International Trade Bulletin - Volume 1, Issue 12
Client Alert | 1 min read | 08.22.06
Inside this issue:
- EUROPE IN THE SPOTLIGHT
- EXPORT CONTROL IN THE SPOTLIGHT
- SECTION 337: Today's Trade Remedy of Choice?
- RUSSIA: Will Nonproliferation Sanctions on Russian Companies Draw Retaliation?
- ANTI-DUMPING: WTO Closes Door on U.S. Zeroing Practice
- CUSTOMS: The U.S. has announced its decision to appeal the recent WTO ruling concerning non-uniform application of the EU's customs administration
- AVIATION: U.S. and EU Renew their Commitment to Open Skies After DOT Delays Its Controversial Foreign Control Rule
- MARKET ACCESS: After Doha : Practical Approaches for Cutting the Costs of Trade
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
