INSOL has been invited by several governments to participate in consultations concerning insolvency legislation and practice. Countries involved include the USA, Canada and Russia. Through its association with INSOL-Europe, INSOL has also provided technical advice and support to several countries in Eastern Europe.
Collaboration with United Nations Commission on
International Trade Law
INSOL is proud of its association with UNCITRAL and the progress that is being made in this crucial area of cross-border insolvency work and it looks forward to continued close co-operation.
This is the first book that INSOL International has published that covers tax issues. We have accepted that in most countries tax issues and tax treatments change constantly and that tax laws are changing sooner than some of the other laws. We decided however not to be deterred by these constant changes and move on to produce this book as INSOL’s objective was wider. The book aims to provide practical guidance to insolvency practitioners who are dealing with restructuring financially distressed companies, about the tax position of a country before they consult the tax experts in those countries.
The first part of the book deals with the general insolvency considerations of a country and the latter part deals with the more specific tax issues. Each country chapter therefore has an interesting collection of information that cover the insolvency laws and guidelines that will be applicable in a restructuring, and also tax issues such as debt forgiveness, debt-for equity swap or debt for debt swaps in restructuring plans. It then covers the various tax considerations that affect plans and discusses the practical difficulties that may be encountered and how they may be dealt with or avoided.
Copies of this publication are available for £100 plus postage and package.
Please contact Jelena Sisko at INSOL International to order a copy email@example.com
If you have any queries please do not hesitate to contact me
The idea that led to this publication was first discussed by the "Smaller Practice Issues Committee" of INSOL International in
order to provide its members with a practical guide illustrating the rights (and obligations!) of creditors within the most important insolvency systems around the globe. This publication, while focusing on the position of creditors, also offers a short introduction into the structure of the insolvency proceedings in respect of the
countries that are covered in this publication.
Each article is structured based on a template of questions as far as this is actually possible in consideration of the great differences
that mark the various proceedings around the world. This allows an easier and more immediate comparison between the
position of creditors in the different countries.
The cost of this publication is £100 plus postage and package
To order a copy please email firstname.lastname@example.org ISBN: 978-1-907764-13-4