The Canadian Federal Budget 2024 proposes to broaden the scope of certain powers allowing CRA to request information from taxpayers, and sets out new consequences for non-compliant taxpayers.

The alternative minimum tax is an additional income tax imposed under the Income Tax Act on individuals and certain trusts who would otherwise be able to reduce their ordinary Canadian federal income tax through the use of certain deductions, exemptions or credits.

The Canadian Federal Budget 2024 provides additional details on the $10 million exemption from taxation on capital gains realized on the sale of a business to an Employee Ownership Trust.

The highly anticipated 2024 Canadian federal budget was tabled by Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland on Tuesday, April 16.

Please join us for the third program of our 2024 Consumer markets webinar series, where we will discuss the growing trend of extended producer responsibility (EPR) laws and regulations.

On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.

Keep on top of significant new regulatory and legal developments with our forum, aimed at in-house legal and company secretarial teams.

Norton Rose Fulbright announced today that seasoned infrastructure and public-private partnerships (P3) lawyer Patrick Harder has joined its Los Angeles office. Patrick joins as US Co-Head of Infrastructure alongside Doug Fried.

Christine Brozynski, Benjamin Koenigsberg and Christy Rivera were recognized in this special editorial report that honors the top leaders in New York who have had a measurable environmental impact within their industries.

The project, referred to as Louisiana Green Fuels, converts woody biomass waste into SAF (and renewable Naphtha as a byproduct).

Gaming raises a multitude of legal issues for businesses. In this series of publications, Gaming and law: What businesses need to know, we cover a number of the most topical issues.

Overview of the main provisions of the Competition Act, and discussion of the enforcement regime and recent enforcement trends.

The Work and Pensions Committee has concluded in its long-awaited report that DB schemes remain of critical importance to both savers and the UK economy, despite a steady decline in scheme numbers over recent years.

The Pension Protection Fund is proposing that smaller schemes – those with liabilities of less than about £50 million – may be permitted to use bespoke discount rates in section 143, 152 and 158 valuations. The proposed change would apply to valuations with effective dates on or after May 31, 2024, and the consultation closes on May 6, 2024.

The Regulator’s General Code came into effect on March 28, 2024, which was one day later than previously announced. It replaces ten previous codes, which have been revoked from the same date.

The Pensions Regulator’s latest blog sets out three tips for trustees seeking ways to improve their scheme’s EDI standards:

In a letter sent to the Governor of the Bank of England, and mentioned in a press statement, the Regulator has confirmed that pension schemes are now more resistant to LDI shocks.

The FCA has launched a consultation on new guidance to help companies understand the scope of the new regulated activity of operating a pensions dashboard service.

All occupational schemes, along with personal pension providers, must connect to pensions dashboards by October 31, 2026, at the latest. The DWP has now published guidance setting out a staged timetable, starting with the largest schemes. This phased connection aims to smooth the process of connecting the approximately 3,000 pension schemes and providers in scope by the 2026 connection deadline.

The European Securities and Markets Authority has published a statement on deprioritising supervisory actions linked to pension schemes’ clearing obligations pending the finalisation of the EMIR review.