The international Aarhus Convention was concluded by both the European Union and its member states ('mixed agreement'). The convention lays down procedural safeguards in environmental decision-making processes. The Aarhus Convention consists of three pillars: read more...
This update discusses the recent case of CKR Contract Services Pte Ltd v Asplenium Land Pte Ltd  SGCA 24 where the Singapore Court of Appeal was asked to consider whether a clause in a construction contract between the main contractor and developer was invalid and unenforceable on the basis that it was contrary to public policy as an ouster of the jurisdiction of the court.
Significant changes to the tax regulations in the Republic of Srpska (“RS”) are expected in the coming months. On March 6, the National Assembly of RS passed amendments to the Law on Fiscal Cash Registries. In addition, Parliament approved the Government’s proposals on amendments to several important tax laws, including corporate income tax, personal income tax, social security contributions and property tax. Proposed changes to the laws governing accounting and financial audits have also been approved. These changes are intended to clarify and strengthen existing tax rules, widen the tax base and introduce more discipline in the payment of tax, but also to reduce the tax burden for businesses in order to stimulate economic growth.
Minister of Finance issued a Rulebook on the Procedures Governing VAT Exemptions
for Investors and Supply of Certain Products and Services (the “Rulebook”). The
Rulebook defines in more detail the process of VAT exemption introduced by
recent amendments to the VAT Law of Montenegro.