Publication
Blue Bonds: Making a splash in the Capital Markets
In 2018, the Republic of Seychelles launched the first-ever “blue bond”, with the support of the World Bank Group and the Global Environment Facility.
IRS Extends Deadline for Certain ACA Reporting Until March 2, 2017
Global | Publication | November 18, 2016
The Internal Revenue Service (“IRS”) has extended the deadline for furnishing some, but not all, 2016 information reports required by the Patient Protection and Affordable Care Act (“ACA”).
In IRS Notice 2016-70, the IRS extended the deadline for furnishing to individuals 2016 Forms 1095-B and 1095-C from January 31, 2017 to March 2, 2017. These forms provide information to individuals about offers of health coverage and coverage provided. The IRS also extended the good faith transitional relief penalties related to these 2016 information-reporting forms.
However, the IRS did not extend the deadlines for filing the 2016 Forms 1094-B, 1095-B, 1094-C and 1095-C with the IRS. The deadline for filing these forms with the IRS remains February 28, 2017, if not filed electronically, or March 31, 2017, if filed electronically. The IRS did not change the provisions regarding automatic extensions of time for filing certain returns, which remain available.
In light of the recent election, the fate of the ACA remains unclear. However, companies are encouraged to continue compliance with the law while it remains in effect.
Read the full text of IRS Notice 2016-70 here.
Recent publications
Publication
Marine Money Week New York 2025
We are delighted to be participating in Marine Money Week New York 2025. As one of the landmark events for the global shipping finance community, and with the global shipping and maritime industry at such a pivotal juncture, we look forward to catching up with clients and contacts to continue discussions around navigating the current challenges and opportunities.
Publication
The parallel imposition requirement in exclusive distribution systems: key takeaways from the CJEU’s ruling in Beevers Kaas
On 8 May 2025, the Court of Justice of the European Union (the CJEU) delivered its ruling in case C-581/23 (the Ruling), providing guidance on one of the conditions for an exclusive distribution agreement to benefit from the block exemption under Article 4(b)(i) of the 2010 Vertical Block Exemption Regulation (the VBER)1, notably the so-called ‘parallel imposition requirement’.
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