July 2021

Amendments of the VAT Act were introduced by State Gazette, issue 104 of 2020, for the purpose of implementing the EU rules concerning the distance sales of goods and services, introduced for the EU-member states by Council Directive (EU) 2017/ 2455 and Council Directive (EU) 2019/ 1995 which are part of the VAT e-commerce package.

Can a resolutory condition which constitutes action or inaction of the parties to a contract be agreed? Under Article 9 of the Obligations and Contracts Act: “The parties can freely determine the content of their contract as long as it does not contravene mandatory provisions of law and morality”.

I. Acts and regulations for their application Bill amending and supplementing the Anti-Money Laundering Measures Act In SG Nr. 7 of 2021 was published the Law for amendment and supplement of the Law for the measures against washing of guards.