Tax Reform, Taxation, Regulatory Reform

House Announces ‘Crypto Week’ as SEC Issues ETP Guidance and Weighs in on Tokenization

Paul Hastings LLP on 7/14/2025

Congress continues to prioritize digital asset legislation, with the House leadership designating the week of July 14 as “Crypto Week,” when the House plans to vote on three significant pieces of digital asset legislation:...more

Timing is Everything for QSBS After the One Big Beautiful Bill Act

Hanson Bridgett on 7/10/2025

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, establishes new phased-in benefits for Qualified Small Business Stock (QSBS) held for at least three years. ...more

UK Government Targets Reform of the Investment Manager Exemption

Skadden, Arps, Slate, Meagher & Flom LLP on 5/6/2025

On 28 April 2025, the UK government published draft legislative amendments to: - Align the UK’s domestic tax rules on permanent establishments (PE) with the 2017 Organisation for Economic Co-operation and Development (OECD)...more

San Francisco’s proposed regulation imitates California’s proposed regulation

Eversheds Sutherland (US) LLP on 3/19/2025

In November 2024, voters approved Proposition M which provided for an overhaul of San Francisco’s gross receipts tax. Proposition M changed the allocation and apportionment rules for most industries, generally requiring that...more

STF Establishes Non-Incidence of ISS on Commissioned Manufacturing Activities

Mayer Brown on 3/12/2025

The Brazilian Supreme Court (STF) decided that the Tax on Services’ (ISS) non-levy on toll commissioned manufacturing activities, whenever these activities refer to the intermediary activities of a production cycle. The...more

Hot Topics in International Trade - February 2025 - The External Revenue Service: A Bureaucratic Overreach or Necessary Reform?

Braumiller Law Group, PLLC on 2/12/2025

President Donald Trump made headlines when he announced an External Revenue Service (ERS) agency to collect tariff incomes. The announcement sparked a heated debate among trade experts, economists, and business leaders. But,...more