News

HOMS Solicitors Support Symptomatic Breast Service Unit, University Hospital Limerick

HOMS Solicitors supported and attended the Greenhills Hotel International Women’s Day Luncheon in aid of the Symptomatic Breast Service Unit, University Hospital Limerick on Sunday, 12th March 2017.

The Limerick Rotary Club and Soroptimist Club celebrated International Women’s Day by organising the charity luncheon. The theme was “Inspiring women”.

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Sit, Fung, Kwong & Shum acts for Lau

We acted for Mr. Joseph Lau, Luen-hung in the distribution of all the 74.99% shares in Chinese Estates Holdings Limited indirectly held under a discretionary trust founded by him. Chinese Estates is company listed on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 127) with market capitalisation of over HK$20 billion. After the distribution on 1 March 2017, Mr. Lau Ming Wai (the son of Mr. Joseph Lau) and Ms Chan Hoi Wan (the spouse of Mr. Joseph Lau), as trustee for her minor children Lau Chung-hok and Lau, Sau-wah, indirectly hold shares representing approximately 24.97% and 50.02% of the total issued share capital of Chinese Estates respectively.

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Mexicana Bimbo escala conflicto con Canal 13 y exige pago de US$65 millones

Ideal acusa que gastó $803.294.756 en contratos para mejorar reputación tras la emisión del programa de Contacto del canal ligado a Andrónico Luksic. El 9 de julio de 2013 la relación entre Ideal, filial del gigante Bimbo, y Canal 13 se quebró. La emisión del capítulo denominado “Alimentos saludables: ¿gato por liebre?” del programa Contacto cortó la relación entre ambos, y esta vez el conflicto volvió a escalar.

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Three Shutts Attorneys Recognized by DBR for Professional Excellence

The Daily Business Review recently recognized three Shutts & Bowen attorneys for their achievements in the legal profession. Partners Bowman Brown, Daniel Barsky and Daniel Benavides will be honored at the publication’s Professional Excellence awards event to be held on May 24 at the Rusty Pelican Miami.

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Tax treaties in Russia: 2016 updates

Russia has a quite extensive network of tax treaties, with the vast majority of tax treaties being conventions for elimination of double taxation with respect to taxes on income and on capital and the prevention of tax evasion and avoidance ( here and after – double tax treaties). As of January, 1 2017 Russia has 82 double tax treaties in force.

In 2016 Russia has strengthened its tax cooperation with Asian countries and made steps towards automatic exchange of information.

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What will the tax authorities learn?

Automatic Exchange of Financial Account Information among tax authorities worldwide applies to 2016 data 

Today, 108 jurisdictions, including many tax havens (the British Virgin Islands, the Cayman Islands, Gibraltar, Guernsey, the Isle of Man, Liechtenstein, Seychelles, etc.), participate in the automatic exchange of financial account information. The sharing of data on capital gains, account balances, income from the sale of financial instruments and data on the beneficial owners of passive entities (for the year 2016 already) will aid in the effective verification of income tax returns and improve tax transparency. Consequently, tax authorities will no longer have to rely only on spontaneous exchanges of data or journalists revealing secret information and causing scandals the likes of the Panama Papers. 

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Significant Changes to Irish Inheritance Tax Regime with effect from 25th December 2016: Dwelling House Relief

By Kevin Doughan, Holmes O’Malley Sexton Solicitors, Associate Solicitor, Wills and Probate Unit.

Introduction to Irish Inheritance Tax Regime

Irish inheritance and gift tax falls under the umbrella of Capital Acquisitions Tax (CAT). In Ireland CAT will arise if any of the following conditions are met:-

  1. a) The deceased/disponer is resident or ordinarily resident in Ireland
  2. b) The beneficiary is resident or ordinarily resident in Ireland
  3. c) The assets are situated in Ireland.
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Hall & Wilcox a finalist in two categories at the 2017 Australasian Law Award

Hall & Wilcox is delighted to be named a finalist in two categories at the 2017 Australasian Law Awards.

These are:

  • Law Firm of the Year (101-500 lawyers)
  • Law Firm Leader of the Year (>200 employees) – Tony Macvean
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Celebrating International Women’s Day

Sandra Egan, Partner, organised a HOMS Solicitors celebration for International Women’s Day on Wednesday 8th March 2017.

HOMS Solicitors' Celebration of International Women's Day

HOMS Solicitors’ Celebration of International Women’s Day

International Women’s Day is a global day celebrating the social, economic, cultural and political achievements of women. The global theme for International Women’s Day 2017 is #BeBoldforChange. Around the world, International Women’s Day can be an important catalyst and vehicle for driving greater change for women and moving closer to gender parity.

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PREFEITURA DE SÃO PAULO ADERE AO PROGRAMA EMPREENDA FÁCIL

A Prefeitura de São Paulo formalizou, no último dia 6, o lançamento do “Programa Empreenda Fácil”, cujo objetivo é facilitar a constituição e regularização de empresas no Município, organizando processos e reduzindo prazos e a burocracia.
Em sua maior parte, os procedimentos previstos no Programa serão efetuados por sistemas disponibilizados pela Prefeitura de São Paulo, suprimindo a necessidade de comparecimento dos empresários e representantes em diversas repartições públicas. Inicialmente o programa atenderá as empresas classificadas de “baixo risco”, consideradas como tal aquelas localizadas em edificações com área construída inferior a 1.500 m² ou instalados em área de até 500 m², que não demandem licenciamentos específicos. As empresas que tenham atividades econômicas classificadas de baixo risco, poderão obter a liberação de alvará automática, sem inspeção prévia.
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