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Taxation On The Internet You Might Have To Pay More For Your Fav Online Services

Taxation On The Internet: You Might Have To Pay More For Your Fav Online Services.

In this world, nothing is certain except death and taxes – Benjamin Franklin (1706-90), one of the Founding Fathers of the United States. In October 2014, the Hungarian government submitted its proposed Internet tax law for 2015. One of the features under that tax law is the introduction of “Internet tax” that will be imposed on …

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Regulating Contents on the Internet. The Law Behind It And Our Opinion.

On 8 March 2014, a Malaysia Airlines plane, MH 370, bound for Beijing, went missing after departing from Kuala Lumpur International Airport. Even after 5 years, MH 370 has yet to be found, despite the authorities and the international search and rescue teams working round the clock, trying to find the whereabouts of MH 370. …

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Employee-Share-Option-Scheme-An-Alternative-Way-To-Motivate-Reward-And-Retain-Your-Employees

Employee Share Option Scheme: An Alternative Way To Motivate, Reward And Retain Your Employees

The recruitment and retention of talents are common issues faced by many employers. If you are a start-up company which does not have the cash to pay larger salaries to your employees or a growth-stage company struggling with retaining talents, Employee Share Option Scheme (ESOS) may be used to motivate, retain and remunerate your employees in …

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Signed An Electronic Contract on the Internet? Here’s What You Need To Know

Signed An Electronic Contract on the Internet? Here’s What You Need To Know!

If you have ever purchased an item on the Internet or signed up for a service online, you have formed an electronic contract on the Internet. A contract is simply an agreement that would be enforceable under the law. Electronic contract or not, in general, contracts need not necessarily be in writing. An oral contract …

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Trademark : How To Protect Your Brand Online.

Trademark : How To Protect Your Brand Online.

Trademarks are generally protected under trademark legislation (for a registered trademark) and common law tort of passing off (for unregistered trademark). Brand owners are always encouraged to have their trademarks registered because that will enhance their protection in the sense that registered trademark owners will enjoy exclusive rights in connection with the class of goods/services …

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Copyright and the Internet: What You Have To Know.

Copyright and the Internet: What You Have To Know.

The rapid growth of digital technology and the proliferation of the Internet have challenged the traditional notion of intellectual property rights protection, particularly with respect to copyright. Copyright Online Originally, the Internet only offered access to the World Wide Web, which was merely a collection of interconnected documents and resources. However, today, the Internet offers …

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Laptop Exploded? Well, Here’s What You Need To Know About Product Warranties, Guarantees and Liabilities

Imagine this. You just bought a laptop two weeks back. But now the battery is emitting smoke and your hard disk has caught fire. Plus, you have an ugly burn mark left on your legs! And, all this despite the fact that the seller had guaranteed you that the laptop was in good condition and …

Laptop Exploded? Well, Here’s What You Need To Know About Product Warranties, Guarantees and Liabilities Read More »

Responsibilities of Executor:

  • Apply for and extract the grant of probate.
  • Make arrangements for the funeral of the deceased.
  • Collect and make an accurate inventory of the deceased’s assets.
  • Settling the debts and obligations of the deceased.
  • Distributing the assets.

Note for Digital Executor:
If you wish to leave your digital assets to certain people in your Will, there are important steps that need to be taken to ensure that your wishes can be carried out:

  • Keep a note of specific instructions on how to access your username and password of your digital asset.
  • You are advised to store these private and confidential information in a USB stick, password management tool or write them down.
  • Please inform your executor or a trusted person of the whereabouts of the tools so that they will have access to your digital asset.
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