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Luxembourg’s 2019 Finance Bill: key tax considerations

By William Jean-Baptiste Following the smooth passage of a new Budget bill, Luxembourg has cut the rate of corporate income tax with immediate effect to attract more international investors. The decrease in the corporate income tax (CIT) rate was promised in the Government’s coalition agreement for the period 2018-2023 following the 2018 general elections.

Turkish Law On Data Breaches GDPR Report

Turkey’s first comprehensive data protection law was being launched in April 2016. The 2016 Law on the Protection of Personal Data (“Turkish Data Protection Law”) is based largely on EU Data Protection Law. As a candidate state for EU membership, Turkey aligns much of its legal system with EU law. Turkish data protection law consequently […]

Decision on Decree on the Price and Times to be Applied for Production Activities Based on Renewable Energy Resources

This information sheet has been prepared in accordance with the Decision dated 10.05.2019 and published in the Official Gazette No. 30770 . The legal basis of the decision ; Law No. 5346 on the Utilization of Renewable Energy Resources for the Purpose of Generating Electrical Energy published in the Official Gazette dated 18.05.2005 and numbered 25819 ( Law on the Renewable Energy Sources ). Thus, as is known, the amount, […]

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A March 2016 instruction saw several of Gowling WLG’s teams collaborate to assist client Mercia Technologies plc (Mercia) on its acquisition of Enterprise Ventures, a leading provider of early stage and growth finance. Corporate partner Kristian Rogers led on the deal with support from senior associate Mark Rowan and associate Laura Le Marechal in the Corporate team and partner Jon […]

Gowling WLG helped in second-largest pensions buy-in

Gowling WLG advised longstanding pensions client Rothesay Life on a bulk annuity deal with the Civil Aviation Authority Pension Scheme, worth £1.6bn. At the time of completion, this was the second largest buy in ever secured by a UK pension scheme. It was also the UK’s largest de-risking transaction completed at the time. Pensions partner Paul Feathers led […]

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