Oil and gas exploration company, Tullow Oil, has lost a case in the Ugandan Tax Appeals Tribunal (TAT) over a disputed capital gains tax (CGT) assessment of almost $500 million. The tribunal questioned the legality of a CGT exemption granted by the country’s former energy minister.
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The postponement came after industry representatives flagged implementation issues with the registration regime; in other news, firms made key tax partner additions
IP lawyers, who say they are encouraging clients to build up ‘tariff resilience’, should treat the risks posed by recent orders as a core consideration in cross-border licensing
As Coca-Cola awaits a crucial 11th Circuit Court of Appeals decision this year, its multibillion-dollar tax dispute could have profound implications for investors, cash flow, and corporate transparency
The buyout of Hucke and Associates continues Ryan’s streak of firm acquisitions; in other news, a UK appeal against VAT on private school fees was dismissed