French draft budget for 2013
On 28 September 2012, the French government released its much-awaited draft budget for 2013, which, unsurprisingly, contains significant tax increases, targeting wealthy individuals and large businesses. The government’s draft budget will be debated and amended by the Parliament during the coming months.
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Briefings from Debevoise & Plimpton
The year 2012 will probably be remembered in the annals of FCPA history as the year of the Guidance.
On 18 December 2012, the lower house of India’s parliament cleared the Companies Bill 2012, in a significant step towards replacing the more than 50-year-old Companies Act 1956.