Member Publications

February 22, 2024
BUREN has contributed the China chapter on Dispute Resolution to the Lexology Panoramic DR Guide. This comprehensive Q&A guide gives you the answers about the structure of the civil court system in China, the role of the judge and the jury in civil proceedings, how evidence is presented in a trial, if a successful party can recover its costs and more. Click HERE to view the full report.…
February 22, 2024
As we step into 2024, China's market regulation authorities continue their vigilant oversight against illegal activities undermining fair competition. On January 10th 2024, the Beijing Administration for Market Regulation (Beijing AMR) spotlighted six notable cases from 2023, illustrating the agency's dedicated efforts to clamp down on unfair competition practices. These cases span a variety of in…
February 13, 2024
The Corporate Transparency Act (“CTA”), a new federal filing requirement for many business entities, became effective on January 1, 2024.  The CTA creates a new federal database named BOSS into which companies, including companies already existing, will be required to submit a great deal of identifying information as to themselves and their “beneficial owners.”  The CTA database will not be availa…
February 12, 2024
The reasons why companies relocate from one jurisdiction to another are diverse. For instance, a relocation of a company can be based on business considerations, personal circumstances of the stakeholders and/or legal and tax considerations. Since the relocation of a company results in various legal and tax consequences in multiple jurisdictions, we recommend stakeholders to seek advice on the im…
February 8, 2024
As of July 1, 2020, Virginia became one of twelve (12) states that imposed a ban  on the use of non-compete agreements for “low wage employees.”[1] At the time of adoption, the salary threshold for a “low wage employee” was $59,124 annually (or $1,137 per week). This salary threshold was not fixed by statute, but instead, the General Assembly adopted a moving target definition that ties the “low w…
February 8, 2024
On January 12, 2024 (published on January 30, 2024), the Netherlands entered into an agreement with Singapore on the application of the Mutual Agreement Procedure (MAP) under the Multilateral Instrument (MLI). The agreement implements the MAP of Article 26 of the MLI-covered tax treaty between the Netherlands and Singapore and Articles 16 and 19 (10) MLI. With respect to the application of the MA…
February 8, 2024
Fund Managers nowadays are concerned about one main matter: the time to market of their products. Acknowledging this, Malta as a jurisdiction has launched a new fund structure aimed at allowing managers, even those outside of the EU, to launch their product in Malta efficiently and with lower costs. The Framework The introduction of the Notified Professional Investor Fund framework by the Malta Fi…
February 5, 2024
In a recent holding from the Commissioner in Driscoll v. City of Cedar Rapids, the Commissioner overturned a previous finding that an employee’s adverse reaction to a COVID-19 vaccine was a compensable injury. The initial Deputy decision found that the employee was “strongly” encouraged by his employer to get the COVID-19 vaccine at the height of the pandemic. Since the employer “strongly” encour…
February 5, 2024
Substantial changes were made to the land tax exemptions relating to charitable institutions in 2021, which drew significant angst due to the perceived impact where charities allowed non-charitable groups to use their land for short periods of time. However, an often-overlooked element of the 2021 amendments was a discreet change to the separate exemption which applies to vacant land owned by a c…
January 31, 2024
A new reporting obligation became effective January 1st of this year called the Corporate Transparency Act ("CTA"). Generally, the CTA requires direct reporting to the U.S. government disclosing individuals who control or benefit from certain types of companies. The CTA filing requirement is completely separate from state annual report or franchise tax filings and federal tax forms. The CTA requir…