The EU Member States agreed to postpone the entry into force date of the ‘VAT e-commerce package’.
The VAT e-commerce package introduces new VAT rules that -in essence- aim to make online sales of goods to EU consumers become effectively subject to VAT in the EU. Under the current EU VAT rules, online sales of goods that are imported into the EU, in practice often remain free of VAT.
On July 16, 2020, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) amended and…
This is the fifth in a series of guidance notes on what the ‘Schrems II’ decision means for companies that rely on EU-U.S. Privacy Shield, controller-to-processor standard contractual clauses, SCCs for transfers to controllers, derogations/exceptions to transfer restrictions, and binding corporate rules, as well as what ‘Schrems II’ means for Brexit and what companies can expect with the road ahead on these issues.
The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) recently designated as Specially Designated Nationals (“SDNs”) a number of entities linked to the Iranian steel, aluminum, and iron sectors that are likely to be of particular interest for companies doing trade in or with the Middle East…
Baker McKenzie’s EMEA Tax Practice Group presented an overview on “Wealth Management” on 7 July 2020, the fourth in a series of short webinars to keep tax professionals abreast of recent developments in these less than certain times.
Baker McKenzie’s EMEA Tax Practice Group presented an overview on “Employee Benefits”, the second in a series of short webinars to keep tax professionals abreast of recent developments in these less than certain times on 9 June 2020.
Baker McKenzie’s EMEA Tax Practice Group presented an overview on “Transfer Pricing”, the first in a series of short webinars to keep tax professionals abreast of recent developments in these less than certain times on 26 May 2020.
In early March 2020, after COVID-19 had already begun its journey of destruction around the world, the European…
During the current pandemic crisis many companies within the Financial Services Industry (FSI) are struggling to balance the…
The financial markets are experiencing a significant amount of disruption for which there is no precedent. However, in these difficult times it is important that originators, sponsors and securitisation special purpose entities (SSPEs) do not lose sight of their regulatory obligations under Regulation (EU) 2017/2402 (Securitisation Regulation). This short briefing…