On Wednesday, September 27, 2017 the Trump Administration and select members of the House Committee on Ways and Means and the Senate Committee on Finance released a unified framework (the “Framework”) to achieve comprehensive tax reform.

E-books, Audiobooks and E-papers to be subject to the reduced VAT rate of 2.5% with effect from 1 January 2018

Non-UK companies face penalties for errors made on their submissions for VAT refunds to the UK. HMRC take a much stricter line than most, if not all, other EU countries when it comes to errors and false submissions by non-established companies.

Fueled by growth in consumer spending, the retail industry is indeed thriving despite constant reports of store closings and mass layoffs.

As part of Governor Cuomo's commitment to protecting users of financial products and services, New York State's Department of Financial Services (NYDFS) has taken additional steps to address identified deficient practices and failures of consumer credit reporting agencies.

In light of Hurricanes Harvey and Irma, employers and their employees may be looking for ways to provide assistance to those within their organization affected by these devastating storms.

This week Majesty’s Revenue & Customs (HMRC), the U.K.’s tax authority, released key statistics related to the U.K. Diverted Profits Tax (DPT)[1] . DPT of £138m has been collected during the period from April 2015 (when the tax was introduced) to April 2017. Diageo announced in May this year that it would be paying £107m, but intends to challenge the assessment, so it is possible some of the amounts collected will be refunded. HMRC also estimates it collected £174m of additional corporation tax from behavioral changes – this figure will be a low estimate and will only accurately capture situations already under HMRC enquiry.

I’ve lived through both the highest highs and lowest lows of the IPO market since I first began working in Silicon Valley in the late 1990s. I’ve experienced both the manic days of the dot-com boom’s seemingly daily S-1 filings (remember Pets.com and Webvan?) and the darkest days of the Great Recession (and everything in between).

The inaugural A&M Activist Alert (AAA) introduced a data-driven approach to identifying European companies most likely to become targets of activist investors. Drawing on extensive analysis of public campaigns across Europe, the report highlights the growing influence of activism and examines the characteristics that make certain companies more vulnerable.

Data is the lifeblood of any modern organisation – it controls how we operate, how we make money and assists with driving competitive advantage within any industry. Even for the most traditional brick and mortar organisations, data is crucial in all forms: from intellectual property (IP) to a company’s most basic customer lists and staff records.

A&M’s dedicated medical cannabis tax team understands the unique needs of public and private cultivators and dispensaries, as well as the multistate and international tax issues and risks they face.

In the wake of a notable decrease of foreign direct investment (FDI) in the first half 2017 (down 5.43% year-on-year), the Chinese government is making tremendous efforts to encourage more foreign investment in China in the interest of sustainable long-term economic growth.

The Consumer Financial Protection Bureau (CFPB) recently announced the development and implementation of a supervision program focused directly on service providers – the National Information System Supervision Program (NISSP), which is a comprehensive examination program new to service providers in the financial services industry.

In March of this year HM Revenue & Customs (“HMRC”) published a consultation document in respect of non-resident companies who are chargeable to UK income tax and/or non-resident capital gains tax (“NRCGT”), particularly aimed at those owning UK property.

On July 27th, many industry groups experienced the thrill of victory while others, the agony of defeat, when the White House and top Republican lawmakers issued a joint statement announcing that the Border Adjustment Tax (affectionately referred to as the “BAT”) would no longer be included in future Republican-based proposals on tax reform.