Banking and Finance Law Commons^™

ราคาประเมินโอนหุ้นเพื่อเสียภาษีเงินได้นิติบุคคล : ศึกษากรณีซื้อขายหุ้นนอกตลาดหลักทรัพย์, พหล คันธคามชิต

Chulalongkorn University Theses and Dissertations (Chula ETD)

No abstract provided.

แนวทางการกำหนดภาระภาษีของการส่งตัวพนักงานต่างชาติเข้ามาทำงานให้กับบริษัทในเครือในประเทศไทย, ดวงแข กสิผล

Chulalongkorn University Theses and Dissertations (Chula ETD)

No abstract provided.

แนวทางการปรับลดค่าใช้จ่ายเกี่ยวกับบุคคลากรเพื่อความสำเร็จของการฟื้นฟูกิจการ, นรภัทร วีระโจง

Chulalongkorn University Theses and Dissertations (Chula ETD)

การแก้ปัญหาหนี้สินผ่านกระบวนการฟื้นฟูกิจการตามพระราชบัญญัติล้มละลาย พ.ศ. 2483 นั้น เป็นกระบวนการที่เจ้าหนี้และลูกหนี้จะมาตกลงทำการปรับโครงสร้างหนี้ของลูกหนี้เพื่อที่ว่ากิจการของลูกหนี้ที่มีหนี้สินล้นพันตัวจะได้มีโอกาสกลับมาดำเนินธุรกิจและมีผลกำไรได้อย่างปกติอีกครั้ง แทนที่จะต้องชำระบัญชีและเลิกกิจการไป ในกระบวนการฟื้นฟูกิจการ การปรับลดค่าใช้จ่ายทางด้านบุคลากรนับว่าเป็นหนึ่งในปัจจัยสำคัญที่จะส่งผลต่อความสำเร็จของการฟื้นฟูกิจการของลูกหนี้ อย่างไรก็ดี ในการปรับลดใช้จ่ายทางด้านบุคลากรของบริษัทเข้าสู่กระบวนการฟื้นฟูกิจการนั้นจะมีความเกี่ยวข้องกับกฎหมายหลายฉบับ ซึ่งมีเจตนารมณ์ของกฎหมายแต่ละฉบับต่างก็มุ่งที่จะคุ้มครองผลประโยชน์ของกลุ่มบุคคลที่แตกต่างกัน การปรับลดใช้จ่ายทางด้านบุคลากรของบริษัทเข้าสู่กระบวนการฟื้นฟูกิจการภายใต้บทบัญญัติของกฎหมายไทยในปัจจุบันจึงกระทำได้อย่างค่อนข้างจำกัดและไม่มีประสิทธิภาพเนื่องจากขาดหลักเกณฑ์และมาตรการดำเนินการที่เหมาะสม เอกัตศึกษาฉบับนี้ มีวัตถุประสงค์ในการศึกษาแนวคิดและหลักเกณฑ์ในการปรับลดค่าใช้จ่ายเกี่ยวกับบุคลากรของลูกหนี้ที่เข้าสู่กระบวนการฟื้นฟูกิจการตามกฎหมายของสหรัฐอเมริกา และกฎหมายของสหราชอาณาจักร เพื่อนำมาเป็นแนวในการปรับปรุงกฎหลักเกณฑ์ตามกฎหมายฟื้นฟูกิจการ และกฏหมายแรงงานของไทยในส่วนที่เกี่ยวข้องกับการปรับลดค่าใช้จ่ายเกี่ยวกับบุคคลากรของลูกหนี้ในกระบวนการฟื้นฟูกิจการให้มีความเหมาะสม สามารถบังคับใช้ได้จริงและมีประสิทธิภาพ และเกิดความสมดุลระหว่างสิทธิประโยชน์ของลูกจ้าง และสิทธิในการดำเนินการที่จำเป็นเพื่อความสำเร็จขอการฟื้นฟูกิจการลูกหนี้

แนวทางการพัฒนามาตรการทางภาษีอากรเพื่อส่งเสริมการลงทุนในประเทศไทย : ศึกษากรณีมาตรการเพื่อส่งเสริมศูนย์กลางทางธุรกิจระหว่างประเทศและ มาตรการขจัดภาษีซ้อนในเงินปันผลที่ได้จากการลงทุนในต่างประเทศ, ณัฐกนก บุญยประภา

Chulalongkorn University Theses and Dissertations (Chula ETD)

No abstract provided.

