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COVID-19: Portuguese tax measures In the context of the public health emergency resulting from the spread of COVID-19, the State of Emergency was declared in Portugal on 18 March 2020. To mitigate the negative economic impact of COVID-19 on companies and individuals, the following...
Italian businesses to be allowed to convert DTAs into tax credits On 16 March, the Cura Italia decree (Law Decree No. 18/2020) was approved – effective as of 17 March – to strengthen the health care system and support businesses, workers, and families, by preserving employment levels and income, in the face of Covid-19....
French COVID-19 measures: an update In France, additional measures that extend or suspend certain time limits have been implemented in response to COVID-19, and it was announced that certain corporate tax measures that have already been announced and implemented in the context of the...
Are UK organisations getting better at cyber defence in 2020? On Wednesday, the Department for Digital, Culture, Media and Sport (DCMS) published its fifth Cyber Security Breaches Survey for 2020. The objectives of the survey are to study how organisations in the UK perceive and experience cyber security risks and...
Will privacy be yet another COVID-19 victim? European data protection regulators have been quick to publish statements emphasising that data protection laws do ‘not hinder measures taken in the fight against the coronavirus pandemic’. Instead, regulators have stressed that the EU GDPR, and the...
Germany establishes Economic Market Stabilization Fund to strengthen the economy in the COVID-19 crisis – tax implications of recapitalisation measures Like other European countries, Germany and its economy are severely hit by the spread of COVID-19 around the world. On March 23, 2020, the German government passed the German Economic Market Stabilization Fund Act (Wirtschaftsstabilisierungsfondsgesetz)...
The Impact of COVID-19 on UK Tax Residence ’Social distancing’ measures and ‘lockdowns’, introduced to reduce the spread of COVID-19, involve restrictions on travel – with a potential impact in respect of UK tax residence. For individuals, guidance on what constitutes...
Keeping ransomware at bay: UK NCSC updates its malware and ransomware guidance The UK's National Cyber Security Centre (NCSC) recently streamlined its guidance on how organisations can mitigate malware and ransomware attacks. Given Travelex's recent experience with ransomware and the new cyber risk created by the COVID-19 pandemic,...
UPC update - Germany's Constitutional Court says Germany's UPC ratification is void - is this the final nail in the UPC coffin? ... and an opportunity for the UK? In previous posts here and here we have looked at the so-called demise of the Unified Patent Court (UPC) and the Unitary Patent (UP) from the UK perspective, especially in the post-Brexit intellectual property landscape.   Now it is Germany's turn to take...
Manual records and personal data – a more helpful line drawn by the Court of Appeal Despite the increase in paperless offices, many businesses still struggle with ensuring their manual records comply with EU and UK data protection laws. One key question to ask at the outset is, of course, whether those manual records even amount to...