When might turnover rent be relevant? Entering into a commercial lease has always been a significant financial commitment by a tenant for a fixed period with no guarantee of trade and/or profit. Over the last number of years landlords have had signi...

Reconsidered employment related Government measures The Government modified the previously introduced wage subsidies: wage subsidies for researcher and developer employees and short-time allowance can be applied for on more favourable terms, the app...

The Government introduced tax reliefs and extended deadlines The Government decided on the tax reliefs previously announced, postponing the deadlines in connection with the annual report to 30 September. The payment of health services contribution b...

Whilst each case will ultimately need to be assessed on its merits, we have set out below what we consider to be the key factors for all UAE creditors to take into account when deciding whether to start the enforcement process in India. These factor...

A number of measures have been introduced in Ireland in recent weeks in light of the impact of the Covid-19 pandemic. Irish Revenue has also published a number of welcome guidelines and confirmations in an attempt to mitigate any detrimental effects...

Coronavirus restrictions are causing significant ongoing disruption and difficulties for employers, pension trustees, administrators and providers. To assist our clients during these unprecedented times, we are introducing a weekly pensions clinic. ...

Judicial recess in Jordan usually takes place annually during the months of July and August however due to the worldwide COVID-19 pandemic, the Jordanian Judicial Council (“JJC”) and the Jordanian Bar Association (“JBA”) anno...

The COVID-19 pandemic and the associated "lockdown" poses completely new challenges for Swiss companies. This concerns, among other things, the numerous upcoming annual general meetings, which are usually held between April and June. According to th...

Eversheds Sutherland El Heni is the only law firm in Tunisia that has been nominated top tier in all  practice areas Foreign Firm, Banking & Finance, Commercial/Corporate/M&A by international independent law firm directory, The Legal 50...

Chambers & Partners, an independent editorial and research team recently published the latest editions of Chambers Global and Chambers Europe legal guides. We are proud to announce that Eversheds Sutherland Ots & Co has again been highly...

The coronavirus pandemic has put health systems, workplaces and the economy under enormous strain. At the same time, employers are looking ahead in the expectation that the Government will permit them to gradually lift their containment measures wit...

Two recent cases demonstrate the efficacy of existing restructuring regimes under Irish company law and more particularly that the Courts in Ireland are receptive and efficient in approving and implementing large multi-jurisdictional restructuring s...

Eversheds Sutherland has announced two changes to its senior management team in Germany. The global law firm has appointed Dr. Alexander Niethammer as new Managing Partner of its German office, while Hamburg-based Partner, Dr. Carola Rathke, takes u...

Eversheds Sutherland is pleased to announce the appointment of a new Partner in the fields of data protection and IT law. As an attorney and 2012 certified Senior Project Manager IPMA Level B, Markus Naef advises companies on legal safeguards and ex...

We acted as legal advisor when the shareholders of Oy Basso Media Ltd. sold all shares of Oy Basso Media Ltd. to Bauer Media Holding Oy. Other financial arrangements were also carried out in connection with the transaction. Basso Media will continue...

On 28 April 2020, the Russian President issued Decree No. 294 On Prolonging Measures To Ensure Sanitary and Epidemiological Wellbeing of the Population in the Russian Federation due to the Spread of the Novel Coronavirus (COVID-19). The following da...

Welcome to this special COVID-19 edition of our quarterly Global Employment and Labor Law Update which you can find HERE Please do not hesitate to contact us if you wish to find out more....

Late last December, the FCA issued a Call for Input (CFI)[1] to explore the opportunities and risks arising from Open Finance. Comments are due by Tuesday 17 March 2020 – don’t miss your chance to ha...

The FCA has published information on its expectations of general insurance firms in relation to their treatment of consumers during the coronavirus (Covid-19) pandemic. The FCA has also published information for consumers on what they sho...

The FCA has published information on its expectations of general insurance firms in relation to their treatment of consumers during the coronavirus (Covid-19) pandemic. The FCA has also published information for consumers on what they sho...

Summary In this case certain E&Y entities based in London were ordered to pay USD10.8 million for loss of earnings to a whistleblowing former auditor employed by an E&Y entity that was not based in the UK and not party to the proceedings. Th...

As part of the State opening of Parliament, the Queen today set out the government’s plans for legislation over the course of the new parliamentary session.  Disappointingly, however, the Queen’s Speech contained...

By Fan Lulu and Boy Luethje HONOLULU (July 31, 2019)—With more than 800 million Internet users, China has become the global leader in e-commerce—the buying and selling of products and services online. Taobao (roughly “treasure hunt” in English) is the leading Chinese online shopping and e-commerce website, founded by the Alibaba Group. As of 2018, more than 580 million active users visited Taobao and its sister website Tmall every month.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

By Charles E. Morrison and Mark Nuttall HONOLULU (September 27, 2019)—In the summer of 2019, Greenland received considerable media attention for two developments: Its large ice sheet saw record rates of surface melt with potentially devastating impacts on the oceans, and Donald Trump suggested that the United States should look into buying the island from Denmark. Both illustrate key features of the changing Arctic—the amplified impact of climate change and concerns over the return of geostrategic competition after a post-Cold War period of international circumpolar cooperation.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

By East-West Center HONOLULU (October 4, 2019)—President Donald Trump first laid out a vision for a “free and open Indo-Pacific” at the November 2017 Asia-Pacific Economic Cooperation (APEC) Summit in Vietnam. From the start, statements describing the emerging US Indo-Pacific strategy have recognized the central role of Southeast Asia. The US approach to the Indo-Pacific focuses on three vital areas: enhancing shared prosperity, championing good governance and civil society, and ensuring a peaceful and secure regional order. Two recent visitors to the East-West Center described the potential role of the 10-member Association of Southeast Asian Nations (ASEAN) in the US Indo-Pacific strategy and spelled out several steps that the United States needs to take to strengthen US-ASEAN...

