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Seward & Kissel LLP

July 2022 U.S. Federal Income Tax Updates

Seward & Kissel LLP on

This Memorandum highlights several important U.S. federal income tax developments in the summer of 2022, including: (i) the Supreme Court agreeing to hear an FBAR penalty case, (ii) the Internal Revenue Service (“IRS”)...more

Morgan Lewis

Update: Russia Adopts Basic Framework of Eurobonds Replacement, Eases Rules on Repatriation, but Requires Direct Repayment to...

Morgan Lewis on

Russian Decree No. 430 was signed on July 5, establishing a basic framework for the replacement of Eurobonds with Russian bonds. The Decree also confirms that debts owed to Russian participants of international syndicates of...more

White & Case LLP

Africa Focus: Autumn 2020 - International project finance and currency reforms in West and Central Africa

White & Case LLP on

Harmonizing business laws, a revised foreign exchange regulation and introducing a new currency. Currency is a hot topic in West and Central Africa, in both the Economic and Monetary Community of Central Africa (EMCCA, or...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

The Times’ tech guru—Farhad Manjoo—gets all indignant regarding the Equifax breach. Namely, if Equifax can’t handle its one job of safeguarding personal info, should it really be allowed to keep going at all now?...more

Ballard Spahr LLP

China's Stringent New Rules on Yuan Transfers Could Hinder EB-5 Fundraising

Ballard Spahr LLP on

The Chinese government has enacted new rules severely limiting foreign currency transfers out of China. The scope of the limitations are not clear but the Xinhua News Agency reported that Chinese banks advised their customers...more

Zelle  LLP

Argentina’s New Leadership and How it Affects Insurance

Zelle LLP on

Following last year’s elections, the political and economic landscape is changing in Argentina. Where new economic opportunities arise, (re)insurance follows. Along with new demand for commercial insurance products, the legal...more

Morrison & Foerster LLP

Recent China Development – Outbound Investment in Renminbi

BACKGROUND - Due to the recent strong desire to convert Renminbi (“RMB”) funds into foreign currency and remit foreign currency amounts outside of China (“China” or the “PRC”, which excludes Hong Kong, Macau and Taiwan...more

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