LawFlash/Client Alert | Tax LawFlash
Christian Nouel, Olivier Couraud, Antoine Le Touzé
The act provides a series of tax measures affecting corporate, individual, and international taxation to redress public finances.
La 2ème Loi de finances rectificative publiée au Journal Officiel le 17 août 2012 (la « LFR ») prévoit un ensemble de mesures qui vont au-delà des promesses électorales du candidat Hollande. Ces mesures prises dans le but de redresser les finances publiques ont trait à la fiscalité des entreprises (I.), à la fiscalité patrimoniale (II.) et à la fiscalité internationale (III.).
LawFlash/Client Alert | Tax LawFlash
Olivier Couraud
La Loi de Finances Rectificative pour 2011 et la Loi de Finances Initiale pour 2012 confirment la politique de rigueur mise en œuvre par le Gouvernement depuis 2011, au travers d'une fiscalité accrue pour les entreprises et les particuliers. [The Amending Finance Law for 2011 and the Initial Finance Law for 2012 confirm the austerity measures for enterprises and individuals that the French Government set up in 2011.]
LawFlash/Client Alert | Tax LawFlash
E.S. Kate Habershon
On 23 March, UK Chancellor of the Exchequer George Osborne released his second budget. Unlike his first budget in 2010, which was a "rescue" budget containing a number of cuts, this budget is a "plan for growth" and is aimed at... more
LawFlash/Client Alert | Tax LawFlash
E.S. Kate Habershon
The 2010 UK Government budget was handed down on 24 March. It was titled "Securing the recovery" and did not contain any surprises, nor changes to the corporate tax regime that will have a dramatic impact on business in the UK. ... more
LawFlash/Client Alert | Tax LawFlash
William Colgin, Jr., Neal Gordon, Barton Bassett
In a decision filed on March 22, the U.S. Court of Appeals for the Ninth Circuit reversed course and affirmed the U.S. Tax Court's decision in favor of the taxpayer in Xilinx, Inc. v. Commissioner of Internal Revenue . Xilinx... more
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Neal Gordon, Barton Bassett
On February 4, the Treasury Department announced the signing of a new income tax treaty between the United States and Chile. The treaty will be presented to President Obama for his signature before it is sent to the United Stat... more
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Tax Practice
On October 13, The Wall Street Journal reported that White House aides had confirmed that the Obama administration has shelved its plans to advance its international tax reform for 2009 as a result of heavy lobbying by the bus... more
LawFlash/Client Alert | Tax LawFlash
E.S. Kate Habershon
On 1 October 2009 the European Court of Justice (ECJ) handed down a decision in the case of HSBC Holdings PLC and Vidacos Nominees Limited v HMRC that concerned UK Stamp Duty Reserve Tax (SDRT). The ECJ held that it is not la... more
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Tax Practice
The UK Budget, handed down on 22 April 2009, confirms the UK government's desire to make the UK a more attractive and competitive jurisdiction for multinational businesses. Taxation of Foreign Profits After nearly two yea... more
LawFlash/Client Alert | Tax LawFlash
Tax Practice
The Internal Revenue Service (IRS) has made enforcement of foreign bank and financial account reporting obligations a top priority, both with respect to corporate and individual taxpayers. As discussed in detail below, the pena... more
LawFlash/Client Alert | Tax LawFlash
Tax Practice
A number of important provisions impacting international transactions are included in H.R. 1424 (the Bill), which President Bush signed into law on October 3, 2008. The Bill was approved by the Senate on October 1, 2008, and th... more