The P2B Regulation: New requirements for OISPs and Online Search Engines as of July 2020
There is no denying that, perhaps now more than ever, online platforms offer incomparable access to cross-border markets. The increasing reliance of businesses on online platforms has led to a shift in the online marketplace, creating new dependencies and imbalances of power. Until recently, although platforms were subject to a myriad of different and piecemeal …
Law on Tax Incentives in Equatorial Guinea
On 7 July 2020, the Parliament passed Law 1/2020, setting forth tax incentive-related measures applicable to all taxpayers, resident and non-resident individuals and companies with tax debts towards the State of Equatorial Guinea.
Amendments to the Personal Income Tax Code in Angola
Law no. 28/2020, of 22nd July, 2020, approved several amendments to the Personal Income Tax (“PIT”) Code.
Reporting of cross-border transactions (DAC 6) – Portuguese legal framework in force
Last week Law No. 26/2020, of 21 July (Law 26/2020) was finally published, transposing into Portuguese legislation Council Directive (EU) 2018/822, of 25 May 2018 (DAC 6). DAC 6 foresees new mandatory disclosure rules regarding certain cross-border mechanisms based on objective characteristics (hallmarks).
Angola – Amendments to the industrial tax CODE
Law no. 26/2020, of 20th July, 2020, approved several amendments to the Industrial Tax Code, which have a huge impact not only on the Angolan resident companies, but also on all foreign entities providing services to Angolan clients.
P2B REGULATION
On 12 of July, an important regulation which sets new rules in the context of e-commerce entered into force: the Regulation on Promoting Fairness and Transparency for Business Users of Online Intermediation Services (Regulation (EU) 2019/1150 of the European Parliament and of the Council of 20 June 2019) (“P2B Regulation”). The main objective of the P2B …
Court of Justice of the European Union invalidates UE-US Privacy Shield (Schrems II case)
On 16 July 2020, the Court of Justice of the European Union (CJEU) issued a landmark ruling on the Schrems II case (Case C-362/14). As expected, CJEU decided on the invalidity of the EU-US Privacy Shield, one of the mechanisms used by organisations to transfer personal data to the USA. In its judgment, the CJEU also noted …
Use of Drones in Ecommerce Deliveries in India
Authored by Arjun Anand, Partner and Utkarsh Nigam, Associate– Singhania & Partners LLP E-commerce companies have become very popular in India and the industry is growing at a good rate. These companies are finding different ways of being innovative and efficient in their business approach and one such example that companies are exploring is quick …
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The Crack In The Dominant ‘Asian’ Armour – India’s Moment To Seize The Day
While a large number of infamous astrologers, psychics and crystal ball predictors try to weave a cause, effect and continue to provide us with timelines for the finalities of COVID 19 – Not a single person in this world had been able to predict that a virus would be able to shut us down both …
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GDPR decisions – June 2020
Publication of club magazines from the early 1980s found lawful On 16 June 2020, the Danish Data Protection Agency (DPA) decided in a matter in which a citizen had complained about a sailing club that had posted three club magazines from 1981 and 1982 on the internet, thereby revealing information on the name, former address, …