If your business spent money developing products, software, or processes between 2022 and 2024, there may be a refund waiting for you — and for some taxpayers, the window to claim it could close as early as July 6, 2026. Here’s what changed, who qualifies, and why moving quickly matters. The Section 174 Trap That Started It All How the One Big Beautiful Bill Act Reopened the Door Who Qualifies? Two Paths to the Money Why July 6, 2026 Matters ...

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One of the first factors to consider when planning for the eventual sale of your company is the entity’s estimated value, or the amount a buyer is willing to pay for the business’s assets, liabilities, and all the risks associated with that purchase. While there are many valuation methods for making this determination, EBITDA (“earnings before interest, taxes, depreciation and amortization”) is the preferred metric that buyers, bankers and investors use to value a company and negotiate a sales...

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The European Union (EU) recently reached a provisional agreement on amendments to the EU Artificial Intelligence (AI) Act that, if formally adopted, will delay the requirements for “high-risk” AI systems, including those used to make employment decisions, from taking effect on August 2, 2026, until December 2, 2027. Quick Hits The European Union has provisionally agreed to delay the implementation of high-risk AI regulations in employment decisions until December 2, 2027. Subject to formal adoption, the agreement would delay the...

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On June 8, 2026, U.S. Judge Leo Sorokin of Massachusetts voided the federal government’s new H-1B visa fee of $100,000 for each H-1B petition submission stating that the fee was unlawful and served to impose a tax on H-1B petitions without prior authorization by Congress. The Judge further stated that the Department of Justice policy should have been implemented through formal regulations and public notice requirements. He also noted that Presidential powers do not delegate to the executive branch...

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In this edition of the Neural Network, we look at key AI developments from May and June 2026. In regulatory and government updates, the European Commission has published draft guidance on the classification of “high-risk” AI systems under the EU AI Act; AI chatbots and social media appear set to face tighter regulation under the UK’s evolving online safety regime; Ofcom has set out its annual strategic approach to safe and secure AI adoption; and the US has introduced a...

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According to the European Commission, the European Union depends on non-EU countries for more than 80% of its key digital products, services and infrastructure. In times of geopolitical tension in both the West and the East, this dependence is becoming a risk for security and the economy. With the European Technological Sovereignty Package put forward on 3 June 2026, the European Commission has launched its most ambitious effort to date to strengthen technological sovereignty in the EU. The proposals have the potential to...

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As global appetite for private market strategies continues to grow, US general partners (GPs) are increasingly looking to Europe for their next wave of capital. However, successfully raising capital in Europe requires more than a strong track record, it demands a nuanced understanding of investor expectations, fund structures, ESG frameworks and regulatory pathways that differ significantly from the US. This guide explores what US GPs need to know to successfully raise capital from European institutional investors and position themselves effectively in...

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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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Member States endorse EIB Group strategy to use its full potential and scale up investment and risk-taking, with a special focus on energy autonomy, technological leadership, security and defence, resilient infrastructure and strong global partnerships. EIB Group on track to meet 2026 target of 5% of total financing in EU for security and defence. EIB Group is delivering on its strategic roadmap, including record energy investment. The Board of Governors of the European Investment Bank (EIB), comprised of European Union...

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