Gain an expert overview of the key tax issues surrounding corporate insolvency in 15 major countries.
Corporate Insolvency provides focused guidance on cross border insolvency from leading practitioners around the globe. Benefit from the report's emphasis on the best way to plan for the tax implications of an insolvency situation. Also read about the major tax issues involved in alternatives to insolvency such as corporate turnaround and reorganisation.
As the economy enters difficult times this report is essential for its focused guidance on a key area. It provides you with an international authoritative overview as well as incisive insight into recent developments and opportunities for 2009. Use it to cut down your own research time and advise clients and colleagues with confidence.
Countries covered: Australia, Canada, China, Cyprus, Denmark, France, Germany, Guernsey, Indonesia, Ireland, Jersey, Netherlands, Spain, UK and USA
Contents:
Introduction
The global economic crisis: US corporate debt restructuring, COD income and ARRTA
Candace A. Ridgway and Kenneth J. Krupsky, Jones Day, Washington DC
Focus on the UK
Tax issues on insolvency in the UK
Mathew Oliver, Bird & Bird, London
Financial market participant insolvency
Samantha Bewick, KPMG LLP, London
Focus on Continental Europe
Insolvency: The main Dutch corporation tax aspects
Michiel Beudeker, Loyens & Loeff, London
Corporate insolvency in Denmark
Arne Riis and Rikke Skovby, Bech-Bruun, Copenhagen
Corporate debt and insolvency in Germany
Andreas Ziegenhagen, Salans, Frankfurt am Main
Outline of French insolvency proceedings
Philippe Druon, Anne-Sophie Noury and Benedict Pearce, Weil, Gotshal & Manges LLP, Paris
The recent reform of the Concurso Law and the evolution of Spanish insolvency law towards the private solution-based Anglo-Saxon model
Antonio Fernández and Adrián Thery, Garrigues, Madrid
Cyprus corporate insolvency legislation
Elias Neocleous and Maria Kyriacou, Andreas Neocleous & Co LLC, Nicosia
Corporate insolvency in Ireland
Lorcan Tiernan and Adrian Benson, Dillon Eustace, Dublin
Jersey corporate insolvency: The two regimes
Anthony Dessain and Robert Gardner, Bedell Cristin, Jersey
Directors’ duties and responsibilities in a Guernsey insolvency
Ian Kirk, Collas Day, Guernsey
Focus on Asia Pacific and North America
Tax collection amidst the financial crisis – The powers and practices of the Australian Taxation Commissioner
Teresa Dyson and Steven Paterson, Blake Dawson, Brisbane
Tax issues in Canadian restructurings and insolvency proceedings
Robert Kopstein, Kirsten Kjellander, Steven Weisz and Beth Posno, Blake, Cassels & Graydon LLP, Vancouver and Toronto
China issues new tax rules on enterprise reorganisations
Fuli Cao, Jones Day, Beijing
Corporate insolvency: An Indonesian perspective
Rosna Chung, Hutabarat Halim & Rekan, Jakarta