Undoubtedly, the most pressing issue on President Joseph R. Biden’s agenda is the COVID-19 pandemic which, in his own words, “silently stalks” both the United States and the globe. Remarks he made during his inauguration speech that the US may be entering “the toughest and deadliest period of the virus” coupled with Thursday’s sobering headlines that the number of American virus related deaths had surpassed the country’s troop fatalities in World War II, only serve to underscore the point. To...
The global leaders of FTI Consulting’s Cybersecurity practice analyzed major developments from their respective regions — including the fallout of the U.S. Presidential Election, Brexit, and the upcoming Tokyo Olympics — to forecast what to expect in the coming year.
Cybersecurity, already an essential consideration for all organizations, became even more critical in 2020, as malicious actors sought to capitalize on the societal confusion, fear, and uncertainty sown by a global pandemic. Organizations and individuals alike were targeted with sophisticated...
After Inauguration Day on Jan. 20, 2021, and with the seating of the two newly elected Democratic senators from Georgia, Democrats will have control of the White House and both houses of Congress for the first time since 2011.
The narrow margin by which the Democrats hold both houses, however, will restrain what tax proposals can become law, either through regular order or a budgetary reconciliation process.
This Holland & Knight alert outlines the tax policy priorities of...
The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep its members up to date with the latest developments in property taxes in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org).
UNITED STATES
New York: NYC Property Values Decline 5% as Offices and Hotels Stand Empty
Office building values drop 6%: finance department
Decrease in property value is...
Initially published in The Law Ally of Broadway |
Late last month congressional leaders finally agreed to offer cultural institutions, including music venues and movie and stage theaters, a coronavirus relief package of $15 billion for “Save Our Stages”, as part of the larger $900 billion relief package, which includes additional categorical relief, such as the Paycheck Protection Program, and unemployment benefits and direct assistance to individuals. The Save Our Stages relief is intended to try to save and assist these...
Spain was the first country to benefit from the European Guarantee Fund (EGF).
Impact: nearly €8.5 billion for 98 operations in Spain, financing that amounts to nearly 0.8% of national GDP.
Climate action: accounted for 38% of total activity, an increase of 9 percentage points compared to 2019.
Investment Plan for Europe: Spain is the country with the third-highest volume of financing approved since 2015.
The European Investment Bank Group (EIB and EIF) today presented the results of its activity...