From Conflicts of Law Net I got this interesting case discussing the jurisdiction applicable to a domain name dispute. What are the potential tax consequences of this case?
If a domain name jurisdiction is that of its registration, may we infer that a tax presence could be deemed too? The legal reasoning of this case pave the road for this concluding statement. (more…)
The Hague Prize for International Law 2011 will be awarded to Professor Paul Lagarde, from Paris, France, “in view of [his] outstanding contribution to the study and promotion of private international law”.
The award was announced by Dr. Bernard Bot, Chairman of The Hague Prize Foundation. Dr. Bot said: “Mr. Lagarde is one of the most important contributors to the work of the Hague Conference on Private International Law. Professor Lagarde also performed an important role in the development of private international law within the European Union, for which his Hague work was an important source of inspiration.” Amongst his many other activities Professor Lagarde enriched the work of the Hague Conference through his participation as expert, delegate, chairman and reporter for the Conference.
This prestigious prize was established in 2002 by the municipality of The Hague and is awarded by the independent Hague Prize Foundation, ”to physical persons and/or legal persons who – through publications or achievements in the practice of law – have made a special contribution to the development of public international law and/or private international law or to the advancement of the rule of law in the world”. The prize consists of a medal of honour, a certificate and a monetary amount of € 50,000.
The first recipient of the prize was Professor Shabtai Rosenne in 2004. Professor M. Cherif Bassiouni received the prize in 2007, and in 2009 the prize was awarded to Dame Rosalyn Higgins.
Mayor Jozias van Aartsen of The Hague will present the prize to Professor Lagarde on Wednesday 21 September 2011 at a ceremony to be held in the Peace Palace.
According to the United Nations Conference for Trade and Development (UNCTAD), foreign direct investment in Spain has tripled in 1 year, increasing by 177% to 25,000 million dollars.
The annual UNCTAD World Investment Report for 2010 has seen Spain rise to 14th place in the ranking for last year’s inward foreign investment, and is testament to the fact that the Spanish economy is beginning to recover since its fall in 2009.
Amongst other positive developments highlighted in the report is the fact that the global economy is gaining strength, with emerging countries increasing their direct investment to a record level in 2010.
Although global FDI flows are still around 15% lower than recorded before the financial crisis, foreign investment grew by 5% around the world to 1.24 billion dollars in 2010. The document acknowledges China alongside Russia and India has having become strong investors.
UNCTAD forecasts that FDI flows are expected to continue to grow in 2011 to 1.4 or 1.6 billion dollars. This increase should continue through 2012 and 2013, when flows could reach 1.9 billion dollars.
This could be a sign that investor confidence is coming back and hopefully heralds the beginning of a global recovery.
With the openness of the world economy, the development of commercial exchange between countries and the increase of the volume of cross-border transactions, the State of Qatar has been seeking to enable the persons and companies carrying on activities in Qatar to deal with the tax burden resulting form imposing tax on the investor’s income in double way in the State where he lives ( the State of residence ) and the State where he carries on his activity (the State of source) by way of concluding agreements for the avoidance of double taxation with other countries.
Know Your Customer or KYC, predominated on the hyper regulated financial and legal profession in the 90s. Now that you Know Your Customers, it is time to start thinking in Knowing Your “Third Party” or KY3, and what are they doing for you.
As prosecution on acts of bribery and corruption is top in the agenda for the UK and the USA, a new compliance framework is being developed, specially for those trading in emerging markets, or in well established markets with sophisticated corruptions systems.
Bribery and corruption are rapidly establishing themselves as a permanent part of the financial crime portfolio as the UK and US begin to lock-step both legal practice and enforcement. Keith Korenchuk and Oliver Kerridge of Arnold & Porter LLP talk to MLB editor Timon Molloy about the transatlantic lessons and risks. (more…)
TheRDL 13/2010, de 3 de diciembre has introduced two tax incentives for Corporations which we support. First the increase of the taxable base for the 25% Corporation Tax rate from 120,000 Euros to 300,000 Euros; second the elimination of stamp duty for the majority of corporate operations.
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