International Trade Bulletin - Volume 1, Issue 6
Client Alert | 2 min read | 05.30.06
Inside this issue:
- EUROPE IN THE SPOTLIGHT
- INTERNATIONAL LABOR & EMPLOYMENT LAW IN THE SPOTLIGHT
- U.S. Sex Harassment and Retaliation Law: Toyota has been hit with a lawsuit seeking $190 million in damages arising out of a claim of sex harassment filed against the company and its former top U.S. executive
- EU Employee's Rights: Companies Engaging in Mergers and Acquisitions in Europe Must Pay Close Attention to Employees' Rights
- ANTI-DUMPING: The Court of International Trade (CIT) confirms U.S. antidumping application of the revised reseller rule
- CHINA: Exporters Criticize Draft China Export Limits
- MARKET ACCESS: United States and Vietnam Reach Bilateral Agreement on WTO Accession Opening Up Vietnam 's Market to U.S. Goods and Services
- EXPORT CONTROLS: New computer control parameter
- EMBARGOS: Oil Concerns Prompt Effort To Relax Cuban Embargo
- PENALTIES: BIS and OFAC Penalties Increase
- EXPORT CONTROLS: Deemed Export Policy Review
- ONLINE ADVERTISING: Operating Through the Borderless Internet Still Requires Compliance with Domestic Laws: Online Advertising—Guidance on Disclosures
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
