Monthly Archives: July 2023
Wake up small: Judge Threatens Sanctions on Hunter Biden’s Legal Team
A federal judge Tuesday threatened to sanction Hunter Biden’s legal team over allegations a Latham & Watkins staff member lied to court officials to get a GOP filing removed. Continue on LegalAvocado.
Posted in Law Firms, Lawyers, Tax
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OECD Tax Policy Work Is Failing to Stem Tax Abuse, Report Argues
Governments worldwide are on track to lose $4.7 trillion to tax havens overall in the next decade if they keep following current rules, according to a new report. The London-based nonprofit Tax Justice Network’s 67-page report argues that global tax … Continue reading
Posted in OECD, Tax, Tax Justice
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French Business Laments ‘Plan’ to Delay Elimination of Key Tax on Production
The French government plans to delay by one year the elimination of a key tax on production to offset budget shortfalls. That has the new leader of the country’s biggest business group worried, according to reports. The government of French … Continue reading
Posted in France, Tax
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Eversheds Sutherland, King & Wood Mallesons Announce Partnership
Eversheds Sutherland’s international branch and Hong Kong-based King & Wood Mallesons’ China branch said they’re launching an exclusive partnership under which KWM China will close its UK, Europe, and Middle East offices. Under the agreement, KWM China will refer all … Continue reading
Posted in Law Firms, Lawyers
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“Touristic” French Towns Could Hike Tax on Airbnb-Type Housing As Much As 60%
About 3,700 French towns in touristic areas will have new tax tools starting this fall to apply to vacant secondary residences and furnished Airbnb-type short-term rentals. The French government this week published a pamphlet including 14 measures to help more … Continue reading
Posted in Tax
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Clifford Chance Beats $2 Billion Revenues For First Time
UK elite law firm Clifford Chance said its global revenues grew 5% to a record 2.062 billion pounds ($2.495 billion) in its financial year ending April 30. That’s its eighth-straight year of revenue growth and its first time over 2 … Continue reading
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Facing French Ire, Yale Economist Declines Key EU Antitrust Post
Yale economics professor Fiona Scott Morton, a tech lobbyist who earlier worked for the DOJ, won’t be working for Europe’s top antitrust regulator after all. Scott Morton, who served as chief economist of the Justice Department’s antitrust division from May 2011 … Continue reading
Posted in Antitrust, European Union
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France No. 1 Again for Labor Tax Load, Report Says
France is taking back its title as the EU member state with the heaviest tax load on the average wage earner, according to a report by the Institut Economique Molinari. The average French worker, with a tax load of 54.1%, … Continue reading
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Mastercard Hires Micron GC to Lead Legal Department
Mastercard named veteran tech in-house leader Rob Beard as chief legal officer, general counsel, and head of global policy. A former Big Law attorney, Beard arrives after nine years at semiconductor company Micron Technology, where he was recently general counsel … Continue reading
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French Slam Appointment of ex DOJ Official, Tech Lobbyist, as Chief Economist of EU Antitrust Regulator
France’s biggest business group MEDEF Monday joined the country’s government in urging the European Commission to reconsider its appointment of a former US Justice Department official to serve as chief economist for Brussels’ top antitrust regulator. The European Commission last … Continue reading
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