International Trade Bulletin - Volume 1, Issue 3
Client Alert | 1 min read | 04.18.06
Inside this issue:
- EUROPE IN THE SPOTLIGHT
- CUSTOMS: Origin rules create risks as well as opportunities
- AVIATION: Huge fines in QRS-11 sensor cases underscore importance of properly classifying exports
- EXPORT CONTROLS: The U.S. continues to assert jurisdiction over re-exports of U.S.-made content in non-U.S. made components
- INTELLECTUAL PROPERTY: Revised International Trademark Law Treaty Adopted
- CHINA: Recent Intellectual Property Rights (IPR) Enforcement-related Developments in China
- BILATERAL TRADE: American investors conducting business in Uruguay may soon have an additional source of protection for their foreign investments
- SANCTIONS: Cuban embargo enforcement lands Sheraton in violation of Mexican Law
Contacts
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