarking, says Deloitte Hong Kong’s Victor Zhang and Season Guo.

In a two-part article, Oliver R. Hoor and Samantha Schmitz of ATOZ Tax Advisers outline the design options of the European Commission’s initiative for a new framework for corporate taxation. They argue that the initiative does not make sense, particularly in light of the comprehensive transformation of the international and European tax landscape following the OECD base erosion and profit shifting project.

British political scandals, at least in the Conservative era, seem to have a White Lotus quality that is both painful to watch and impossible to ignore. A niggling revelation unsettles the smooth veneer. Then the dial of awkwardness gets turned up until it becomes something hideous.

Forcing people to have bank accounts seems like a burden on those who can least afford it, but no less so than a crypto-based solution. A Scandinavian community shows how simplifying the tax code and streamlining the process could be more effective than turning the unbanked population over to crypto wolves.

Legal precedent management is an expensive business. Civil society organizations need funding—and a lot of it—specifically earmarked for this essential aspect of their tax justice and anticorruption work.

Our Spotlight series highlights the careers and lives of tax professionals all over the world. This week’s Spotlight is on Lesley Adamo, a partner and vice chair of Lowenstein Sandler’s tax group in New York.

Our Spotlight series highlights the careers and lives of tax professionals across the globe. This week’s Spotlight is on Max Hansen, managing director of Accruit, a service provider of 1031 exchanges, a real estate investing tool.

Our Spotlight series highlights the careers and lives of tax professionals across the globe. This week’s Spotlight is on Julie Bradlow, a partner and head of the tax practice at DarrowEverett LLP in Charlotte, N.C.

Conrad Deitrick has joined Baker Donelson as of counsel in the tax group in Baltimore, the firm said Tuesday.

K&L Gates has added seven corporate and private equity partners from a Dentons affiliate in Pittsburgh, the firm said Monday.

Philip Wagman has been appointed chair of the tax section of the New York State Bar Association for a one-year term, Clifford Chance said Friday.

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