India: Bombay High Court Holds Sodexo Meal Vouchers To Be Goods For Purpose Of Octroi And LBT

The Hon’ble High Court of Bombay vide its judgment rendered in the matter of Sodexo SVC India Private Limited vs The State of Maharashtra and Ors., Writ Petition Nos. 5653 of 2010 and 7503 of 2013 on March 20, 2015 has rejected the writ petition filed by Petitioner and held that Sodexo Meal Vouchers are goods within the meaning of the Maharashtra Municipal Corporations Act 1949, as against the Petitioner’s contention that said meal […]

By |May 7th, 2015|

United States: Reporting Audit Changes – New York City Amends Provision On Apportionment

On April 13, 2015, Governor Andrew Cuomo signed into law two bills related to the 2015-2016 budget (S2009-B/A3009-B and S4610-A/A6721-A) (Budget Bill), containing several significant “technical corrections” to the New York State corporate income tax reform enacted in 2014, along with sales tax provisions and amendments to reform New York City’s (the City’s) General Corporation tax.  For additional information regarding these changes see our Special Report.

One of the less-publicized changes to the New York […]

By |May 7th, 2015|

UK: Post-Election Planning | The Only Thing That Is Constant Is Change

Anyone following UK politics or tax policy would be well advised to remind themselves of Heraclitus’ insight. As we contemplate what many are understandably terming the most important election in decades, let us take a moment to take stock of the possible implications for us, our clients and the country – and, crucially, what, if anything, we should be doing or preparing to do around this.
What might be in store for non-doms?
Before looking at […]

By |May 6th, 2015|