Contemporary Enquiry on Cryptocurrency Landscape in the UAE
Cryptocurrency, Blockchain and Smart Contract for a Layman & A Contemporary Enquiry on Cryptocurrency Landscape in the UAE.
Covid-19 Update On Credit Cards Payment In UAE
As the world keeps on responding and adjusting to the well-being, social status, monetary difficulties welcomed on by the quick spread of corona virus illness 2019 (COVID-19), organizations are confronting difficulties and dangers, while attempting to ensure the wellbeing and prosperity of their workforce.
The Romanian draft law on 5G technology under strong criticism from both public authorities and private stakeholders
The Draft law on the adoption of certain measures concerning informatic and communications infrastructures of national interest and the conditions for deployment of 5G networks (the “5G Draft Law”)[1] initiated by the former Ministry of Transportation, Infrastructure and Communications (“MTIC”)[2] has undergone a new series of examinations from the relevant public authorities as part of …
GDPR decisions – March 2021
Decision delivered in France may greatly impact the option of legally using European subsidiaries with parent companies in the USA for hosting of data.
Amendments to the Prevention of Money Laundering Act 2021
On the 9th of April 2021, Act XV of 2021 came into force with the aim to amend The Prevention of Money Laundering Act (PMLA) being Chapter 373 of the Laws of Malta. The aim of such amendments is for Maltese legislation to comply further with European Union law.
Cyprus enacts the 5th Anti Money Laundering Directive Introducing Crypto Assets
The enactment of the 5th Anti Money Laundering Directive via amendment of Law 188(I)/2007 constitutes the introduction of mandatory crypto assets regulation in Cyprus. In light of further emerging national and European regulation, a balance should be struck between initiative and consistency.
Signing and Closing in Mergers and Acquisitions (M&A)
Negotiations of business acquisitions are often complicated and drawn out. After successful contract negotiations, the parties are usually keen to complete the business purchase quickly. However, due to the complexity of such transactions, it is common practice that the actual economic transition takes place with a significant delay after the date of the signing of …
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New regime of broadcasting rights regarding the Portuguese professional football leagues
On 23 March 2021, the new legal regime regarding the ownership of broadcasting rights of the 1st and 2nd football leagues came into force (Decree-Law no. 22-B/2021, of 22 March).
Foreign companies doing business in Ukraine in 2021: tax issues to consider
In the middle of 2020, significant tax reform was introduced in Ukraine. The newly adopted changes aim at implementing the BEPS plan into Ukrainian legislation and can influence significantly the presence of foreign business here.
Recent Decision Involving Business Profits vs. Royalties Characterization under the US-Korea Tax Tree
Lee & Ko Tax Group is pleased to distribute this Tax Alert Newsletter to our clients and friends of an important tax case recently decided by the Seoul Administrative Court (2019Guhap70643, February 5, 2021) involving certain payment for the purchase of software by a Korean subsidiary to its US parent. This case appears to disagree …