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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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Hammonds opens global public law dept in Brussels

National law firm Hammond Suddards Edge has set up a public international law practice to work alongside its European law team in Brussels. The team, which will also work closely with the dispute resolution team, will advise sovereign governments, international organisations and companies involved in international trade and investment. Its launch coincides with the appointment […]

CASE STUDY: REBECCA NEWSON

Rebecca Newson studied law and European legal studies at Durham before going on to do her Legal Practice Course (LPC) at the College of Law at York. Given her time again she would not choose to go the Common Professional Examination (CPE) route. “I chose my degree because it was something that I was interested […]

Watkins sent to Reed Smith Coventry

Reed Smith Warner Cranston has bolstered its property practice with the hire of former Eversheds partner Nigel Watkins to its Coventry office. Watkins left Eversheds’ Birmingham office last month after 33 years, where he was key in creating the national firm. His departure is unrelated to the process currently underway of slicing an estimated 10 […]

Hugh James launches sports dept

South Wales firm Hugh James Ford Simey has set up a specialist sports law department. Existing clients include sprinters Colin Jackson and Linford Christie and boxer Nicky Piper. The firm’s work for the Welsh Rugby Union and Wales Millennium Stadium has included the contract work to build the stadium, securing the 1999 Rugby World Cup […]

Brief encounter: Hausmann & associÉs

Last month, French firm Hausmann & Associés announced that it was merging with UK national firm Hammond Suddards Edge. Senior partner Christian Hausmann has finally found a firm that fits. Hausmanns was set up on 1 July 1995 and its name partner has been instrumental in establishing its reputation. Hausmann, who is German, has a […]

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