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Horizon Scanning: Investigations and Enforcement
In this horizon scan, we focus on key developments affecting companies operating in the UK, including in light of the recent change in UK government.
Global | Publication | September 2018
On August 17, 2018, the Constituent National Assembly issued a Decree with the Rank, Value and Force of Law, to reform the Tax Law on Big Financial Transactions (TLBFT)1, which was published in the Official Gazette of the Bolivarian Republic of Venezuela, Special Issue No 6.396, dated August 21, 2018.
Through this reform, article 13 of the TLBFT was modified, which sets a tax rate with a maximum limit of 2 per cent, and included the power of the National Executive Government to set a rate up to such limit.
The tax rate was set at 1 per cent, which represents an increase of 0.25 per cent, in comparison to the 0.75 per cent rate set in the reformed TLBFT.
This reform of the TLBFT became effective on September 1, 2018.
Decree with the Rank, Value and Force of a Law Law on Big Financial Transactions published in Official Gazette No 6.210 Special dated December 30, 2015.
Publication
In this horizon scan, we focus on key developments affecting companies operating in the UK, including in light of the recent change in UK government.
Publication
As you begin planning for the upcoming financial year, it is likely that legal operations projects are on your radar. However, securing the necessary budget can be challenging. Our roundtable on October 1, ‘Preparing for FY2025 - Building a compelling business case’, will help you create compelling business cases for your legal initiatives.
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On 3 September 2024, the ECJ delivered its judgment in Illumina’s appeal against the General Court’s (GC) judgment confirming the European Commission’s (EC) powers to review concentrations under the EU Merger Regulation (EUMR) in circumstances where no Member State has jurisdiction under national law.
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