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Value-added tax (“VAT”) is a general tax on consumption that is levied on the value added to goods and services at each stage in the production and distribution chain and is borne ultimately by final consumers. Read More »
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Social Security for Expats in China
February 15, 2012
As of 15 October 2011, all expats in China are formally required to participate in China’s social insurance policy. In this article, Kristie Tien gives an in-depth insight into the new policy, as well as the impact it has on all foreigners living and working in China. Read More »
Tobacco advertising in Greece: The route to a complete ban!
February 10, 2012
Advertising of tobacco products has been gradually prohibited in Greece, in conformity with EU Directives and the World Health Organization Framework Convention on Tobacco Control (WHO FCTC). Read More »
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by: metaxopoulos
in Greece, IP-IT law
New anti-tax evasion measures annouced
February 10, 2012
The New Belgian government has recently announced a series of new proposed legislative measures designed to reinforce its powers to fight against tax evasion. Read More »
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by: CEW & Partners
in Belgium, Tax law
Public procurement in Romania – New developments (II)
February 10, 2012
We are continuing the presentation, in brief, of some of the new amendments and modifications to the GEO no.34 from 2006 on the award of public procurement contracts, public works and services concession contracts, Read More »
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The Maltese Family Office – a Buttress to Successful Family Governance
February 10, 2012
With its ever-growing reputation as an interdisciplinary financial services centre, Malta is establishing itself as an attractive jurisdiction for family business governance. Financial services practitioners Read More »
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by: EMD Advocates
in Corporate law, Malta
Judge prohibits further steps in appointment of Louis van Gaal at Ajax
February 7, 2012
On 7 February 2012 the Appeal Court of Amsterdam made a decision in the appeal that Ajax had filed against the decision from the interlocutory court Read More »
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The new gaming legislation in Denmark
February 6, 2012
On January 1, 2012 the new Danish Gambling Act came into force. With this act the Danish market of games is legalized, as the monopoly of Danske Spil A/S (Danish Gaming A/S) is repealed in certain respects. Read More »
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Amendments to the Luxembourg law relating to specialised investment funds
February 6, 2012
On the 12th of August 2011 a government bill (Projet de loi n° 6318) was put forward in Parliament, the purpose of which is to modify the Law of the 13th of February 2007 relating to Specialised Investment Funds (hereinafter “SIF Law”) Read More »
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by: Tabery & Wauthier
in Corporate law, Luxembourg
Reference drug patent infringement: can new law stop generic drug approval?
February 6, 2012
Last month Portuguese lawmakers enacted new measures to protect the intellectual property (IP) rights of reference drug manufacturers: Law No. 62/2011, of 12 December (hereinafter, the “New Law”), institutes compulsory arbitration for drug patent and supplementary protection certificate issues. Read More »
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A landmark decision on the independence of arbitrators and the client-attorney relationship
February 6, 2012
By a decision of November 2, 2011 the Reims Court of appeals has clarified the position of French arbitration law on two important questions concerning the independence of arbitrators, namely : Read More »
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A right or legitimate interest in a domain name which contains someone else’s trademark.
January 27, 2012
A right or legitimate interest in a domain name which contains someone else’s trademark. A claim for transfer of a domain name can be lodged via a so-called UDRP (Uniform Dispute Resolution Policy) procedure. Read More »
Price cuts and public discounts in the Turkish pharma industry
January 27, 2012
One of the most controversial developments in the Turkish pharma industry, in 2011, has undoubtedly been the increase in public discounts of reimbursement and decrease of prices of pharmaceuticals. Read More »
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Public procurement in Romania – New developments (I)
January 27, 2012
The Government Emergency Ordinance no. 34/2006 on the award of public procurement contracts, public works and services concession contracts (“GEO no.34/2006”) was amended and modified by Law no.279/07.12.2011, published in the Read More »
Reduced VAT rate on e-books sold from Luxembourg
January 27, 2012
Many EU member states apply zero or reduced VAT rates to paper publications. On the contrary, they charge the standard rate of VAT on e-books, subscription news websites or other electronic media which may be seen as “close substitutes” to such printed material, Read More »
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by: Tabery & Wauthier
in Luxembourg, Tax law