A Partner at law firm Hacker Young has found that the number of Footballers being investigated by HMRC is on the rise in the tax year 2019-2020 as footballers appear to be exploiting a tax “loophole” via inflating their image rights fees.
Cryptocurrency is a digital asset designed to act as a medium of exchange. It can be used to secure financial transactions, verify asset transfers, and control the creation of additional units. The popularity of cryptocurrencies have sparked several debates on whether they can be considered “real property” in the eyes of the law. This debate is important to consider because if a dispute arose regarding crypto assets, ruling authorities would find it difficult to resolve the matter without any legal certainty or classification of cryptocurrency.
The Italian Supreme Court’s recent judgment of a dispute between two Italian cosmetic companies, Kiko and Wycon, is the latest case driven by the landmark Cofemel decision. It expands copyright law in Italy with a ruling protecting store experience as well as store design.