On September 15, the U.S. District Court for the District of New Jersey denied the defendant’s summary judgment motion holding instead that a bank levy against the plaintiff served as a basis for standing to assert a claim...more
The Luxembourg Tax Authorities have started to issue late filing penalties for a fixed amount of EUR 10,000 for the non-fulfillment of the reporting obligation regarding real estate levy. In light of this action,...more
On 25 May 2022, the German Federal Cabinet submitted a draft of the Carbon Dioxide Cost Sharing Act (Kohlendioxidkostenaufteilungsgesetz – CO2-KostAufG). This bill intends to regulate the sharing of costs for CO2 emissions...more
The U.K. Government announced on May 26, 2022 its intention to introduce with immediate effect a temporary Energy Profits Levy (the “Levy”), an additional U.K. Corporation Tax charge at a rate of 25% on the profits of oil and...more
HB 140 will be effective for the May 5, 2023 election, a special election since an odd-numbered year. Accordingly, it is not a popular ballot choice due to cost. Nevertheless, districts need to be mindful well in advance of...more
On Monday Governor Pritzker signed into law Public Act 102-0895 (Senate Bill 1975) creating Section 18-190.7 of the Property Tax Code, which modifies how certain school districts and other units of local government can...more
Join Bricker & Eckler Public Sector Attorneys as they take a deep dive into levy planning and campaigns, facilities financing, booster projects, fund flexibility and economic development for K-12 school districts....more
The IRS’s reach in collecting unpaid and assessed taxes is broad, pervasive, and aimed “to reach every interest in property that a taxpayer may have” United States v. National Bank of Commerce, 472 U.S. 713, 719–720 (1985)...more
We are now – thankfully – firmly out of 2020 and in the hands of 2021. Although reviewing the past year may not initially seem an appealing prospect, it is nonetheless a worthwhile one. ...more
Le 28 juillet 2020, le ministre des Transports du Québec a adopté un arrêté ministériel approuvant le Règlement modi?ant le Règlement concernant la redevance de transport à l’égard du Réseau express métropolitain...more
Paying your way – CIL and planning obligations - In the third of our series on the detail in the Planning White Paper, we consider the government’s proposals for securing the delivery of infrastructure....more
It's difficult enough to keep on top of the news at the moment – not to mention the raft of recent changes to the planning system announced by Whitehall over the past couple of months. With that in mind, and as the...more
The recent judgment of the High Court in the Oval Estates case has highlighted the importance to developers in settling CIL phasing strategies early on in the planning process and not relying on retrospective action....more
In a 2013 post, wrote about new legislation, AB 2364 (Wagner), intended to simplify the process for levying on bank accounts for both creditors and banks. AB 2364 required banks or financial institutions with more than nine...more
Last week, California Governor Newsom signed into law AB 539, which makes significant amendments to the California Financing Law (CFL), and SB 616, which creates a new exemption from levy for deposit account funds....more
Six years ago, I wrote about the enactment of legislation, AB 2364 (Wagner) intended to make it easier to levy on bank accounts. The law requires a bank or financial institution with more than nine branch offices within...more
Hogan Lovells pension group is delighted to send you our November e-newsletter. Featured are points to note regarding PPF contingent assets, new regulations related to IORP II and GMP equalisation. ...more
2019/20 is the second year of the Pension Protection Fund (PPF)'s third levy "triennium" under the new levy framework. ...more
In reviewing notable guaranty cases from 2017 while preparing this year’s updates and edits for CEB’s top-notch treatise, California Mortgages, Deeds of Trust, and Foreclosure Litigation, we came across an opinion that...more
Our Asia insurance regulatory tracker for the first quarter of 2018 is below. It includes updates on the introduction of an insurance levy in Hong Kong, a consultation on agency recruitment incentives in Singapore, and new...more
The New Year has started off with a bang as changes to the Community Infrastructure Levy (CIL) Regulations 2010 were laid before Parliament. The draft 2018 Regulations correct an unintended defect in the current...more
The Pension Protection Fund levy rules for 2018/19 have now been finalised, and schemes and sponsors should ensure that they understand any options they have to mitigate the levy they will pay. There is time to complete and...more
2018/19 is the first year of the Pension Protection Fund (PPF)'s third levy "triennium" under the new levy framework. Trustees who wish to reduce their pension scheme's risk-based levy by taking account of contingent...more
2017/18 is the third year in the Pension Protection Fund (PPF)'s levy "triennium" under the new levy framework. Trustees who wish to reduce their pension scheme's risk-based levy by taking account of contingent assets or...more
Current indications are that 2017 may be a fairly static year as regards to employment law. Whilst it is anticipated the government will trigger Article 50 to start Brexit negotiations, these are likely to last for at...more