Companies that make imports in Brazil face many taxes to complete the process of importation. This generates huge costs to the imported products sold in the Brazilian market. Learn more about what taxes apply to imports.
This article explains Law no. 8,212/91, which sets forth labor accidents insurance tax rates.
Many Swiss operations of international groups benefit from special tax regimes. Switzerland will introduce significant changes to these special tax regimes in order to be compliant with international standards and to maintain its attractiveness as a location for international business. This article is addressed to tax directors of international groups with operations in Switzerland.
Mexico has many trusts that were created for foreigners to acquire and own real estate in the restricted zone (a strip of 50 kilometers – approximately 31 miles – along the coast, or 100 kilometers – approximately 62 miles – from the border). This article explains the process through which a foreigner names the person or persons who will replace him or her as trust beneficiary in the event of death.
This note contains a brief commentary on some of the main legal terms in international debt issues of or guaranteed by Ukraine. The objective is to analyse the degree to which these bonds are consistent with practice in the international capital markets and to weigh up the balance between the sovereign debtor and the bondholder creditors in terms of the rights and protections granted by the terms of the bonds. The main conclusion is that the bond issue legal terms seek to enhance stability for both Ukraine and the bondholders if there is a crisis.
This council has brought together experienced audit committee chairs from Fortune 500 companies with key shareholder representatives, regulators, and other stakeholders to discuss ways to strengthen corporate governance in general—and the work of the audit committee in particular.
The Spanish "REIT" was founded in October 2009 under the name of Sociedades Anónimas Cotizadas de Inversión en el Mercado Inmobiliario ("SOCIMI"). Its legal regime was set out in the Law 11/2009 of 26 October, which was subsequently amended by Law 16/2012 of 27 December to relax the legal requirements for their incorporation, remove the regulatory barriers and enhance the tax treatment applicable from 2009.
The aim of the RDL is to improve and clarify certain aspects of the rules governing outof-court protected refinancing arrangements and the so-called Spanish scheme or "homologación judicial" whilst trying to solve other inefficiencies of the legal regime applying to those refinancing arrangements that have arisen in practice. This is a preliminary review that we thought should be shared with you as soon as possible given the number of current debt restructurings that may be affected by its content.
Tax incentives granted at the federal level bolster the Brazilian economy. Those incentives apply to the oil and gas industry, in particular. Learn more about the Special Customs Regime of Export and Import of Goods destined to Exploration and Production of Oil and Natural Gas (“REPETRO”), which is one of the main incentives applicable to this industry.