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Lexology PRO | Asia-Pacific, Australia, China, etc. | 27 Sep 2023

How are regulators responding to the competition risks of AI?

Regulators around the world are warning of abuse of dominance, price fixing, and collusion risks posed by AI. How can companies minimise competition risk?
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Herbert Smith Freehills LLP | Global, OECD | 8 Jun 2023

OECD revises guidelines for multinational enterprises on responsible business conduct

On 8 June 2023, the Organisation for Economic Co-operation and Development ("OECD") Ministerial Council agreed revisions to the OECD Guidelines for…
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Bergeson & Campbell PC | Australia | 20 Dec 2022

Australia Publishes Additional Guidance for Assessment Certificate Applicants Introducing Nanoscale Chemicals

The Australian Industrial Chemicals Introduction Scheme (AICIS) posted a news item on December 19, 2022, reminding assessment certificate applicants…
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Studio Legale e Tributario Biscozzi Nobili Piazza | Italy | 30 Sep 2022

New arm's length range is set for transfer pricing

The Italian Tax Agency has issued instructions, through Circular Letter No. 16/E of 24 May 2022, with respect to the correct and practical application of the "arm's length range" for the application of the transfer pricing rules as set forth by article 110(7) of the Corporate Tax Act and international tax treaties. The circular letter clarified various principles that have already been......
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Elias Neocleous & Co LLC | Cyprus | 26 Aug 2022

Cyprus adopts 2022 OECD transfer pricing guidelines

The House of Representatives recently passed Law 101(I)/2022 to align the Income Tax Law 2002, as amended, with the Organisation for Economic Co-operation and Development (OECD) Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations. By incorporating the OECD guidelines into national law, Cyprus has demonstrated its commitment to align itself with international tax......
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Perhaps nothing is more complex in the corporate world than doing business at the intersection of science, law, and policy. Regulatory compliance…
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Herbert Smith Freehills is one of the world’s leading professional services businesses, bringing together the best people across our 26 offices, to…
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