News & Analysis as of

Organization for Economic Co-operation and Development

Brownstein Hyatt Farber Schreck

Taxation & Representation, Sept. 2025

Congress Weighs FY2026 Funding for IRS, OECD and DOJ Tax Division: As Congress returns this week, lawmakers face a four-week window to resolve differences over government funding for fiscal year 2026 (FY2026). This includes...more

Eversheds Sutherland (US) LLP

IRS and Treasury notice proposes removal of disregarded payment loss rules and changes to dual consolidated loss rules

On August 20, 2025, the Internal Revenue Service (IRS) released Notice 2025-44 (Notice), which announced that the Department of the Treasury (Treasury) and IRS intend to issue proposed regulations that would...more

Walkers

How will the OECD's Crypto-Asset Reporting Framework impact your business?

Walkers on

Many crypto-asset service providers will soon be required to start collecting detailed information about customers and transactions and report to their national tax authorities annually. Such businesses must obtain a...more

McDermott Will & Schulte

IRS announces intent to withdraw controversial DPL rules

The US Department of the Treasury and the Internal Revenue Service (IRS) recently issued Notice 2025-44, announcing their intent to withdraw the controversial disregarded payment loss (DPL) rules finalized at the end of the...more

Hogan Lovells

HL UK Pensions Law Digest 19 August 2025

Hogan Lovells on

A bite-sized summary of recent UK pension news Welcome to our latest update, in which we cover: Tax on benefits paid overseas A recent Tribunal decision that a transfer from a UK occupational scheme to a UK SIPP did not...more

Foodman CPAs & Advisors

Cumplimiento CARF y VASP: Cerrando Brechas de Supervisión Cripto en LATAM

La regulación global de las criptomonedas ha pasado de la teoría a la aplicación real. El Marco de Reporte de Criptoactivos (CARF) de la OCDE y los estándares reforzados para Proveedores de Servicios de Activos Virtuales...more

Foodman CPAs & Advisors

CARF & VASP Compliance: Closing Crypto Oversight Gaps in LATAM

Global cryptocurrency regulation has shifted from theory to enforcement. The OECD’s Crypto-Asset Reporting Framework (CARF) and strengthened Virtual Asset Service Provider (VASP) standards are redefining oversight...more

Amundsen Davis LLC

Don’t Mess With Texas: The Lone Star State Has Become a Leader in Data Privacy and AI Regulation

Amundsen Davis LLC on

While generally considered a business-friendly state, Texas is taking an increasingly important role in regulating how U.S. companies use their information technology. Over the past few years, Texas has adopted path-breaking...more

Bradley Arant Boult Cummings LLP

Global AI Governance: Five Key Frameworks Explained

With generative artificial intelligence (AI) technologies entering nearly every aspect of human life, it has become ever more urgent for organizations to develop AI systems that are trustworthy and subject to good governance....more

WilmerHale

PTAB/USPTO Update - August 2025

WilmerHale on

On July 31, 2025, Acting Under Secretary of Commerce for Intellectual Property and Director of the USPTO Coke Morgan Stewart issued a memorandum indicating that the USPTO “will enforce and no longer waive the requirement of...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Washington Update — August 2025

July was a big month for federal energy and sustainability policy. A series of major actions out of Congress and the executive branch signaled significant shifts in direction — on everything from spending and permitting to...more

Haynes Boone

World Bank Reconsiders Nuclear Finance

Haynes Boone on

Under mounting pressure from advocates and stakeholders—most prominently the United States government—the World Bank recently rescinded its longstanding ban on financing nuclear power projects and announced its plan to...more

Morgan Lewis

Evolving Transfer Pricing Controversy: Divergent Paths in the United States and Ireland

Morgan Lewis on

Transfer pricing enforcement is undergoing significant changes in both the United States and Ireland, with the two jurisdictions actively moving in different directions. While the United States is experiencing internal...more

Carey Olsen

CRS 2.0 amendments to the OECD’s Common Reporting Standard

Carey Olsen on

The Common Reporting Standard (CRS) was developed by the Organisation for Economic Co-operation and Development (OECD) to promote tax transparency by enabling tax authorities in one jurisdiction to receive information...more

White & Case LLP

Poland makes FDI screening regime permanent and shifts oversight to the Ministry of Finance and Economy

White & Case LLP on

Poland's foreign direct investment ("FDI") screening regime, originally introduced in 2020 for a 24-month period and subsequently extended for an additional 60 months (i.e. until 24 July 2025), established a mechanism for...more

Latham & Watkins LLP

One Big Beautiful Bill Introduces Major Changes to Federal Tax Law

Latham & Watkins LLP on

On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (the OBBB) into law, making permanent the reduced individual tax rates and brackets established by the Tax Cuts and Jobs Act of 2017 and modifying a...more

BakerHostetler

Analysis of International Tax Changes Under the 2025 Tax Legislation

BakerHostetler on

The Legislation combines spending and policy priorities from 11 congressional committees and will reshape federal policy across nearly every sector of the U.S. economy. There is a possibility for one or more additional...more

Walkers

Overview of the Cayman Islands Economic Substance requirements

Walkers on

Each entity incorporated, established or registered in the Cayman Islands must file an annual economic substance notification with the Tax Information Authority (the "TIA"). A "relevant entity" conducting "relevant...more

Morrison & Foerster LLP

Top 10 International Anti-Corruption Developments for June 2025

Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past...more

Bergeson & Campbell, P.C.

OECD Publishes Case Study on 2D Titanium Carbide MXenes 

On June 30, 2025, the Organisation for Economic Co-operation and Development (OECD) published a report entitled 2D Titanium Carbide MXenes: Case Study Report on Advanced Materials. Within OECD’s Working Party on Manufactured...more

Skadden, Arps, Slate, Meagher & Flom LLP

Towards Commercial Rationality: HMRC’s New Unilateral APA Process Will Reduce Uncertainty Over Cost-Sharing Participation

Multinational groups adopting cost contribution arrangements (CCAs) — or cost share agreements in US parlance — as part of their cross-border intellectual property (IP) development strategies have a new opportunity to...more

Vinson & Elkins LLP

One Big Beautiful Bill Act: Key Tax Impacts for Businesses

Vinson & Elkins LLP on

On July 4, 2025, President Donald J. Trump signed the One Big Beautiful Bill Act (the “OBBBA”) into law. Congress passed the OBBBA through budget reconciliation, a special legislative process that allows Congress to advance...more

Eversheds Sutherland (US) LLP

Tax Bytes: Week of June 30, 2025

Welcome to this week’s edition of Tax Bytes. Our team of tax lawyers is actively monitoring for federal and international tax developments and issues of note. Each week we pull together the items we deem most important to...more

Carey Olsen

Introducing CARF - the OECD's Crypto-Asset Reporting Framework

Carey Olsen on

The recent proliferation of crypto-assets and its uses have transformed the international financial landscape, offering innovative opportunities for payments, investment and Decentralised Finance (DeFi). At the heart of it,...more

Bergeson & Campbell, P.C.

OECD Publishes Report on Commercial Availability and Current Uses of PFAS and Alternatives in Hydraulic Oils and Lubricants

On June 20, 2025, the Organisation for Economic Co-operation and Development (OECD) published a report entitled Per- and Polyfluoroalkyl Substances (PFAS) and Alternatives in Hydraulic Oils and Lubricants: Report on...more

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