Publication
La Cour suprême du Canada tranche : les cadres ne pourront se syndiquer au Québec
Le 19 avril dernier, la Cour suprême du Canada a rendu une décision fort attendue en matière de syndicalisation des cadres.
Mondial | Publication | novembre 2019
Agriculture has traditionally been restricted for foreign investors in China. The sector is seen as strategically important given the need to ensure food security for China’s population and to maintain employment for China’s large rural population. While the importance of food security remains paramount, there has been a gradual opening of the agriculture sector to foreign investors, particularly in relation to agricultural technology. The seed industry is a key example of this relaxation, which has been significant in the last two years.
In China, rice, corn, wheat, soybeans and cotton are the five staple crops. The majority of China’s seed sellers focus on these seed types. The country is self sufficient in the production of seeds for rice, corn and wheat but not soybeans and cotton. In addition, use of genetically modified crops is an area of growing importance and China cautiously sees it as a means to increase production within the limits of China’s land availability. At the same time seed production is dominated by a few global players. China is striking a balance between protecting its local seed producers and ensuring efficiency in agricultural production as far as possible. Focus has been more and more on efficiency, and seed production should increasingly be open to foreign investors.
China regulates all foreign investment into China and the restrictions vary depending on the type of industry. The key Foreign Investment Catalogue used to provide that investment into the seed sector must be through a sino-foreign joint venture that is controlled by Chinese investors. Furthermore, foreign investment in genetically modified seed production and research and development were prohibited.
In addition to the restrictions in the Foreign Investment Catalogue, China introduced a specific security review process for seed production in 2015. In practice, this had been administered by MOFCOM. Ultimately it formed part of MOFCOM’s general responsibility for security review, which already included agriculture as an area of scrutiny. As a result of the 2015 regulations, together with the MOFCOM security review regulations, there was a reasonable likelihood that any major investment into the seed sector would need to go through MOFCOM security review as well as satisfying the requirements of the Catalogue.
The restrictions on foreign investment into seed production have been gradually relaxed throughout 2018 and 2019. The relaxation culminated in the 2018 version and then the 2019 version of the Foreign Investment Negative List.
The 2018 and 2019 versions of the Negative List now provide that:
Publication
Le 19 avril dernier, la Cour suprême du Canada a rendu une décision fort attendue en matière de syndicalisation des cadres.
Publication
Le budget 2024 propose d’élargir la portée de certains pouvoirs permettant à l’ARC de demander des renseignements aux contribuables tout en prévoyant de nouvelles conséquences pour les contribuables contrevenants.
Publication
L'impôt minimum de remplacement (IMR) est un impôt sur le revenu additionnel prévu dans la Loi de l’impôt sur le revenu (Canada) (la « Loi ») auquel sont assujettis les particuliers et certaines fiducies qui pourraient autrement avoir recours à certaines déductions et exemptions et à certains crédits pour réduire leur impôt sur le revenu fédéral canadien régulier.
Abonnez-vous et restez à l’affût des nouvelles juridiques, informations et événements les plus récents...
© Norton Rose Fulbright LLP 2023