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Companies operating in the U.K. are set to face multiple Company Act amendments that include greater powers for the registrar and stricter legislation in reporting of any changes to company Articles but also allow more privacy to company…
In the same vain as my post yesterday on the unveiling of the new Indian Tax Code, India is proposing a simplification of it’s mining laws, with the objective of doubling that sectors contribution to the Indian GDP. …
A new investment law offers corporate tax holidays of 10 years to foreign companies coming to Iraq. By focusing on economic reform and an enhanced business environment, Iraq’s chances of emerging from the devestation of the Saddam era,…
TORONTO — Canada’s privacy commissioner accused Facebook on Thursday of breaching Canadian law by keeping users’ personal information indefinitely after members close their accounts. Privacy Commissioner Jennifer Stoddart released a report that also accuses Facebook of disclosing personal…
The European Commission is considering the adoption of the International Standards on Auditing of the International Auditing and Assurance Standards Board for statutory audits required by Community law. A consultation paper addressing this is available on the EC…
The prime minister has announced the creation of the UK Innovation Investment Fund. This fund is to invest in technology-based businesses, focusing on small businesses, start-ups and spin-outs. The Government hopes this scheme could leverage enough private investment…
Christopher H. Hanna (SMU) has published The Real Value of Tax Deferral, 61 Fla. L. Rev. 203 (2009). Here is the abstract:
A leading law professor [William D. Andrews] wrote a quarter-century ago that deferral of gain “is not as serious as outright exemption, but it is the next best thing.” Few tax law academics would disagree. But how important…