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Latest Briefings

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 […]

Should your business invest in blockchain?

By David E Brennan Blockchain is a term that is beginning to increasingly appear in business conversations. Decision makers are starting to consider whether their businesses should invest in blockchain and how using the technology could benefit their operations. As businesses venture on journeys of digitalisation, we are seeing companies from “traditional” industries such as […]

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Five more join million-a-year club

The number of barristers earning more than £1m a year has grown by a third in the last year, according to the new Chambers & Partners directory. There are now 20 silks in the “million-a-year club”, an increase of five. Reena Sen Gupta, the directory’s editor, refuses to name those on the list, which will […]

Scott Redpath on the allocation of policyholders' final bonuses.

Scott Redpath is a barrister at Hammond Suddards. Several interesting points emerged in the recent case of The Equitable Life Assurance Society v Alan David Hyman, heard by vice-chancellor Richard Scott in the High Court.The originating summons sought declarations on questions arising from the allocation of final bonuses by Equitable Life (the Society) to its […]

Freshfields' Dutch office steps up poaching spree

Freshfields is continuing its aggressive expansion in The Netherlands by poaching two more partners – this time from Allen & Overy’s proposed Dutch merger firm Loeff Claeys Verbeke. Top corporate lawyer Jan Willem van der Staay and leading intellectual property litigator Hubert Harmeling are expected to join Freshfields’ Amsterdam office once they have negotiated departure […]

In brief: Herbert Smith

Herbert Smith partner Denis Chemla has been appointed as legal adviser to Kosovo’s temporary administration, United Nations Mission in Kosovo, to aid the process of legislative reform in the war-torn region. Paris-based Chemla is heading for Pristina on 27 September, where he will work for three months in the Office of Legal Affairs.

Rowe & Maw in Celtic sell-off

Rowe & Maw is the latest law firm to score for a football club client, picking up work on the sale of Celtic at Legal Monte Carlo, the in-house international legal conference held by The Lawyer. It is the latest in a string of high-profile football deals, providing lucrative work for an increasing number of […]

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