Advertising labeling from september 1, 2023: What can you be fined for?
From September 1, 2023, the penalties for non-compliance with legislation in the field of advertising activities have become stricter. For placing online advertising without labeling, a fine of 700,000 rubles is possible. That is why it is particularly important for all advertisers to understand how to work with advertising materials under the new rules
Proposed Amendments to the Law on Information Technology Parks in Moldova
The Ministry of Economic Development and Digitalization, in collaboration with the Ministry of Finance, has recently opened a public consultation on the Draft Law for amending Law No. 77/2016 concerning information technology parks. This proposed legislative change holds significant importance, particularly within the business community.
New law on public – private partnership
The Parliament of Mongolia enacted the Public-Private Partnership Law (“PPP Law”) based on the research of model law on Public-Private Partnership and its handbook replacing the previous Law on Concession (2010) on 9th December, 2022 and coming into effect on 31st December, 2023.
Data Protection & Privacy Kazakhstan
Kazakhstan protects personal information in the context of a fundamental constitutional right to the inviolability of private life. The Constitution of the Republic of Kazakhstan (article 18) protects the right to inviolability of private life, personal and family secrets, honour and dignity of a person, the secret of deposits and savings, the secret of correspondence, telephone conversations, postal, telegraphic and other messages.
Tax control and appealing its results in Mongolia
The Tax Administration shall conduct tax audits in accordance with both general and special guidelines. These audits will be assigned and carried out in a comprehensive or partial manner, ensuring compliance with international standards and legislation as specified in Article 41.2 of the General Law on Taxation.
Tax control and appealing its results in Moldova
The need to know the types and/or forms of tax control is important for legal entities. It is very important for the party under verification to know its rights and obligations as a taxpayer in the event of a tax audit. Failure to comply with them can result either in the violation of rights, or in the application of coercive measures by the control authorities (by applying fines, stopping operations on company’s bank accounts, etc.). On the other hand, the taxpayer’s very good knowledge of his rights can help to avoid abuse by the authorities.