The Italian insurance regulator, IVASS, recently issued new rules regarding complaints handling by insurance undertakings in compliance with the recently enacted European Insurance and Occupational Pensions Authority (EIOPA) guidelines. The new rules have been introduced as amendments to IVASS...
Approximately 10 years ago legislation was introduced in the various Australian states and territories which significantly changed the law regarding contribution between joint wrongdoers. Although there is some variation in the legislation, the concept of proportionate liability applies throughout...
During the past year there has been a fervent activity in the media sector. We set out below a brief update on two of the most controversial topics: the regulations for logical channel numbering (LCN) for Digital Terrestrial Broadcasting and the copyright infringement regulations in online and...
On July 19 2013, the Committee on Fiscal Affairs (CFA) of the OECD published its action plan to address base erosion and profit shifting (BEPS). The action plan follows from directives given to the CFA by the G20 group of countries to better address global corporate taxation and builds upon the...
Transfer pricing (what related companies charge each other for goods, services, financing or use of IP) has traditionally been a well-established source of tax planning opportunity for multi-national enterprises ("MNEs"), large and small. However, over the last year, transfer pricing has...