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TECHNOLOGY, OUTSOURCING, AND COMMERCIAL TRANSACTIONS
NEWS FOR LAWYERS AND SOURCING PROFESSIONALS
Draft law “On Activities of Foreign Companies in the Internet in the Territory of the Russian Federation,” introduced to the State Duma, a lower chamber of the Russian parliament, on May 21, 2021, aims to extend Russian jurisdiction to certain non-Russian internet businesses by requiring them to open local offices in Russia and to comply with orders of Roskomnadzor, a Russian internet and data privacy regulator. Failure to do so may result in restrictive measures limiting ability to work with Russian users and businesses.
Maryland enacted a state tax on digital advertising gross revenues on February 12, after overriding the governor’s veto. The passed law, which is the first of its kind in the United States, imposes “a tax on certain annual gross revenues derived from certain digital advertising services in the State” and requires those whose revenues will meet a revenue threshold to complete and file with the state comptroller a specific tax return to reflect such position. Failure to pay such taxes as required could result in interest owed on such unpaid taxes or criminal penalties for failing to file or falsely filing a return.
Russia has amended its main laws governing the internet to allow the government to restrict access to the internet and to control internet traffic in emergency situations.
Morgan Lewis partner Peter Watt-Morse (Pittsburgh) and associate Eric Pennesi (Pittsburgh) will be participating in the Pennsylvania Bar Institute’s 2019 Cyberlaw Update, which will address trending topics, including blockchain and cryptocurrency and security and privacy concerns related to social media, in addition to GDPR.
London partner Pulina Whitaker recently published a LawFlash discussing how the United Kingdom’s exit from the European Union will make the UK a “third country”
Moscow partners Anastasia Dergacheva and Brian L. Zimbler and associate Kseniya Lopatkina recently published a LawFlash on the new rules in Russia for platforms that aggregate information from online stores. Federal Law No. 250-FZ, signed on July 29, 2018, provides additional protection for consumers acquiring goods and services through online platforms. For more information on the effects of this new law, read the LawFlash.
The Russian Parliament on April 12 approved at a first hearing a new draft law aimed at owners of public networks.
The American Bar Association’s Standing Committee on Ethics and Professional Responsibility (ABA Committee) issued Formal Opinion 480 on March 6, titled, “Confidentiality Obligations for Lawyer Blogging and Other Public Commentary” (the Opinion).
Join Morgan Lewis at our Boston office on Wednesday, December 6 for an interactive event on top issues impacting commercial and transactional lawyers and sourcing professionals.
Morgan Lewis is hosting an interactive event regarding top issues impacting commercial and transactional lawyers and sourcing professionals on December 6 in Boston.