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  • By Vladimir Zheltonogov and Oleg Lvov, Ernst & Young, Moscow
  • By Scott Antel and Andrei Shamshurin, Ernst & Young, Moscow
  • By Scott Antel, Ernst & Young, Moscow
  • By Galina Dontsova and Bill Henry, Ernst & Young, Moscow
  • By Victor Borodin and Alexander Smirnov, Ernst & Young, Moscow
  • By Tim Carty and Valentina Balykova, Ernst & Young, Moscow
  • By Julia Maximovskaya and Julia Timonina, Ernst & Young, Moscow
  • By Evgeny Bezlepko, Ernst & Young, Moscow
  • Over the last few months, Mexico has been analyzing the feasibility of issuing clear regulations on electronic signatures for use with electronic and optic technology or any other technology. On August 29 2003, a decree was published amending and adding to provisions of the Commerce Code as concerns electronic signatures.
  • A draft Trade Tax Reform Act was approved by the German cabinet on August 132003. Under the German constitution and the revenue-sharing arrangements currently in place, the revenue from the trade tax is largely payable to municipal government (cities and local governmental subdivisions) to help defray the additional infrastructure cost caused by commercial businesses located in the respective municipalities. A decline in the revenue from this tax is partially responsible for the severe economic difficulties many municipalities are experiencing. The reform of this tax is the subject of intense political controversy.