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International Restructuring Newswire
Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
Global | Publication | February 2024
Given the continuing rapid pace of change in the US sanctions landscape, it is now more important than ever for companies—both US and non-US—to understand various types of US sanctions and their potential influence on the global matrix of business risks, as well as to stay abreast of key developments so that they can nimbly anticipate and prepare their business to respond to emergent US sanctions risks and compliance challenges.
1. Provides a high-level overview of the current state of US sanctions laws and regulations, including:
2. Serves as a helpful practical tool for companies with cross-border operations
3. Provides a global heat map of areas presenting US sanctions related risks for cross-border businesses
This guide only includes sanctions imposed by the US. For information on all global sanctions, including EU and UK, please visit the NRF Institute's cross-border sanctions guide.
The US sanctions space is very active and changes are made frequently. This guide is current as of February 6, 2024, and will be updated periodically to reflect the most recent changes.
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Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
Publication
The Canadian Federal Budget 2024 proposes to broaden the scope of certain powers allowing CRA to request information from taxpayers, and sets out new consequences for non-compliant taxpayers.
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The alternative minimum tax is an additional income tax imposed under the Income Tax Act on individuals and certain trusts who would otherwise be able to reduce their ordinary Canadian federal income tax through the use of certain deductions, exemptions or credits.
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