On March 30, 2016, the Italian Tax Authorities issued Circular Letter no. 6 (“Letter 6”), which clarifies issues related to the structure of certain acquisitions, in particular those involving investments by private equity funds. The clarifications are based on para. 1.64 sbq. of OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations 2010.
May 11, 2016
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May 04, 2016
After much anticipation, Treasurer Scott Morrison today handed down his first Federal Budget.
May 03, 2016
Court rules Victorian ‘economic entitlement’ provisions do not apply to development agreement
April 26, 2016
On March 21, 2016, the Italian Tax Authority (the “ITA”) took steps to implement the international tax ruling procedure set forth by article 31-ter of Presidential Decree No. 600 of 29 September 1973, as recently amended by Legislative Decree No. 147 of 14 September 2015 (the “ITR Procedure”)...
April 07, 2016
After much anticipation, the new Liberal government today tabled Budget 2016.
March 22, 2016
The UK offshore oil and gas industry has one of the highest levels of operating costs in the global energy sector.
March 16, 2016
The Chancellor delivered his UK Budget on 16 March 2016. Many of the measures are geared to the taxation of individuals, including those with a sweet tooth.
The Government has today announced changes to the rates of stamp duty land tax (SDLT) applicable to acquisitions of non-residential and mixed-use property.
The Government has published its long term plans for how businesses will be taxed; while corporation tax rates will be lowered, there are a number of measures to ens
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