Korean Tax Law Adopts New Simplified Transfer Pricing Rules relating to Low Value-adding Intra-group Services
With the recent pre-announcement of a draft amendment to the Enforcement Decree of the International Tax Coordination Law (“EDITCL”), Korean tax law is expected to adopt simplified transfer pricing requirements relating to “low value-adding intra-group services”, as laid out in Action 10 of the OECD BEPS Report.
IFRS17 and K-ICS – A Year in Review for 2019 and Proposed Amendments to the Insurance Business Act for Co-Insurance in 2020
In the ramp-up to 1 January 2022 with the implementation of the International Financial Accounting Standards 17 (“IFRS17”) as published by the International Accounting Standards Board (“IASB”) which replaces the earlier IFRS 4 accounting standards in conjunction with the roll-out of the Korean-Insurance Capital Standards (“K-ICS”) as announced by the Financial Supervisory Service of Korea …
Breaching public procurement rules axes fast-ferry tender
September 2019
What All You Should Know About Bankruptcy Law Of UAE?
What All You Should Know About Bankruptcy Law Of UAE?
GVZH’s newest venture: Ewropa Consultancy Services Limited, approved as a Registered Service Provision
GVZH’s newest venture: Ewropa Consultancy Services Limited, has just been approved as a registered Service Provider under the Consultancy Services Grant Scheme pursuant to the Expression of Interest for Service Providers issued by the Measures and Support Division.
DIFC Workplace Savings Scheme (with effect from 1 February 2020)
On 14 January 2020, the Employment Law Amendment Law (DIFC Law 4 of 2020) and the Employment Regulations (the Amendment) were enacted. The Amendment introduces a new mandatory workplace savings scheme, which replaces the current end-of-service gratuity regime. The new scheme commences on 1 February 2020.
What If It Was Your Fault In A Personal Injury Claim?
Legal jurisprudence around the world confirms the fact that compensation is payable in the act of negligence and breach of duty of care.
Are You A Victim Of Domestic Violence?
UAE law considers domestic violence a serious felony and the damage incurred by the other person can have serious consequences on their daily life or routine.