No Smoking: After a long battle in Parliament, the Czech Republic finally adopts smoking ban
One last hurdle – the signature of Czech President Miloš Zeman –before the so called Anti-Smoking Bill enters into force on 31 May 2017. On 19 January 2017, the Senate of the Parliament of the Czech Republic approved the government bill of the Act on Protection from the Harmful Effects of Addictive Substances (the "Bill"), which is due …
Legal interest rate for 2017 fixed at 2% per year
Since 1 January 2017 the legal interest rate decreased from 2.25% to 2%. In fiscal matters and in matters involving the National Office for Social Security (NOSS) the rate remains 7% for now.
Licence To Skill – An Outline Of Malta’s Regulation Of Skill Games
Gambling, from a legal and policy perspective, has been consistently defined by reference to the constitutive elements of involving a monetary consideration, an element of chance, and a prize having some inherent value. Although definitions can vary significantly from one jurisdiction to another, the general consensus has been that a game or scheme that requires …
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10 Questions Investors Need to Ask Before Investing in the Philippines
(1)What are the different forms of investment one can use? This is critical and fundamental because each form has its own characteristics, requirements, advantages and disadvantages that may affect or influence one’s decision in determining which form best suits the business to be established or investment to be made. Read more…
Geothermal Transparency Guide
SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) contributed the Philippine chapter of Icelandic law firm BBA’s handbook called the Geothermal Transparency Guide. The publication is intended to provide an overview of the legal and regulatory framework governing exploration, exploitation and production of electricity from geothermal resources. The Philippine chapter was contributed by SyCipLaw partners Hector M. de …
FAQs on Foreign Investments in the Philippines
Here are some frequently asked questions (FAQ) on investing in the Philippines, such as choosing the right corporate vehicle, the allowed areas of investment, tax incentives, and other key information: Read more…
7 February 2017: TPF closes private offering and bank financing
Transports publics fribourgeois Trafic (TPF TRAFIC) SA closed the financing of its maintenance and exploitation centre in the canton of Fribourg. The financing was partly made through a CHF 40 mio. private placement, a CHF 32 mio. secured bank loan and a CHF 55 mio. unsecured bank loan.
New measures to improve well-being and business opportunities
7 Feb 2017 at 04:00 / Newspaper section:Business New measures to improve well-being and business opportunities This year has started with some legislation aimed at improving tax treatment and allowances to enhance the well-being of people in general, and to add to Thailand's charm as a target for business investors.
Common Reporting Standards – a practical review. (CRS)
>A. INTRODUCTION The Common Reporting Standard (CRS) has been initiated by the Organization for Economic Cooperation and Development (OECD) aiming at improving international tax compliance and preventing tax evasion, through the automatic exchange of information between the countries that implement CRS. The participating countries are listed in Appendix I.
Changes in tax laws in Serbia – New duties for foreign legal entities
The Law on Amendments to the Law on Value Added Tax (hereinafter: Law on VAT), the Law on Amendments to the Law on Tax Procedure and Tax Administration (hereinafter: Law on Tax Procedure), and the Law on amendments to the Law on Excise Duties (hereinafter: Law on Excise Duties) were published in the Official Gazette …
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