The Constitutional Court has held unconstitutional a provision in a law passed by the Catalan parliament which, if a loan secured with a home is sold to a third party (a fund usually), allowed the debtor to be released from their debt by paying the buyer out of the debt only the price the buyer had paid (plus the statutory interest and costs caused by the claim).
It was published today the Regional Legislative Decree no. 1/2019/M, approving the increase of the minimum monthly wage in the Autonomous Region of Madeira.
Parliament Resolution no. 23/2019, was officially published, which approves the Double Taxation Agreement between the Portuguese Republic and the Republic of Angola for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income, signed in Luanda on 18 September 2018.
Due to the strike currently taking place by the personnel of the public entity Gestión Recaudatoria de Canarias, S.A. (GRECASA), which may make it impossible to file tax returns and self-assessments on time, the Tax Department of the Canary Islands government issued an Order on January 25, 2019, extending the period for filing the returns for taxes levied by the Canary Islands Autonomous Community.
On February 2, 2019, the Spanish government published Order TMS/83/2019, of January 31, 2019, implementing the statutory provisions on contributions for social security, unemployment, and business income protection, to the wage guarantee fund, and for vocational training, effective as from January 1, 2019.
On January 22, an environmental protection bill came before the Chilean Congress that would set stiffer penalties for environmental crimes and grant the Chilean environmental authority more oversight and prosecution powers.a
As from January 9, 2019, the new maximum monthly base for calculating health, retirement and occupational accident and professional illness social security contributions stands at 79.3 Unidades de Fomento (UF) (US $3,250). The new maximum monthly base for unemployment insurance for 2019 was set at 119 UF (US $4,900).
Now that the amendments to the implementing regulations for the Peruvian Government Contracts Law have been published, the countdown starts for the entry into force of the law’s new provisions.
Ordinance no. 49/2019, of February 8, was published today in the official gazette, foreseeing the coefficient values to be used to update the annual remuneration to be considered for the purposes of determining the reference remuneration that serves as the basis for calculating invalidity and old-age pensions.
Ordinance no. 50/2019, of February 8, was published today in the Official Gazette, foreseeing the age to accede the regular retirement pension in the Portuguese general social security system for 2020.