Related briefings

Latest Briefings

Voluntary disclosures program update – The new normal

The Canada Revenue Agency voluntary disclosures program (VDP) has been around for decades. While the VDP has changed periodically, perhaps the most significant change occurred when the new Information Circular IC00-1R6, initially published on December 15, 2017, became effective on 1 March 2018.

Section 160 liability – Damis Properties Inc. v. The Queen

In Damis Properties Inc. v. The Queen, the Tax Court of Canada (TCC) found subsection 160(1) of the Income Tax Act inapplicable because the appellants and their former subsidiaries were dealing at arm’s length at the time of the transfer of the subject property. The TCC further concluded that, even if subsection 160(1) applied, the liability of the appellants under paragraph 160(1)(e) was nil because they gave fair market value consideration.

Private wealth – the potential for impact

“It is good to have money and the things money can buy, but its good too to check up once in a while and make sure you haven’t lost the things money can’t buy.” – George Lorimer

Nitrate neutrality

Developments on hold, trips to the High Court, nutrient credit schemes… Ever since a European Court of Justice ruling in November 2018, being nitrate neutral has caused headaches and blockages for developers and planners.

Bermuda: Three-day registration for special purpose insurers issuing bonds

Bermuda has always provided an efficient process for insurance submissions of all classes, with applications being approved in under two weeks. On 20 August 2021, the Bermuda Monetary Authority issued a notice announcing that enhancements have been made to allow further streamlining of the registration process for Restricted Special Purpose Insurers (“R-SPI”). Now, the licensing and registration processes of R-SPI registrants whose business model is to issue bonds (e.g. catastrophe bonds and mortgage bonds) will be consolidated and registrants can be fully registered within three business days.

Recommended

counting money

HFW reveals record turnover and double-digit PEP growth

HFW’s revenue hit record levels over 2019/20, as the firm targets a September return to the office in London.  Revenues went up by 9.1 per cent, with the firm recovering from a flat year in 2018/19. In the last 12 months, turnover increased from £178.9m to £195.2m.  The latest hike means revenue has increased by […]

Barclays appoints new general counsel

Barclays has named its new general counsel as current legal chief Bob Hoyt prepares to step down after seven years in the role. Stephen Shapiro will succeed Bob Hoyt as Barclays’ GC on 1 August. He will will hold the top legal role at the bank in addition to his current role as group company […]

drugs

The deals that closed last week: Covid-19 vaccines and restaurant sales

Following the UK Government’s investment in the front-runner coronavirus vaccine from AstraZeneca and the University of Oxford, it has announced a new £100m cash boost to develop the infrastructure for a Covid-19 vaccine. Clifford Chance, Eversheds Sutherland and Travers Smith banded together on the Government’s investment in the Cell and Gene Therapy Catapult, to accelerate […]

Find legal roles

Make your next move with The Lawyer Careers. Search and apply for thousands of vacancies, or receive email alerts for new roles when they go live. Whether you're looking at private practice, in-house legal or an exciting business support role, you'll find your future here.

Search vacancies