แนวทางการออกมาตรการทางภาษีเพื่อส่งเสริมการผลิตพลังงานไฟฟ้าของโรงไฟฟ้านิวเคลียร์, ยุพเรศ มีความดี

Chulalongkorn University Theses and Dissertations (Chula ETD)

No abstract provided.

แนวทางในการจัดเก็บภาษีเงินได้สำหรับบริษัทจำกัดคนเดียว, ธิติณัฎฐ์ ปรีดิพานิจวิภา

Chulalongkorn University Theses and Dissertations (Chula ETD)

การศึกษานี้จึงมีวัตถุประสงค์เพื่อการวิเคราะห์แนวทางการจัดเก็บภาษีเงินได้สําหรับบริษัทจํากัดคนเดียวโดยใช้หลักการจัดเก็บภาษีเงินได้ที่เหมาะสมกับบริบทของบริษัทจํากัดคนเดียวที่กําลังจะเกิดขึ้นในประเทศไทย ซึ่งเป็นการศึกษากฎหมายเชิงเปรียบเทียบ โดยรวบรวมข้อมูลของประเทศที่ได้จัดตั้งบริษัทจํากัดคนเดียวและมีหลักปฏิบัติสําหรับการจัดเก็บภาษีเงินได้บริษัทจํากัดคนเดียว เช่น ประเทศสหรัฐอเมริกา ฝรั่งเศส และอินเดีย เพื่อให้ได้หลักการจัดเก็บภาษีเงินได้สําหรับบริษัทจํากัดคนเดียวที่เหมาะสมที่สุดสําหรับประเทศไทย ซึ่งจากการศึกษาเปรียบเทียบการจัดเก็บภาษีเงินได้บริษัทจํากัดคนเดียวในประเทศสหรัฐอเมริกา และประเทศฝรั่งเศส พบว่าบริษัทจํากัดคนเดียวถูกจัดเก็บภาษีเงินได้บุคคลธรรมดา โดยใช้แนวความคิดระบบส่งผ่านเงินได้ประกอบกับการพิจารณาลักษณะและคุณสมบัติพิเศษของบริษัทจํากัดคนเดียว โดยไม่คํานึงว่า บริษัทจํากัดคนเดียวจะมีสถานะเป็นนิติบุคคลตามกฎหมายก็ตาม ซึ่งเมื่อนํามาวิเคราะห์ประกอบกับบริบทของบริษัทจํากัดคนเดียวในประเทศไทยที่มีโอกาสเกิดขึ้นแล้ว การจัดเก็บภาษีเงินได้บุคคลธรรมดาสําหรับบริษัทจํากัดคนเดียวถือเป็นแนวคิดการจัดเก็บภาษีเงินได้ที่สอดคล้องกับหลักการจัดเก็บภาษีอากรที่ดีและเป็นธรรมต่อทุกฝ่าย ดังนั้น จึงเสนอแนะให้ประเทศไทยรับแนวคิดการจัดเก็บภาษีเงินได้บุคคลธรรมดามาปรับปรุงประมวลรัษฎากรและกฎหมายภาษีอากรที่เกี่ยวข้องเพื่อบังคับใช้ต่อไป

Mphaea & Marble Cake: Parity & The Forgotten Frame Of Federalism, Taleed El-Sabawi

Faculty Publications

Federal parity laws, and their state equivalents, have been shown to increase access to substance use disorder (SUD) treatment, by decreasing the cost of SUD treatment borne by the insured, and has resulted in little increase in health plan costs. Despite these improvements, the effects of parity on access to SUD treatment have been lower than expected. Recent reports suggest that states have varied in their enforcement parity, failures which may explain why persons surveyed still report having inadequate insurance coverage for SUD treatment despite the parity legislation. While other articles have offered suggestions for improving parity, most have lumped …

Introduction: The Rise Of Fintech, Andrew F. Tuch

Scholarship@WashULaw

This foreword introduces "The Rise of Fintech," a series of essays published in a symposium issue of the Washington University Journal of Law & Policy. The contributions examine the structure of firms and markets, considering fintech activities occurring within existing firms and regulatory perimeters and activities that spill over the boundaries we currently take for granted. The contributors examine the emerging regulatory responses to fintech, taxonomizing them. They consider which regulatory approaches, or ecosystems, will best help fintech to develop. They examine how fintech applies to fundraising, examining initial coin offerings (ICOs) and equity crowdfunding, techniques that attract attention for …

Indenture Trustee Duties: The Pre-Default Puzzle, Steven L. Schwarcz

Faculty Scholarship

This Article addresses a topic at the intersection of finance, agency, contract, and trust law: the pre-default duties of an indenture trustee for bondholders. The existing scholarship on indenture trustee duties focuses on the post-default scenario, when the indenture trustee is required to act as a prudent person in like circumstances on behalf of the bondholders. No prior scholarship addresses an indenture trustee’s predefault duties. It is critical to try to define those duties because activist investors in the $42-trillion-plus bond market increasingly are making pre-default demands on indenture trustees, requiring them to know how to respond.

