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In its judgment of February 27, 2018, the Supreme Court analyzed whether the tax authorities could deny the application of a reduced rate or exemption in tax on oil and gas products where what is being challenged is not the use of the products but the breach of the formal requirements established by the Law and Regulations to be able to take those incentives.
03-09-2018 ViewpointBrexit and the end of the transition period: insolvency and pre-insolvency impacts from December 31, 2020 onwards
On February 28 last the European Commission published the Draft Agreement on the withdrawal of the United Kingdom from the European Union (“EU”). This draft, based on the Joint agreement submitted by the the negotiators of the EU and the United Kingdom on December 8, 2017, will set the tone for the future negotiations between the Union and the United Kingdom.
The highest administrative Court in Colombia -the “Consejo de Estado”- recently annulled several important rules regarding Cooperative Work Associations -known in Colombia as Cooperativas de Trabajo Asociado. Through a Decision emitted on the 19th of February, 2018, the Court declared articles 2, 4 -paragraphs first and third-, 5, 9 and 10 of Decree n°. 2025 of 2011 to be null and unenforceable.
Labor Newsletter - March 2018
02-28-2018 AlertsThe Supreme Court makes an unexpected change to the legal treatment of executive directors’ compensation
In its judgment of February 26, 2018, the Supreme Court modified the interpretation given by most experts and authorities and by the Directorate-General of Registries and the Notarial Profession in its decision dated June 17, 2016, ratified by the Barcelona Provincial Appellate Court in its decision 295/2017 of June 30, 2017, on the regulation of executive directors’ compensation.
The European Union has one of the safest legal frameworks in the world, thanks mainly to the Cosmetics Regulation (Regulation (EC) No. 1223/2009 of the European Parliament and of the Council of November 30, 2009). The purpose of the Regulation is twofold. Firstly, it aims to increase the safety of these products in order to ensure greater protection for European consumers. Secondly, it intends to remove barriers to intra-community trade by establishing a common framework for the entire EU. With this aim in mind, composition and labelling were unified, traceability requirements were tightened up and obligations were established to report serious undesirable effects.
Environmental Newsletter - February 2018
On May 25 2016, the General Data Protection Regulation (GDPR) became mandatory, having been published in the Official Journal of the European Union three weeks earlier. The regulation established a term of two years within which members states and businesses could adapt to the new regulation and prepare for its compulsory application by 25 May 2018.
The labor unions UGT and CCOO have called a general strike on March 8, 2018, to mark International Women’s Day. The purpose of the strike is to speak out against the inequality and discrimination women face in the employment market, particularly the pay gap, the chronic problem of female unemployment, gender violence and the dearth of measures to protect victims, especially in the employment arena, and the government’s gender equality policies.
02-26-2018 NewslettersThe labour courts are competent to resolve income tax issues arising between companies and their employees
Tax Newsletter - February 2018