Bombay High Court provides breather to Vodafone: no ‘income’, no transfer pricing adjustment on issue of shares

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Related briefings

Proposed amendments to Trade Union Bill, 2018

By Vinay Joy, Luv Mohan Saggi The Trade Unions Act, 1926 (Act) provides for the constitution and registration of trade unions in India. The Act defines a trade union as “any combinations, whether temporary or permanent, formed primarily for the purpose of regulating the relations between workmen and employers or between workmen and workmen, or between […]

Inter-branch services – Employee Cost

By Dinesh Agrawal, Ankit A. Shah, Pranay Sahay The Authority of Advance Ruling (AAR) in the state of Karnataka, in its order in Columbia Asia Hospitals Private Limited (the Applicant) dated 27 July 2018, made critical observations concerning the taxability of employee cost at a corporate office under Goods and Services Tax (GST). Background The […]

Latest Briefings

FCA published near-final rules amending the jurisdiction for SMEs and guarantors

By Paul Gair The FCA yesterday released its policy statement (PS18/21) on SME access to the Financial Ombudsman Service (FOS), setting out its near-final rules for amending the compulsory jurisdiction to include new definitions for “small businesses” and “guarantors”. At the same time, it has released a new consultation paper (CP18/31) detailing proposals for increasing […]

Walker Morris litigation specialists reviews regulator’s proposals for dealing with push payment fraud

By Louise Power, Rachel Elgar Banking & Finance Litigation specialists Louise Power and Rachel Elgar report on the Payment Systems Regulator’s (PSR) recent proposals for dealing with push payment fraud. What is push payment fraud? Payments are described as ‘push payments’ when the payer obtains the payee’s account details and instructs their bank to send (or push) […]

Impact of 2019 budget proposals on Dutch’s buyout sector

The Dutch government published important tax measures in its 2019 budget proposals with a potentially significant impact on the Dutch buyout sector. Some of these measures may result in a higher effective tax burden if appropriate action is not taken…

The meaning of occupation in the context of business rates

By Sophie Tracey, Lucy Shepherd In a decision that will be welcomed by property owners, a recent case has considered the meaning of ‘occupation’ in the context of business rates and has decided that the motivation for occupation is not relevant. Background Principled Offsite Logistics Ltd (POLL) applied for judicial review to challenge a local authority’s […]

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JP Morgan asking for reduced rates in panel review

JP Morgan Chase has launched its latest panel review, having warned firms they will have to cut rates by at least 2 per cent to qualify.  The bank is also understood to have made specific overtures to some firms including Clifford Chance about the possibility of deepening relationships in the New Year, when the roster […]

The Lawyer magazine interviews Satinder Hunjan QC from No5 Chambers

The Lawyer magazine has interviewed Satinder Hunjan QC, head of the international and clinical negligence group at No5 Chambers. In the interview, Hunjan QC gives a deeper insight into the legal practice areas he specialises in. He talks about the daily issues faced and the types of cases he regularly works on.

Bär & Karrer advises Partners Group on acquisition of Helvetica 1 portfolio

Bär & Karrer has advised Partners Group, a private markets investment manager, on its acquisition of the ‘Helvetica I’ portfolio on behalf of its clients in a secondary transaction. Helvetica Property Investors will continue to act as asset manager of the commercial real-estate portfolio. The Bär & Karrer team included Corrado Rampini (M&A, real estate) and Christoph […]

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Addleshaws, Bakers, Linklaters launch new UK parenting schemes after law change

Addleshaw Goddard, Baker & McKenzie and Linklaters are among firms to put forward new policies after legislation on shared parental leave became law yesterday (1 December) The new law, which will be enforced on 5 April, will allow parents with children due on or after that date to opt out of maternity leave and adoption leave […]

Ogier announces appointment of business and trust law partner Matthew Shaxson

Ogier is expanding in Jersey with the recruitment of partner Matthew Shaxson from Mourant Ozannes. He joins the business and trust law team, bringing with him extensive knowledge of mergers and acquisitions in the financial services sector, including working with Ogier on the management buyout of its fiduciary business. Other notable deals where Shaxson has been […]

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