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HTMLOutline of the 2016 Tax Reform Proposal (Corporate Income Tax and International Taxation)
Harukuni Ito, Kyosuke Katahira, Yuichiro Mori, John C. Roebuck, Takako Yako; Jones Day;
Legal Alert/Article
February 9, 2016, previously published on December 2015/January 2016
The 2016 Tax Reform Proposal was approved by the Cabinet on December 24, 2015.

 

Adobe PDFFCPA 2015 Year In Review
Theodore T. Chung, Richard H. Deane, Karen P. Hewitt, Henry Klehm, Hank Bond Walther; Jones Day;
White Paper
February 9, 2016, previously published on January 2016
In 2015, a year after the DOJ resolved several long-term and large-dollar FCPA investigations, the most significant FCPA story was the sharp decrease in both the number and size of the DOJ’s corporate FCPA resolutions. This slowdown may only be a temporary downturn, though, because the DOJ...

 

HTMLU.S. Continues Easing of Trade Restrictions on Cuba, but Embargo Remains
Sean Thomas Boyce, Laura L. Fraedrich, Michael P. Gurdak, Fahad A. Habib, Pedro A. Jimenez; Jones Day;
Legal Alert/Article
February 9, 2016, previously published on January 2016
On January 27, 2016, the U.S. government continued its efforts to ease trade restrictions on Cuba through amendments to the regulations administered by the U.S. Department of the Treasury, Office of Foreign Assets Control ("OFAC") and the U.S. Department of Commerce, Bureau of Industry...

 

HTMLEmployee Stock Plans: Year-End 2015 International Reporting Requirements
Shoshana E. Litt, Robert G. Marshall; Jones Day;
Legal Alert/Article
February 8, 2016, previously published on January 2016
This Commentary highlights some of the principal calendar and year-end reporting requirements for employee stock plans that U.S. companies most commonly encounter when offering these programs to their employees in selected jurisdictions worldwide. Please note that this Commentary does not address...

 

HTMLNon-Performing Loan Transactions in Italy; Guarantee to be Provided by Italian Government
Giuseppe Mezzapesa, Francesco Squerzoni, Mario Todino, Vinicio Trombetti; Jones Day;
Legal Alert/Article
February 5, 2016, previously published on January 2016
On January 26, 2016, the Italian Government and the European Commission have agreed on the terms under which guarantees may be provided by the Italian Government for Non-Performing Loan (“NPL”) transactions.

 

HTMLBrazil Update: Capital Gains Tax Developments and Adoption of the Hague Apostille Convention
S. Wade Angus, Marcello Hallake, Sanjiv K. Kapur, Luis Riesgo; Jones Day;
Legal Alert/Article
February 4, 2016, previously published on January 2016
Two recent legal developments in Brazil are included in this Alert: a decision by the Brazilian Federal Revenue Service confirming that any increased capital gains rates approved by Congress in 2016 will not take effect until 2017, and Brazil's adoption of the Hague Apostille Convention, which will...

 

HTMLImplementation Day Triggers Significant Changes to International Sanctions Against Iran
Renato Antonini, Sean Thomas Boyce, Laura L. Fraedrich, Michael P. Gurdak, Fahad A. Habib; Jones Day;
Legal Alert/Article
February 2, 2016, previously published on January 2016
International sanctions on Iran changed drastically on Saturday, January 16, 2016. After months of anticipation and speculation, the International Atomic Energy Agency (“IAEA”) announced that it has verified that Iran has fulfilled its commitments under the Joint Comprehensive Plan of...

 

HTMLRevised DFARS Interim Rule Regarding Cybersecurity Responds to Industry Concerns
Peter F. Garvin, J. Andrew Jackson, Fernand A. Lavallee, Todd S. McClelland, Mauricio F. Paez; Jones Day;
Legal Alert/Article
February 2, 2016, previously published on January 2016
After collecting feedback from industry representatives, the Department of Defense ("DOD") recently revised the Defense Federal Acquisition Regulations Supplement ("DFARS") interim rule on required cybersecurity measures for defense contractors (the "December 30 Interim...

 

HTMLITC Finds Expenditures for Discontinued Products Satisfy the Domestic Industry Requirement
Richard Fieman, Blaney Harper, Vishal V. Khatri; Jones Day;
Legal Alert/Article
February 2, 2016, previously published on January 2016
In its January 6, 2016, Opinion in Certain Marine Sonar Imaging Devices, Including Downscan and Sidescan Devices, Products Containing Same, and Components Thereof, Inv. No. 337-TA-921 (public version), the International Trade Commission ("ITC") reversed-in-part Administrative Law Judge...

 

HTMLThird Circuit Rules that Courts, not Arbitration Panels, Have Final Word on Class Action Arbitrability
Louis A. Chaiten, Darren K. Cottriel, Rebekah Byers Kcehowski, Michael A. Magee, Sharyl A. Reisman; Jones Day;
Legal Alert/Article
February 2, 2016, previously published on January 2016
The history and proceedings of the Third Circuit's recent decision in Chesapeake Appalachia, LLC v. Scout Petroleum, LLC, No. 15-1275, 2016 U.S. App. LEXIS 42 (3d Cir. Jan. 5, 2016), are a precautionary tale suggesting that companies should expressly state key "rules of their game" in...

 


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