On December 27 2012, a significant amendment to the tax and legal regime of the Spanish Real Estate Investment Trust (REIT), or SOCIMIs (Sociedades Anónimas Cotizadas de Inversión en el Mercado Inmobiliario), was approved by the Spanish Congress following a proposal by the Spanish government. Javier Hernández Galante and Javier Mateos, of Ashurst, explain why they are optimistic about the changes.
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The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe
Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films
Jaime Carey speaks about the benefits of his tax background, DEI values, the use of AI for a smarter legal practice, and other priorities that will define his presidency