United States: Freedom From Religion Foundation: 7th Circuit Reminds That Standing Is Every Plaintiff’s Cross To Bear

There is something to be said for not paying your taxes. At least, that is one lesson that the plaintiffs may have learned from the Seventh Circuit’s opinion last Thursday in Freedom from Religion Foundation, Inc. v. Lew, No. 14-1152 (7th Cir. Nov. 13, 2014).

A Wisconsin group of agnostics and atheists, Freedom from Religion Foundation (FFRF), and its two co-presidents, filed suit challenging the constitutionality of the Internal Revenue Code’s “parsonage exemption” (located at […]

By |November 19th, 2014|

Jersey: The Importance Of Inward Investment Planning

The UK is Europe’s top destination for foreign investment. It attracted $62bn in Foreign Direct Investment (FDI) in 2012. Moreover, 2013 was another successful year for the UK’s Global Entrepreneur Programme, which since its formation eight years ago has seen approximately £1bn of venture capital raised by entrepreneurs looking to take advantage of the UK’s strong and open business environment.

There are significant tax issues for inward investors to consider such as transfer pricing rules, […]

By |November 19th, 2014|

Canada: BC Unveils The Liquefied Natural Gas Income Tax Act – Significant Issues And Uncertainty

On October 21, 2014, the Liquefied Natural Gas Income Tax Act (the “Bill”) was introduced into British Columbia’s Legislative Assembly. The Bill reflects the culmination of the Province’s goal to introduce an LNG tax framework which was initially unveiled in February 2014. The introduction of the Bill is the most significant step taken to date in the B.C. Government’s effort to create a tax framework for the province’s LNG sector.

The primary purpose of the […]

By |November 18th, 2014|