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Results: 1-10 of 18

Flexsecurity: a new concept in French labor law

  • Orrick Herrington & Sutcliffe LLP
  • -
  • France
  • -
  • May 22 2013

The bill incorporating the ANI of January 11, 2013 on protection and flexibility of employment was finally adopted by the French Senate on May 14

Registration duties: latest comments from the French tax authorities on the new tax regime of transfer of shares in a company

  • Orrick Herrington & Sutcliffe LLP
  • -
  • France
  • -
  • October 30 2012

The Finance Act (28 December 2011) and the Amended Finance Act (14 March 2012) for 2012 modified significantly the treatment of registration duties applicable to the transfer of shares in listed and non listed companies

Modification of the social security treatment of severance indemnities

  • Orrick Herrington & Sutcliffe LLP
  • -
  • France
  • -
  • October 2 2012

Previously, the termination indemnities (including the severance indemnity and the settlement indemnity) paid as of January 1, 2012, were subject to social security contributions, if they exceeded the cap of two times the annual French social security ceiling, i.e.. 72,744 for 2012, andor the greater amount between the legal severance indemnity or the severance indemnity under the collective bargaining agreement; twice the annual salary paid to the employee, during the previous year; one-half of the total termination indemnities

Brief overview of employment law changes in France

  • Orrick Herrington & Sutcliffe LLP
  • -
  • France, USA
  • -
  • February 13 2013

Previously, overtime hours were exempted from taxes for the employees and gave rise to a partial reduction of social security contribution for

France, Italy, and Spain extend short selling restrictions

  • Orrick Herrington & Sutcliffe LLP
  • -
  • France, Italy, Spain
  • -
  • August 29 2011

On August 25, the national financial regulators of France, Italy, and Spain extended restrictions on short selling stock introduced on August 11. France's restrictions have been extended to November 11 while Italy and Spain have extended their restrictions to September 30. The ban enacted by Belgium's financial regulator on August 11 continues to remain in effect indefinitely. France Release. Italy Release. Spain Release. Belgium Release

Listing of Italian and French companies on the Hong Kong stock exchange

  • Orrick Herrington & Sutcliffe LLP
  • -
  • France, Hong Kong, Italy
  • -
  • April 7 2011

Until late 2006, The Stock Exchange of Hong Kong Limited ("HKSE") would accept listing applications from only companies incorporated in four jurisdictions Hong Kong, the P.R.C., the Cayman Islands and Bermuda

French Competition Authority fines four laundry detergent manufacturers for cartel activity

  • Orrick Herrington & Sutcliffe LLP
  • -
  • France
  • -
  • March 20 2012

On December 8, 2011, the French Competition Authority fined four major laundry detergent manufacturers up to M 367.95 (the total amount of fines would have been M 713.57 without reductions due to leniency applications) for participating in a cartel through a trade association

Proposed treasury regulations implementing the Foreign Account Tax Compliance Act ("FATCA")

  • Orrick Herrington & Sutcliffe LLP
  • -
  • France, Germany, Italy, Spain, United Kingdom, USA
  • -
  • February 10 2012

On February 8, 2012, the IRS announced the release of proposed regulations for the next phase of implementing FATCA, which targets noncompliance by U.S. taxpayers using foreign accounts

German dividend withholding tax violates the principle of freemovement of capital (ECJ,October 20, 2011, c28409) impact on the French withholding tax levied on outbound dividends paid to European pension funds and certain minority shareholders?

  • Orrick Herrington & Sutcliffe LLP
  • -
  • European Union, France, Germany
  • -
  • February 21 2012

The ECJ decided in a judgment rendered on October 20, 2011 (C 28409) that the German withholding tax violates the principle of free movement of capital guaranteed by the TFEUEEA Treaties

Reinstatement of taxes and social contributions on overtime hours

  • Orrick Herrington & Sutcliffe LLP
  • -
  • France
  • -
  • October 2 2012

Previously, overtime hours were exempted from taxes for the employee and benefited from a partial reduction of social security contribution for employees and employers

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