Member News, News

Cap-Subject H-1Bs Will Be Effective October 1st, 2014

On October 1, 2014, FY 2015 H-1B cap-subject visa petitions will be valid. Individuals in possession of valid H-1B petitions must take appropriate action to demonstrate work authorization for the petitioning employer. For certain individuals, demonstrating H-1B status can be as straightforward as completing an I-9 form. For example, if the following requirements are met: 1) an H-1B “Change of Status” petition was approved; 2) they will be physically present in the United States on October 1, 2014; and 3)...

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The Best and Worst of Int’l Property Tax Administration: Scorecard on State and International Property Tax Administrative Practices – Now Available

The Internationsl Property Tax Institute, a member of the EACCNY, is pleased to announce that the results of their research - “The Best and Worst of International Property Tax Administration: Scorecard on State and International Property Tax Administrative Practices" - are now available.   The results are contained in two documents: the Scorecard itself and an Addendum to the Scorecard which contains additional information about the property tax systems in the Scorecard. This research was carried out jointly by The Council On...

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Chapter News, News

European Banking Union is taking Shape

Jyrki KATAINEN - Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro  at Euro 50 Conference | Lisbon, 15 September 2014 Today, we have brought together a group of experts and distinguished professionals who have no doubt watched developments related to the establishment of the Banking Union with a careful, critical, and constructive eye. During the course of the day, panel sessions will provide the opportunity to analyse the merits...

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Member News, News

Can US law enforcement access information on Irish servers? – the Microsoft saga

In the past few months, Ireland has found itself at the centre of an intense battle over whether US authorities can access data on Irish-based Microsoft servers. The debate has continued with a recent decision of the New York District Court to remove the suspension on the warrant ordering the handover. Following this decision, on 5 September 2014 the case shifted up a gear with Microsoft voluntarily entering contempt and proceeding to the Second Circuit Court of Appeals to continue...

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Industrial competitiveness: Commission reports underline need for incisive action by EU and Member States

EU manufacturing possesses a number of competitive strengths that should be leveraged to promote economic growth, despite the current difficult economic environment. This is the conclusion of the two reports on industrial competitiveness released by the Commission. However to ensure that growth does not stall, the EU and Member States urgently need to address a number of areas of concern: investment, access to finance, public administration, access to foreign markets, innovation and energy prices. European Commissioner for Industry and Entrepreneurship Ferdinando...

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Member News, News

CBP Withdraws Proposed Changes to First Sale Program

CBP has informally advised various trade associations that the proposed changes to the Informed Compliance Publication (ICP) on Bona Fide Sales & Sales for Exportation to the United States will be withdrawn. CBP has indicated that it was not seeking to change policy or the law affecting first sale through the proposed ICP revisions but was instead looking to provide clarity with regard to the documents which could be required during an audit of first sale transactions. Based upon the...

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How can we make the EU a better place for SMEs? Commission seeks your views

What do small and medium sized enterprises in Europe need from future EU policy? This is the core question of a consultation the Commission launched today to help upgrade the EU's Small Business Act (SBA). The SBA - a wide-ranging set of measures designed to make life easier for small companies - has already proved to be a good basis for SME policy. As it is built upon the exchange of best practices, support for internationalisation and entrepreneurship as well...

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Donald Tusk elected European Council President and Federica Mogherini appointed as new EU High Representative

The European Council decided today to elect Donald Tusk as President of the European Council, and to appoint Federica Mogherini as High Representative of the Union for Foreign Affairs and Security Policy. The President of the European Council is elected for the period from 1 December 2014 until 31 May 2017. The mandate of two and a half years of the President of the European Council is renewable once. Donald Tusk was also appointed President of the Euro Summit, for...

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President-elect Juncker interviews candidates for Commissioner

Starting today, President-elect Jean-Claude Juncker will interview each Member State's candidate for Commissioner, before taking a final decision and communicating the list of Commissioners-designate to the Council of the European Union. The purpose of these interviews will be to determine each candidate's ability to serve as a European Commissioner, particularly in light of Article 17(3) of the Treaty on European Union (TEU), which states that: "The members of the Commission shall be chosen on the ground of their general competence...

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Member News, News

Skadden Arps Commits to New Building

A few months ago Trepp, LLC in on of their updates noted that Manhattan's Four Times Square loan was at risk of losing its second largest tenant. (The property had already lost Conde Nast to One World Trade Center.) On Friday, The Real Deal confirmed that law firm Skadden, Arps, Slate, Meagher & Flom has committed to relocate to Brookfield's new office project called Manhattan West in 2020. The firm currently occupies about 49% of the space at Four Times Square, also known as the Conde Nast Building. The...

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