Taxonomy: Sector Affected - 64
Hotel and restaurant services
Venezuela: Nationalisation of a hotel owned by the American hotel company Hilton
Description
On October 6, 2009, the Venezuelan President Hugo Chavez issued a decree (Decree No 6.962) on the nationalisation and expropriation of a hotel owned by the American company Hilton.Switzerland: Additional provisions for foreign service providers
Description
On 16 April 2013, the Federal Council introduced additional provisions for cross-border service providers (only for short term services, up to 90 days of work per year).Argentina: Higher tax on foreign purchases
Description
On 31 August 2012, the Federal Administration of Public Investments of Argentina introduced a 15 per cent tax on all purchases made abroad with Argentinian credit-cards.Italy: Aid to compensate for damage caused by the earthquakes of May 2012
Description
On 14 September 2012, the Italian Government notified the European Commission about an aid measure designed to compensate the damage caused by the earthquakes of 20 and 29 May 2012 in the Regions Emilia-Romagna, Lombardy and Veneto.Chinese Taipei: Looser regulations on incoming FDI
Description
On December 20, 2012, the Taiwanese Executive Yuan approved amendments to the respective Statutes for Investment by Foreign Nationals and by Overseas Chinese (i.e. persons from the PRC).Cape Verde: New Investment Code promoting FDI
Description
Italy: Fund to support "Made in Italy" sectors
Description
On 19 November 2012, the Fondo Strategico Italiano (FSI, holding company controlled by the Cassa Depositi e Prestiti, a public Ltd) and the Qatar Holding LLc (QH, a global investment house founded by the Qatar Investment Authority and licensed byMyanmar: Permanent residence system for certain foreigners
Description
On 31 October 2012, the Vice-President of Myanmar, U Nyan Tun, announced plans to implement a permanent residence system for foreign investors, intellectuals, businessmen, and technicians.Myanmar: New foreign investment law
Description
On 2 November 2012, the President of Myanmar, Thein Sein, has signed the new law on foreign investment. The law introduces several changes to an international investment law introduced in 1988 as well some new regulations.Turkey: New investment incentives schemes
Description
On June 19, 2012, the new investment incentive schemes including the (1) General Investment Incentives Scheme, (2) Regional Investment Incentives Scheme, (3) Large-Scale Investment Incentives Scheme and the (4) Strategic Investment Incentives
