KNOWLEDGE
BIM and the Cypriot construction industry, a construction lawyer’s perspective
BIM, which is the acronym for Building Information Modelling is not new. In fact, BIM as a concept was first developed in the 1970s. The acronym BIM crept into existence sometime in the late 1980s and the protogenic BIM software, albeit quite limited in its functions, was first issued in the mid 1990s. Nowadays, the technology has progressed to such an efficiency that most developed construction markets, irrespective of location, have shifted to BIM.
State Aid and Taxation
Fiscal state aid is a hot topic right now, with a number of high-profile cases going through the European courts.
Under EU law, Member States are prohibited from giving an advantage in any form whatsoever to undertakings on a selective basis, unless it is justified by reasons of general economic development.
Trademark protection in the Metaverse
The level of trademark protection in the Metaverse will depend on the legal and regulatory developments that emerge as the concept evolves and becomes more established.
The Protection of Taxpayers’ Rights
There have been some interesting cases at the CJEU where some of these rights were invoked. In this newsletter, we look at some of the areas in which the EU’s Charter has afforded protection to taxpayers which may be relevant to the audit process, investigations, information orders and penalties.
Digital nomads, international remote working and tax implications (Part II)
In the previous part, we briefly touched upon the type of tax issues that digital nomads (and/or their employers) might encounter. In this part, we review the legal position in Cyprus. We also review how some jurisdictions have dealt with some of the tax implications affecting international remote workers for non-resident companies and whether they gave rise to a permanent establishment.
Digital nomads, international remote working and tax implications
Digital nomad arrangements are becoming very popular. Although there is no single definition of a digital nomad, the concept tends to encompass remote workers who regularly travel while working. These could be employees or self-employed people who use digital telecommunications technology to carry out their work. Traditionally, digital nomads were mostly self-employed people but since the start of the COVID-19 pandemic, the number of digital nomads who are employees has increased exponentially.
New EU Directive on improving the gender balance among directors of listed companies and related measures (EU 2022/238): Women on Boards of Listed Companies
Cyprus enhanced its position in gender equality (there has been an increase in women actively involved in politics), having of course considerable room for improvement while laying solid foundations at a socio-political level. A National Action Plan on Gender Equality 2019 – 2023 has been adopted setting various measures aiming the promotion of equal participation in decision-making.
Navigating EU sanctions – overview and predictions for 2023
As the EU sanctions continue to develop and expand, this recent article contributed by our associate Nicolas Makrides presents an overview of the existing regime in place and provides perspectives for some of the future challenges that different stakeholders may be facing up ahead.
