The business income tax (“ISB”) was introduced in Monaco following the conclusion of a tax treaty with France on May 18th, 1963. Where applicable, and pursuant to article 1 of the Tax Treaty, the ISB is in principle assessed and recovered under the same conditions as is assessed and recovered the corporate income tax in…
The Principality of Monaco updated and reinforced its legislative arsenal on the fight against money laundering, the financing of terrorism and corruption by the adoption of a law n° 1.462 of june 28th, 2018, implemented through a sovereign order n° 7.065 of july 25, 2018. Among the novelties of this law stands notably the creation…
The primary objective of Law No. 1.457 of 12 December 2017 on harassment and violence at work is to secure relations between employers and employees against harassment, sexual blackmail and violence at work. Workplace harassment is defined as knowingly and by any means whatsoever, in the context of an employment relationship, that a natural person…
