In its rulings No. 5806/2023 and 6496/2022, both dated February 22, 2024, the Central Economic-Administrative Tribunal (TEAC) has changed its position regarding the deductibility in Corporate Tax of the remunerations of administrators who also have a special senior management employment relationship. The TEAC now aligns with the doctrine established by the Supreme Court (TS) through its recent rul…
Member Publications
As published in the September 2024 edition of Missouri Lawyers Weekly
Transactional legal work can result in legal malpractice claims when a lawyer fails to memorialize the client’s intent in a written document, whether it be a business contract, a trust, a will, or a pre-nuptial agreement. We have represented lawyers who were sued regarding their preparation of trust documents, pre-nuptial agree…
In the recent decision of Premier Aviation Holdings Pty Ltd v Mackay [2022] VSC 416, Premier Aviation Pty Ltd (Premier) sought relief in the form of a buyout of its shares on the basis that it was subjected to oppressive conduct by the majority shareholders, pursuant to section 232 of the Corporations Act 2001 (Cth). The Supreme Court of Victoria dismissed the proceedings.
Skytraders Pty Ltd (Sky…
From 26 October 2024 all employers will be required to proactively prevent sexual harassment in the workplace. This briefing note explains what the new rules are and what you need to do now to prepare.
The Worker Protection (Amendment of Equality Act 2010) Act 2023 (the new Act) comes into force on 26 October 2024, and introduces a new duty for employers to take reasonable steps to preven…
Earlier this year we started issuing a series of SKO Insiders on the Corporate Transparency Act, which requires most businesses to file a federal report with information about its “beneficial owners” and other details. Then, a federal District Court in Alabama found the CTA to be unconstitutional, but issued relief to only the members of the plaintiff trade association, National Small Business Un…
Employers across the U.S. can breathe a sigh of relief. A federal court in Dallas, Texas stopped the Federal Trade Commission’s Final Rule banning almost all non-competition agreements. The case is Ryan LLC v. Chamber of the United States of America et al. (N.D. Tex., Case No. 3:24-cv-00986-E; Documents 211 [opinion] and 212 [final judgment]). Although an appeal by the FTC is likely, employers can…
The Government’s new Bill will give the Privacy Commissioner sweeping new powers regarding Privacy Act non-compliance and the power to impose new, increased penalties for breaches of the Act and the Australian Privacy Principles. Currently, the Privacy Commissioner’s enforcement powers are limited. When the Bill comes into force, that will change.
Finally, the Federal Attorney General Mark Dreyfu…
As the summer heat fades and leaves begin to fall, so, too, does the Securities and Exchange Commission’s regulatory momentum—at least for now. With the presidential election on the horizon, the fate of several key rulemaking efforts remains in limbo. In this Snapshot, we explore the current state of several SEC initiatives, including its hotly-contested climate disclosure rules, human capital man…
Tiefenbacher would like to inform you about a recent decision of the Berlin-Brandenburg Regional Labor Court (judgment of 02.07.2024 - 19 Sa 1150/23), which is likely to be of considerable practical importance for most employers and will help to clarify the drafting of fixed-term employment contracts.
I. Appropriateness of the Probationary Period
In order to implement the European "Directive on …
On 17 September 2024, the Schoof cabinet submitted the Tax Plan 2025 package to the House of Representatives. This Tax Alert discusses the most important proposed measures in more detail.
This package contains several proposals that have already been expected, which we have written about before. A striking feature is the proposal that several legislative amendments will be reversed and that vario…