Tepoel Lecture: Bond Trustees And The Rising Challenge Of Activist Investors, Steven L. Schwarcz

Faculty Scholarship

No abstract provided.

Overlapping Legal Rules In Financial Regulation And The Administrative State, Matthew C. Turk

Georgia Law Review

Reforms which seek to overhaul the Dodd-Frank Act
have begun to gain support within the Trump
Administration and Congress. The leading proposals go
beyond technical matters and reflect a wholesale
critique: financial regulation has become too
burdensome, too complex, and grants too much
discretion to regulators. This Article argues that what is
really at stake in these debates is the distinct issue of
“regulatory overlap”—the joint use of multiple legal
rules to address a common market failure. It begins by
developing a general framework for analyzing
overlapping legal rules of all kinds. That framework is
then applied in case studies …

Long-Term Bias, Eric L. Talley, Michal Barzuza

Faculty Scholarship

An emerging consensus in certain legal, business, and scholarly communities maintains that corporate managers are pressured unduly into chasing short-term gains at the expense of superior long-term prospects. The forces inducing managerial myopia are easy to spot, typically embodied by activist hedge funds and Wall Street gadflies with outsized appetites for next quarter’s earnings. Warnings about the dangers of “short termism” have become so well established, in fact, that they are now driving changes to mainstream practice, as courts, regulators and practitioners fashion legal and transactional constraints designed to insulate firms and managers from the influence of investor short-termism. This …

Bringing Rule Of Law And Fairness To The Dysfunctional World Of Sovereign Debt: A Role For Canada?, Maziar Peihani, Mark Jewett Qc

All Faculty Publications

Restructuring sovereign debt has long proved challenging: There is no formal regime for sovereign insolvencies similar to those that that govern domestic bankruptcy and insolvency and attempts to create one by international treaty have been met with political resistance. Currently, sovereign debt restructuring is governed by the debt contracts themselves along with the background law in the jurisdiction in which the debt is issued. Sovereign immunity also protects most state assets from seizure. These ad hoc restructuring processes are plagued by unpredictability, however, and there are incentives for individual creditors to “hold out,” demanding full repayment of their claims and …

Extended Shareholder Liability For Systematically Important Financial Institutions, Alessandro Romano, Luca Enriques, Jonathan R. Macey

American University Law Review

No abstract provided.

Regulation Of Derivatives In Asia: When Technology Meets Financial Engineering, Christopher C. H. Chen

Research Collection Yong Pung How School Of Law

This chapter introduces the current state of derivatives market regulation in Asia following the global financial crisis. It focuses on Singapore and Hong Kong, the two largest international financial centres in the region. Singapore and Hong Kong have adopted international regulatory reforms, including mandatory trade reporting, centralized clearing, exchange trading requirements and the initial margin rule. The implementation has varied greatly because reporting requirements and initial margin rules have been implemented whereas clearing and trading requirements are waiting for full implementation. The arrival of financial technology may help Asian regulators oversee derivatives markets, by improving cross-border information sharing, reporting or …

Debt In Just Societies: A General Framework For Regulating Credit, John Linarelli

Scholarly Works

Debt presents a dilemma to societies: successful societies benefit from a substantial infrastructure of consumer, commercial, corporate, and sovereign debt but debt can cause substantial private and social harm. Pre- and post-crisis solutions have seesawed between subsidizing and restricting debt, between leveraging and deleveraging. A consensus exists among governments and international financial institutions that financial stability is the fundamental normative principle underlying financial regulation. Financial stability, however, is insensitive to equality concerns and can produce morally impermissible aggregations in which the least advantaged in a society are made worse off. Solutions based only on financial stability can restrict debt without …

Developments In The Laws Affecting Electronic Payments And Financial Services, Tom Kierner, Steve Middlebrook, Sarah Jane Hughes

