FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,
The Macau SAR Budget for 2020 was approved by Law 22/2019, published in the Official Gazette in December 31st, 2019 (the “2020 Budget”). Again, as is usual in the annual
The Supreme Court (“TUI” – Tribunal de Última Instância) issued a decision on 16 October 2019 that resulted in a number of contracts for the use of shops in a
When you travel around the world and go to a restaurant, it is not unusual to find in the bill an additional 10 or 15% service charge (“SC”) over the
Generally speaking, the Macanese tax legislation is out of date. It is somewhat understandable that the Government does not feel the need to update the existing tax statutes, since Macau
The RAEM government has recently discussed some amendments to the Corporate Income Tax Regulations (CITR, or Regulamento do Imposto Complementar de Rendimentos) and to the Regime of Exchange
Since 2011, the Macau government has adopted several measures against property speculation to improve the existing supply of housing, both for purchasing and rentals. Such measures have almost
The Macau SAR Budget was approved by Law 19/2018, and was published in the Official Gazette on December 31, 2018 (the “2019 Budget”). As usual, it dealt with
It was recently made public that the Legislative Assembly of Macao just approved a bill (generally subject to further internal discussion) aiming at revoking the Macanese offshore regime.
Our previous In mid-August 2018, the Office of the President of the Court of Final Appeal (TUI) made public that the Court had issued a new
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