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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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Naming rights

The DCA is treading a fine line with its review of the issue of anonymity in family court cases. By Lisa Fabian Lustigman and Claire Blakemore There is mixed access to the family courts in England and Wales. The public and the media have been afforded access to family proceedings at the outer layers of […]

Asda scraps employees’ date of birth stipulation

Asda’s legal and HR teams are implementing a radical recruitment strategy ahead of the introduction of age discrimination legislation. The supermarket giant has elected to scrap the requirement for job applicants to disclose their dates of birth on application forms after scrutinising the new legislation, which comes into force on 1 October. In addition, Asda […]

City elite launches new round of funding for university charity

A consortium of city firms have launched a £7m charitable trust to fund university lecturers in core legal practice areas after government cuts to the budgets of university law departments.The City Solicitors’ Educational Trust, a charitable trust f… A consortium of city firms have launched a new round of funding for their £7m charitable trust, […]

Nomura faces familiar foe on £7.5m trader bonus suit

Niche litigation firm Ferguson Solicitors is embarking on another high-profile case against Nomura, six years after representing trader Steven Clark in his breach of contract claim against the Japanese investment bank. Founding partner Charles Ferguson is acting for Luis Marti-Sanchez, a bond trader who is suing Nomura for £7.5m. Marti-Sanchez is alleging that Nomura breached […]

DLA Piper scoops Bank of China legal chief

DLA Piper has scored a massive coup for its Asian banking practice with the hire of Bank of China’s (BoC) head of legal Andrew Wang. The hire of BoC’s Wang follows similar in-house lateral raids in Asia, with the firm hiring Henry Wang, former general counsel of Shanghai GM Automotive, earlier this year. DLA’s Asia […]

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