The Budget 2015 contains several significant proposals to amend the Income Tax Act while also providing updates on previously announced tax measures and polices. Here are some highlights.
International Sanctions: Forewarned is forearmed
October 14, 2015
According to the UK-based CCP Research Foundation, the legal cost of litigation since 2010 at the 16 biggest global banks has broken the US$300 billion barrier.
Mayer Brown JSM’s association with Jingtian & Gongcheng
October 14, 2015
Mayer Brown JSM intends to form an association with the Hong Kong office of Jingtian & Gongcheng (Jingtian), which will be established upon the receipt of regulatory approval from the …
Mayer Brown JSM’s association with Jingtian & Gongcheng
October 14, 2015
Mayer Brown JSM intends to form an association with the Hong Kong office of Jingtian & Gongcheng (Jingtian), which will be established upon the receipt of regulatory approval from the …
Anti-trust compliance in exercising patent rights (Part 2)
October 9, 2015
In the previous article, we discussed patent pooling and related issues, such as competitive or unnecessary patents in the pool, exchanging sensitive information, and restricting a patentee’s …
Multiple lenders = multiple stamping
October 9, 2015
On August 11, 2015 the division bench of the Supreme Court of India overturned a full bench decision of the Gujarat High Court in the matter of Coastal Gujarat Power Limited v. Chief Controlling Revenue Authority….
Establishing a presence from abroad
October 9, 2015
The most common option for an overseas company as a foreign investor to establish a presence in Indonesia is by setting up a limited liability company (Perseroan Terbatas or PT) with foreign ownership …
A new strata regime
October 9, 2015
Introduction The Strata Management Act 2013 (the Act) which came into force on June 1, 2015 repeals the Building and Common Property (Maintenance and Management) Act 2007. The implementation of the …
Risk of issuing a warning letter to customers of an alleged patent infringer
October 9, 2015
Issuance of a cease and desist letter is usually recognised as the first step to be taken by a patentee against an alleged infringer in a patent infringement dispute in Korea. A warning letter to an alleged infringer …
UAE Insurance Authority Report review
October 9, 2015
The UAE Insurance Authority has recently released its Annual Statistical Report for the Insurance Sector in the United Arab Emirates for 2014. The report provides a comprehensive overview of the (re) …
Relaxation of restrictions on share transfer by the founding shareholders under the new enterprise law of Vietnam
October 9, 2015
One of the notable points of the new law on enterprises, dated November 26, 2014 (Law on Enterprise 2014), is the relaxation of restrictions on the founding shareholders’ ordinary shares during the …
