ALERT

Suspension of procedural, administrative, prescription and expiry deadlines

In relation to Royal Decree 463/2020, of 14 March, which declares the state of alarm for the management of the health crisis situation caused by COVID-19 (hereinafter, RD 463/2020) and subsequent development and interpretation regulations, the procedural, administrative, prescription and expiry periods are declared suspended; it is interesting to note the following: SUSPENSION OF PROCEDURAL

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Objective dismissal for absenteeism has been repealed

In the Official Gazette (“BOE”) of February 19, 2020, it has been published Royal Decree-Law 4/2020 of 18 February, repealing the objective dismissal for absences to work established in Section 52 d) of the Workers Statute Act. The aforementioned Royal Decree-Law enters into force the day after its publication in the BOE. That is, on February 20, 2020.

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Ruling of the National Court on the tax treatment of severance payments

On July 3, 2019, a ruling by the National Court was published introducing criteria to determine the correct application of the exemption on severance compensation In general, the ruling denies the exemption to the compensation received by 15 employees as it understands that the dismissal is motivated by a voluntary extinctive agreement of the employment

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New legal framework for the control of foreign direct investment in the EU

Yesterday’s Official Journal of the European Union, 21st March, published Regulation (EU) 2019/452 of 19 March establishing a framework for the control of foreign direct investment in the EU. The new regulation, which will apply from October 2020, provides that EU Member States may maintain, modify or adopt mechanisms to control, for reasons of security

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EU news: Patrimonial rights

29/01/2019 COUNCIL REGULATION (EU) 2016/1103 of 24 June 2016 implementing enhanced cooperation in the area of jurisdiction, applicable law and the recognition and enforcement of decisions in matters of matrimonial property regimes  COMPETENCE: One of the most important purposes of the Regulation consists at making possible that different connected procedures  transact in front of the

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