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Member Articles


IRS Admits to Destroying 30 Million Unprocessed Information Returns

Issue highlights another reason to file and make remittance payments electronically The Internal Revenue Service admitted it destroyed roughly 30 million unprocessed informational returns from the 2020 tax year. An aud ...

April NFT Litigation Roundup: NFTs Recognised by the English Courts as "Property", Developments in Hermès' Lawsuit, and More...

Welcome to our monthly NFT litigation roundup. As the rise of Non-Fungible Tokens (NFTs) continues to soar, so too do the questions, legal issues and disputes around them. When faced with such a high growth phenomenon, ...

COVID-19 Causes Event Cancellation and Triggers Policy Exclusion

An infectious disease exclusion clause in an event cancellation insurance policy was engaged in circumstances where a music festival was cancelled as a result of COVID-19. In Outback Music Festival Group Pty Ltd (former ...

A Landmark Verdict by Supreme Court of India on Re-Assessment Notices Issued Under Erstwhile Provisions of Indian Income-Tax Act to Be Considered as Issued Under New Provisions

Prior to Finance Act, 2021, Section 148 of the Indian Income-tax Act, 1961 (hereinafter referred to as ‘the Act’) dealt with issue of notice where income has escaped assessment within the timelines defined under Sect ...

The UK Expansion Worker Visa

As of 11 April 2022, the Global Business Mobility (GBM) routes have now replaced the Intra-Company Transfer (ICT) routes. Under the GBM routes, there are five main categories:  Senior or Specialist Worker route, rep ...

CBDT Notifies New Forms for Applying for Advance Ruling

Indian Central Board of Direct Taxes (‘CBDT’), vide notification 49/2022, notified new forms for applying for advance ruling. The form issued are Form No. 34C, 34D, 34DA, 34E, 34EA. The forms can be signed digitally. ...

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