Chile: OECD Compliant Tax Transparency

Chile has enacted legislation enhancing access to bank information for the purposes of improved compliance with OECD standards on tax information exchange and increased transparency in financial transactions. Previously, legal restrictions prevented Chilean tax authorities from obtaining and…

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Russia / EU: Patent Harmonization

For businesses with significant intellectual property assets, seeking to protect those assets in multiple jurisdictions is often a very significant challenge.  Intellectual property “harmonization” between jurisdictions assists those business owners, in that it affords common or coordinated protection…

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New Zealand: Least Corrupt Country!

This National Business Review article is interesting on two front.  Firstly, it reveals useful (although not earth shattering) insight into those countries whose governments have taken corruption and the corresponding requirement for transparency seriously.  Secondly, it sets out…

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Standards of Corporate Governance are Improving in South Africa

The impact of the Companies Act (South Africa) and “King III Report” on corporate governance reform, will serve to strengthen and clarify the roles and responsibilities of directors in South Africa.  This will have the effect of attracting…

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