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What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Global | Publication | January 2017
The new double tax agreement between Australia and Germany has now entered into force.
This is the first treaty in Australia which reflects the OECD’s Base Erosion and Profit Sharing (generally known as ‘BEPS’) Project recommendations for tax treaties. Changes introduced by this treaty will impact current structures and future deals involving German entities. Also, this is likely to be a template for Australia’s treaties into the future.
Features which implement BEPS Project recommendations include:
The withholding tax amendments apply for payments made from January 1, 2017. Amendments in respect of fringe benefits tax apply for fringe benefits provided on or after April 1, 2017. Amendments affecting income tax will have effect from July 1, 2017.
For information about the implications of the new tax treaty for your business, please contact one of our Australian Taxation (see below).
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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