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Japan: New Wine Labeling Regulation

(Nov. 4, 2015) Japan did not previously have regulations on the labeling of wine made from grapes, except for the industry’s own regulations. As more wine is drunk in Japan and more domestic manufacturers make wines, clearer regulations have been sought by consumers. (Alcohol Tax Division, 16th Meeting Minutes (June 17, 2015), National Tax Council […]

Brazil: No Tourist Visa Required for Entry During 2016 Olympic Games

(Nov. 3, 2015) On October 28, 2015, the Brazilian Federal Senate approved a law that waives the requirement for foreigners to have a tourist visa to enter the country during the Olympic Games, which will take place in Brazil in 2016. (Mariana Jungmann, Senado Aprova Dispensa de Visto para Turistas Durante Olimpíada de 2016, AGÊNCIA BRASIL […]

Indonesia: Economic Deregulation Planned

(Sept. 14, 2015) On September 9, 2015, Indonesia’s President Joko Widodo announced a major economic deregulation policy. According to the President, there are three areas that will be the focus of this policy: increasing the competitiveness of industry, speeding up infrastructure projects, and raising the amount invested in the property sector of the economy. Widodo […]

China: Restrictions Eased on Foreign Investment in Real Estate Market

(Sept. 9, 2015) On August 19, 2015, China released the Notice of the Ministry of Housing and Urban-Rural Development (MOHURD) and Other Departments on Amending the Policies Concerning Access by and Administration of Foreign Investment in the Real Estate Market . (Zhufang Chengxiang Jianshe Bu Deng Bumen Guanyu Tiaozheng Fangdichan Shichang Waizi Zhunru he Guanli […]

Angola: New Private Investment Law

(Aug. 27, 2015) On August 11, 2015, Angola published in its Official Gazette a new private investment law, which was approved by Law No. 14 of August 11, 2015 (Lei do Investimento Privado, Lei No. 14/15, de 11 de Agosto, IMPRENSA NACIONAL (from the drop down window, click on Diário da República Ia. Série No. […]

United States: Appellate Court Reaffirms Decision that Conflict Minerals Rule Violates First Amendment

(Aug. 25, 2015) A panel of the U.S. Court of Appeals for the D.C. Circuit recently reaffirmed its 2014 judgment that a Securities and Exchange Commission (SEC) rule requiring companies to publicly disclose that their products are not “conflict free” violates the First Amendment. (Nat’l Ass’n of Manufacturers v. SEC, No. 13-5252 (D.C. Cir. 2015) […]

United Kingdom: Proposal to Jail Landlords Who Rent to Illegal Immigrants

(Aug. 12, 2015) The government of the United Kingdom has recently proposed measures that would create new offenses applicable to landlords who knowingly rent to illegal immigrants. The proposed measures will be two-pronged. On the one hand, they will allow landlords to end the tenancy of immigrants if the persons’ permission to remain in the […]

Moldova: Tax Incentives for IT Parks

(Aug. 4, 2015) It was reported on August 3, 2015, that the Parliament of Moldova had approved draft legislation on tax incentives for information technology parks. (Vasile Foltea, Moldova: Tax Incentives Granted to IT Parks, TAX NEWS SERVICE (Aug.3, 2015), International Bureau of Fiscal Documentation online subscription database.) The draft law provides that the IT […]

Germany: States Implement Federal Rent Control Act

(Aug. 3, 2015) On June 1, 2015, a new federal act on rent control entered into force in Germany. The Tenancy Law Amendment Act authorizes the individual German states to enact regulations to designate “tight housing markets” in which a rent cap will apply. Twelve of the 16 German states (Länder) have implemented the Act […]

Maldives: People’s Majlis Passes Amendment to Constitution Allowing Foreign Ownership of Land

(July 30, 2015) On July 22, 2015, the People’s Majlis, the unicameral parliament of the Maldives, passed a bill amending the 2008 Constitution to allow foreign ownership of land. President Yamin Abdul Gayoom ratified the bill the next day. (Shan Anees, President Ratifies Land Ownership Bill, HAVEERU ONLINE (July 23, 2015).) The bill reportedly amends […]