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Disclosure pilot scheme – a step forward for legal tech in English court proceedings On 1 January 2019 a new disclosure pilot scheme will be rolled out in the English Business and Property Courts. The two-year pilot will overhaul the process for disclosing documents in litigation proceedings by replacing the ageing framework that has in l... Confounding the innovator’s dilemma If Microsoft ends the year as the world’s most valuable company, it will be the first year it closes out in the top position since 2002. And it has not been the world’s most valuable tech stock since 2010. So how did Microsoft confound the so-called innov... Tax on cryptoassets Cryptoassets (cryptocurrency tokens such as bitcoin) are now so prevalent that HMRC has set out its view of the law about how individuals should be taxed in their dealings with such assets. HMRC will publish further information about the tax treatment of ... AI and the effect on tax allocation Discussions continue at a global level on how the international tax rules should be reformed so they work adequately for today’s business models. An update on the progress of these discussions is expected by the end of January 2019, with a view to obtaini... Why algorithms need auditing When the Deep Thought supercomputer in The Hitchhiker’s Guide to The Galaxy revealed that the answer to life, the Universe and everything was 42, it raised what is becoming a more interesting question. How do computer algorithms determine answers? How do ... Has France given up on an EU digital services tax? France seems to have given up on reaching consensus on an EU-wide digital services tax, by announcing that it will introduce its domestic DST from 1 January.  Earlier this month France had said that it would give the EU until March to agree a pan-EU deal.... Fairness in Taxation - Qu'est-ce que c'est? On 9 December 2018, the French economist Thomas Piketty and others published a manifesto for a “fairer” Europe. To fund the changes proposed, the Piketty Manifesto relies on greater taxes on "big corporations" among other sources. It states that the money... The death of email One of the biggest pain points for our lawyers is the vast number of emails they receive in any one day . Many legal tech tools we see look to do away with unnecessary emails - just one sign that the end of the email may be in sight. But as the article be... Taxing international brands The UK’s proposed digital services tax is not the only new tax measure that is targeted at the modern digital economy. A second change focuses on businesses operating in the UK market that utilise valuable international brands. Corporate income tax princi... Sharing the tax cake There is public consensus that multinational businesses should pay tax on their profits. The much more difficult question is where such tax should be paid. This is currently determined by a complex matrix of international tax treaties which date back to t...