A tax-free allowance introduced in 2017 to help people who wish to leave their family home to their loved ones is set to increase again next year – taking the total tax-free allowance for a couple to £1 million.
What is a taxable merger? A merger will be considered as a taxable merger if at least one of the parties involved in the merger is liable to taxation. What are the taxation risks associated with mergers and acquisitions? The applicable law in Cyprus in relation to taxation on mergers and acquisitions is the Income […]
What should insurance companies plan for when it comes to subrogation? And why is it better for insurance companies to get involved right away in investigating and pursuing a subrogation claim? Subrogation is based on principles of equity. This alone is a driving factor for why all property and casualty insurance companies have an interest […]
Following the Court of Justice of the European Community’s (CJEU) recent decision to support HMRC’s view in its case against the University of Cambridge, Sue Rathmell, VAT Director at MHA MacIntyre Hudson, comments that charities need to move quickly to assess the impact on their finances. “The decision of the CJEU in the case of […]
Eldon L. Looby is the Founder and Managing Attorney at Looby Law, PLLC (“LoobyLaw”), a virtual law firm. His practice is primarily focused in the areas of business law, litigation, eDiscovery, family and matrimonial law. Eldon’s clients consist of individuals, families and businesses ranging from solopreneur start-ups to SMEs (small and medium enterprises). Prior to […]
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