Changes to UK capital gains tax
Since April 2019, the new rules regarding capital gains tax have been implemented in UK. The intention of the implementation of new rules is to remove the advantage of non- UK residents who did not pay tax over the gains from the disposal of all their property in UK.
Increase of Property Rents in Cyprus: Permissible and Non-Permissible Limits
It has been many times that my clients have expressed the question as to when and how the rental amounts increase. This question is voiced by both Landlords and Tenants of real estate.
Costs incurred amending tax returns can be offset against estate tax
Heirs are obligated to amend or subsequently file the testator’s incomplete or missing tax returns.
Hengeler Mueller advises Tencent on further investment in N26
As part of an extended Series D Funding round, Tencent Holdings Ltd., one of the leading technology companies particularly in China, has increased its investment in N26 GmbH, a provider of mobile banking services. All previous investors from the Series D funding round in January 2019 have participated in this latest investment in N26.
Hengeler Mueller advises excellence group Berlin University Alliance
The Berlin University Alliance has qualified as a consortium for a funding in the Universities of Excellence competition of the German federal and state governments. With their joint proposal entitled "Crossing Boundaries toward an Integrated Research Environment", the four Berlin partners – Freie Universität Berlin, Humboldt-Universität zu Berlin, Technische Universität Berlin, and Charité – Universitätsmedizin …
Continue reading “Hengeler Mueller advises excellence group Berlin University Alliance”
Hengeler Mueller advises Accel on participation in further sennder funding round
Accel has, together with other co-investors, participated in the Series C funding round of the Berlin-based logistics startup company sennder. Accel had initially invested in the digital road-freight-forwarder as part of the Series B financing in spring.
Consultation announced on a proposed Medicinal Cannabis Scheme
The Ministry of Health (MOH) has announced it is consulting on a proposed Medicinal Cannabis Scheme.
Supreme Court rules that insurance reinstatement rights cannot be assigned
The Supreme Court in Xu v IAG New Zealand Ltd has ruled by a 3:2 majority that, under an IAG house insurance policy, homeowners cannot assign their right to reinstate to a subsequent purchaser of the house. Homeowners must undertake the reinstatement themselves, and if they do not, the right to claim the cost of …
Continue reading “Supreme Court rules that insurance reinstatement rights cannot be assigned”
AVELLUM advises GROUPE ATLANTIC on acquisition of one of SST Group’s businesses
AVELLUM acted as the Ukrainian legal counsel to GROUPE ATLANTIC, a leading French HVAC company, on the acquisition of SST Group’s electric underfloor heating and water leakage control systems business.
Consolidated Group (Income Tax) Rules, 2019
On 31 May 2019, Malta published the “Consolidated Group (Income Tax) Rules". The rules will come into force as from year of assessment 2020 and the rules introduce the concept of fiscal units into Maltese tax law.