News & Analysis as of

Multilateral Agreement

Hogan Lovells

UK Open Banking: PSR consultation response on Phase 1 expansion of Variable Recurring Payments

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The Payment Systems Regulator (PSR) has published a response to its December 2023 consultation (call for views) which set out initial proposals on how the PSR could support the expansion of Variable Recurring Payments (VRPs)...more

Holland & Knight LLP

New Multilateral Tax Treaty Implements the Subject to Tax Rule

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More than 135 jurisdictions since October 2021 have joined a groundbreaking plan to address certain tax challenges of the new digital and global economy. The plan consists of a Two-Pillar Solution to update key rules of the...more

Torres Trade Law, PLLC

Season 2 Episode 5- Defense Trade Down Under

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In this week’s episode, host Donald Pearce is joined by David Heasley, the Founder and Principal Solicitor of Australian law firm Heasley Lawyers, to discuss AUKUS, a deal announced in September 2021 between Australia, the...more

Holland & Knight LLP

Entra en vigor el Convenio Multilateral para Tratados Tributarios en México

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Se publicó en el Diario Oficial de la Federación (DOF) de México el decreto por el que se promulga el Convenio Multilateral para Implementar las Medidas Relacionadas con los Tratados Fiscales para Prevenir la Erosión de las...more

Holland & Knight LLP

Publicación del Convenio Multilateral para Tratados Tributarios en México

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México suscribió el Convenio Multilateral para Implementar las Medidas Relacionadas con los Tratados Internacionales Destinadas a Prevenir la Erosión de las Bases Imponibles y el Traslado de Beneficios (Multilateral...more

Holland & Knight LLP

Senado ratifica el Convenio Multilateral para Tratados Tributarios en México

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Las Comisiones Unidas de Relaciones Exteriores y de la Secretaría de Hacienda y Crédito Público del Senado de la República de México el 12 de octubre de 2022, aprobaron los Dictámenes relativos a la Convención Multilateral...more

Holland & Knight LLP

Ratificación del Convenio Multilateral para Tratados Tributarios en México

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Se programó una reunión de trabajo de las Comisiones Unidas de Relaciones Exteriores y de la Secretaria de Hacienda y Crédito Público de México el 6 de octubre de 2022, para la discusión y en su caso aprobación de los...more

Awatif Mohammad Shoqi Advocates & Legal...

All You Need to Know About Foreign Judgment Enforcement in the UAE

Foreign court judgments issued outside the UAE may be enforced in the UAE. These judgments may be enforced in the UAE on-shore courts either pursuant to: (a) the Civil Procedure Law; or (b) bilateral or multilateral treaty...more

Cadwalader, Wickersham & Taft LLP

Burlington Loan Management DAC: Treaty Shopping Provisions Did Not Apply

The UK’s First-tier Tribunal recently held that the payment of interest received by Burlington Loan Management DAC (“BLM”) (an Irish tax resident company) was not to be denied the benefits of the relief afforded under the...more

WilmerHale

Ukraine’s Reduction in Renewable Energy Feed-In Tariffs: A Preview of Coming Disputes

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To promote the production of clean energy, many countries have introduced incentives to encourage investment in the renewable energy sector. These incentives have often included feed-in tariffs (“FiTs”), which generally...more

Latham & Watkins LLP

Fifteen Asia-Pacific Countries Form a New Trading Bloc

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Accounting for 30% of the world’s population and 30% of global GDP, the bloc is larger than the European Union. As the United Kingdom continues to negotiate trade agreements with the European Union and other trading...more

A&O Shearman

Viewpoint: The Biden administration approach to investment arbitration? Retail multilateralism

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With the results of the U.S. presidential election announced last week, international lawyers are now looking closely at how the incoming Biden Administration will handle the many challenges facing the global legal order....more

Jones Day

COVID-19 and Investment Treaties: Balancing the Protection of Public Health and Economic Interests

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The Situation: Governments around the world are taking extraordinary measures to address the spread of COVID-19. Although many governments are attempting to strike a balance between the protection of public health and...more

King & Spalding

The UK and the WTO Post-Brexit

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I. INTRODUCTION - The World Trade Organization (WTO) and the treaty instruments that establish it and govern trading relations between its Members have – strangely – figured prominently in the run-up to the Brexit...more

Akin Gump Strauss Hauer & Feld LLP

Potential treaty claims against the United Kingdom, whatever the result of the General Election

With the UK General Election on 12 December 2019 only days away, both of the leading parties are promising policies that in different ways may impact inward investors into the UK. Whether this is the rapid Brexit promised by...more

Bennett Jones LLP

Tax Treaty Benefits Threatened as Canada Completes Ratification of OECD's Multilateral Instrument

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On August 29, 2019, Canada completed its domestic ratification of the OECD-sponsored Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI). As noted in our...more

Eversheds Sutherland (US) LLP

US companies testify supporting USTR investigation of France’s digital services tax, on which US and France may have reached a...

On July 10, 2019, the US Trade Representative (USTR) initiated an investigation under Section 301 of the Trade Act of 1974 (Trade Act) with respect to France’s new Digital Services Tax (DST) Act (LOI n° 2019-759 du 24 juillet...more

Hogan Lovells

U.S. - EU Trade Conflict multilateralism and the WTO

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The U.S. and the EU have been the leading forces behind the development of the multilateral trading systems from the GATT to the WTO. The WTO has the advantage of a global membership and a comprehensive reach, which, in spite...more

Sterne, Kessler, Goldstein & Fox P.L.L.C.

Global Patent Prosecution Newsletter - May 2019

A Snapshot and Strategic Use of the Patent Prosecution Highway (PPH) - The Patent Prosecution Highway (PPH) program accelerates examination among participating patent offices. As a no fee alternative for accelerated...more

Latham & Watkins LLP

Getting the Deal Through – Arbitration 2019, Hong Kong Chapter

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Multilateral conventions relating to arbitration - Is your jurisdiction a contracting state to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards? Since when has the Convention been in...more

Bennett Jones LLP

New Ratifications of the OECD's Multilateral Instrument Put Canadian Resource Holding Structures at Risk

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Tax-efficient holding structures commonly used by multinational enterprises and private equity firms investing in the Canadian resource sector could soon become subject to anti-treaty shopping measures contained in the...more

White & Case LLP

Belgian draft law ratifying the MLI: A new paradigm in international tax law

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On February 4th, 2019, the Belgian government released a draft law ratifying the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the "Convention") and the...more

Proskauer Rose LLP

UK Tax Round Up - December 2018

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UK Developments - Taxpayer succeeds in judicial review case against HMRC - On 22 November 2018, the Upper Tribunal published its decision on the judicial review case of R. (on the application of Vacation Rentals (UK)...more

Jones Day

TPP-11 Moving Forward

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Steven Okun, Governor and Chair of the TPP Task Force of the American Chamber of Commerce in Singapore ("AmCham") and Senior Advisor to McLarty Associates, discusses with Jones Day partner Darren Murphy the progress of the...more

Orrick, Herrington & Sutcliffe LLP

Google Ireland Limited does not have permanent establishment in France

The Paris administrative court ruled on July 12th, 2017, that Google Ireland Limited did not have to pay $1.3 billion in back taxes in France for the period 2005-2010. The Irish company Google Ireland Limited sells digital...more

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