Combatting tax abuse by making regulations stricter has become a permanent feature of changes in legislation that traditionally apply to taxpayers from the beginning of a new year. This is the purpose behind the introduction, starting from 2019, of the obligation (applying to both legal/advisory financial businesses and their clients) to report tax arrangements (known as the Mandatory Disclosure Rules or MDR) and the change in accounting for withholding tax (WHT) based on preferential rates, consisting in introducing the obligation to recover this tax after it has been paid. The introduction of the so-called exit tax, in turn, is to discourage taxpayers from transferring their businesses outside Poland.
Its aim is to enhance development and competitiveness of start-ups. P.S.A. as legal form easy to incorporate, run and dissolute is among others dedicated to small technological firms demanding freedom and flexibility in running business. Incorporation and running of P.S.A. is to be simpler, faster and cheaper than other companies.
The Spanish government has adopted a range of contingency measures to prepare for the event of the United Kingdom leaving the European Union without an agreement on March 30, 2019. They are temporary measures approved through Royal Decree-Law 5/2019, of March 1, 2019. In this article we discuss the ones relating to employment and social security, to judicial cooperation in civil and commercial matters, to financial services, and to customs.
The Court of Justice of the European Union (CJEU) has rendered two judgments that bring significant elements for interpreting the Parent Subsidiary Directive (PSD) and the Royalties and Interest Directive (RID). Both judgments were rendered on February 26, in joined cases C-116/16 and C-117/16 and joined cases C-115/16, C-118/16, C-119/16 and C- 299/16.
In this month's newsletter, we take a look at how artificial intelligence tools can assist in international arbitration with predicting behaviors, analyzing information or gauging the outcome of a dispute. We also round up in this issue all the recent news in the field of international arbitration by geographic area.
On January 11 2019 the EUIPO’s Cancellation Division revoked European Union trademark 62.638 BIG MAC, filed in 1996 by the famous fast-food chain McDonald’s. Although the mark had been registered since 1998, in April 2017, the Irish fast-food chain Supermac’s filed an application for revocation of the trademark BIG MAC due to non-use, based on article 58.1 of the European Union Trademark Regulation.
As of January 1, 2019, several amendments to Polish tax law are expected. Transfer pricing is subject to a number of new regulations which will apply to profits (losses) earned starting on January 1, 2019. The details of those amendments are as follows.