New Tax Measures: Art Pieces and e-Donation
The Thai government has recently introduced new tax measures that reflect its dual commitment to digital transformation and the promotion of Thailand’s soft power through art.
Thailand’s Legal Reversal on Cannabis: Restriction to Medical Use Only
Cannabis Re-Criminalization in Thailand: A Legal Overview Thailand has experienced significant legal transformation concerning cannabis regulation in recent years. Once categorized under stringent narcotic laws, cannabis moved through phases of decriminalization and, as of June 26, 2025, has now been officially re-criminalized. This article provides a structured analysis of the legal landscape surrounding cannabis in …
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Thailand’s 2025 Digital Asset Tax Reform: Key Implications for Investors and Platforms
On June 17, 2025, the Thai Cabinet approved a major tax measure aimed at promoting Thailand as a leading digital asset hub in the world. This reform introduces a clear and strategic fiscal incentive designed to stimulate investment, attract digital asset platforms, and enhance Thailand’s competitive position in the global crypto economy. With growing regional …
HURDLES IN THE DESCENT AND LANDING OF JOLCO STRUCTURES IN INDIA
Introduction Japanese operating lease with call option (“JOLCO”) is a financing structure that enables airline companies the ability to expand their fleet and optimize capital efficiency. JOLCO combines the benefits of an operating lease with the flexibility of a purchase option at the end of the lease term. Under JOLCO, a Japanese special purpose company …
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A Landmark Ruling: Redefining Family and Parenthood in Hong Kong
Hong Kong’s Court of First Instance recognizes the parental rights of same-sex couples, challenging outdated laws and prioritizing equality and children’s rights
Enforcement Penalty Regime for Failure to Comply with Request for Documents in Tax Audit: Key Implications for Taxpayers
Effective September 15, a new provision of the Framework Act on National Taxes (“FANT”) will authorize the Korean tax authorities (“NTS”) to impose an enforcement penalty on taxpayers who, without justifiable cause, do not provide requested information and documents during an audit (“New Enforcement Penalty Provision”).
Violation of Military Registration Rules: Does the “Reserv+” System Work for Paying Fines?
Recently, the Ministry of Defense of Ukraine announced the possibility of paying fines for violations of military registration rules via the “Reserv+” system. But does this service work for all types of violations and can it be used for remote fine payments?
Understanding The Legal Weight Of Your Term Sheet
In the realm of commercial transactions, a term sheet often functions as a crucial stepping stone – establishing the foundation of a proposed deal. As a roadmap for future definitive agreements, a term sheet captures the parties’ preliminary intentions and commercial understanding. That said, when a term sheet has a blend of binding and non-binding …
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Key Legal Developments in Kosovo – 2024 Overview
Key Legal Developments in Kosovo – 2024 Overview By Lex Business Law Firm Legal 500 Leading Firm in Kosovo In 2024, Kosovo adopted several important legislative changes in areas including taxation, public administration, property rights, energy, investment, and financial regulation. The following is a summary of the main updates relevant to the regulatory and business …
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Online Gaming in India: Opportunities and Challenges Under the Promotion and Regulation of Online Gaming Act, 2025
Introduction: In today’s digital age, gaming—like any other form of entertainment—has become readily accessible at our fingertips. While playing for recreation is harmless, in some cases excessive gaming can lead to addiction, financial losses, and even serious mental health concerns such as anxiety and depression. This raises an important question: where does one draw the …