News
Jul
2016 -
July 2016 - Italy - Taxation
This possibility came out as a result of some statements made by the Government organs to the press; several comments and assumptions followed.
From an ethical point of view, this possibility certainly does not send a strong sign to dishonest taxpayers with respec ... Read more
Jul
2016 -
Italy - taxation
PART ONE: The Reform of Tax Litigation Procedures (Patrizio Tumietto)
During the past months three points of extreme relevance have been discussed, regarding taxes - both in Italy and at an international level - that will bring important conclusions to Italian tax ... Read more
Apr
2016 -
Germany - USA Chemicals company expands into Leverkusen
Momentive Performance Materials, a USA based specialist manufacturer of silicones and innovative materials, is expanding its production capabilities in the automotive segment. The company is investing 30 million US dollars in a new site in Leverkusen, North Rhine ... Read more
Mar
2016 -
Spain - March 2016 - Supreme Court Ruling in Spain to protect property purchasers
In 2008, property lending dried up in Spain, as elsewhere, and many people had purchased properties “off-plan” in good faith, but could not complete their transactions. The Spanish law is prevailingly protective for those investors. According to ... Read more
Feb
2016 -
CLG expands in USA
Our USA member firm, Collins & Scanlon, which is based in Cleveland, Ohio, is pleased to announce the opening of a new office in Baltimore, Maryland effective 1st January 2016. The office will serve to expand the general business practice of the Ohi ... Read more
Feb
2016 -
Germany - Feb 2016 German Federal Court of Finance questions constitutionality of German interest limitation rule
On 10 February 2016 the German Federal Court of Finance (Bundesfinanzhof) published a decision to the effect that the German interest limitation rule is in breach with the German Constitution because it violates the principle of equality. The Federal Court of ... Read more
Feb
2016 -
Feb 2016 - ECHR Case on Human Rights
Bărbulescu v. Romania (Application 61496/08)
The case originated in an application against Romania under Article 34 of the Convention for the Protection of Human Rights and Fundamental Freedoms by a Romanian national, Mr. Bogdan Mihai Bărbulescu, on the 15th of ... Read more
Jan
2016 -
EU - Copyright
The European Commission has issued the long awaited communication on copyright, "Making EU copyright rules fit for the digital age". This sets out the Commission's vision for the modernisation of EU copyright rules. The Commission's main aim is to widen access to ... Read more
Jan
2016 -
EU - Digital Single Market: bringing down barriers to online access to goods and digital content in the EU
On 9 December 2015 the European Commission submitted a package of proposals and announcements on the Digital Single Market (DSM). The basic purpose of these proposals is to simplify and promote access to digital content and online sales across the EU. The challeng ... Read more
Jan
2016 -
Germany - 2,000 UBS clients being investigated by German prosecutors
Prosecutors in Germany who are investigating tax fraud by clients of the Swiss bank UBS have launched around 2,000 proceedings, German paper WAZ quoted a state prosecutor as saying. UBS and several other Swiss banks are being targeted in investigations into person ... Read more
Oct
2015 -
Rights for mobile workers: time spent travelling to appointments may be "working time"
The ECJ decision in Federacion de Servicios Privados del sindicato Comisiones Obreras v Tyco Integrated Security SL and another (c-266/14) held that where employees do not have a fixed or habitual place of work, but have to travel to and from appointments arranged ... Read more
Oct
2015 -
Cyprus - Intellectual Property Tax Regime
Major developments are currently in progress with regards to Intellectual Property (IP) tax regimes driven by OECD initiatives. These initiatives will have great impact on IP companies wishing to benefit from such beneficial tax regimes. Special transitional rule ... Read more