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Tax Exemptions Proposed Amendments

BCLP

REIT reform in the UK - further modernisation

BCLP on

The Government has announced a further series of proposed changes to the UK REIT rules as part of the wider review of the UK funds regime and published draft legislation. This third set of changes are earmarked for...more

ArentFox Schiff

Michigan Sales and Use Tax Acts Amendment Expands Tax Exemption for Industrial Processing

ArentFox Schiff on

On May 8, 2023, the Michigan Sales and Use Tax Acts were amended to allow an industrial processing tax exemption for property used for the production, manufacturing, or recycling of “aggregate” materials, which include common...more

Bennett Jones LLP

Freehold Mineral Owners in Saskatchewan May Face Changes in Process and Requirements

Bennett Jones LLP on

The Mineral Taxation Act, 1983 (Taxation Act) applies to approximately 40,000 freehold mineral titles in Saskatchewan....more

Holland & Knight LLP

Proyecto de ley de reforma tributaria presentado ante el Congreso en Colombia

Holland & Knight LLP on

On November 26, 2019, the presentation of the Tax Reform was made that would replace Law 1943 of 2018 (Financing Law) before the Congress of the Republic in Colombia. In the debate the text proposed for the bill was presented...more

Burr & Forman

Tax Reform Proposal Nixes Favorable Tax Treatment of Several Employee Benefits

Burr & Forman on

On November 3, 2017, House Ways and Means Committee Chairman Brody began the legislative consideration of Tax Reform by releasing an amendment (in the nature of a substitute) to the Tax Reform and Jobs Act (H.R. 1 hereinafter...more

Latham & Watkins LLP

Turkey: Amendments to PPP legislation on way

Latham & Watkins LLP on

The Republic of Turkey has been undergoing a largescale reform in the healthcare sector in the past decade, spearheaded by the Ministry of Health under its Health Transformation Program which was launched in 2003. The EUR 20...more

Dechert LLP

A UK home for private funds? HM Treasury consults on potential amendments to United Kingdom limited partnership legislation

Dechert LLP on

HM Treasury has published a consultation paper setting out proposed reforms to UK limited partnerships law with a focus on private fund structures (the “Consultation Paper”). The consultation includes a draft legislative...more

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