A change in situation

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Latest Briefings

Customs regulations mainly related to transit procedures amended

By Branimir Rajšić In January 2019, a new Regulation for the Implementation of the Customs Law in Montenegro (“Regulation”) has entered into force. The most significant changes relate to transit under TIR and ATA carnets. There is a new strict method of conducting the movement check for such goods, documents that should be provided to […]

North Macedonia: latest amendments to the tax legislation

By Branimir Rajšić New Law on Personal Income Tax The new Law on Personal Income Tax (“PIT Law”), applicable from 1 January 2019, abandons the “flat” tax rate and introduces progressive taxation. Besides a tax rate of 10%, the new PIT Law envisages a tax rate of 18% and 15%, applicable to different types of […]

Arm’s Length Interest Rates for 2019 Published

The Ministry of Finance issued the rulebook where it prescribed arm’s length interest rates for 2019. The practice of rate decreases and the consequent decrease of tax-deductible expenses is continued. Under the rulebook, the arm’s length interest rates for loans provided to Serbian companies are as follows: 4.98% for short term loans in RSD, 5.69% for long term loans […]

Slovenian tax consultants should report cross-border arrangements from 2020

By Branimir Rajšić The proposed amendment to the Slovenian Tax Procedure Act, implementing the Directive 2018/22 on the automatic exchange of information, sets out new rules for reporting on information related to certain cross-border arrangements of the companies to the Financial Administration of the Republic of Slovenia (“FURS”). According to the proposed amendments, Slovenian tax consultants or […]

The new Serbian data protection law – everything you wanted to know but were afraid to ask

On 21 March, Karanovic & Partners held the “New Serbian Data Protection Law – Everything You Wanted to Know but Were Afraid to Ask” presentation at our Belgrade office. The event was attended by over 70 representatives from leading Serbian companies, as well as legal and HR professionals. Partner* Goran Radošević and Senior Associates* Sanja Spasenović and Milica Filipović, lawyers […]

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Unison sues successfully for social worker

Northumberland County Council has been successfully sued in the High Court by senior social worker John Walker. Unison solicitors, acting for Walker, claimed that an impossible workload, lack of staff and refusals to provide back-up by the council led to a stress-induced nervous breakdown. The High Court ruled the council was liable to damages for […]

EU considers limits on fund investment

The European Union is considering a draft communication on the movement of funds and investment services. This would declare illegal certain national restrictions limiting pension fund investment overwhelmingly to local bonds and managers.

EC RENTAL DIRECTIVES

For people in the film and television industry a sense of concern is growing over the potential impact of the EC Directives on Copyright Term and Rental Rights. Both directives are set to change the complexion of the industry in substantial ways, with the Copyright Term Directive not only extending the period of protection for […]

Barrister slams 'mean' tariffs

BARRISTER Robert Latham has called on the Home Secretary to drop his plans for a criminal injuries tariff system and restore the old system of compensation. Speaking at last week’s annual Victim Support meeting, Latham, head of chambers at 1 Pump Court, said that the new system was “mean” and “unfair”, and had been “introduced […]

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