Tax Alert – the Korean Ministry of Economy and Finance Announces 2022 Tax Amendment Proposals
On July 26, 2021, the Ministry of Economy and Finance announced the government’s tax amendment proposals for 2022 (the Proposals). The Proposals are intended to (i) encourage economic recovery from the COVID-19 pandemic, facilitate job creation and drive the growth of industry sectors that will boom in the post-COVID era; (ii) reduce the economic inequality …
Purchase Price Provisions in M&A Transactions
One of the most important areas of regulation in the acquisition of a company is the purchase price provisions. This is an extremely complex issue in which various aspects have to be considered. In addition, the opposing perspectives of buyer and seller have to be reconciled. In this respect, various basic models and approaches have …
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Viewers and Influencers Beware
Some of us may have noticed little tags “partnership”, “sponsored”, “advertisement”, “collaboration” with the posts of our favourite social media influencers. This addition is due to the new Advertising Standards Council of India (ASCI) Guidelines for Influencer Advertising in Digital Media. Ever since the world got engulfed in the Covid-19 pandemic, the manner of buying …
REGULATION OF THE LEGAL FRAMEWORK FOR CYBERSECURITY
The regulation of the Cyberspace Security Legal Framework was published, with impact on operators of critical infrastructures and essential services, digital service providers and the Public Administration.
AMENDMENTS TO THE CIVIL CODE
Decree-Law No. 2/2021, of 9 August – Amends articles 377, 714, 875 and 1143 of the Civil Code, approved by Decree-Law No. 47344, of 25 November 1966.
ANACOM DECIDES ON THE INTERNET SOCIAL TARIFF
Most relevant aspects of ANACOM’s draft decisions in the context of the regulation of the social tariff for supplying broadband Internet access services.
NEW INTERNET SOCIAL TARIFF
Most relevant aspects of Decree-Law No. 66/2021 of 30 July, which creates the social tariff for supplying broadband Internet access services (“Internet Social Tariff”).
ENACTMENT OF THE ZLT FRAMEWORK ACT – TECHNOLOGICAL FREE ZONES
The testing and trial of technology-based innovative technologies, products, services and processes now benefit in Portugal from an innovative, structured and cross-sector approach, as approved by the legal framework for the creation of the so-called Technological Free Zones (ZLTs), which aim to facilitate and streamline the development of new products and systems with higher added …
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AMENDMENT TO THE REGIONAL REGIME OF SPACE ACTIVITIES – REGIONAL LEGISLATIVE DECREE NO. 24/2021/A
The first amendment to the licensing regime for space activities in the Autonomous Region of the Azores (“RAA”) was published on July 22nd as approved by Regional Legislative Decree No. 9/2019/A of 9 May.
PORTUGUESE COMMUNICATIONS AUTHORITY APPROVES DRAFT REGULATION ON THE SUB-ALLOCATION OF NUMBERS
Approval of a Draft Regulation on the sub-allocation of numbers from the National Numbering Plan The Portuguese national regulatory authority for the electronic communications sector, Autoridade Nacional de Comunicações (“ANACOM”), approved, on June 24th 2021, a Draft Regulation on the sub-allocation of numbers form the National Numbering Plan (hereinafter “Draft Regulation”), only available in Portuguese …