International Trade Bulletin - Volume 1, Issue 11
Client Alert | 1 min read | 08.11.06
Inside this issue:
- MULTILATERAL TRADE IN THE SPOTLIGHT
- EUROPE IN THE SPOTLIGHT
- WTO: USTR Does Not Have Authority To Instruct the U.S. Department of Commerce To Implement Measures To Comply With An Adverse WTO Dispute Settlement Report
- ANTI-DUMPING: The U.S. Department of Commerce's policy of “zeroing” in antidumping duty investigations and administrative reviews has come under repeated fire from U.S. trading partners
- CHINA: China Postpones Higher Tariffs on Imported Auto Parts To Address Potential WTO Case
- CHINA: U.S. Commerce Department Invites Comments on Its Controversial China Export Proposal
- SANCTIONS: U.S. Congress Approves Legislation Regarding Economic Sanctions Against Burma and Iran
- EXPORT CONTROLS: U.S. Bureau of Industry and Security (“BIS”) Actively Enforcing Deemed Exports
- CROWELL & MORING NEWS: Crowell & Moring Trade Team completes Report for the European Commission on the tools that should be made available to implement the upcoming revised EU Market Access Strategy
Insights
Client Alert | 4 min read | 08.21.25
FLSA Overtime Reporting and Withholding
The One Big Beautiful Bill Act (the Act), signed on July 4, 2025, allows a deduction from an individual’s personal tax return on Form 1040 for “qualified overtime compensation” as defined in new Code § 225. The amount that can be deducted from the employee’s return is capped at $12,500 with the maximum then adjusted down if the employee’s AGI exceeds certain limits. This deduction is permitted in 2025.
Client Alert | 4 min read | 08.20.25
Client Alert | 15 min read | 08.20.25
Client Alert | 2 min read | 08.19.25
