13 July 2020
Hong Kong Maternity Leave Update - July 2020
www.twobirds.com/en/news/articles/2020/hong-kong/hong-kong-maternity-leave-update---july-2020

On 9 July 2020, the Employment (Amendment) Bill 2019 (the "Bill") was passed by the Hong Kong Legislative Council.

04 December 2020
New Provision of the Italian Revenue Agency: news regarding the transfer pricing documentation
www.twobirds.com/en/news/articles/2020/italy/alert-tax-transfer-pricing

On 23 November 2020, the Italian Revenue Agency published the new Administrative Provision n. 360494 (the “Provision”), endorsed in the Decree of the Ministry of Economy and Finance of 14 May 2018 (the “Decree”) which ...

25 November 2020
Tax Focus on Advanced Pricing Agreements in Italy
www.twobirds.com/en/news/articles/2020/italy/alert-tax-focus-apa

APAs are now well known to Italian companies belonging to multinational groups, which intended (or intend) to agree on the correct remuneration of intra-group transactions with the Revenue Agency, in order to avoid tax ...

16 April 2020
COVID-19 emergency measures: the expansion of 'golden power' review on foreign direct investments
www.twobirds.com/en/news/articles/2020/italy/covid19-decreto-liquidita---golden-power

Law Decree No. 23 of 8 April 2020 - published in the Official Gazette on 8 April 2020 and entered into force on 9 April 2020 (the "Decreto Liquidità") - introduced, among other measures, a series of provisions that ...

15 April 2020
Italian law decree No. 23/2020 ("Decreto Liquidità"), New provisions involving certain aspects of business law
www.twobirds.com/en/news/articles/2020/italy/covid19-decreto-liquidita---diritto-societario

On 9 April 2020, following regular publication on the Italian Official Gazette, Italian law decree No. 23/2020 (the "Decree") came into force with immediate effect. The Decree's provisions aim at facing, by means of ...

22 April 2020
Ban on companies’ payment of dividends or completion of share buy-backs if they receive more than DKK 60 million in compensation
www.twobirds.com/en/news/articles/2020/denmark/covid-19-forbud-mod-at-udbetale-udbytte

The Government and all the parties in the Danish Parliament have agreed to adjust and extend the economic aid packages to the Danish economy. The changes entail a limitation on companies’ ability to pay dividends or to ...

11 October 2018
EU migration post-Brexit: recommendations of the Migration Advisory Committee
www.twobirds.com/en/news/articles/2018/uk/eu-migration-post-brexit-recommendations-of-the-migration-advisory-committee

In September 2018, employers and EU citizens welcomed the final report from the Migration Advisory Committee (MAC), which sketched the outline of a future migration landscape for EU workers.

18 August 2020
UOKiK publishes its guidelines on the principles of imposing fines on managers
www.twobirds.com/en/news/articles/2020/poland/uokik-publishes-its-guidelines-on-the-principles-of-imposing-fines-on-managers

The Polish Competition and Consumer Protection Act foresees that sanctions for implementing anticompetitive agreements may be imposed on companies and their managers. Managers who intentionally permit their company to ...

17 November 2020
Chinese Anti-Monopoly Commission releases Compliance Guidance for Business
www.twobirds.com/en/news/articles/2020/china/chinese-anti-monopoly-commission-releases-compliance-guidance-for-business

On September 11, 2020, the Anti-Monopoly Commission of the State Council promulgated the Anti-Monopoly Compliance Guidance for Business Operators, which came into force as of the date of promulgation.

29 June 2020
China Frontline June 2020 - Ahead of the Curve: what employers need to know when re-opening offices?
www.twobirds.com/en/news/articles/2020/china/china-frontline-june-2020-ahead-of-the-curve

In response to the COVID-19 outbreak, the Chinese government has issued a number of guidelines on the epidemic control and prevention to employers and the general public. What one can observe from the development of ...