The Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 20-2020 dated 3 August 2020, amending RR No. 06-2013 in relation to RR No. 06-2008, governing the imposition of tax on the sale, barter, exchange or other disposition of shares of stock not traded through the local stock exchange.
The Supreme Court of Appeal in South Africa recently considered the concept of claims for reflective losses in South Africa, focusing on whether shareholders could hold directors liable, in terms of the Companies Act, 71 of 2008, for conduct which resulted in a decrease in the company’s share price. John Bell, Partner, Rui Lopes, Associate, and Nothando Mthimkhulu, Candidate Attorney, in the Dispute Resolution Practice at Baker McKenzie in Johannesburg, explain the details and outcome of this case.
COVID-19 represents one of the greatest ever shocks to our economies and, in consequence, to the business models…
Read publication We are pleased to share with you the August 2020 issue of the Global VAT/GST Newsletter, a publication of Baker McKenzie’s Tax Practice Group. We hope that this issue finds you, your families, and colleagues in good health. As countries continue the journey to recovery and businesses steadily…
The UK Government’s refusal to request an extension to the Brexit transition period, along with the outstanding issues…
The Doing Business in China guide provides an introduction to selected aspects relating to investment and business…
Welcome to the “BM for Startups” project by Baker McKenzie Prague The program is intended for startups in the area of IT and online services or new technologies – generally, for IT and technology startups. The purpose of this project is to give you, as the founders and operators of…
Welcome to our first Virtual Global Trade Conference, a virtual offering for all our clients and friends worldwide.…
ESG considerations have become part of the new normal in corporate strategies, business models and culture and their…
This series of ESG-focused thought leadership webinars will share insights and practical guidance for businesses considering what ESG means for them in the context of the current crisis and beyond. Date: 26 August 2020 Topic: ESG and the Supply Chain View recording Speakers: Jo Hewitt (Chair), Francesca Richmond, Ben Smith…