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Seyfarth Shaw LLP | USA | 20 May 2022
Downtown DC's recovery: district government hopes incentives will help
In order to entice businesses back to the city, the Bowser administration recently announced the small medium business growth fund – a $5.4 million grant programme specifically designed to provide a helping hand to small businesses looking to open or expand their operations in the district. Other proposals are tax abatement and an amendment to the Vitality Fund, which would provide grants to......
Day Pitney LLP | USA | 7 Feb 2022
Tax Court Upholds Non-Residential Development Fee on Property Subject to the Long-Term Tax Exemption Law
New Jersey's Non-Residential Development Fee (NRDF) is a required contribution by non-residential developers toward a municipality's affordable…
Allyn International | USA | 4 Feb 2022
South Carolina Sales and Use Taxes: New Agricultural Exemption Card Available for Farmers
The South Carolina Department of Agriculture and the South Carolina Department of Revenue (DOR) have announced a new sales tax exemption process…
Spaviatech Law | India | 2 Feb 2022
Tax incentives to promote regional aviation market
While India is one of the fastest-growing aviation markets in the world, only a minority of its population uses air transport, and air services have been predominantly confined to big metropolitan cities and other state capitals. To address this gap in the market, the government has decided to offer incentives to airlines for flying on unserved and underserved routes and airports. Further, in......
WTS Global | European Union, Finland | 27 Jan 2022
Advocate General Opinion (CJEU C-342/20) - Finnish tax exemption criteria designed for contractual funds qualifies as a restriction on free movement of capita
On 6 October 2021, the Advocate General issued its opinion (Opinion) on Finnish CJEU case C-342/20 and stated that the Finnish tax exemption criteria…
Allyn International | USA | 7 Jan 2022
Tennessee’s Drop Shipment Special Collection Rules Repealed
Effective January 10, 2022, Tennessee’s drop shipment special collection rules have been repealed. On or after January 10th, Tennessee suppliers may…
WTS Global | Italy | 28 Oct 2021
Italian tax exemption on interest from medium / long term loans paid to foreign investment funds
The Italian tax authorities have recently ruled that the domestic WHT exemption granted to certain foreign investment funds and other qualified…
Bryan Cave Leighton Paisner LLP | USA | 20 Oct 2021
EO Update: e-News for Charities & Nonprofits
Please join the IRS and other international organizations and regulators by participating in the annual International Charity Fraud Awareness Week…
Levenfeld Pearlstein LLC | USA | 13 Oct 2021
Final Regulations Issued on Deductions for Executives’ Compensation
Executives of public companies looking to their personal and company compensation planning in the New Year face a host of challenges. They and their…
Greenwoods & Herbert Smith Freehills Pty Ltd | Australia | 20 Sep 2021
Weekly Tax Highlights to 17 September 2021
CR 2021/61 Metcash Limited - off-market share buy-back CR 2021/60 Macquarie Bank Limited - Macquarie Bank Capital Notes 3 Taxpayer…
