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As expected, Chancellor George Osborne confirmed in the Budget the Government's commitment to provide reassurance on the level of tax relief for the cost (estimated to be in the tens of billions) of decommissioning oil and gas fields. This is good news...

Law Decree no. 21 of 15 March 2012, published in the Italian official Gazette no. 63 on 15 March 2012 introduces a new set of special powers of the Italian Government in relation to defence and national security sectors and to strategic assets in the energy,...

Australia's Minerals Resource Rent Tax in force from July 2012 On 19 March 2012, the Australian Parliament passed legislation for a mining tax on iron ore and coal. The new tax, known as the Minerals Resource Rent Tax (MRRT), will apply from 1 July 2012. The...

The attached memorandum sets out a summary of certain legal aspects which should be taken into account when doing business in Angola. It is not intended to be exhaustive and is provided for information purposes only. The memorandum addresses the following: general...

The Italian government has just introduced new legislation which is intended to regulate the tax regime of indirect bond issuances, including those made by a foreign affiliate of an Italian non-listed company and guaranteed by that Italian company. The new legislation...