(Jan. 8, 2021) On November 9, 2020, Italy’s Constitutional Court declared unconstitutional a provision in the country’s budget act for the years 2019 to 2021 that reduces certain pensions for a period of five years. (Decision No. 234 of November 9, 2020 (in Italian).) Pensions Reduced Under Budget Law’s “Solidarity Contribution” Article 1, paragraph 261 […]
Topic: Appropriations, Budget, Constitutional courts, Constitutional law, Economic development, Employee benefits, Income tax, Property rights, Social security, State and local finance, State and local taxation, Unemployment benefits
Jurisdiction: Italy
Author: Dante Figueroa
(Sept. 18, 2020) A law approving urgent measures for the support and revitalization of the national economy in response to the negative impacts of the COVID-19 pandemic entered into force in Italy on August 15, 2020. Decree-Law No. 104 of August 14, 2020 provides additional aid to employers, bonuses for workers in certain sectors, special […]
Topic: Economic development, Emergency management, Employment and training programs, Epidemics, Financial crises and stabilization, Infectious and parasitic diseases, Public health, State and local taxation, Unemployment benefits, Wages and hours
Jurisdiction: Italy
Author: Dante Figueroa
(Nov. 22, 2019) On August 26, 2019, the Standing Committee of the National People’s Congress (NPC) of the People’s Republic of China (PRC or China) adopted the PRC Resource Tax Law. The Law subjects 164 natural resources, including salt, crude oil, natural gas, coal, and other minerals, to the resource tax and prescribes their respective […]
Topic: Coal, Mineral resources and mines, Oil and gas, State and local taxation, Tax reform, Water resources
Jurisdiction: China
Author: Laney Zhang
