Losses from shares in companies facing insolvency can be claimed against tax from the point in time when the shares are written off the securities account. That was the verdict of the Bundesfinanzhof (BFH), Germany’s Federal Fiscal Court (Az.: VIII R 20/18). The Bundesfinanzhof has delivered an important ruling on losses from shares in companies […]
The volume of patent applications filed by UK businesses in Europe fell slightly in 2020, according to the latest data published by the European Patent Office. However, with so much focus on innovation during the pandemic, it seems likely that filing activity will rebound quickly. UK based results The Patent Index 2020 report shows […]
In respect to the promulgation of Law No. 11 of 2020 on the Job Creation (“Law 11/2020”), commonly known as Omnibus Law, the government has issued Government Regulation No. 5 of 2021 on the Implementation of Risk-Based Business Licensing (“GR 5/2021”). GR 5/2021 stipulates a new approach in business licensing, based on business risk assessment. The main […]
Does your company need liquidity? If you are currently using an asset such as an office or a business premises, you may be able to achieve what you wish without having to ask for a bank loan. Read on to find out what sale and leaseback real estate is all about and when it is used. What is […]
Join MassMedic and MedWorld Advisors, for the “M&A Medtech Series” where the state of M&A in our Industry will be discussed quarterly. About this Event Acquisitions in MedTech are a common event in both recessionary and boom times. Companies of all sizes are being acquired by Strategic or Financial buyers in the US and also Internationally. So, what does […]
In response to the pandemic that has affected us all, several temporary changes were made to the rules that govern our tax obligations. Many of these temporary changes are due to expire in 2021, so you may need to adjust your plans in the upcoming year. Here are some changes to be aware of. Required […]
If you have employees working from home, and you want to transition them back to the workplace as the economy picks up, you may find it’s harder than you once thought. For some employees, nervousness about remaining health risks is an impediment — especially for those who haven’t been vaccinated. Many Americans clamored to be vaccinated […]
Based on any number of metrics, we are living in unprecedented times. Within the last year, the US stock markets witnessed new all-time highs, followed by a 35% sell off, followed by the fastest return ever to new all-time highs. Talk about a rollercoaster! In April 2020, we also saw more than 23 million workers […]
In Vietnam, an official company seal or chop is used for legally authorizing documentation. A seal gives legal validity to any documents or papers issued by companies, organizations, or agencies. Any paper or document showing an official act of a company that contains only a signature of its general director is still considered insufficient. Indeed, […]
Cyber threats are becoming more sophisticated every day… and tools are also becoming more sophisticated, but organizations of all sizes are succumbing to orchestrated cyber-attacks including ransomware, fraud, and data exfiltration. So, adopting the right strategy is important. This requires a risk management-based approach: understanding your assets, your risks and defining what to do to […]
The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021 (the “Act”) was signed into law by the President on 18 March 2021 and Minister for Justice, Helen McEntee, signed the commencement order last week, 23 April 2021. This development transposes (most of) 5AMLD into Irish law, further safeguards our financial system from money […]
Virtual voice assistants (VVAs) are interactive software-based services that are increasingly used to access and control digital ‘smart’ devices and online services, particularly in people’s homes and vehicles, but also at work. The major tech companies offer them, every smartphone has a VVA ‘living’ inside, as do some screenless ‘smart speakers’. But VVAs may also be […]
