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Contract Disputes Corporate Taxes

WilmerHale

Tax-related Measures in Investor-State Arbitration

WilmerHale on

The right to tax constitutes a core attribute of State sovereignty. As U.S. Supreme Court Justice Oliver Wendell Holmes Jr. said, “Taxes are the price we pay for civilization.” However, States may voluntarily limit their...more

Vinson & Elkins LLP

HMRC Changes VAT Rules For Early Contract Termination Fees

Vinson & Elkins LLP on

Amidst the turmoil of COVID-19, HMRC has suddenly reversed its position on early termination fees, announcing such fees are now subject to VAT. In addition, it is taking the controversial position that this change in policy...more

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