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The Impact of Corporate taxation on foreign direct investment

IP and Legal Filings

INTRODUCTION As per Gordon and Hines (2002), it is evident that tax policies can influence both the quantity and the geographical choices of foreign direct investment (FDI) because elevated tax rates diminish post-tax returns, consequently diminishing motivations to allocate investment capital.

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How much money is laundered in Colombia?

Olartemoure Blog

As part of the National Anti-Money Laundering Day on October 30th, the National Tax and Customs Authority (DIAN) and the Information and Financial Analysis Unit (UIAF) informed that proceeds from money laundering worth approximately USD 1.5 billion were seized by Colombian authorities in 2022.

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The Impact of Goods and Services Tax (GST), on Online Gaming and Horse Racing Taxation; Navigating through Turbulent Waters

IP and Legal Filings

Introduction The GST Council in the meeting conducted earlier this year, announced a raise in the taxation of Online Gaming and Horse racing from 18 percent tax slab to 28 percent tax on the “ face value”. Post amendment, its now being added in the third schedule impacting the tax amount yield.

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The Subway Famous American Fast Food Restaurant Writ Petition – Is taxation on Intellectual Property Rights Valid?

IP and Legal Filings

Subway, the famous American fast food restaurant, has recently taken the indirect tax department to court, alleging that it was forced to pay differential Goods and Services Tax (GST) on services without issuance of any such notice. The Income Tax Act of 1961 established the definition of royalty.

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The Corporate Transparency Act (Part 1): An Overview

LexBlog IP

On January 1, 2021, Congress enacted the Corporate Transparency Act (the “ CTA ”) as part of the Anti-Money Laundering Act of 2020 and its annual National Defense Authorization Act. This is the first article in a new series about the CTA. Which entities must file BOI reports under the CTA?

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The Corporate Transparency Act (Part 2): Exemptions from the Reporting Requirements

LexBlog IP

On January 1, 2021, Congress enacted the Corporate Transparency Act (the “ CTA ”) as part of the Anti-Money Laundering Act of 2020 and its annual National Defense Authorization Act. This is the second article in a new series about the CTA. person, (c) is beneficially owned or controlled exclusively by U.S.

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The Corporate Transparency Act (Part 1): An Overview

LexBlog IP

On January 1, 2021, Congress enacted the Corporate Transparency Act (the “ CTA ”) as part of the Anti-Money Laundering Act of 2020 and its annual National Defense Authorization Act. This is the first article in a new series about the CTA. Which entities must file reports under the CTA?