Assistant lawyer Nikola Cīparsone compiled the material. Technology & intellectual property Artificial Intelligence Act: European Parliament and the Council reach provisional agreement Reached: 9 December 2023 The AI Act introduces dedicated rules for general purpose AI models that will ensure transparency along the value chain. Specific banned applications of AI are set, as well as […]
Assistant lawyer Nikola Cīparsone compiled the material. Tax Commission Implementing Regulation (EU) 2023/2493 of 15 November 2023 on the treatment for national accounts purposes of the non-collected VAT due to VAT fraud and due to insolvency (the discrepancy between theoretical VAT receipts and actual VAT receipts) for the application of Regulation (EU) 2019/516 of the European Parliament and […]
Assistant lawyer Nikola Cīparsone compiled the material. EU Law Commission welcomes G7 leaders’ agreement on Guiding Principles and a Code of Conduct on Artificial Intelligence Published: 30 October 2023 The Commission welcomes the agreement by G7 leaders on International Guiding Principles on Artificial Intelligence (AI) and a voluntary Code of Conduct for AI developers under the Hiroshima […]
Assistant lawyer Nikola Cīparsone compiled the material. Tax Press release: New proposals to simplify tax rules and reduce compliance costs for cross-border businesses Published: 12 September 2023 The European Commission adopted a key package of initiatives to reduce tax compliance costs for large, cross-border businesses in the European Union. The proposal, “Business in Europe: Framework for Income […]
Assistant lawyer Nikola Cīparsone compiled the material. EU Law Regulation of the European Parliament and of the Council concerning batteries and waste batteries, amending Directive 2008/98/EC and Regulation (EU) 2019/1020 and repealing Directive 2006/66/EC Entered into force: 17 August 2023 A new law to ensure that batteries are collected, reused and recycled in Europe is entering […]