In a recent State aid ruling delivered by the European Commission’s competition department, Apple Inc., a multinational consumer electronics company, was ordered to pay €13 billion (plus interest) to the Irish Government in the form of retroactive tax payments.
Commenting on the Commission’s ruling, Competition Commissioner Margrethe Vestager argued that:...
In July 2016, the Ultimate Fighting Championship (“UFC”) was sold for a price tag of $4 billion, making it the most expensive transaction in history for a sports organization.
To give some perspective to the magnitude of the sale, Manchester United Football Club, one of the most popular football clubs...
Following recent media scandals, the OECD has intensified its recent work to lay down new international standards to tackle tax evasion and tax avoidance amongst others. The OECD has estimated that €90 to €210 billion Euros are being lost every year through tax avoidance. There are currently 15 base erosion...
When it comes to starting your own business, it is important to identify the right set-up to cater for your individual requirements and those of your business. In order to guide you in this journey, we have set out the three most common set-ups used to start a businesses: the...
Increasingly, cyber attacks have become more than just a matter of public concern but of private concern, as well, as private companies are more frequently targeted by hackers than ever before. Attacks now come from all sides, and attackers may include organized criminals, governments, competitors and even a company’s own...
The immediate impact of this upheaval aside, Brexit is one of the most significant social events in Europe of the post-war era – a wholesale rejection of the European project – which will present both challenges and opportunities, if indeed it happens at all.
One must wonder: what does the...
The 23rd day of June of 2016 marked a historic moment for the European Union – after fifty years of continued expansion and consolidation, one of its largest and most influential member states, the United Kingdom, went to the polls on whether the people wanted to continue its relationship with...
Strength of Trademarks
A trademark is what makes one item or service distinguishable from another and in order for it to be effective, it usually has to be distinct from other marks and must have a quality which makes it stand apart. So true is the latter point, that a...
Launched a little over a year ago the office of the Financial Services Arbiter is designed to be a space where consumers may lodge complaints in respect of the conduct of financial services providers.
The decisions made by the Financial Services Arbiter are binding, placing this office above the Malta...
Last February, the Malta Financial Services Authority (MFSA) announced its intention to implement a new set of rules to govern the notification (as opposed to the licensing) of Alternative Investment Funds or ‘Notified AIFs’ or ‘NAIFs’, as they are commonly referred to.
With the rules now in force, and the...