BLP partner Luis Chacón, tax law expert, participated as a speaker at the Tax Symposium organized by the College of Private Accountants on November 6, 2019, in which he discussed the deductibility of expenses, tax havens and hybrid asymmetries in light of the Tax Reform in Costa Rica. For an expense to be deductible from…
Category Archives: Blog
04
Nov
Nov
Through our specialist partner in Labor & Employment, Randall González, the firm participated in the event organized by the Colombian Federation of Human Management of Colombia (ACRIP), Colombia’s most important entity on Human Capital issues, formed by the business and academic sectors of that country. Randall’s presentation dealt with discrimination and its relationship to diversity…
28
Oct
Oct
Corporate compliance is a set of procedures and best practices adopted by organizations to identify and classify the operational and legal risks they face and establish internal mechanisms for prevention, management, control and reaction to such risks. In an environment of increasing transparency, non-compliance with corporate governance rules and guidelines can have a direct and…
23
Oct
Oct
From October 15-25, 2019, Irene Aguilar, BLP Director of Sustainability, participated in the workshop discussion Towards Respect for Human Rights in Business Activities at the XXXVII Interdisciplinary Course on Human Rights at the Inter-American Institute of Human Rights, in San José, Costa Rica. This course, which is held annually, is the most important human rights…
Blog, News
Reform to the Law of the Financial Analysis Unit to reaffirm the inclusion of Lawyers and Notaries Public as Obligated Subjects in Nicaragua
21
Oct
Oct
On October 7, 2019, the full and amended text of Law 976, Law of the Financial Analysis Unit, was published. The reform was carried out by law 1,002 that was published on September 13 and follows the same policy line as Law 977, Law Against Money Laundering, passed a month earlier. This new reform closes…
13
Sep
Sep
In today’s market, a company can implement several types of Compliance programs and the application and scope of each vary according to the needs and requirements of the business. In general, in Nicaragua, we are all obliged to comply with the law and all criminal, tax, civil, labor regulations, as well as the specific regulations…
23
Aug
Aug
“Clauses agreed upon without due care may bring penalties to companies” The non-compete clause is a contractual obligation widely used in the business universe and can be perfectly valid and applied to different types of contracts, whether they are governed by labor law, commercial law and even antitrust law. However, a non-compete provision must meet…
23
Aug
Aug
The yo-yo, chicle, velcro, and jacuzzi seem to have nothing in common. However, all share the ignominy of having been trademarks that became common nouns. That is why, for example, when mentioning a jacuzzi, one may think of a “hydromassage bathtub” (definition given by the Royal Spanish Academy) and not associate the word with a…
23
Aug
Aug
Since the entry into force of the Law for the Protection of the Person against the Processing of their Data (Data Law), the importance of this topic in Costa Rica has increased. Likewise, the risk assumed by companies when handling personal information is increasing. In the past year alone, the Data Protection Agency (PRODHAB) has…
23
Aug
Aug
The way in which companies promote their products has changed. Currently, to the detriment of traditional advertising channels, many companies resort to the use of opinion leaders or “influencers” on social media to promote their brand. This practice has created a boom for some persons such that a tweet or publication on Twitter or Facebook…