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Dentons Insights
What's coming up? Quarterly horizon scan
United Kingdom: Once a quarter, we bring you an update on what to look out for on the legislative horizon for UK employment law.
Dutch Tax Plan 2026
Amsterdam: On 16 September 2025, the Dutch caretaker government proposed the 2026 budget together with the 2026 tax plan. The tax plan contains proposals for amendments to the tax rules for 2026 and onwards.
The Exchange concluded its consultation on IPO price discovery and open market requirements, and launched further consultation on ongoing public float proposals
Hong Kong: The Stock Exchange of Hong Kong Limited (Exchange) published its consultation conclusions (Consultation Conclusions) on 1 August 2025, following its earlier consultation launched on 19 December 2024 regarding proposed enhancements to the IPO price discovery process and open market requirements. The majority of the proposals received broad market support and have been adopted, with certain refinements made in response to stakeholder feedback. The revised Listing Rules came into effect on 4 August 2025 and apply to all issuers and new applicants with listing documents issued on or after that date.
Dentons Capitol Insights: Georgia Edition – September 2025
In this first issue, we spotlight early maneuvering in the 2026 election cycle, major policy debates such as income tax reform, and Atlanta’s upcoming municipal races. We also feature industry insight on Georgia’s medical cannabis and hemp study committee, with a partner’s perspective on what’s at stake in the year ahead.
Private deal structure – Navigating transaction structures
Join host Danny Wakeling, Partner and National Co-Lead of the M&A Group for an insightful discussion with Sarat Maharaj, Partner in Dentons’ Edmonton Corporate and Commercial Group, Simon Gauthier, Partner and Co-Lead in Dentons’ Montreal Corporate and Commercial Group, and lead of the office’s M&A Group, and Mike Harris, Partner in Dentons’ Edmonton Tax Group, as together they unpack the pros and cons of asset vs. share sales, hybrid structures, amalgamations and reverse takeovers, and key tax considerations for buyers and sellers.
Strict statutory deadlines in VAT compliance: a precedent from Illovo
Tanzania: Tax compliance demands unwavering and strict adherence to statutory deadlines and procedures, particularly when claiming input value added tax (VAT). Missing the deadline for an input VAT claim can expose taxpayers to significant financial and legal risks. In the recent case Illovo Distillers (Tanzania) Limited v. Commissioner General, Tanzania Revenue Authority Civil Appeal No. 445 of 2023, the Court of Appeal of Tanzania (the Court of Appeal) delivered definitive guidance on section 16(5) of the Value Added Tax Act, 1997 now mirrored by section 73(2) of the Value Added Tax Act, Cap. 148 R.E. 2023 (VAT Act), clarifying whether a withdrawn input VAT refund application may be reinstated after the statutory period has lapsed.
Transforming Challenges into Opportunities: Delivering the next wave of infrastructure
New Zealand: Transforming Challenges into Opportunities: Delivering the next wave of infrastructure is the third edition in our infrastructure series. This series provides practical insights that help you anticipate change, manage risk and seize opportunity in a rapidly evolving infrastructure landscape.
Efficiency and innovation "defences" in merger reviews: a new dawn?
United Kingdom: As the regulatory landscape in Europe continues to shift, competition authorities in the EU and UK are re-examining the role of efficiency and innovation in merger control.
Transfer pricing in practice: The real cost of taxpayers’ errors
Poland: The September issue of the TPcal Newsletter covers the real financial impact of an income assessment under transfer pricing rules – and spoiler alert: the math isn’t as simple as it might seem. Each article stands on its own, yet together they form a practical guide to help you understand the real risk in case of an audit or tax proceedings – and manage it wisely, step by step.
Cannabis Client Alert – Week of September 15, 2025
United States: Chicago Cannabis partner Eric Berlin spoke at PBC 2025, a B2B conference for payments, banking and compliance in the cannabis industry. His panel, “From Seizures to Solutions: Legal Cases Shaping the Future of Cannabis,” examined recent landmark cases that have significantly impacted the cannabis industry. Dentons was also recognized as the 2025 Top Law Firm at the awards ceremony.
Ukraine announces lithium and rare earth minerals PSA tender
Ukraine: On 27 August 2025, the Cabinet of Ministers of Ukraine (CMU) approved tender for production sharing agreements (PSA) and the respective conditions for metallic mineral resources, in particular lithium-bearing minerals and other rare earth mineral resources, for Dobra block under CMU Resolution No. 1059.
Exploring alternative financing in the capital markets: Margin transactions and short selling transactions under Indonesian law (part II)
Indonesia: Building on the foundational concepts discussed in Part I, this article outlines the procedural steps, risk management measures, and key documentation—such as financing and lending agreements—required for compliance.
Flexible and hybrid working in 2025
United Kingdom: With flexible working now a big topic within the workplace, a recent CIPD report reviews current practices and shares practical steps to help employers prepare for the upcoming legislative changes.
Migration to the United Arab Emirates - Navigating tax pitfalls
Amsterdam: In the past couple of years, an increasing number of Dutch nationals, including a significant proportion of entrepreneurs and influencers, have opted to migrate to the United Arab Emirates (UAE), in particular to cities such as Dubai and Abu Dhabi. The jurisdiction’s favorable tax regime—most notably the absence of personal income tax and net wealth taxes—creates the perception that the UAE is an attractive destination. The prospect of greater financial freedom combined with a sunny living environment naturally captures the imagination. Nevertheless, it is important to consider: Is migrating to the Emirates really as easy and advantageous as it seems? Recent developments show that there are some pitfalls to migrating to the Emirates.
Episode 84: Demystifying AI for businesses of all sizes
Canada: Join Heather Barnhouse, Partner in our Edmonton office, as she explores women in leadership and entrepreneurship, and the ecosystem that supports them. In episode 84, Heather is joined by Idunnu Okuola, the Principal Consultant of IWEZ Consulting, who is a data scientist, AI and ML engineer. Idunnu shares her journey from statistics and biostatistics into artificial intelligence, and her passion for making AI accessible to small and mid-sized businesses.
Indonesia moves to further streamline business licensing, ease entry for foreign investors
Indonesia: The article reviews the new framework and its implications for businesses, with a particular focus on foreign investors.
Dentons Capitol Insights – Sounding the Drumbeat in Washington – September 2025
Introducing Dentons Capitol Insights – Sounding the Drumbeat in Washington, our monthly briefing on the intelligence, trends, and policy developments shaping Washington.
Polish special act to accelerate defense investments
Global: On 7 September 2025, the special act of 25 July 2025 on specific rules for the preparation and implementation of strategic and key investments in defense and public security came into force. Its primary objective is to simplify and streamline the investment and construction process in the preparation and implementation of strategic and key investments related to national defense, including the expansion of the country's industrial defense potential.
Entrepreneurs are preparing to combat deforestation: EUDR will come into force in a few months
Poland: In recent months, entrepreneurs have been increasingly considering the practical aspects of applying the EUDR. This is not surprising, as the Regulation will come into force in a few months, on 30 December 2025 (with exceptions). EUDR, i.e. Regulation 2023/1115 of the European Parliament and of the Council of 31 May 2023 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest degradation and repealing Regulation 995/2010, is the EU’s response to growing concerns about mass deforestation around the world, that is one of the main causes of biodiversity loss and climate change.
National Management Training Week: building better leaders
United Kingdom: National Management Training Week took place in August this year. We share five practical topics on which to focus to assist organisations in building leadership skills, boosting team performance and reducing organisational risk.