International Law Office

Latest updates

Eugenio Vaccari

Capital loss coverage postponed until 2025

Corporate & Commercial - Italy
Grieco e Associati

Pursuant to Paragraph 266 of the new Budget Law 2021, several duties relating to the mandatory coverage of company losses borne in 2020 have been postponed for five financial years, up until 2025.

Wendawn Miller-Frazer

CESRA: economic substance reporting deadline extension

Corporate Tax - Bahamas
Lennox Paton

The Commercial Entities Substance Requirements Act (CESRA) 2018 requires all legal entities registered in The Bahamas to comply with economic substance reporting by submitting an annual filing to the minister of finance.

Elena Christodoulou

Expatriate relief for lower employment income earners officially extended

Employment & Immigration - Cyprus
Elias Neocleous & Co LLC

The House of Representatives recently voted into law an amendment to the Income Tax Law which extends the 20% deduction previously available to expatriates who earned an annual gross employment income of less than €100,000 for an additional five years.

Jae-sang Lim

KIPO measures to prevent online counterfeits

Intellectual Property - South Korea
NAM & NAM

According to a Korean Intellectual Property Office (KIPO) press release, the number of reports concerning online counterfeits has increased by 204.4% year-on-year following the increase in online shopping during the COVID-19 pandemic.

Anand Shah

Revamped debenture regime – SEBI's latest amendments

Banking & Financial Services - India
AZB & Partners

The Securities and Exchange Board of India recently issued several amendments and clarificatory circulars in respect of debenture issuance in India in order to enhance the transparency of disclosures by issuers, strengthen the role of debenture trustees (DTs) and protect the interests of investors.

Ajay Bhargava

Determining arbitrability of disputes is courts' prerogative

Arbitration & ADR - India
Khaitan & Co

The Delhi High Court recently granted an anti-arbitration injunction in relation to an arbitration invoked in accordance with the terms of a family trust deed, which provided for arbitration to be governed under the aegis of the International Chamber of Commerce, by holding that disputes in relation to trusts are non-arbitrable.

OnDemand

1

Corporate and commercial: trends and issues

Corporate & Commercial / Cyprus, India, Italy

2

Open banking – revolution or risk?

Banking & Financial Services / Nigeria

3

Aviation industry trends

Aviation / Argentina, Bahamas, Brazil, France, Germany, Israel, Peru