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Davies Ward Phillips & Vineberg LLP

Retaliatory Taxes: Pending Legislation in U.S. Congress May Adversely Impact Returns on Inbound Investment

As the U.S. tax reform process continues, the comprehensive tax bill that passed the House of Representatives in May is now under active consideration in the Senate. Earlier this week, the Senate Finance Committee released...more

Venable LLP

International Tax Reform Under the "One Big Beautiful Bill": What Global Businesses Need to Know

Venable LLP on

As the U.S. Senate is set to consider President Trump's domestic policy bill, non-U.S.-based multinational businesses and non-U.S. investors are preparing for wholesale changes to the U.S. international tax landscape,...more

ArentFox Schiff

Navigating the Complexities of Forced Labor Laws: ArentFox Schiff's 2024 Guide for Global Businesses

ArentFox Schiff on

In the last few years, changes to the United States enforcement stance on the forced labor import ban authorized by 19 U.S.C. § 1307 and passage of the Uyghur Forced Labor Prevention Act (UFLPA) have fundamentally changed the...more

Latham & Watkins LLP

UK Data Protection and Digital Information (No. 2) Bill: What Is Changing?

Latham & Watkins LLP on

The updated reform legislation provides welcome guidance and clarifications on aspects such as legitimate interests and accountability, without substantially shifting the approach proposed under the existing reform bill. ...more

McDermott Will & Emery

[Webinar] Tax in the City® - November 2nd, 11:30 am - 1:00 pm PDT

McDermott Will & Emery on

Recent tax proposals may bring significant changes to the US federal, international and state and local tax landscape. Join us for our first nationwide Tax in the City® program for a discussion on the key proposed changes...more

Bowditch & Dewey

Impact of House Ways and Means Tax Proposals for International Operations

Bowditch & Dewey on

In this final blog post on the House Ways and Means Tax Bill, we address the international tax proposals in the Bill, JCX-43-21. The international tax proposals are fewer in number than the domestic and transfer tax...more

WilmerHale

China Promulgates Data Security Law

WilmerHale on

The Standing Committee of China's National People’s Congress (NPC) on June 10 enacted the Data Security Law (DSL) which will come into effect on September 1. The NPC reviewed two earlier drafts of the DSL in July 2020 and...more

Akin Gump Strauss Hauer & Feld LLP

An EU Approach to Class Action Litigation

• A U.S.-style class action regime looms large in the European Union. • The current draft legislation imports certain hallmarks of the system celebrated by U.S. plaintiffs’ lawyers, but there is uncertainty over what...more

Bennett Jones LLP

Bill C-423: Private Member’s Bill Targets Modern Slavery in Supply Chains

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On December 13, 2018, John McKay, the Member of Parliament for Scarborough-Guildwood, introduced private member's bill, Bill C-423: Modern Slavery Act (the "Bill"), which aims to implement Canada’s international commitment to...more

Holland & Knight LLP

A Digital Services Tax in Mexico?

Holland & Knight LLP on

• A Mexican political party, Party of the Democratic Revolution (PRD), recently added Mexico to the global debate as to whether or not a digital services tax should be imposed on companies providing digital services,...more

WilmerHale

India Considers Stringent New Personal Data Privacy Law

WilmerHale on

The Indian government is currently considering a sweeping data privacy law which, if enacted, would mean significant changes for foreign companies doing business in the world’s fastest-growing digital economy. The Personal...more

FordHarrison

Australia's Proposed Modern Slavery Act May Impact American Companies

FordHarrison on

U.S. companies with operations in Australia may soon be impacted by the establishment of a new Modern Slavery Act (the MSA) in Australia....more

Miles & Stockbridge P.C.

Deemed Dividends Under Proposed Tax Reform

2017 tax reform efforts may alleviate adverse deemed dividend tax treatment of foreign subsidiary support for the obligations of U.S. parent companies. Present support is limited to the pledge of 66 ?rds of the stock in...more

Latham & Watkins LLP

Congressional Tax Reform Proposals: Businesses Will Need to Rethink Key Decisions

Latham & Watkins LLP on

Potential legislation would significantly affect businesses across a variety of sectors. Key Points: ..US House and Senate have each passed comprehensive tax reform legislation. ..Proposals would alter fundamental...more

Proskauer - Tax Talks

The Tax Cuts and Jobs Act

Proskauer - Tax Talks on

Today, the Republicans in the U.S. House of Representatives released their long-anticipated tax reform bill, entitled the “Tax Cuts and Jobs Act”. While there have been multiple statements from the Republican majority in the...more

Jones Day

U.S. Tax Reform Proposal Highlights Potential Sweeping Changes

Jones Day on

The Situation: The Trump Administration, in collaboration with the House and Senate, has introduced a Framework for tax reform legislation that could bring sweeping changes to U.S. tax laws....more

Foley Hoag LLP - Global Business and Human...

French National Assembly Adopts Corporate Duty of Vigilance Law

On February 21, 2017, the French National Assembly (Assemblée nationale) adopted proposed legislation defining a duty of vigilance for parent companies and their subcontractors. The law provides that multinational firms...more

Latham & Watkins LLP

Spotlight Turns on Corporate Responsibility in Italy as Italian Parliament Reviews New Draft Law Proposals

Latham & Watkins LLP on

As corporate responsibility and business integrity become increasingly important to global commercial businesses, Italy has responded domestically with a review of two key laws which may significantly impact Italian...more

Latham & Watkins LLP

The Panama Effect: UK Government accelerates proposals to criminalise failure to prevent tax evasion

Latham & Watkins LLP on

10 considerations for professionals and corporates worldwide in advance of the new law. Overview - In a move widely seen as a response to the so-called “Panama Papers” revelations, the UK Government has enhanced...more

Seyfarth Shaw LLP

Proposed US and EU Trade Secrets Laws Progress but Unlikely to be Enacted This Year

Seyfarth Shaw LLP on

There’s no doubt that protection of trade secrets is a major concern for most businesses operating in today’s global economy. As we have previously discussed, a few years ago CREATe.org and PwC US released a report that...more

Bennett Jones LLP

Domestic Anti-Treaty-Shopping Proposals and Further Consultation Announced in Canada's Federal Budget 2014

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In the Canadian Federal Budget released on February 11, 2014, the Department of Finance signaled its intention to enact a domestic treaty-shopping rule, generally allowing the Canada Revenue Agency (CRA) to deny treaty...more

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