Publication
US: IRS and global tax enforcers expand war on cryptocurrency
Global tax authorities have been continuously building an arsenal of tools and experts to monitor and audit crypto transactions.
The limited discoverability of tax returns
New York Law Journal
In their Commercial Division Update, Thomas J. Hall and Judith A. Archer indicate that the New York Commercial Division continues to exercise great caution to avoid unnecessary disclosure of tax returns, including by ordering in camera inspection to determine whether they should be produced.
Contacts
Recent publications
Publication
Australia: Can Legacy Employers still access the temporary JobKeeper enabling directions under the Fair Work Act 2009 (Cth)?
When extending Part 6-4C of the FW Act, the government recognised there would be employers who had previously qualified for the JobKeeper scheme, but who would no longer qualify to participate in the scheme following its extension past the end of September 2020.
Publication
China: New Financial Holdco Licence introduced in China
On September 13, 2020, the State Council promulgated the Decisions on Permitting and Management of Financial Holding Companies (in Chinese: 《国务院关于实施金融控股公司准入管理的决定》), which were further implemented by the Supervisory and Management Financial Holdco Measures for Financial Holding Companies (In Chinese: 《金融控股公司监督管理试行办法》) issued by the People’s Bank of China (the PBOC) on the same date (collectively the Financial Holdco Measures). The Financial Holdco Measures will become effective on November 1, 2020, and introduce a new financial licensing requirement and a new type of financial institution, the financial holding company (Financial Holdco).
Subscribe and stay up to date with the latest legal news, information and events...