Portugal: The average construction value per square meter is maintained for 2024
This value of 532 euros applies to all urban properties whose Model 1 forms are delivered since 1 January 2024.
Reflecting sustainability criteria in pay is key to achieving ESG goals
An increasing number of companies are taking sustainability criteria into consideration not only in executive and director pay, but also in the pay of their staff as a whole, in order to better achieve their ESG goals. We addressed this dynamic in…
Spain: During parental leave, contributions must be paid on a minimum basis
The “Boletín de Noticias Red” publishes the criteria of the Directorate General for Social Security Organisation regarding registration and contribution obligations during the eight-week parental leave.
Colombia: Main recurring legal obligations that companies must comply – First Semester 2024
In Colombia, all companies must comply with certain corporate, tax and labor obligations during the calendar year. In this document we highlight the main obligations of the first semester of 2024.
The European Parliament approves the Directive on Greenwashing
The new European regulation, which aims to prevent unfair commercial practices, will have to continue its process before the Council of the EU for its final approval and its subsequent publication in the Official Journal of the European Union.
China’s first attempt for Advance Tax Ruling: trail implementation in Shanghai
Shanghai introduces a trial Advance Tax Ruling (ATR) system, a significant step in China's tax administration. ATR, common in countries like Spain and the U.S., allows enterprises to seek formal tax opinions on future complex tax matters, enhancing…
Annual Salary Bonus approved for bachelors and masters working in Portugal
The Salary Bonus has an annual value of between 697 euro (years for bachelor's degree) and 1,500 euro (years for master's degree) and will be paid to those who have these academic degrees and for the number of years equivalent to the ones needed to…
Portugal launches international public tender for the first phase of the Lisbon to Oporto High-Speed Railway Line
The Government of Portugal has authorized the opening of a public tender for the concession. This project, part of the National Railway Plan and the National Investment Program 2030, aims to promote decarbonization and improve the capacity of…
Tax Newsletter - December 2023
A comprehensive compilation of the main new developments in tax matters in Spain.
Portugal has approved the Voluntary Carbon Market regime
We analyse the new Voluntary Carbon Market regime and the rules for its functioning in 10 questions.
Spain: The processing of the Draft Law on the Prevention of Food Loss and Waste is resumed
The law, which proposes new requirements for all actors in the food chain, aims to encourage the efficient use of food and promote good practices.
Spain: The update of the National Air Pollution Control Programme 2023-2030 is approved
The document, which affects various economic sectors, sets a series of emission reduction targets for 2030.
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