Member Publications

As announced in our tax flash published in November 2022 regarding new taxation measures in Spain, last December 21st the Proposition of Law was approved establishing a temporary energy taxation, of credit institutions and financial credit establishments which provides, among others, a temporary modification of the rules to determine the taxable base of tax consolidation groups in Corporate Income…

Effective 1 January 2023, a number of changes to Dutch employment law has been implemented. We have listed a number of the most significant changes below. Increase of minimum wage The minimum wage was increased effective 1 January. Due to inflation, an additional increase was effectuated. The minimum wage has increased by 10.15%, bringing the minimum wage for employees aged 21 and over to EUR 1,9…

On 21 December 2022, Act LXXIV of 2022 amending certain employment-related laws was published, which includes, among other things, the amendment of Act I of 2012 on the Hungarian Labour Code (“Labour Code“) effective as of 1 January 2023. The comprehensive revision is mainly due to the correct transposition of two EU directives, but a number of other provisions changes as well. Among the larg…

The Corporate Transparency Act (CTA) will become effective January 1, 2024. The CTA was enacted on January 1, 2021, as part of the National Defense Authorization Act for Fiscal Year 2021. In the interim period, the Department of Treasury (FinCEN) released its proposed regulations, provided a comment period, and then released its final regulations on September 30, 2022. The CTA is groundbreaking. …

We have already informed you several times in the past about landmark rulings of the Federal Labor Court (hereinafter: "BAG") and the European Court of Justice (hereinafter: "ECJ") on issues of vacation law. This has developed rapidly since 2009 under the influence of European law due to numerous decisions of the ECJ and the BAG. These often concerned the carryover periods for vacation not taken (…

December 8, 2022 On Election Day 2022, Missouri voters passed Constitutional Amendment 3, which, among other things, decriminalizes the purchase, possession, and use of marijuana for recreational and personal purposes. The measure goes into effect December 8 and contains important provisions employers must immediately grapple with: Employers may not discriminate against a person in hiring, fir…