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Latest Briefings

Bulgarian pension funds: New opportunities for banks to enter into repo transactions and derivatives

By Tsvetan Krumov The amendments provide new business opportunities to banks to enter into repo transactions and derivatives with Bulgarian pension funds. There are various types of private social security funds under Bulgarian law depending on the social security risks they cover. However, as the regime for derivatives and repo transactions is identical for all […]

Amsterdam District Court: Museum Map Foundation must provide data to tax authorities on museum visits

By Anke Holtland Yesterday, the Amsterdam District Court ruled in summary proceedings that the Museum Map Foundation must provide data to the tax authorities on museum visits by one specific museum card holder. What was going on? The Tax and Customs Administration demanded the information about museum visits from one specific museum card holder for the period 2014 to […]

Rules and weightings for 4th Dutch Offshore Wind tender (HKZ III&IV)

By Roland de Vlam, Redmar Damsma With the tender for the Hollandse Kust Zuid III & IV offshore wind sites in Q1 2019 rapidly approaching, potential contesters and other interested parties are awaiting the publication of the definitive version of the Ministerial Regulation holding the rules and weightings related to the tender procedure and criteria […]

Recommended

Tax lawyers attack shadow ACT rules

The Inland Revenue’s proposals for “shadow” Advance Corporation Tax (ACT) are overcomplicated and are likely to give rise to litigation, according to Francis Sandison, the Law Society’s tax expert. The society’s corporate tax sub-committee, chaired by Sandison, submitted its criticisms to the Inland Revenue last week. Sandison, a Freshfields partner, said that parts of the […]

Listed building VAT decision

Mr Justice Moses has ordered that a VAT tribunal decision that VAT was not due on the bill for repairs to a Grade II listed building following severe fire damage should now be reconsidered by a freshly constituted tribunal. His order follows an appeal by Customs and Excise against the decision of Malcolm Palmer, chairman […]

In brief: Lester Aldridge revamps its management

Twenty-eight partner Bournemouth practice Lester Aldridge has introduced a radical management structure. The firm has set up a management board with a majority of non-solicitor members who include newly appointed director of sales and marketing Louis Greenblatt, pictured above left with managing partner Barry Glazier. The firm has also closed its two-lawyer Poole office.

Fined Streeter left partnership in May

Tory shadow cabinet member Gary Streeter, who was fined £1,000 last week for professional misconduct, resigned from the partnership at Foot & Bowden in May, it has emerged. Streeter, who joined the partnership at the Plymouth firm in 1984, has now become a consultant. Both Streeter and the firm said the decision was prompted by […]

London solicitor jailed for bribes

A London solicitor who bribed an Inland Revenue official to help him track down his clients’ debtors has been jailed for two-and-a-half years. At the Old Bailey on 10 July, John Cornillie admitted conspiracy to bribe a public officer and cheating the Inland Revenue of £11,265 by giving untaxed money to staff at his firm, […]

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