Sentences with phrase «liability regime which»

Not exact matches

The EU competition authority said in 2014 the Amazon subsidiary paid a tax deductible royalty to a Luxembourg - based limited liability partnership which was not subject to the country's tax regime.

In the first place, most major corporate misconduct implicates senior corporate officials, such that a regime of personal — rather than corporate — liability would provide them with incentives to cause the corporate entity to insure against the risk of such losses, which satisfies the goal of compensation.

But would that actually be any more unfair on an employer than the strict liability regime in Stark which appears to be accepted as fair?

The new additional bonus will be on top of the defendant's existing liability in this situation to pay the claimant interest post - offer on the whole or part of damages of up to 10 % above base rate; indemnity costs post-offer (and indemnity costs trump the proportionality argument which will be runnable with a vengeance under the new regime); and interest on costs at up to 10 % above base rate.

This legal regime is very similar to criminal liability, which is very questionable in terms of constitutionality, as the Brazilian Constitution predicts criminal liability for legal entities only in cases of environmental crimes.

Trustees contemplating action pre-5 April 2008 will in many cases also have to consider how to take advantage of the current more benign CGT rules for non-domiciliaries without triggering CGT liability for beneficiaries who are both resident and domiciled in the UK and the need to analyse the trust's income records to ensure that all retained income (as well as gains which may give rise to liability in the future) is fully distributed — the catch being that distributions to UK resident beneficiaries always draw down relevant income under the Income Tax Act 2007, s 732 regime in priority to gains under TCGA 1992, s 87.

The Product Liability Directive (PLD), which created the strict liability regime in the EU, has had a 30 year lifespaLiability Directive (PLD), which created the strict liability regime in the EU, has had a 30 year lifespaliability regime in the EU, has had a 30 year lifespan so far.

In its 2005 report, the Commissions proposed extending the existing regime to include «notices which purported to exclude or restrict business liability resulting from negligence».

The Court of Appeal's decision reflects an appropriately nuanced approach to the impact of the purposes of the Act — which include investor protection and efficient capital markets and confidence in capital markets — on the interpretation of the secondary market liability regime.