On Friday 19 October, the Draft Bill on Digital Services Tax was passed. Known as “the Google tax”, it is an indirect levy (in the words of the draft, compatible with VAT), which aims to tackle
Portugal needs to change its planning system in order to accommodate a new wave of international real estate investors, says Caiado Guerreiro partner Tânia Pinheiro.
Though there is still a steady stream of major international property deals, there are signs there could be a future downturn, with the result the market becomes more challenging, says RLD lawyer Rafael López-Dié
CMS advised Heineken on the acquisition of a 51 per cent stake in Spain-based brewer Cervezas La Cibeles.
Majority of in-house counsel in Spain and Portugal more likely to choose firms with strong brands – meanwhile, new study shows Uría Menéndez remains top brand in Spain, while MLGTS leads in Portugal
Cuatrecasas has recruited Lisbon-based litigation partner Miguel de Almada from MLGTS.
Spain may benefit from increased numbers of international funds and high-net-worth individuals turning their attentions away from the UK due to Brexit.
Issues that need addressing include the construction contract as well as administrative issues, such as permits; meanwhile, office space and rented apartments in Spain are attracting investors.
Sector revenue grew by one-third last year, but need for online gambling operators to produce guarantees worth up to €4 million sometimes proving a barrier to entry
Uría Menéndez advised Nazca Capital on the acquisition of Spain-headquartered engineering group Terratest.
