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BEXity has sold the Czech subsidiary EC Logistics

12 May 2020 by Binder Grösswang

Binder Grösswang advised BEXity, market leader for cross-border transport and logistics services in the Austrian market and its holding company Mutares SE & Co. KGaA in the sale of its Czech subsidiary European Contract Logistics (EC Logistics) in a management buy-out to the CEO of EC Logistics Roman Goerojo.

News & Analysis

Mijares, Angoitia, Cortés y Fuentes is proud to announce that two new partners leading a team of experts in the tax controversy, consulting and litigation practice have joined the Firm

01 May 2020 by Mijares Angoitia Cortés & Fuentes

Mijares, Angoitia, Cortés y Fuentes is proud to announce that two new partners leading a team of experts in the tax controversy, consulting and litigation practice have joined the Firm

News & Analysis

The Novel Coronavirus (COVID-19) Guidance Document ALGERIA

24 April 2020 by Matouk Bassiouny in association with SH-Avocats

COVID-19 Outbreak and Preventive Measures in Algeria

News & Analysis

Renewal of the governance of the law firm Arendt & Medernach

06 April 2020 by Arendt & Medernach

Renewal of the governance of the law firm Arendt & Medernach

News & Analysis

An overview on private mergers and acquisitions in Hong Kong

03 April 2020 by Rossana Chu, Jacky Chan

An overview on private mergers and acquisitions in Hong Kong

News & Analysis

Law of 25 March 2020 establishing a central data retrieval system for bank, payment accounts and safe-deposit boxes

01 April 2020 by Arendt & Medernach

The law of 25 March 2020 establishing a central data retrieval system concerning IBAN accounts and safe-deposit boxes entered into force on 30 March 2020 (the “Central Register Law”).

News & Analysis

New legislation to be introduced to address the mismatch in respect of the taxation of foreign dividends received by REITs: A disincentive for REITs to invest offshore?

16 March 2020 by Cliffe Dekker Hofmeyr

In essence, real estate investment trusts (REITs) are treated as conduits through which the income they derive, flows to their shareholders. The main advantage of a REIT is therefore that a deduction of the distribution made by the REIT to its shareholders may be claimed against its income provided that it is a qualifying distribution. By nature, REITs distribute most of their income to their shareholders and will usually pay little or no income tax on the distributions, instead shareholders will be liable to pay income tax on the distributions received from REITs. REITs are, however, taxed on the taxable income they retain at the standard corporate tax rate.

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