In this post, Jack Prytherch, Of Counsel in the Tax team at CMS, previews the decision awaited from the Supreme Court in Commissioners for His Majesty’s Revenue and Customs v Vermilion Holdings Limited. The appeal was heard by the Supreme Court on 7 February 2023.

The Supreme Court was asked to consider whether the grant of an option to acquire share capital in the appellant (“VHL”) to one of its directors should be treated as an employment-related securities option for the purposes of section 471 of the Income Tax (Earnings and Pensions) Act 2003 (“ITEPA”),

On appeal from [2021] EWCA Civ 21

This appeal is concerned with the validity of a provision in a lease which allows the landlord to revise the proportion of the overall costs of maintaining the wider estate that a leaseholder should pay by way of a service charge.

The dispute related to long leases of residential flats in a block in Southsea, Hampshire. The leaseholders were required to pay service charges towards the overall costs incurred by the landlord in maintaining the building and wider estate. Each lease provided that the leaseholder was to pay a specific percentage of the

On August 4, 2022, the US Department of Homeland Security (DHS), as the Chair of the Forced Labor Enforcement Task Force (FLETF), formally published the Uyghur Forced Labor Prevention Act (UFLPA) Entity List. The Entity list is a consolidated register of the four lists required to be developed and maintained pursuant to Section 2(d)(2)(B) of the UFLPA. DHS also released details on seeking changes to the UFLPA Entity List, including requests for removal from the list.

For our previous blog entries on the UFLPA and its implementation, see posts here, here, here, here, here and here.

UFLPA requires the Commissioner

In this post, Tobias Seger, an Associate at CMS, comments on the Supreme Court’s decision in Guest v Guest [2022] UKSC 27, handed down by the Supreme Court on 19 October 2022. This case concerns the proper approach to granting relief under the doctrine of proprietary estoppel.

background

““One day my son, all this will be yours” Spoken by a farmer to his son when in his teens and repeated for many years thereafter.” This is Lord Briggs introduction to his judgment in Guest v Guest and this also summarizes the facts at issue. As a result of

Images are eerily evocative of the Jan. 6, 2021, attack on the US Capitol came out of Brazil as thousands of supporters of former President Jair Bolsonaro stormed government buildings in the capital of Brasilia on Sunday. According to The New York Timesprotesters breached Brazil’s Congress, presidential offices, and Supreme Court believing Bolsonaro’s baseless claims that the recent presidential election was stolen from him.

Hours later, authorities reported that the military police had regained control of Brasilia’s Three Powers Square, where the Presidential Palace, Congress, and the Supreme Court were located. Police

IN BRIEF

the Public Well being (Additional Extension of Declared Public Well being Emergency—COVID-19) Regulation (No. 2) 2022 was applied solely final week. Nonetheless, the Premier has circled on that announcement and has introduced a few of Queensland’s final remaining COVID-19 restrictions will probably be lifted from 1am, 30 June 2022.

Abstract

Starting this Thursday, Queenslanders will now not require COVID vaccinations to go to aged care amenities, incapacity lodging and correctional amenities.

The Premier has additionally introduced that the high-risk employee vaccine mandate would even be revoked in colleges, early childhood training, outdoors college care, kindergartens, household day care,

The Central Financial institution of Bahrain (the “CBB”) issued amendments to the CBB Rulebook Quantity 5 (Kind 3: Financing Corporations) on 8 February 2022, to primarily incorporate modern enterprise fashions for financing client merchandise inside its scope as a part of short-term financing actions in an effort to maintain tempo with trade evolution and client calls for for monetary companies.

A brand new type of firm can be permitted to enter the market of on-line retail platforms within the type of “Purchase