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

By Abby G. Frazier and Laura Brewington HONOLULU (November 11, 2019)—Of all the earth’s environments, alpine regions are arguably the most vulnerable to climate change. This is especially true for alpine areas on islands. Island ecosystems are also particularly vulnerable to damage from human activity and the invasion of alien species due to their isolated and limited land areas.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

By East-West Center HONOLULU (March 27, 2020)—Population aging is affecting countries all across Asia. This ongoing demographic transition will leave many of the region’s economies increasingly dependent on an aging, and eventually a shrinking, workforce. Economists disagree, however, on whether population aging will necessarily lead to a slowdown in economic growth.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

By James H. Spencer, Sumeet Saksena, and Jefferson Fox HONOLULU (1 April 2020)—The current COVID-19 pandemic, which started in Wuhan, China, underscores what the public health community has warned about for more than two decades—the risk of viral diseases capable of spreading from animal to human hosts. The first outbreaks of “bird flu” (highly pathogenic avian influenza―HPAI, subtype H5N1) raised similar concerns 20 years ago―concerns that have persisted with the outbreak of SARS in 2002–2004 and COVID-19 today. New outbreaks of avian influenza are also still occurring in poultry and humans, primarily in Asia but also in other parts of the world.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

By Lora Saalman HONOLULU (14 April 2020)—Artificial intelligence (AI) is an increasingly important component of weapons systems, with both positive and negative implications for nuclear deterrence. Integration of AI into military platforms has the potential to allow weaker nuclear-armed states to reset the imbalance of power, but at the same time it exacerbates fears that stronger states may further solidify their dominance and engage in more provocative actions.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

By Andrew Mason, Sang-Hyop Lee, and Donghyun Park HONOLULU (8 May 2020)—Elderly populations in Asia are expanding more quickly than other age groups. Low fertility rates result in fewer children and eventually fewer working-age adults, while elderly populations are living longer.

This is a summary only. Click the title for the full article, or visit www.EastWestCenter.org/Research-Wire for more.

With the delivery of the Medium Term Budget Policy Statement on 30 October 2019, updated and amended draft tax bills have been released highlighting the latest proposed amendments to the relevant tax acts.  The amended bills contain the le...

  What’s new? On 20 December 2019, HMRC published an updated version of its guidance on the taxation of cryptoassets for individuals. The guidance was updated to include a new section in respect of the location (situs) of exchange tokens ...

Given the development of the COVID-19 situation, it was anticipated that the UK government Budget would have a very different focus than originally expected. Trailed as the showcase fiscal policy event of the new Conservative government, it was alw...

  German Finance Ministry Offers Protective Shield and Other Special Tax MeasuresMarch 13, 2020 The German Finance Ministry announced an unlimited protective shield for all companies in Germany. Pro...

The UK government announced at the March Budget that they intend to introduce a requirement for large businesses to notify HMRC where they adopt an “uncertain tax treatment”.  The proposal is designed to improve HMRC’s ability...

Corona tax deferrals in the light of the applicable law Since the publication of the guideline from the German Federal Ministry of Finance ("Bundesfinanzministerium", BMF) published 19 March 2020 (cf. our ...

In order to help in the fight against COVID-19, the European Commission has adopted a Decision, addressed to the Member States, which allows for tax authorities across Europe to offer import tax reliefs to importers of personal protective equipment ...

In the midst of the current COVID-19 pandemic, businesses have been faced with a series of international tax questions on residence, permanent establishments and taxing rights of employee income. The general ambiguity of some of these tests does not...

No support in the Corona crisis... The measures already initiated by the German Federal Government and the EU Commission to support and secure liquidity in the Corona crisis are focused on the industries directly affected by Corona/ COVID 19. They ...

Where do I lay my hat? Tax residence and permanent establishments in the time of Covid-19 Read the article here > This article was first published in Taxation on 9 April 2020....

German-Luxembourg cross-border commuters Luxembourg and Germany have concluded a mutual agreement (Verständigungsvereinbarung) for Covid 19 related home office activities (für Corona bedingte Home Office Tätigkeiten) on 3 April 2020,...

In line with the Federal Ministry of Finance's press release dated 3 April 2020, Germany and Austria have concluded a mutual agreement for Covid 19-related home office activities on 15 April 2020, which relates to the application of the Double Tax ...

Relief through extension of filing deadlines for employers in the Corona crisis In a letter dated 23 April 2020, the Federal Ministry of Finance has provided tax relief by extending the filing deadlines for preliminary wage tax returns (Lohnsteuer-A...