By Akin Alcitepe, Offit Kurman
Most foreign governments require disputes with parties with which they have agreements to be litigated in their courts using their domestic law. Under certain circumstances, however, a company doing business with a foreign government may be able to bring its claim to a neutral international arbitration forum through the use of a Bilateral Investment Treaty (BIT) or a Multilateral Investment Treaty (MIT).
By Béla Kakuk, BPiON Services Ltd.
One of the most important objectives of the international taxation regime is to allocate taxation where profit and value is generated in order to guarantee trust over truthfulness of tax regimes and effective taxation sovereignty of local governments. The European Unions Anti-Tax Avoidance (ATAD) (2016/1164/EU) directive brought new rules preventing tax evasion and aggressive tax optimisation.
By CA Raghu Marwah & CA Anjali Kukreja,R.N. Marwah & Co LLP
India and United Kingdom (UK) have a strong bilateral investment relationship. Top five investors of UK include India whereas UK ranks on top of the G20 investors in India. There were rife speculations that political and economic uncertainty in UK over Brexit would deter Indian investments i.e. the Indian companies would hold back on UK expansion plans or at least defer opening new offices in UK. However, Indian investments have continued to show great confidence in UK and have grown very strongly amidst the ever changing political and economic scenario of UK.