Articles by Maurer Faculty

Federal and state developments affecting e-payments and financial services between June 1, 2018, and May 31, 2019, as in recent years, exceeded the space allowed for this survey. We have chosen to feature continuing regulatory efforts, including new guidance and innovations in cryptocurrencies as payments methods or as tradable "digital assets," and enforcement actions related to cryptocurrencies and to providers and users of cryptocurrencies. This survey also identifies guidance and enforcement actions that relate to providers of other types of financial products or services. Part II evaluates developments relating to cryptocurrencies, both as payment products and otherwise as "digital assets" …

Do Blockchain Technologies Make Us Safer? Do Cryptocurrencies Necessarily Make Us Less Safe?, Sarah Jane Hughes

Articles by Maurer Faculty

This essay is based on a presentation made on January 24, 2020 at the invitation of the Texas Journal of International Law and the Strauss Center for National Security at the University of Texas. That presentation focused on the two questions mentioned in the title of this essay – Do Blockchain Technologies Make Us Safer? And Do Cryptocurrencies Necessarily Make Us Less Safe? The essay presents answers to the two questions: “yes” and “probably yes.” This essay begins with some level-setting on different types of blockchain technologies and of cryptocurrencies, and gives some background materials on global and national responses …

The Debt Collection Pandemic, Pamela Foohey, Dalie Jimenez, Chris Odinet

Articles by Maurer Faculty

To curb the rapid spread of the coronavirus set to overwhelm the United States' healthcare system, in mid-March 2020, the federal government declared a national emergency. Many states followed suit by implementing shelter-at-home orders and people began social distancing across America. As of this writing, the United States' reaction to the unique and alarming threat of COVID 19 has partially succeeded in slowing the virus's spread. Saving people's lives, however, has come at a severe economic cost. Economic activity plummeted. Unemployment numbers soured to figures not seen since the Great Depression and countless other people saw their income disappear.

Americans' …

Bali Mawacara: Is A Quasi-Common Law System Developing In Balinese Customary Law?, Danial Kelly, Wayan P. Windia

Indonesia Law Review

The Indonesian island of Bali is internationally renowned as a popular tourist destination. Tourists from around the world have been attracted to Bali’s rich and colourful displays of culture and its friendly people for many decades. Intertwined with the predominately Hindu culture that is so readily visible is the invisible customary legal system of Bali that regulates much of the daily life of the Balinese. This autochthonous legal system exists in plurality with the Indonesian state legal system. As with all legal systems, the Balinese customary law system is in a state of flux. This article will examine the foundational …

Perlindungan Hukum Nasabah Dalam Perjanjian Telemarketing Bank, Sri Lestari Poernomo

Jurnal Hukum & Pembangunan

Telemarketing is one of the banking products. This research is conducted to analyze the validity of the agreement that was born and the offering of banking products through telemarketing, transactions made in telemarketing activities almost entirely do not fulfill the legal agreement requirements, namely contracts because if there are elements of oversight and fraud, the Bank must be responsible if a loss occurs because the bank uses customer data to be referenced to the insurance company that works with the bank. The problem examined is how the validity of the agreement that was born from bank telemarketing activities and the …

Compliance Officers: Personal Liability, Protections, And Posture, Jennifer M. Pacella

Brooklyn Journal of Corporate, Financial & Commercial Law

This Symposium Article will explore the evolving nature of the regulatory and enforcement landscape as it pertains to compliance officers, specifically regarding their susceptibility to personal liability. It will examine the posture of compliance officers in three contexts: i) as a possible target for enforcement activity by regulators; ii) as a quasi-professional subject to a current regime of “non-regulation”; and iii) as an employee in need of ample whistleblower protections, each of which create implications for a compliance officer’s risk of personal liability and protections as a constituent of the organization monitored. After considering the current guidance surrounding enforcement activity …

Artificial Intelligence & Artificial Prices: Safeguarding Securities Markets From Manipulation By Non-Human Actors, Daniel W. Slemmer

Brooklyn Journal of Corporate, Financial & Commercial Law

Securities traders are currently competing to use Artificial Intelligence (A.I.) in order to make more profitable decisions in the marketplace. While A.I. provides superior abilities in recognizing market patterns, its complexity can obscure its decision-making process beyond human comprehension. Problematically, the current securities laws prohibiting manipulation of securities prices rest liability for violations on a trader’s intent. In order to prepare for A.I. market participants, both courts and regulators need to accept that human concepts of decision-making will be inadequate in regulating A.I. behavior. However, the wealth of case law in the market manipulation doctrine need not be cast aside. …

Foreign Direct Investments Into Fintech And Blockchain Technology Startups In Latin America, Y. Tatiana Clavijo, Hernán Pantaleón

