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Why Construction Liens Should Be Adopted In Nigerian Legal System? A Clarion Call For Urgent Reform

Why Construction Liens Should Be Adopted In Nigerian Legal System? A Clarion Call For Urgent Reform

Published: 26 Jan 2021

Construction liens are legal claims for money expended or unpaid compensation filed by a contractor or other professional on a building or design. This is done by filing a public notice on a property stating that the owner of the property owes the contractor a stated sum of money. It can also be filed by a subcontractor or materials supplier for any work done on a building. The purpose of a constr...

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Portugal Changes its Golden Visa Rules in 2021

Portugal Changes its Golden Visa Rules in 2021

Published: 26 Jan 2021

Portugal Golden Visa real estate investment options bound to change in July 2021 The Portuguese government has announced that from July 2021, investors for the Portugal Golden Visa will be blocked from purchasing property in high-density areas such as Lisbon, Porto, the Algarve and coastal areas like Setubal and the Silver Coast. The update discards the purchase of real estate in urban areas for €...

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UK Citizens Can Now Apply for the Portugal Golden Visa

UK Citizens Can Now Apply for the Portugal Golden Visa

Published: 26 Jan 2021

Since 1 January 2021, UK citizens are now eligible to apply for the Portugal Golden Visa Program. With Brexit in full effect, UK citizens are considered non-EU citizens, which is a requirement to apply for this investment immigration scheme. Portugal Golden Visa benefits for UK citizens Being a Portugal Golden Visa holder has many benefits for UK citizens seeking to maintain their economic and mob...

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2021 Brings Tax Amendments in Romania

2021 Brings Tax Amendments in Romania

Published: 26 Jan 2021

The Romanian Fiscal Code has suffered consistent amendments at the end of 2020 by Law no. 296/2020 and Emergency Ordinance no. 226/2020. Some amendments have a significant relevance in practice, namely: Group level CIT consolidation rules New provisions for corporate income tax (CIT) grouping allow companies from the same group to offset fiscal profits and losses. Therefore, the taxable basis f...

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Essential tips on brand protection in Poland

Essential tips on brand protection in Poland

Published: 25 Jan 2021

We are pleased to present our latest guide on brand protection in Poland. Should you wish to find out: how does the registration process look like in Poland what to consider when choosing a trademark how to care about your brand after the registration and other important information, please click the button below to download the guide: Free Download “Essential tips on brand protection in ...

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“BREXIT” – consequences for VAT

“BREXIT” – consequences for VAT

Published: 25 Jan 2021

Since “BREXIT”, the United Kingdom’s exit from the European Union (EU), Companies with supply and service relationships with the United Kingdom of Great Britain and Northern Ireland face tougher rules for VAT purposes. Any previous VAT regulations based on EU law are no longer applied from January 1, 2021. While on December 24, 2020, the parties reached an agreement on a trade deal preventing a ha...

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Reform of Sec. 50d (3) EStG (anti-treaty shopping provision)

Reform of Sec. 50d (3) EStG (anti-treaty shopping provision)

Published: 22 Jan 2021

At the end of 2020 the Federal Ministry of Finance (Bundesministerium der Finanzen, BMF) presented a draft bill for a Withholding Tax Relief Modernisation Act (Abzugsteuerentlastungsmodernisierungsgesetz, AbzStEntModG), which is intended in particular to address the illegality of Sec. 50d (3) German Income Tax Act (Einkommensteuergesetz, EStG) under European Union (EU) law. It also contains severa...

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Reform of Sec. 50d (3) EStG (anti-treaty shopping provision)

Reform of Sec. 50d (3) EStG (anti-treaty shopping provision)

Published: 22 Jan 2021

At the end of 2020 the Federal Ministry of Finance (Bundesministerium der Finanzen, BMF) presented a draft bill for a Withholding Tax Relief Modernisation Act (Abzugsteuerentlastungsmodernisierungsgesetz, AbzStEntModG), which is intended in particular to address the illegality of Sec. 50d (3) German Income Tax Act (Einkommensteuergesetz, EStG) under European Union (EU) law. It also contains severa...

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