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04 Apr 2021

Important Tax Changes in the New COVID Relief Law for Individuals

Important Tax Changes in the New COVID Relief Law for Individuals The most recent COVID-19 relief legislation passed by Congress (American Rescue Plan Act of 2021) provides several substantial new tax breaks that will favour the vast majority of American taxpayers in 2021: Approximately 90% of Americans will receive a…

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01 Apr 2021

The US House of Representatives has supported immigration bills for Dreamers, Farm Workers

The US House of Representatives has supported immigration bills for Dreamers, Farm Workers President Joe Biden signed a memorandum enhancing the Deferred Action for Childhood Arrivals (DACA) program on his first day in office. His administration has given more people from Venezuela and Burma Temporary Protected Status (TPS). President Biden…

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31 Mar 2021

Saudi Council of Minister approves the Insurance of the Privatisation Regulation

Saudi Council of Minister approves the Insurance of the Privatisation Regulation Via Council of Ministers Resolution No. (308) dated 18/07/1437 AH (25/04/2016 AD), the Saudi Arabian government declared its "Vision 2030" proposal ("Vision 2030"). Vision 2030 encapsulates plans and development projects for the Kingdom's economy, culture, and legal system to…

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30 Mar 2021

Hong Kong Employment Law Update

Hong Kong Employment Law Update  On December 11, 2020, the Hong Kong Employment (Amendment) Ordinance 2020 (“Amendment Ordinance”) went into effect. The main provisions adopted by the Amendment Ordinance are summarized below: For workers who give birth on or after December 11, 2020, statutory maternity leave will rise from 10…

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29 Mar 2021

Update on Mexico's Electricity Industry Law: Foreign Investor Remedies

Update on Mexico's Electricity Industry Law: Foreign Investor Remedies On March 10, 2021, a Decree amending Mexico's Electricity Industry Law went into effect. The Decree nullifies the energy market liberalization reform of 2013-2014, which sought to attract private investors to Mexico's energy sector by putting a premium on low-cost power…

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28 Mar 2021

In the United Kingdom, there is a temporary cap on the duration of a winding-up petition until June 30th

In the United Kingdom, there is a temporary cap on the duration of a winding-up petition until June 30th The immediate limits on legislative demands and winding-up petitions will be extended from 31 March to 30 June 2021, according to a statutory instrument filed yesterday. From 30 April to 30…

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