With the increasing popularity of social media, companies have begun to take advantage of social media in marketing their products and services in ever greater extent. Popular advertising channels are online communities such as Facebook, search engines such as Google, and blogs, including, in particular,...
The Ministry of Finance has proposed limiting the deductibility of interest expenses in the taxation of business income. The limitation would apply to the deductibility of net interest expenses, i.e. the difference between the company's interest expenses and interest income. The deductibility would be capped...
The Russian Ministry of Industry and Trade has submitted a bill to the state Duma to implement a recycling tax on vehicles that are imported to Russia. The bill is currently passing the first reading and is expected to become law by August 1, 2012. By...
The Finnish parliament has approved amendments to the Employment Contracts Act for the purpose of implementing Directive 2008/104/EC on temporary agency work. The amendments entered into force on March 1, 2012. The purpose of the Directive is to ensure the protection of temporary agency workers and...
Partner Marcus Kevin attended Min Morgon, an everyday national morning show broadcasted on YLE Fem, today 7.45 am as an expert on real estate transactions and disputes. Link to the episode. ...
LL.M. Caspar Friberg has joined MK-Law as an associate lawyer. Caspar's fields of expertise include public procurement and contract law, but he also handles a variety of other legal assignments. The Associate of Finnish Lawyers rewarded Caspar as the University of Helsinki's best law graduate...
The Copyright Commission of the Ministry of Education and Culture published a report (2012:2) on solutions to the copyright challenges of the digital age. The report includes an analysis of the copyright issues related to the use of network-based PVRs (NPVR) that enable the consumer...
Amendments to the Russian Limited Liability Company Law following Federal Law No. 228-FZ of July 18, 20111 on improving creditors' rights entered into force on January 1, 2012. The amendments provide for the establishment of specific rules for the calculation of the net assets of a...
The Finnish parliament has approved certain amendments effective as of January 1, 2012 to the Finnish tax laws. To mention a few of the most essential ones: - The corporate profit tax rate is decreased from 26% to 24,5%; - The tax rate for capital income is...
Jan Långstedt of MK-Law spoke at Eduhouse Oy's seminar on repatriation of profit from Russian subsidiaries and group-internal transactions in Russia on 11.11.2011. The presentation materials concerning Russian transfer pricing rules and the use of royalties for tax planning purposes are available free of charge...
