Reporting of cross-border transactions (DAC 6) – Portuguese legal framework in force

Last week Law No. 26/2020, of 21 July (Law 26/2020) was finally published, transposing into Portuguese legislation Council Directive (EU) 2018/822, of 25 May 2018 (DAC 6). DAC 6 foresees new mandatory disclosure rules regarding certain cross-border mechanisms based on objective characteristics (hallmarks).

Related briefings

Antitrust Review 2021 – Portugal

This article summarises the legislative developments and the main investigations carried out during 2019 by the Portuguese Competition Authority (PCA).

Antitrust review 2021 for Mozambique

The competition framework was introduced in Mozambique in 2013 and has, since then, been completed and complemented by a few legislative acts. Even though the new framework mirrors, to a large extent, EU and Portuguese competition law, it remains to be seen how its provisions will be interpreted and effectively implemented by the Competition Regulatory Authority. The first steps towards the operationalisation of the competition enforcer were taken in April 2020, when the Mozambican government appointed Mr Júlio João Pio as President of the Board of the Competition Regulatory Authority.

Equatorial Guinea – Law on tax incentives

On 7 July 2020, the Parliament passed Law 1/2020, setting forth tax incentive-related measures applicable to all taxpayers, resident and non-resident individuals and companies with tax debts towards the State of Equatorial Guinea.

Angola: amendments to the personal income tax code

Law no. 28/2020, of 22nd July, 2020, approved several amendments to the Personal Income Tax (“PIT”) Code. Among the several amendments, we highlight the following: • Taxable Base • Broadening of the taxable base to all rights, benefits and pecuniary or financial advantages earned by employees or service providers, work related and not included in […]

Antitrust review 2021 for Angola

This article summarises the recently adopted Angolan competition regime. Driven by the President of the Republic’s wishes to establish a fully fledged market economy, and by certain incentives of the International Monetary Fund, it was introduced in 2018, and has since been completed and complemented by several subsequent legislative acts. Even though the new framework mirrors, to a large extent, EU competition law, it remains to be seen how a few of its unclear provisions will be interpreted and effectively implemented by the Competition Regulatory Authority (CRA), which has been up and running since 2019.

Latest Briefings

Recent changes to planning: an overview

There have been several changes to the planning system in recent months, reflecting the response to Covid-19 and most recently in support of the Prime Minister’s evocation to ‘build, build, build’.

‘No DSS’ no longer

The Department for Social Security or more commonly referred to as ‘DSS’, was the government department responsible for providing benefit payments. The department was however replaced in 2001 by the Department of Work and Pensions. In the case of Rosie Keogh v Nicholas George Ltd, the complainant contacted a local letting agent regarding a property […]

Swiss Federal Supreme Court follows the practice of EPO’s Board of Appeal on singling out

In a recent decision (4A_613/2019, 11 May 2020), the Swiss Federal Supreme Court (Supreme Court) followed the practice of the Board of Appeal of the European Patent Office (EPO) as it held that the singling out of single features from two separate lists of features and therefore the combination of these  two specific features constitutes an extension of the subject-matter of the patent application leading to its nullity.

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