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What matters: A review of 2011 and 2012
- Kramer Levin Naftalis & Frankel LLP
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- USA
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- April 1 2013
As you know, the last two years have seen a somewhat improved, but by no means robust, business climate. At the same time, structural shifts in the
Tax exemption for foreign investment in mortgage-backed securities
- Cascione, Pulino, Boulos & Santos Advogados
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- Brazil
- -
- December 31 2012
Foreign investment in real estate-backed securities in Brazil (also known as "CRI", after the Portuguese acronym) are now entitled to the same tax
Morocco legal & regulatory update
- Eversheds LLP
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- Morocco
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- December 19 2012
Pursuant to article 67 of the Law n09-08 and with the effective establishment of the CNDP members, starting from 15 November 2012, all legal persons which conducts a personal data treatment in the course of their activities, shall now comply with the provisions of the Law n09-08 especially those regarding (i) the formalities must be performed by the data controller (prior statementprior authorization), (ii) the duties regarding the process of personal data, and (iii) rules governing the control of the National Commission for the Protection of Personal Data (CNDP
Supporting your business in Latvia
- SORAINEN
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- Latvia
- -
- September 21 2012
Tax and other benefits for businesses within Special Economic Zones Commercial activities under the Special Economic Zone (SEZ) regime can provide considerable tax benefits such as a 80 rebate on corporate income, real estate and withholding tax for dividends, management fees and payments for use of intellectual property to non-residents as well as 0 VAT on most goods and services provided to businesses in a SEZ or supplied in a SEZ
FSA publishes quarterly consultation
- Dentons
- -
- United Kingdom
- -
- March 9 2012
FSA's latest quarterly consultation seeks views on: changes to the Training and Competence Sourcebook (TC) to add a new qualification to the list
REMIC tax concerns surrounding foreclosures
- Alston & Bird LLP
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- USA
- -
- March 6 2012
A Real Estate Mortgage Investment Conduit (REMIC) is an entity employed to securitize loans secured by real property and that has been granted tax-favored status
IRS releases FATCA proposed regulations
- Sidley Austin LLP
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- USA
- -
- February 9 2012
On February 8, 2012, the Treasury Department released proposed regulations under legislation that requires foreign financial institutions (including foreign banks, brokers, hedge funds and securitization vehicles such as CLOs) to report to the IRS information regarding U.S. account holders
Proposed changes to the taxation of financial instruments in italy
- Freshfields Bruckhaus Deringer LLP
- -
- Italy
- -
- September 7 2011
The Italian government has proposed changing the tax treatment of income arising on various financial instruments, including, inter alia, interest, dividends, income from UCITS, capital gains and derivative income
Talk tax quarterly news
- Morrison & Foerster LLP
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- USA
- -
- July 22 2011
Just as we were going to press bemoaning the impending January 1, 2013 effective date of the Foreign Account Tax Compliance Act, the Internal Revenue Service and Treasury Department announced an extension of the new provisions’ withholding and reporting requirements
New revenue procedure makes it easier for REMICs to release liens in the case of commercial mortgage loans secured by multiple real properties
- Sidley Austin LLP
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- USA
- -
- October 8 2010
Revenue Procedure 2010-30 (“Rev. Proc. 2010-30”) makes it easier for a REMIC holding commercial mortgage loans secured by multiple properties to release the mortgage lien on one or more of those properties without jeopardizing the REMIC’s tax status or exposing it to prohibited transaction taxes
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