International Trade Bulletin - Volume 2, Issue 1
Client Alert | 1 min read | 01.26.07
Inside this issue:
- ANTIDUMPING IN THE SPOTLIGHT
- CUSTOMS IN THE SPOTLIGHT
- TRADE LEGISLATION: 2007 Trade Agenda – Fate of Trade Promotion Authority Looms Large
- INVESTMENTS: Canada Can Take Full Advantage of ICSID
- SANCTIONS: Sanctions Focus – Pressure on Iran Continues
- ENERGY: European Commission Issues Final Report On Sector Inquiry Into Electricity and Gas Markets and Proposes Action Plan to Open Up Energy Markets in Europe
- EXPORTS: UK Begins Initial Review of Export Control Act
- EXPORTS: European Commission Proposes New Measures for Dual Use Goods and Technologies
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
