IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...

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The European Investment Bank (EIB) Group has been taking decisive steps to strengthen transparency, accountability, and workplace well-being. These include a 14-point Action Plan, launched in July 2024, developed with staff representatives to address priority areas identified through staff surveys. To date, the Group has delivered several concrete measures as part of this change: Appointment of an independent Ombudsperson that will join the EIB Group on 1 October to serve as a neutral resource and support confidential conflict resolution. Completion of...

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Eversheds Sutherland has been recognized as one of the top global law firms for mergers and acquisitions (M&A) deals in the first half of 2025. According to the latest report by the London Stock Exchange Group (LSEG), the firm ranked ninth globally for the number of announced and completed deals, reaffirming its position as a leading advisor in the M&A sector. The report highlights Eversheds Sutherland's involvement in 165 announced transactions worth $23.37 billion and 158 completed deals valued at $17.44...

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Commission President von der Leyen survives no-confidence vote On Monday, July 7, European Commission President Ursula von der Leyen addressed the European Parliament in Strasbourg regarding ongoing allegations related to the so-called “Pfizergate” controversy, which had prompted a motion of censure from far-right groups. During her remarks, von der Leyen firmly denied the accusations and described them as unfounded and politically motivated, seeking to defend both her integrity and the Commission’s conduct in vaccine procurement. She defended her leadership and vaccine...

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OBBBA introduces permanent tax changes for real estate, enhancing deductions, Opportunity Zones, REIT flexibility, and LIHTC benefits. The One Big Beautiful Bill Act (OBBBA) was signed into law late last week. While OBBBA introduces wide-ranging tax changes for all sectors, the real estate industry faces a distinct set of opportunities and challenges. Below, we explore what these changes mean for owners, developers, and investors — and how to prepare. For a comprehensive overview of the tax provisions in OBBBA, including restoration...

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Important Changes for Technology and Life Sciences Industries On July 4, 2025, President Trump signed H.R. 1, commonly known as the “One Big Beautiful Bill Act” (OBBB), into law.1 OBBB was initially approved by the House of Representatives on May 22, 2025 (the House Bill),2 followed by proposed changes that were released by the Senate Finance Committee on June 16, 2025 (the SFC Bill) and passed by the full Senate on July 1, 2025. OBBB permanently extends many of the tax provisions...

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On June 25, 2025, the European Commission introduced a proposal for an "EU Space Act." This comprehensive proposal spans over 100 pages and includes several annexes detailing regulations aimed at harmonizing the space sector. The proposal seeks to address the growing economic and political significance of space activities, which can't be sufficiently managed by fragmented national regulations. International law currently only mandates that states must authorize and supervise space activities, a requirement yet to be implemented in Germany. The...

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