Search Results for: multinational law firm
The ECB’s financial suttee
March 22nd, 2021
The European Commission is failing. Its response to Brexit and the pandemic, where it is now threatening emergency powers in order to secure vaccines is a latest throw of the political dice. Even before this development markets were getting ...
EU’s tax irregularities attract international attention
February 25th, 2021
Le Monde’s recent “OpenLux” revelations show that Luxembourg fails to act fairly within the European Union by offering low tax rates to corporates – underscoring the flaw of an unharmonised EU system, according to Jay Sanghrajka, partner at Price ...
Major tech corporations face multi-billion-euro cases for alleged GDPR breaches
August 17th, 2020
Two multinational data processing firms are facing legal action that could amount to billions of euros for alleged breaches of the EU’s General Data Protection Regulation (GDPR). The Privacy Collective, a non-profit Foundation that pursues claims for violations of ...
Why has the European Commission not investigated Lux Leaks tax deals?
February 18th, 2019
Almost five years ago, the International Consortium of Investigative Journalists published its Lux Leaks investigation, exposing how some of the world’s largest corporations cycled billions of dollars through Luxembourg so as to avoid paying huge amounts of tax — ...
European Commission finds Luxembourg gave illegal tax benefits
June 28th, 2018
The European Commission has found that Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits for about a decade. This is illegal under EU State aid rules because it gives Engie an undue ...
Update: European shares fall; Pan-European STOXX 600 and Germany’s trade-sensitive DAX were down
June 28th, 2018
Trade tensions and political concerns again weighed on European shares on Thursday as investors positioned for a potentially divisive European Union summit. Having clawed back some ground on Wednesday, the pan-European STOXX 600 and Germany’s trade-sensitive DAX were down ...
Accountancy giant Deloitte hit by cyber attack
September 26th, 2017
One of the world’s biggest accountancy firms had been targeted by a sophisticated cyber attack that has compromised the confidential emails of some of its blue-chip clients. Deloitte is one of the ‘big four’ global accountancy firms and one ...
Dentons Boekel launches Tax practice with recruitment of a team from Baker McKenzie
August 23rd, 2017
Dentons Boekel announced today the launch of its Tax practice in the Netherlands with the recruitment of four partners. Jurjen Bevers, Paul Halprin, Heico Reinoud and Marnix Veldhuijzen have joined the Amsterdam office from Baker McKenzie. Wendela Raas, Netherlands ...
Sullivan & Cromwell to open Brussels office with antitrust hire
May 22nd, 2017
Sullivan & Cromwell, the US corporate law firm, has poached a senior European competition lawyer to open its first new office in nearly two decades based in Brussels. Michael Rosenthal is joining S & C as partner to work ...
Smirnoff owner Diageo to pay HMRC £107m in ‘Google tax’ crackdown
May 12th, 2017
Drinks company will challenge HMRC claim for tax and interest over ‘diverted profits’ Diageo, the drinks company behind Johnnie Walker, Smirnoff and Guinness, is to pay HMRC £107m under the “Google tax” crackdown aimed at multinationals. The FTSE 100 ...
