Search Results for: multinational law firm
Google tax deal labelled ‘derisory’, as criticism grows
January 25th, 2016
An agreement for US firm Google to pay £130m in UK back taxes has been labelled as “derisory” and a “sweetheart deal” by critics. The payment covers money owed since 2005 and follows a six-year inquiry by Her Majesty’s ...
EU Hits McDonald’s With Full-Blown Tax Investigation
December 4th, 2015
U.S. fast-food chain’s Luxembourg unit has paid ‘virtually’ no corporation tax on profits since 2009 European Union regulators confirmed Thursday they have opened a full-blown probe into McDonald’s Corp.’s tax affairs in Luxembourg, warning that a tax deal granted ...
Facebook paid £4,327 corporation tax despite £35m staff bonuses
October 12th, 2015
Social networking firm paid average of £210,000 to staff in Britain, but overall loss in UK of £28.5m meant very little corporation tax was due Staff at Facebook’s UK arm took home an average of more than £210,000 last ...
South Korea’s third stage of the local legal industry liberalization
August 18th, 2015
Market liberalization keeps law firms on their toes As South Korea is set to enter the third stage of its opening of the local legal industry, the legal circle here remains split over the impact, with some viewing it ...
Banks face new legal action over forex manipulation
July 15th, 2015
After fines totalling many billions of pounds from UK and US regulators, a new threat is about to hit the major banks found guilty of manipulating the foreign exchange market. US lawyers are preparing multi-million-pound legal action – to ...
Germany, France Targeted as EU Chases Tax-Loophole Data
June 9th, 2015
The European Union stepped up a probe into tax loopholes for multinational companies, demanding details of specific agreements in 15 nations including euro-area heavyweights Germany, France and Italy. Regulators also issued an ultimatum to Poland and Estonia for failing ...
The Legal Market in Mexico: The Quandary of the Top Domestic Players
May 27th, 2015
These are exciting times in Mexico. There are seismic legal and economic changes underway as a result of President Enrique Peña Nieto’s “Pact for Mexico.” Top local law firms in Mexico City are focused on the most-effective ways to ...
Baker & McKenzie and FenXun Partners receive the first approval for a Joint Operation in the China (Shanghai) Free Trade Zone
April 17th, 2015
The Joint Operation provides clients of both firms with an unprecedented platform to serve their international and PRC legal needs Baker & McKenzie and FenXun Partners today became the first international and PRC law firms to enter into a ...
Baker & McKenzie is a winner at the Legal Community Finance & Tax Awards
March 31st, 2015
Baker & McKenzie was awarded as “Transfer Pricing Firm of the Year” at the Legal Community Finance & Tax Awards which took place in Milan on March 24, 2015. The award was assigned by an external jury made up ...
Eversheds global expansion sees Ian Gray appointed as first International Managing Partner
March 17th, 2015
Law firm Eversheds has announced the appointment of Ian Gray as the firm’s first International Managing Partner with executive responsibilities for its fast-growing international operations. Since 2008-09, the firm’s revenue from international offices has grown 41%. At the same ...
