Job Watch: Commercial property

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Latest Briefings

Estate duty being re-introduced in India – An update

Presently, India does not have an estate duty. The Estate Duty Act, 1953 which sought to impose an estate duty in India on property passing on demise was repealed in the year 1985. Is the estate duty a relic of the past? Rumours are rife that an estate duty will soon be reintroduced in India. […]

Market trends in offshore relocations to the Channel Islands for HNWs and businesses

Leading a team of specialists in both HNW and business relocations across BVI, Cayman, Guernsey, Jersey and Luxembourg, Ogier partner Jonathan Hughes has a unique perspective on trends and factors driving relocations to the Channel Islands. As substance regulations make new demands on economically active HNWIs, the Channel Islands’ offering of a London-equivalent professional services […]

EUR 50 million fine for GDPR in France. What about CEE?

On 21 January 2019, the French data protection authority — the Commission nationale de l’informatique et des libertés (“CNIL”) — issued a General Data Protection Regulation (“GDPR”) fine of EUR 50 million against Google LLC. (“Google”). The CNIL launched its investigation of Google on 1 June 2018 based on two complaints filed by data subjects. […]

Macedonia: Stricter rules for awarding new exploitation concessions

After a long, complex and nation-wide discussion, on 9 January 2019, the Macedonian Parliament introduced stricter rules for obtaining exploitation concessions. Effective immediately, the novelties from the Minerals Law target potentially new mines, and they came as a result of the broad interest shown during the last couple of years concerning the environmental effects of the mining […]

Recommended

A guide to buying a share transfer apartment in Jersey

Buying an apartment by ‘share transfer’ is very different to a freehold purchase and involves buying a block of shares in a company that gives rights of occupation to an apartment. As there is no need to attend the Royal Court, completion can take place on any day. You can commit yourself either verbally or […]

Malaysia
1

Rajah & Tann formalises enlarged Malaysian association

Rajah & Tann has expanded its coverage in Malaysia with associate firm Kamilah & Chong completing a three-way merger to create enlarged firm Christopher & Lee Ong. Rajah & Tann has been in an association relationship with Kuala Lumpur-based Kamilah & Chong since 2007. Recently, the local firm has merged with two other local outlets […]

Native title taxation measures pass in final sitting week

In its final sitting week, the Commonwealth parliament passed three pieces of legislation that include important measures aimed at clarifying the taxation treatment of payments and benefits provided under native title agreements. Together, the Tax Laws Amendment (2012 Measures No. 6) Act 2013 (Cth) and the Tax Laws Amendment (2013 Measures No. 2) Act 2013(Cth) […]

warwick england midlands

Wright Hassall announces drop in profitability but turnover rises

Midlands firm Wright Hassall has seen a marginal increase in turnover but a sizeable drop in profit after investment in IT systems last year. Wright Hassall’s revenues rose by 1.5 per cent, from £13.3m in 2011/12 to £13.46m last year. Meanwhile average PEP dropped, from £179,000 in 2011/12 to £142,000 last year – a 21 […]

Scotland

Morton Fraser posts slight decline in revenue and profits

Scottish firm Morton Fraser has announced a slight drop in both turnover and profit for the last financial year, with revenue dipping 2.8 per cent to £13.7m. The result compares to £14.1m in 2011/12, a figure which in turn was a dip from 2010/11’s £14.6m. Meanwhile net profit fell from £3.9m to £3.8m, a decrease […]

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