In a recent landmark ruling issued by one of the three Tax Dispute Resolution Committees (“TDRC”), the TDRC ordered the cancellation of not only the late payment penalties – but also the tax audit penalties resulting from a tax audit. Generally, the penalties arising from a tax audit are 50% of the tax liability, and […]
Landmark Ruling Cancels Tax Audit Penalties Read More »
On 10 August 2020, the Regulatory Tribunal of the Qatar Financial Center issued a decision whereby it recognized COVID-19 as a hardship event in an appeal by a former director (and Senior Executive Function) of a regulated entity against penalties of USD 50,000 for breaches of the AML/CFT and various general regulatory contraventions. The financial
Qatar Financial Center Tribunal Acknowledges COVID-19 as Hardship Event Read More »
Regulators globally continue enforcement of data protection and privacy laws including issuing fines against organizations that did not meet the requirements of applicable law. In this article, we summarise some of the recent cases of interest: Posti Group Oyj (Finland): Direct Marketing According to the Deputy Data Protection Ombudsman, there were complaints alleging that data
Data Protection Enforcement Read More »
The ability to influence has been a topic of dialectics for centuries – how the influence was obtained, how it was used, how much of it was at stake. When the topic of influence comes up, we may refer to great writers, composers, or philosophers. But these days the discussion of influence brings about names
The Business of Influencing in the UAE Read More »
In what could possibly be the first judgment amongst Arab jurisdictions, the Egyptian Administrative Court within the State Council ruled that COVID-19 qualifies as a force majeure event. To clarify the title of this article; ‘Arab court’ refers to the fact that this judgement was obtained from an Arab court given that there is much cross-jurisdictional reliance
Arab court qualifies COVID-19 as force majeure event Read More »
If the best way to get a company’s attention is to hit them in the pocketbook, then European regulators have the full attention of many companies including data giants like Google and Facebook. Here are some of the biggest GDPR fines to date: Google L.L.C (Sweden and France) Back in early 2019, the CNIL, the French data
The Biggest GDPR Fines to Date Read More »
In comparison with general dispute practices, tax disputes are subject to a limited number of judges; three judges at the tax dispute resolution committees (TDRCs), one judge at the Tax Disputes Circuit of the Federal Primary Court, one judge at the Tax Disputes Circuit of the Federal Appeals Court, and the Chief Justice at the
UAE Tax Judges: Textualism or Original Intent? (and private clarification disputes) Read More »
Amongst the flurry of expectations and predictions on the application of force majeure arguments in light of the employment terminations currently occurring globally, whether related or unrelated to COVID-19, a panel of judges in the Primary Circuit of the Rental Disputes Center of Dubai ruled that termination of employment fulfills the requirements of a force
Dubai Judges Rule Employment Termination is Force Majeure in Rent Dispute Read More »
Client Alert Recently, the Federal Appeals Court (UAE) reversed late payment penalties applied by the Federal Tax Authority on voluntary disclosures in two separate tax disputes for two separate taxpayers assisted by Wasel & Wasel. The Federal Appeals Court has ruled on nearly six tax disputes between 2019 and June 2020, almost three of which
Federal Appeals Court Reverses Tax Penalties (UAE) Read More »
When drafting an arbitration clause, it is vital to make sure that the clauses are simple and clear in order to avoid uncertainty and disputes over their semantics and effect. This is the first step to ensuring the time and cost-effectiveness of a potential dispute as it will minimize the risk of possible disagreements regarding
UAE Supreme Court Rules on Unclear Arbitration Clause Read More »
