Significant amendments to Austrian Competition Law – Part I (Overview)
On 6 April 2017, the Austrian Parliament adopted significant amendments to Austrian competition law, as set forth in the Austrian Cartel Act ("KartG") and the Act on the Austrian Federal Competition Authority ("WettbG"). The amendments concern three main areas: (i) implementation of the EU Damages Directive; (ii) introduction of an additional transaction value test in merger control; …
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ECJ Allows Prohibition of Headscarves at Workplace
Employers may prohibit their employees from wearing Islamic headscarves and other religious or political symbols, subject to certain conditions. On 14 March 2017, the European Court of Justice (the "ECJ") adopted a corresponding ruling in Luxembourg and decided on two cases in this respect, one dealing with a receptionist from Belgium and the other with …
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Slovenia Adopts New State Aid Legislation
Slovenia adopted a new law regulating rescue and restructuring state aid, which entered into force in mid-February. When notified to the European Commission as a state aid scheme, it will allow the Republic of Slovenia to support companies and cooperatives in difficulty without having to notify support mechanisms in accordance with the provisions of the …
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أصدر حضرة صاحب السمو الشيخ تميم بن حمد آل ثاني
أصدر حضرة صاحب السمو الشيخ تميم بن حمد آل ثاني، أمير البلاد المفدى اليوم، القانون رقم "4" لسنة 2017، بتعديل بعض أحكام قانون العقوبات الصادر بالقانون رقم "11" لسنة 2004م. Read more…https://goo.gl/GGoNtU sharq_law_firm_newsletter_26_arabic_march_12_2017
Tax Deductibility of Penalties and Surcharges
4 Apr 2017 at 04:00 / NEWSPAPER SECTION: BUSINESS Tax Deductibility of Penalties and Surcharges What would you do if one day a government body issued a ruling that set aside a guideline you were required to comply with, and another day it issued another ruling requiring you to do a different thing, potentially exposing you …
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Specifics Of Remote Labor Legislation And Application Practice In Kazakhstan And Russia
Remote work has already got popular with lawyers, translators, IT specialists, etc. It brings a host of advantages to both employees and employers. Employees can enjoy a more flexible work regime, combining labor and personal duties, and employers, in turn, can cut expenses associated with the lease of premises and organization of workplaces. SPECIFICS OF …
Individual Tax Rulings Now Possible in Moldova – And They’re Binding!
What previously was impossible and not foreseen by local legislation is now possible. Starting 1 January 2017, the Tax Code of Moldova (the "Tax Code") was amended by Law 281/2016 to include a separate norm (Art. 136¹) on individual tax rulings ("ITR") for the benefit of entrepreneurs. Within the limits of its scope and in …
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Expedited Procedure Rules part of the new ICC Rules
On March 1, 2017, the amendments to the ICC Rules entered into force. Among different changes, maybe the most noticeable ones relate to the introduction of the Expedited Procedure Rules (hereinafter: the Rules), now contained in the new Article 30 of the ICC Rules and the new Appendix VI.
New tax rulebooks in Serbia – trend of increased taxation of foreign legal entities
Upon recent amendments of the Law on Value Added Tax in Serbia (the “VAT Law”), the Ministry of Finance adopted several accompanying secondary pieces of legislation:
Serbia: Regulation on the Terms and Conditions for Attracting Direct Investments
The Regulation on Terms and Conditions for Attracting Direct Investments (“Official Gazette of the Republic of Serbia”, no. 110/2016) has come into force on 1 January 2017. The Regulation introduces certain changes in regards to public invitation, grounds and conditions for the allocation of funds in respect of the investment projects.