University of Miami Inter-American Law Review

Technology is changing our everyday lives at a faster rate every minute from artificial intelligence and medical advances in robotics to the upcoming self-driving cars. Every sector of our lives is being impacted, disrupted, and constantly altered by innovations, including our finances. In the developed markets, fintech, or financial technology, is the new and exciting area of product innovation for financial services. The innovations rely on the internet, blockchain technology, and the new and highly controversial digital currencies. Consequently, new digital platforms and mobile applications create new possibilities while being accessible to more people at a lower cost across borders. …

Conspiracy Allegations In The Stock Loan Market: Why Plaintiffs Should Be Seeking A Remedy In Congress And Not In Court, Danielle P. Katz

Et Cetera

This Article first provides a comprehensive analysis of conspiracy allegations in over-the-counter markets, focusing on the stock loan market as an exemplar.

Multiple conspiracy claims, implicating antitrust law, have been brought regarding over the counter markets since the financial crisis of 2008. The biggest banks in the country have been the center of novel complaints, new regulations, and innovative legislation in the recent years. But, despite regulation and legislation, Sherman Act litigation alleging conspiracy has endured as plaintiffs claim that big banks are conspiring to fix markets when, in fact, they are exercising economies of scale to provide unique, tailored …

Washington’S 'Cutting-Edge' Solution To Combat Sales Tax Fraud, Richard Thompson Ainsworth, Robert Chicoine, Andrew Leahey, Sunder Gee

Faculty Scholarship

Globally, consumption tax compliance (value added tax and retail sales tax) has gone digital – digital invoices are becoming mandatory, centralized monitoring of transactions and tax payments are increasingly common, and artificial intelligence is assessing fraud risks in real-time. When tax is collected, it is increasingly being remitted in near-real-time. This is the trajectory for the modern retail sales tax (RST) imposed by most states in the US. While this may appear to be revolutionary to the average American, it is a well-worn path among global nations using the value added tax (VAT). The RST will eventually be following suit. …

Tax Policy For The Wider Cryptoverse, Arild B. Doerge

Student Scholarship

The rapid rise of Bitcoin and other “cryptoassets” offers many interesting technological capabilities but also comes with uncertainty and volatility in the markets for these assets. The diversity of types of cryptoassets is increasing rapidly, while public understanding and government policy have generally been slow to take account of this diversity. In regard to taxation policy related to cryptoassets, current IRS guidance merely categorizes cryptoassets as general property. The policy implications of this classification run contrary to fundamental goals of tax policy by inhibiting how people use cryptoassets, making compliance more complex and ambiguous than necessary, and taxing cryptoasset transactions …

Aligning Investment Treaties With Sustainable Development Goals, Lise Johnson, Lisa E. Sachs, Nathan Lobel

Columbia Center on Sustainable Investment Staff Publications

Policy makers and other stakeholders are currently asking fundamental questions about whether and to what extent international investment agreements (IIAs) are consistent with and are helping to advance sustainable development objectives at home and abroad.

A 2019 paper from CCSI examines the alignment of IIAs with the 2030 Sustainable Development Agenda, arguing that while FDI will play an important role in advancing development outcomes, existing treaties must be reformed and future IIAs reimagined in order to achieve deep alignment with the sustainable development goals.

The paper proposes that IIAs should be designed and evaluated with respect to their ability to …

Modern Waste Law, Bankruptcy, And Residential Mortgages, Jill M. Fraley

Cardozo Law Review

Around the time of the subprime mortgage collapse, lenders began in earnest to sue borrowers by adapting the traditional law of waste. Today, these claims continue to rise in frequency and to expand to more jurisdictions. Lender waste claims provide a "work around" for state mortgage laws that prohibit personal deficiency judgments after foreclosure and are potentially non-dischargeable in bankruptcy.

While a recent wave of scholarship has addressed the problems of how the bankruptcy system handles mortgages, scholars have not yet explored the use of waste actions by lenders and how waste judgments intersect with bankruptcy and foreclosure. Using new …

Follow The Money? A Proposed Approach For Disclosure Of Litigation Finance Agreements, Maya Steinitz

Faculty Scholarship

Litigation finance is the new and fast-growing practice by which a non-party funds a plaintiff’s litigation either for-profit or for some other motivation. Some estimates placed the size of the litigation finance market at 50–100 billion dollars. Both proponents and opponents of this newly -emergent phenomenon are in agreement that the it is the most important development in civil justice of this era. Litigation finance is already transforming civil litigation at the level of the single case as well as, incrementally, at the level of the civil justice system as a whole. It is also beginning to transform the way …